The First International developer has secured a high profile contract to develop sites on Sowwah Island in Abu Dhabi for US$1bn.
First international developer awarded US$1bn deal on Sowwah Island
Buildings
New US$220mn housing project to be built in Basra
US engineering firm World Solutions International (WSI) announced a US$220mn contract to build 2,500 housing units in the Iraqi city of Basra.
Construction sector in Oman jumps by 14 per cent
THE growing investment confidence in Omans construction sector has seen the government push ahead with new infrastructure projects which will help stimulate the economy and will see the sector grow annually by 5 per cent over the next three years.
Middle East construction going green
Three regional councils promoting sustainable urban structural environment have agreed to form the Middle East Green Building Councils Network.
Abu Dhabi sets new construction rules
Abu Dhabi has introduced new rules to govern construction activities as part of an overall restructuring process to support the domestic economy within the emirates 2030 development strategy. The new rules have already been inforced but contractors and other construction companies have up to four years to meet the various criteria set out, according to the Abu Dhabi Department of Economic Development.
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