UAE Construction Industry 2006

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UAE Construction Industry in 2006 Compiled in March 2007 UAE C C o o n n s s t t r r u u c c t t i i o o n n I I n n d d u u s s t t r r y y i i n n 2 2 0 0 0 0 6 6

Transcript of UAE Construction Industry 2006

Page 1: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

Ventures Middle East LLC 1

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UAE Construction Industry in 2006 Compiled in March 2007

UAE Construction Industry in 2006

AN OVERVIEW

This report contains 29 pages and prepared by Ventures Middle East LLC

March 2007 Feedback: Our clients’ satisfaction is our utmost concerns. We welcome all feedback regarding our research, appraisals and products. Please send us your notes on this report, what you found useful in it and future research directions or requirements that would help in your business should be addressed to: Ventures Middle East LLC Abu Dhabi, United Arab Emirates P.O. Box: 32094 Tel : (971 - 2) 6222 455 Fax : (971 - 2) 6222 404 E-mail : [email protected] Web Site : www.ventures-uk.com

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TABLE OF CONTENTS

1. YEAR 2006 – A CLOSER LOOK ......................................................................4 2. GDP IN 2006 & 2007 .......................................................................................10 3. MAJOR PROJECTS AWARDED TO CONTRACTORS IN 2006....................11 4. TOP CONTRACTORS IN 2006 .......................................................................21 5. TOP CONSULTANTS IN 2006 ........................................................................22 6. TOP DEVELOPERS IN 2006...........................................................................23 7. CONTRACTOR AWARDS IN 2006 .................................................................25 8. EXPECTED CONTRACTOR AWARDS IN 2007.............................................26 9. MAJOR PROJECTS ANNOUNCED IN 2006 ..................................................27

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1. YEAR 2006 – A CLOSER LOOK As predicted by industry experts, the UAE construction industry experienced unprecedented growth in the year 2006, with order books hitting new highs for most of the companies serving the industry, thus consolidating their presence in the region. The year 2006 witnessed more activity especially in the building construction sector compared to the year 2005. The activity is expected to continue upbeat for the next few years as billions worth of projects are announced to be in the pipeline and on the drawing boards. According to the Ministry of Finance and Industry, investment in the UAE's industrial sector hit a record Dhs.70.4 billion in 2006, an increase of more than 3 per cent compared with Dhs.68 billion in 2005. In the industrial sector, the three notable events which took place in 2006 are the following: Mubadala Development Company and Dubal signing an agreement on 18th February 2006 to jointly build a US$6,000 million grassroots aluminium complex at Taweelah; Abu Dhabi’s General Holding Corporation announced the signing of a heads of agreement with Comalco Aluminium to proceed with a detailed feasibility study for the development of an aluminium smelter in the emirate; ConocoPhillips (US) announced signing of a heads of agreement with International Petroleum Investment Company (IPIC) to carry out a feasibility study for the construction of a refinery in Fujairah. An array of key real estate developments were announced during 2006 throughout the country. The major announcements include the establishment of Dubai Aerospace Enterprise to attract US$15,000 million investment by 2015; US$27.2 billion Bawadi project by Tatweer, part of Dubai Holding; Fifth island project in Dubai by Nakheel Corporation and Abu Dhabi’s largest real estate project till date – the US$40,000 million Yas Island Development by Aldar Properties. The activities in the marine sector received a shot in the arm when the emirate of Abu Dhabi unveiled plans to build the US$2,100 million Khalifa Port and Industrial Zone at Taweelah during early 2006. The prominent events which took place in 2006 in the power and water sector include identification of two new sites – Hassyan and Lehbab by Dubai Electricity and Water Authority (DEWA) for construction of power and desalination plants for the future; government of Abu Dhabi’s launch of Masdar alternative energy initiative; signing of key project agreements on the Fujairah independent water and power project (IWPP) between Abu Dhabi Water and Electricity Authority (ADWEA) and Sembcorp Utilities; Launch of the 7th independent water and power project (IWPP) in Fujairah by ADWEA; and approval of Abu Dhabi’s Taweelah A1 independent water and power plant extension, to be known as A10 by the executive council.

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Let’s take a closer look at the highlights of the year 2006 by quarter. Quarter 1

• The emirate of Abu Dhabi unveiled plans to build the US$2,100 million Khalifa Port and Industrial Zone at Taweelah.

• French/local joint venture of Bouygues Batiment International and Target

Engineering Construction Company bagged the estimated US$275 million main construction contract for the DIFC Ritz Carlton project.

• In Ras Al Khaimah, the Investment & Development Office (IDO) launched

a new firm called EDRAK aimed at developing the education sector in the emirate and across the Middle East.

• US based conglomerate GE Electric signed a memorandum of

understanding on 24th January 2006 with Dubai Holding to develop infrastructure and industrial projects in the Middle East.

• Danieli & Company signed the US$545 million EPC contract for the first

phase construction of rebar and wire rod facility for Abu Dhabi based General Holding Company.

• HSBC Bank Middle East and Daman Securities partnered together for a

private sector real estate joint venture fund – Arabian Real Estate Investment Trust.

• Al Naboodah Contracting was awarded the estimated US$300 million first

runway package at the Jebel Ali International Airport and Dubai Logistics City.

• Al Shafar General Contracting wins the estimated US$218 million main

construction contract for the Golden Mile project on Palm Jumeirah.

• Nakheel Corporation formed a new company called Nakheel Hotel & Resorts to invest in and develop tourism projects across Middle East, Africa, Asia, Russia and the CIS.

• Dubai Aerospace Enterprise is formed to attract US$15,000 million

investment by 2015.

• Ras al Khaimah government announced plans to develop an estimated US$265 million commercial spaceport in the emirate.

• Mubadala Development Company and Dubal signed an agreement on 18th

February to jointly build a US$6,000 million grassroots aluminium complex at Taweelah, Abu Dhabi.

• Al Qudra Holding and Utilities Development Company Holdings (Kuwait)

combined together to float a new utilities firm – Emirates Utilities Company Holding aimed at developing public sector projects.

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• ADWEA selected Australia’s Cardno as the technical advisor; Dewey Ballantine as legal advisor and BNP Paribas as financial advisor on the planned privatization of Abu Dhabi emirate’s two sewage treatment plants.

• DEWA identified two new sites – Hassyan and Lehbab for construction of

power and desalination plants for the future.

• Dubai government announced the long awaited property law on 14th March 2006 which states that UAE and GCC nationals, including companies wholly owned by them and public joint stock companies have the right to own property in Dubai. Non GCC nationals will be given the right to freehold property and leasehold of up to 99 years in certain parts of Dubai emirate.

• The government of Abu Dhabi launched the Masdar alternative energy

initiative.

• ExxonMobil (US) signed an agreement on 27th March 2006 with ADNOC to take 28% stake in the offshore Upper Zakum oil field.

• Fortune Group launched the estimated US$1,066 Million, 108-storey Burj

Al Alam tower on 28th March 2006.

• Abu Dhabi Melamine Industry Company was formed by ADNOC and AMI Agrolinz Melamine International (Austria) to own and operate the planned Ruwais melamine plant.

Quarter 2

• Engineers India Limited was awarded the detailed conceptual study contract for increasing production capacity at the offshore Upper Zakum field and processing facilities on Abu Dhabi’s Zirku island.

• Abu Dhabi Tourism Authority launches a new subsidiary, Tourism

Development & Investment Company (TDIC).

• Dubai’s Zabeel Investments entered into a Dhs.700 million agreement with Switzerland’s TUI Hotels & Resorts to build two hotels on Palm Jumeirah.

• Al Qudra Real Estate announced its first major project – Danet Abu Dhabi

which will comprise 34 towers (15-23 storeys) and a shopping mall.

• Sheffield Real Estate in joint venture with Russia’s Rustar Real Estate launched the 101-storey, 412 metre high Marina 101 tower.

• Atkins appointed as the lead engineer on the Dubai Light Rail project.

• Dubai’s Emirates Airlines signed a joint venture agreement with UK’s

Whitbread to launch the Premier Travel Inn brand in Dubai and the GCC.

• The Abu Dhabi Planning & Economy Department created a Dhs.1,000 million fund to invest in the development of specialized industrial zones in the country.

• Istithmar, a dubai government investment company created a wholly

owned subsidiary, Istithmar Hotels, to handle its hospitality and leisure sector investments.

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• Tatweer, part of Dubai holding unveiled plans of the massive real estate

scheme – the US$27.2 billion Bawadi project.

• Abu Dhabi Terminals Company has been formed by Abu Dhabi Ports Company in co-operation with Dubai’s DP World to operate Mina Zayed.

• Abu Dhabi’s Tourism Development & Investment Company (TDIC) signed

an agreement with Al Masaood Group to redevelop Abu Dhabi’s Tourist Club area.

• The local-Brazil joint venture of Al Jaber Group with Odebrecht bagged the

estimated US$275 million contract for the construction of new runway at Abu Dhabi International Airport.

• Emirates Sunland Group signed joint venture agreement with Arabtec

Construction for the development of US$400 million Palazzo Versace Resort and D1 Tower.

• Abu Dhabi’s General Holding Corporation announced the signing of a heads

of agreement with Comalco Aluminium to proceed with a detailed feasibility study for the development of an aluminium smelter in Abu Dhabi.

Quarter 3

• Dubai World was launched formally on 2nd July 2006. • The Ras Al Khaimah Investment Authority has signed a memorandum of

understanding with Shanghai based PDSI Development Group and Genlon to establish a joint venture that will develop tourism and real estate projects in the emirate.

• Hyundai Engineering & Construction bagged two contracts totaling US$202

million for the stage 1, upland facilities on the new container terminal project in Jebel Ali.

• Key project agreements were signed on the Fujairah independent water

and power project (IWPP) between ADWEA and Sembcorp Utilities.

• Siemens-ETA consortium was awarded the US$450 million turnkey contract to carry out the phase-3 development of Al Aweer H station.

• Tatweer (part of Dubai Holding) launched the estimated US$1,089 million

phase 2 development of Dubai Healthcare City.

• China State Construction Engineering Corporation was chosen as the main contractor by Dubai Properties for the estimated US$272 million Mirdif Villas project.

• Snasco announced plans to develop US$408 million Sharjah Investment

Park.

• Jan De Nul was awarded the reclamation works contract for Dubai Waterfront.

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• Abu Dhabi’s Tourism Development & Investment Company signed a memorandum of understanding with Guggenheim Foundation (New York) to build a museum in Saadiyat Island.

• Arabtec Construction won the main construction contract on the US$571

million Tiara Residence scheme.

• Emaar Properties and US’ Turner Construction International formed a new entity – Turner International Middle East to offer project management services to clients in MENA region.

• Ras Al Khaimah Ceramics announced signing of a joint venture agreement

with Kludi Group (Germany) to manufacture bathroom and kitchen fittings in the emirate.

• ConocoPhillips (US) announced signing of a heads of agreement with

International Petroleum Investment Company (IPIC) to carry out a feasibility study for the construction of a refinery in Fujairah.

• Dubai’s RTA has awarded the US$1,112 million contract for the phase 2

works on the Dubai Metro scheme to Dubai Rapid Link consortium.

• Dubai government confirmed that companies based in Jumeirah Lake Towers will be given free zone status.

• Al Qudra Holding and Al Malik Group established a company called Q Car

Park to build and maintain car parks in the gulf region.

• Dubai government announced the take over of operation of four offshore fields – Fateh, Southwest Fateh, Falah and Rashid.

• Civilco bagged the US$204 million construction contract for Al Wahda

Sports & Cultural Club project in Abu Dhabi.

• Petrofac International announced was awarded a contract to provide production and well management services covering the offshore oil and gas fields in Dubai.

• Indago Petroluem (UK) signed a new petroleum concession agreement

with Ras Al Khaimah government for exploration and production of the offshore Saleh field.

• Rakeen Development, a new real estate venture was established by the

government of Ras Al Khaimah to develop real estate projects in the emirate.

• The government of Ras Al Khaimah announces plans to construct a

12,000sq.m theme park in the emirate costing US$231 million.

• Shimizu Corporation (Japan) was awarded the estimated US$544 million main construction contract of Marina Residences and Townhouses project on the Jumeirah Palm Island.

• Dubai Multi-Commodities Centre and Technopark announced plans to

construct an estimated US$1,000 million LNG storage and trading facility in Dubai.

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• Bonyan International signed an agreement with BPL Engineering & Construction (Singapore) to provide project management services across the region.

• Bechtel was awarded the programme management services contract for

the Khalifa Port and Industrial Zone project by Abu Dhabi Ports Company.

• Nakheel Corporation announced the multi-billion dollar Jumeirah Park project.

• Al Habtoor-Murray & Roberts received a letter of award for the estimated

US$220 million Etihad Airways terminal package at Abu Dhabi International Airport.

• Umm al-Quwain government and Al Rajhi Group (Saudi Arabia) jointly

established a new company to specialize in producing, delivering and distributing water throughout the emirate and in the country.

• Al Naboodah Engineering Services was awarded the estimated US$218

million infrastructure contract covering the Dubai Business Bay.

• Hyundai Heavy Industries bagged the estimated US$1,600 million EPC contract for the Umm Shaif Gas Injection Project in Abu Dhabi.

• ADWEA launched its 7th independent water and power project (IWPP) in

Fujairah.

• Palm Water was awarded the US$272 million design-build-own-operate contract for the International City sewage treatment plant.

• Istithmar together with AIG Global Real Estate (New York) launched a new

company to invest in real estate assets across the region. Quarter 4

• Abu Dhabi Polymers Company (Borouge) announced plans for further expansion of its Ruwais petrochemicals complex.

• Nakheel announced its fifth island project in Dubai.

• Bechtel was appointed as the consultant while Fichtner took the power

generation element for the proposed Ruwais aluminium smelter project.

• Arabian Construction Company was awarded the US$545 million Etihad Towers main construction contract in Abu Dhabi.

• Palm Water was awarded the US$550 million design, build, own and

operate water and wastewater plants by Jebel Ali Free Zone Authority.

• Jan De Nul (Belgium) was awarded the US$220 million Saadiyat Island dredging and reclamation contract.

• Al Qudra Holding joined hands with Qatar Industrial Manufacturing

Company, Emirates Holding, Dubai Investments and Mohammed Abdulmohsin Kharafi & Sons to launch a new subsidiary – Q Industry to invest in new factories.

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• Saudi Oger bagged the estimated US$408 million main construction

contract on the new UAE University campus development project in Al Ain.

• Fibrex was awarded the estimated US$409 million main construction contract on the Reef villas project in Abu Dhabi.

• Singapore’s Changi Airports International was chosen to operate Abu

Dhabi International Airport by Abu Dhabi Airports Company.

• Aldar Properties formed a joint venture with Laing O’Rourke (UK) primarily for Aldar’s $14,700 million Al Raha Beach scheme, but may be engaged on other Aldar developments as well.

• Sharjah Municipality, JMS Property Development and Tactical Connections

(Canada) formed a US$500 million company to recycle waste in Sharjah.

• Linde won the estimated US$1,300 million cracker EPC package on Borouge’s petrochemical complex expansion scheme.

• Aldar Properties announced Abu Dhabi’s largest real estate project till date – The

US$40,000 million Yas Island Development.

• Abu Dhabi’s Taweelah A1 independent water and power plant extension, to be known as A10 was approved by the executive council.

2. GDP IN 2006 & 2007

The UAE is understood to have recorded the highest real Gross Domestic Product (GDP) growth in 2006 at 10.2%, followed by Qatar at 7.5%, Kuwait at 6.5%, Saudi Arabia at 6.2%, Bahrain at 6.0% and Oman at 5.0%. Qatar is expected to lead the pack in terms of real GDP growth in 2007, rising by 8.6% as the country boosts its natural-gas production by 42%, on top of the 8.9% increase of 2006. The UAE will follow with real growth of 7.2%, Oman of 5.9%, Bahrain of 5.0%, Saudi Arabia of 4.2%, and Kuwait of 4.1%. The lower growth rates projected for 2007 compared to 2006 are mainly due to the slight decline in oil output expected this year and global factors that will result in a slight slowdown for foreign direct investment (FDI) and economic growth globally, according to WTO and UNCTAD.

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3. MAJOR PROJECTS AWARDED TO CONTRACTORS IN 2006 The major projects awarded to contractors in the year 2006 are listed below: No Project Title Emirate Contractor Value US$

Million

1 6 Residential Buildings on Dubai-Sharjah Road

Dubai Al Habtoor Engineering 165

2 Park Lane Apartments in Dubai International Financial Centre

Dubai Bouygues/Target Engineering

275

3 7 storey Building in Dubai Marina

Dubai Zarah Al Safa Contracting

na

4 Quay Walls at Mina Saqr Ras Al Khaimah

China Harbour na

5 Design and Accomplishment of Roads (Grp.1)

Northern Emirates

Saif Bin Darwish na

6 Dubai Sports City-Infrastructure Package

Dubai Wade Adams 106

7 Blending Plant in Sharjah Sharjah Al Nemr Civil Engineering

Na

8 Steel Plant in Mussafah Abu Dhabi Danieli & Co. 550 9 Cement Plant in Ras Al

Khaimah Ras Al Khaimah

FL Smidth

120

10 Development of Al Ain Equestrian & Shooting Club

Abu Dhabi Dripco

12

11 Labour Housing Units in Umm Al Quwain

Umm Al Quwain

Al Arrab 27

12 Residential Building near Lamcy Plaza

Dubai Al Arif Contracting 3

13 Residential Towers in Al Barsha

Dubai Youssef & Aman Contracting

14

14 Gold Crest Views II in Jumeirah Lake Towers

Dubai Al Meraikhi 68

15 Bank Branch & IT Development Office Building

Dubai Eastern Contracting 19

16 Residential Building in Al Barsha

Dubai Al Shafar Transport & Contracting

Na

17 London Crown Tower in Al Mankhool

Dubai Al Shafar Transport & Contracting

na

18 23 Storey Tower in Fujairah

Fujairah Skynet Contracting Co. na

19 Dorra Bay in Dubai Marina Dubai Construction & Reconstruction Co.

Na

20 Liwa Heights in Jumeirah Lake Towers

Dubai Dhafir Development 48

21 Al Aweer Sewage Treatment Plant Expansion

Dubai Leader Group/Mass Artima

50

22 Design and Accomplishment of Roads (Grp.2)

Northern Emirates

Darwish Engineering na

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23 Gold Crest Executive in Jumeirah Lake Towers

Dubai Ascon 60

24 Diamond Factory in Ras al Khaimah

Ras Al Khaimah

Mushrif Trading & Co. 10

25 Stargate Edutainment at Za'abeel Park

Dubai Engineering Contracting Co.

Na

26 The Golden Mile on Jumeirah Palm Island

Dubai Al Shafar General Contracting

400

27 Dubai Industrial City in Emirates Road – Infrastructure Pack

Dubai Ghantoot Transport 14

28 Mirdif Private School in Al Mizhar

Dubai Al Awtan Contracting 3

29 City Hospital in Dubai Health Care City

Dubai Al Ahmadiah Aktor 82

30 Abu Dhabi Industrial City II – Phase 1 Extension

Abu Dhabi Al Jaber Establishment 135

31 New Residential Area Near Khalifa City

Abu Dhabi Pivot /Al Ghafly 135

32 Warehouse and Office Building in Dubai Investments Park

Dubai Amana Steel Building 30

33 Mixed-Development at the Mohammed Bin Zayed City on Abu Dhabi - Al Ain Road

Abu Dhabi Al Faraa General Contracting

na

34 10 Residential Bldgs. in Mohammed Bin Zayed City

Abu Dhabi Seidco na

35 6 Residential Bldgs. in Mohammed Bin Zayed City

Abu Dhabi Seidco na

36 Al Falah Tower in Al Falah Street, Abu Dhabi

Abu Dhabi Al Faraa General Contracting

14

37 Ritz Plaza in International City

Dubai Engineering Contracting Co.

na

38 6-Storey Building in Al Barsha

Dubai Pivot Engineering & Contracting Co.

17

39 Good Impex Tower in Jumeirah Lake Towers

Dubai Test Contracting na

40 Al Zahra Hospital in Al Barsha

Dubai Best Contracting na

41 Bonnington Tower in Jumeirah Lake Towers

Dubai Dubai Contracting Company

64

42 30 Storey Building in Al Majaz

Sharjah Sharjah Tower General Contracting

na

43 5 Star Hotel in Jumeirah Beach Residence

Dubai Al Ahmadiah Contracting

na

44 D.E.C Towers in Dubai Marina

Dubai Strabag 82

45 Abbco Tower in Al Nahda, Sharjah

Ali Moosa & Sons Contracting

na

46 Sulafa Tower in Dubai Marina

Dubai Tepe Akfen Ventures 100

47 Residential Building in Al Rigga

Dubai Union Contracting na

48 Mixed Use Building on Al Wahda Road

Sharjah Al Zamalek General Contracting

na

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49 Building for the India Social and Cultural Center

Abu Dhabi Arabian Contracting Achievement

8

50 Fujairah IWPP Fujairah Sembcorp 1,362 51 Taweelah Power Station-

Sweihan OHTL Abu Dhabi Larsen & Toubro 32

52 New Power Plant for Jebel Ali Smelter

Dubai Alstom 240

53 Marina at Misnoah Island Abu Dhabi Ghantoot Contracting na 54 New Garhoud Bridge Dubai Belhasa Six Construct 113 55 Dubai Bypass Widening

Project Dubai Al Naboodah

Contracting na

56 New Cement Factory in Fujairah

Fujairah Sinoma International 477

57 Dubai Investments Park – Phase 5 Infrastructure

Dubai Khansaheb Civil Engineering

na

58 Golf Towers - Phase 3 in Emirates Hills

Dubai CSHK Dubai Contracting

127

59 Dubai World Trade Center Complex – Pack 1

Dubai Khansaheb Civil Engineering

38

60 544 Villas in Al Warqah, Dubai

Dubai Arabtec 157

61 Burj Views Project Dubai Saudi Binladin na 62 Luxury Hotel in Jumeirah

Beach Residence Dubai Al Habtoor Engineering 41

63 Al Noor Hospital in Airport Road

Abu Dhabi Dhafir Development/ Bin Harmel Contracting

33

64 Supreme Residency II in Dubai Marina

Dubai Metropol Gulf na

65 Bayside Residence in Dubai Marina

Dubai United Engineering Construction

na

66 21 Storey Building in Khalidiya, Abu Dhabi

Dhafir Development 65

67 Le Solarium at Dubai Silicon Oasis

Dubai Sun Engineering 41

68 Dubai Marina Mall Dubai Al Jaber Grinaker LTA 387 69 Madison Tower at Tecom Dubai Emirates MAN na 70 Citadel Tower at Business

Bay Dubai Al Shafar General

Contracting 35

71 New Office Building in Airport Road, Abu Dhabi

Abu Dhabi Al Ghafly na

72 Al Jazeera Sports Club in Al Wathba

Abu Dhabi Asqalan Construction 4

73 Al Jazeera Sports Club in Al Bahia

Abu Dhabi Asqalan Construction 4

74 8 & Global in Al Barsha Dubai Sunjin C & A 8 75 Jumeirah Business Center

3 & 4 in Jumeirah Lake Towers

Dubai Al Ahmadiah Contracting

134

76 Lake Side Residence at Jumeirah Lake Towers

Dubai Al Liwan Contracting 63

77 33/11kV Substation Building in Fujairah

Techton Engineering na

78 400-kV GIS Substation at Qidfa

Fujairah Toshiba 82

79 132kV Substations at the City of Arabia, Dubailand

Dubai Siemens na

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80 Dubai - Fujairah Road Dubai Al Muhairy/ National Wheel

222

81 The Villa Project-Infrastructure Package

Dubai Wade Adams 30

82 Improvement of 4 Junctions in Deira

Dubai Emirates Road Contracting

20

83 Extensive Paving Work in Jumeirah 2 Area

Dubai Emirates Road Contracting

20

84 Improvement of Al Qudrah Road

Dubai Wade Adams 18

85 Internal Roads and Infrastructure for Dubai City Project

Dubai Khansaheb Civil Engineering

15

86 Al Emara in Ajman

Ajman Dewan Development na

87 Water Pipeline Between Taweelah & Umm Al Nar

Abu Dhabi Mokhtar Ibrahim 207

88 Fairmont Palm Residence in Jumeirah Palm Island

Dubai Dubai Contracting Company

200

89 Marina Quays at Dubai Marina

Dubai Dubai Civil Engineering 107

90 New Warehouses in RAK Trade Free Zone

Ras Al Khaimah

Construction Technology Contracting

-/-

91 Chamber of Commerce & Industry Building in Fujairah

Fujairah East Coast Contracting 6

92 Reef Tower on Sheikh Zayed Road

Dubai Emirates Belbadi 35

93 Serviced Apartment Building on Bin Salahudin Road

Dubai Ascon 23

94 Commercial Building on Bin Salahudin Road

Dubai Ascon 12

95 14 Storey Office Building in Tecom

Dubai Bu Haleeba Contracting 22

96 Residential Building in Dubai Silicon Oasis

Dubai Gulf Spring Contracting Co.

33

97 Marine Works at Layyah Power Station

Sharjah China Harbour na

98 Al Sofouh District Road Improvement-Packs 1 & 2

Dubai Wade Adams 57

99 Sewerage Treatment Plant at the Dubai Maritime City

Dubai Turner Construction na

100 Bridge at Wimpy Al Futtaim Interchange

Dubai Wade Adams 16

101 Upgrade and Modification of EGDS

Abu Dhabi CCC / Punj Lloyd 134

102 Al Ain Industrial Park – Infrastructure Contract

Abu Dhabi Al Jaber 34

103 Palazzo Versace Resort in Culture Village

Dubai Arabtec 400

105 Abu Dhabi Airport Runway Package

Abu Dhabi Al Jaber / Odebrecht 275

106 Accomodation Scheme in Al Qouz Area

Dubai Dubai Civil Engineering /Ginco

500

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107 Mixed-Use Development at the DSC, Dubailand

Dubai United Engineering Construction/Intermass

123

108 Emirates Identity Authority Buildings in Northern Emirates

Northern Emirates

Maclean Construction 10

109 Khalidiya Rotana Hotel and Residences in Abu Dhabi Corniche

Abu Dhabi Nurol Group 204

110 Fortune Executive in Jumeirah Lake Towers

Dubai IJM Corporation Berhad 35

111 Lake Shore Tower 1 in Jumeirah Lake Towers

Dubai Pivot Engineering & Contracting Co.

na

112 Nikko Tower Hotel on Sheikh Zayed Road

Dubai Ghassan Ahmed Al Khalid/Kele Construction

123

113 Ajman Medical Clinic Ajman Nile Building Contracting

na

114 Hotel Tower in Business Bay

Dubai Al Habtoor Engineering 54

115 Dunes Residence in Dubai Sports City

Dubai Shinsung Corporation 100

116 Expansion of Station H in Al Aweer- Phase III

Dubai Siemens 465

117 City of Arabia in Dubailand - Infrastructure Works

Dubai Kier Dubai/Leighton Gulf

64

118 Lagoons Infrastructure Package

Dubai Wade Adams 34

119 Jumeirah Village North (JV1) in Jumeirah - Infrastructure Pack

Dubai Nurol 83

120 Al Raha Gardens 1 - Pack 2 in Al Raha Beach

Abu Dhabi Al Jaber na

121 Dubai Lagoon Project in Emirates Road

Dubai Gulf Stream Contracting / UNIMA

817

122 Mirdiff Gate in Mirdif, Dubai

Dubai China State Construction & Engineering

327

123 Aviation Residential Complex in Khalifa City

Abu Dhabi Emirates Building na

124 Ruwais Housing Complex - Phase 3

Abu Dhabi Pivot Engineering & Contracting Co.

61

125 Building for Charitable Foundation in Airport Road

Abu Dhabi Ali & Sons Contracting 10

126 B2B Tower in Business Bay

Dubai Al Rostamani-Pegel na

127 Mixed Use Complex at Dubai International Financial Centre

Dubai Peremba Construction 109

128 Churchill Executive Towers at Business Bay

Dubai Dubai Oger 187

129 Julphar Towers in Ras Al Khaimah

Ras Al Khaimah

Al Hamad Contracting 116

130 4-Storey Building in Defence Street, Abu Dhabi

Abu Dhabi National Transport & Contracting Co.

na

131 Sharjah Tower in Al Khan Lagoon

Sharjah Sun Engineering 61

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132 Residential Tower on Sheikh Zayed Road

Dubai Al Shafar General Contracting

95

133 Commercial Building in Tourist Club Area, Abu Dhabi

Seidco 16

134 Omnix South & Omnix North Towers at the Dubai Pearl

Dubai Dubai Contracting Company

136

135 Two 60-Storey Towers on Sheikh Zayed Road

Dubai Arabtec 220

136 Chamber of Commerce Building in Dubai

Dubai Emirates Contracting Co.

na

137 Mixed-Use Building in Al Nahda 1

Sharjah Al Oroba Contracting 31

138 Quay Wall at Fujairah Port Fujairah Athena Construction na 139 Sewerage Network For

Dubai Dubai Arabtec 18

140 Upgrade of Arabian Ranches Roundabout

Dubai Taisei Corporation 112

141 Qatar Consulate and Consul Residence

Dubai Golden Wing Contracting

na

142 Liberty House in Dubai International Financial Centre

Dubai Ascon 82

143 The Crescent in International Media Production Zone

Dubai Intermass Engineering & Contracting

67

144 Park Island in Dubai Marina

Dubai Dubai Civil Engineering 177

145 3 Luxury Villas in Abu Dhabi

Abu Dhabi Five Star Contracting na

146 Lamcy Mall in Mirdif, Dubai Dubai Al Naboodah Contracting

na

147 Tiara Residence and Anantara Resort in Jumeirah Palm Island

Dubai Arabtec 572

148 Rufi Twin Towers at Dubai Sports City

Dubai Al Hudaiba Contracting 110

149 Latifa Tower on Sheikh Zayed Road

Dubai Al Rostamani-Pegel 136

150 Two 45-Storey Towers on Marina Square in Reem Island

Abu Dhabi Covec 117

151 El Matador Tower in Jumeirah Village

Dubai Al Rostamani-Pegel 54

152 Dubai - Fujairah Road - Contract 1

Dubai National Wheel J & P 86

153 Sharjah STP Expansion - Phase 7

Sharjah Six Construct/Sanotec 86

154 Interchange 5.5

Dubai Dutco Balfour Beatty 153

155 Jumeirah Village ( South) (JV3) – Infrastructure Contract

Dubai Dodsal 177

156 Cultural Village Infrastructure

Dubai Belhasa Six Construct 82

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UAE Construction Industry in 2006 Compiled in March 2007

157 Filtration Systems Upgrade of 3 LNG Trains

Abu Dhabi VECO 15

158 Salt Factory in Abu Dhabi Abu Dhabi Amana Steel Building 22 159 District Cooling Plant

Complex at Jumeirah Palm Island - Trunk

Dubai Shinryo Corporation 52

160 Al Wahda City 1 in Muroor Road, Abu Dhabi

Abu Dhabi Civilco 204

161 Marina Residences on Jumeirah Palm Island

Dubai Shimizu Corporation 544

162 Ozone Centre in Mussafah Road, Abu Dhabi

Abu Dhabi National Projects & Construction

27

163 Alareifi Marina Tower in Dubai Marina

Dubai Buset Contracting 68

164 Swiss Tower at Jumeirah Lake Towers

Dubai IJM Corporation Berhad 68

165 Holiday Inn Express at the Knowledge Village

Dubai General Construction Company

19

166 Expansion of Onshore Bunkering & Oil Products Terminal in Fujairah

Fujairah Cylingas na

167 International City - Phase 3 - Infrastructure

Dubai GMT Consortium 70

168 Development of Khalifa Street in Ajman

Ajman Darwish Engineering Emirates

Na

169 OAG Network-Pack 3 - Ras Al Qila to Habshan Pipeline

Abu Dhabi CCC/NPCC 400

170 Solid Waste Management Plant in Abu Dhabi

Abu Dhabi EUCH/Aqua Q 272

171 Abu Dhabi Airport Expansion - Etihad Passenger Terminal

Abu Dhabi Al Habtoor-Murray & Roberts

918

172 Residential Development on Marina Square-Zone A

Abu Dhabi National Projects & Construction

na

173 Residential Development on Marina Square-Zone C

Abu Dhabi IJM Corporation Berhad 545

174 940 Villas in Mohammed Bin Rashid Housing

Dubai Arabtec 307

175 Gateway Towers in Jumeirah

Dubai Taisei Corporation na

176 Baker Hughes Center in Techno Park

Dubai Khansaheb Civil Engineering

35

177 Etihad Towers in Abu Dhabi

Abu Dhabi Arabian Construction Company

408

178 324 Villas in Arabian Ranches

Dubai Arabtec 105

179 Jumeirah Wave Business Towers in Jumeirah Village

Dubai Ali Moosa & Sons Contracting

272

180 Orra Marina in Dubai Marina

Dubai Shinsung Corporation na

181 Ministry of Health Building in Al Muhaisna, Dubai

Dubai United Engineering Construction

12

182 Princess Tower in Dubai Marina

Dubai Arabian Construction Company

188

183 Casa Del Mar in Dubai Marina

Dubai Al Basti & Muktha na

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UAE Construction Industry in 2006 Compiled in March 2007

184 Executive Heights at Tecom

Dubai Target Engineering 46

185 One Business Bay Project Dubai Emirates Belbadi 138 185 7-Storey Residential

Building in Muthina, Dubai Dubai Ascon na

186 Sheikh Zayed Centre (Air Navigations Services)

Abu Dhabi Athena Construction 27

187 Cargo Terminal Building at Jebel Ali Airport City

Dubai Arabtec / Max Boegl 74

188 Residential Building in Al Barsha

Dubai Bu Haleeba Contracting 41

189 Al Habtoor Marina Tower in Dubai Marina

Dubai Al Habtoor Engineering na

190 New Oasis Shopping Center in Dubai

Dubai Al Basti & Muktha 87

191 132kV Cable Laying Works

Dubai ETA/Centaur na

192 Lagoons Quay Wall Package

Dubai Dutco Balfour Beatty 41

193 Seawall works on Al Raha Beach

Abu Dhabi NSCC/Bachy Solbntanche

na

194 University Town in Al Ain - Infrastructure

Abu Dhabi Al Salmeen 17

195 Jumeirah’s Mina Area Beautification

Dubai Al Muhairy General Contracting

25

196 Al Sofouh District Road Improvement – Pack 4 & 5

Dubai Wade Adams 60

197 Gas Pipeline From Habshan to Bu Hasa

Abu Dhabi CCC/NPCC 40

198 Jumeirah Golf Estates Dubai Khansaheb Civil Engineering

37

199 Uptown MotorCity, Dubailand

Dubai Al Futtaim Carillion 376

200 Auto Mall in Dubai Motor City, Dubailand

Dubai Nasa Multiplex 256

201 Dubai Lagoon Project in Emirates Road

Dubai Gulf Stream Contracting/Unima

817

202 910 Villas in Victory Heights, Dubailand

Dubai Frayland LLC/Wiemer & Trachte

na

203 Bay Central in Dubai Marina

Dubai Al Hamad Contracting na

204 Transworld FZE Warehouse Extension

Dubai Amana Steel Building na

205 Al Durrah Tower in Sheikh Zayed Road

Dubai Dubai Contracting Company

157

206 Tiffany Tower in Jumeirah Lake Towers

Dubai Al Rostamani-Pegel na

207 Bay Gate in Business Bay Dubai Al Nekhreh Contracting 164 208 Vision Tower in Business

Bay Dubai Al Shafar General

Contracting 109

210 New Island in Dubai Dubai Jan de Nul 136 211 Internal Roads in

Muhaisnah and Mizhar Dubai Al Muhairy General

Contracting 47

212 Floating Bridge in Dubai Dubai Waagner Biro Gulf 42 213 Cleveland Bridge New

Factory in Jebel Ali Dubai FNC 27

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Page 19: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

214 Al Ghurair Steel Complex in ICAD, Mussafah

Abu Dhabi Al Hussam 82

215 District Cooling Plant in Dubai Healthcare City

Dubai Transgulf 60

216 Borouge Complex Expansion - Phase 3: Ethane Cracker

Abu Dhabi Linde 1,100

217 30-Km Gas Pipeline in Sharjah

Sharjah Dutco McConnell Dowell

183

218 Upgrade of Dubal's Smelter Complex

Dubai ABB Industries 39

219 42 Villas in the Lime Tree Project

Dubai Frayland LLC/Wiemer & Trachte

47

220 Cedars Int'l Hospital Expansion in Jebel Ali

Dubai Al Shate na

221 Khalifa Hospital Expansion in Ajman

Ajman Arab Contractors 11

222 Green MotorCity in Green Community

Dubai El Seif Engineering na

223 Infinity Tower at the Dubai Marina

Dubai Arabtec 191

224 Police Station in Masafi, Fujairah

Fujairah Al Tawakul Contracting na

225 9-Storey Commercial Building in Oud Metha

Dubai Belhasa 102

226 The Dunes in Dubai Silicon Oasis

Dubai Larsen & Toubro 35

227 Civil Defence Building in Ras Al Khaimah

Ras Al Khaimah

Al Rayyan Contracting na

228 Police Station in Fujairah Al Rayyan Contracting na 229 Symphony Tower III Dubai Sunjin C & A na 230 15-Storey Mixed-Use

Building in Dubai Dubai Khansaheb Civil

Engineering na

231 The Apricot at the Dubai Silicon Oasis

Dubai Larsen & Toubro 62

232 Replacement of 220kV OHL with 220kV Underground Cables

Abu Dhabi ETA Ascon 88

233 Saadiyat Island Crossing Bridge

Abu Dhabi Ed Zueblin/Saif Bin Darwish

164

234 University Town in Al Ain Abu Dhabi Saudi Oger 400 235 Reef Villas in Abu Dhabi Abu Dhabi Fibrex 409 236 Al Aryam Tower in Abu

Dhabi Abu Dhabi Commodore

Contracting 109

237 O14 Tower in Business Bay

Dubai Dubai Contracting Company

82

238 400/132kV Substation at Gardens, Dubai

Dubai Mitsubishi Electric Corp./NCC/Jyothi Structures Ltd.

na

239 Three 132/11kV Substations in Dubai Sports City

Dubai Siemens/Electrowatt Ekono Ltd.

52

240 Extension of Taweelah A1 IWPP (A10)

Abu Dhabi Doosan Heavy Industries

185

241 Saadiyat Island - Dredging Package

Abu Dhabi Jan de Nul na

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Page 20: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

242 Wasit Road Interchanges Sharjah National Contracting & Transportation Company (NCTC)

54

243 Infrastructure Works on Tijara Town in Dubailand

Dubai Wade Adams na

244 Jumeirah Al Khor Hotel at Dubai Healthcare City

Dubai Al Basti & Muktha

234

245 IT Plaza at Dubai Silicon Oasis

Dubai Sobha Contracting 33

246 Dubai Bypass Widening Project

Dubai Al Naboodah Contracting/Yuksel

na

247 King Abdul Aziz Road Development in Sharjah

Sharjah Sharjah Generat Contracting / NCTC

114

248 Jebel Ali Free Zone - Infrastructure Package

Dubai Ghantoot Contracting 38

249 Upgrade of Al Wahda Road - Phase 5

Sharjah Sharjah General Contracting

87

250 Rebuilding of Bridge No.1 on Sheikh Zayed Road

Dubai Salini Costruttori

168

251 Ras Al Khor Crossing - Pack 6

Dubai Salini Costruttori

na

252 3-Lane Dual Carraigeway in Al Raha Gardens

Abu Dhabi Abu Dhabi General Transport Co.

19

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Page 21: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

4. TOP CONTRACTORS IN 2006 The contractors who top the chart in the year 2006 are listed below. Please note the contractors are listed in the alphabetic order and not according to the value of projects awarded to them. No. Company Name 1 Al Ahmadiah Contracting 2 Al Basti & Muktha 3 Al Futtaim Carillion 4 Al Habtoor Engineering 5 Al Hamad Contracting Company (DCE) 6 Al Jaber Establishment 7 Al Jaber Grinaker LTA 8 Al Naboodah Contracting 9 Al Rostamani – Pegel 10 Al Shafar General Contracting 11 Alstom 12 Arabian Construction Company 13 Arabtec Construction 14 Ascon 15 China State Construction & Engineering 16 Civilco 17 Consolidated Contractors International Company (CCC) 18 CSHK Dubai Contracting 19 Danieli & Co. 20 Dodsal 21 Doosan Heavy Industries 22 Dubai Contracting Company 23 Dutco Balfour Beatty 24 Dutco McConnell Dowell 25 Emirates Belbadi 26 Frayland LLC/Wiemer & Trachte 27 Gulf Stream Contracting/Unima 28 IJM Corporation Berhad 29 Jan de Nul 30 Khansaheb Civil Engineering 31 Larsen & Toubro 32 Linde 33 Nasa Multiplex 34 Nurol Group 35 Pivot Engineering & Contracting Co. 36 Salini Costruttori 37 Saudi Oger 38 Shimizu Corporation 39 Six Construct 40 Sunjin C & A 41 Taisei Corporation 42 United Engineering Construction 43 Wade Adams

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Page 22: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

5. TOP CONSULTANTS IN 2006 The consultants who top the chart in the year 2006 are listed below. Please note the consultants are listed in the alphabetic order and not according to the value of projects awarded to them. No. Company Name 1 Adnan Saffarini 2 Aedas 3 Arc International Engineering Consultants 4 Arch Group 5 Arif & Bintoak 6 Cansult 7 Cox Group 8 Dar Al Handasah 9 Dar Consult 10 Dewan Al Emara 11 Dewan Architects & Engineers 12 Dimensions Engineering 13 Foster & Partners 14 Gensler 15 Halcrow International 16 KEO International 17 Khatib & Alami 18 Kling Consult 19 National Engineering Bureau 20 Norr Group 21 Office for Metropolitan Architecture 22 P & T Architects 23 Parsons De Leuw Cather 24 R.W. Armstrong & Associates 25 RMJM 26 Surbana International Consultants 27 W. S. Atkins 28 Wimberly Allison Tong & Goo (WAT&G) 29 Woods Bagot 30 Zaha Hadid

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Page 23: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

6. TOP DEVELOPERS IN 2006 The developers who top the chart in the year 2006 are listed below. Please note the developers are listed in the alphabetic order and not according to the value of projects announced by them. No. Company Name 1 Abu Dhabi National Exhibition Centre (ADNEC) 2 Abu Dhabi Towers 3 Abyaar Real Estate 4 Al Aqariya Media 5 Al Habtoor Group 6 Al Manal Development 7 Al Mazaya Real Estate 8 Al Murjan Real Estate 9 Al Nahda Real Estate 10 Al Qudra Real Estate 11 Al Shurfa Real Estate 12 Aldar Properties 13 Aqaar 14 Capital Investment 15 Damac Properties 16 Deyaar 17 Dheeraj and East Coast LLC 18 Dubai Aerospace Enterprise 19 Dubai International Real Estate Company (DIREC) 20 Dubai Properties 21 Dubai World Trade Centre 22 Emirates German Group 23 ETA Star Properties 24 Eye of Dubai Investment Co. (EDIC) 25 First Gulf Bank 26 Fortune Investment Group 27 Galadari Investments 28 Global Entertainment 29 High Rise Real Estate 30 Hydra Real Estate 31 International Financial Advisors (IFA) 32 Ishraqh/Ta’sees/Makaseb 33 Istithmar 34 Jebel Ali Free Zone Authority 35 Khoie Properties 36 Khor Abu Dhabi Property Development 37 Limitless

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Page 24: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

38 Manazel Real Estate 39 Mizin 40 Nakheel Corporation 41 Pearl Properties 42 Perseus Property 43 Plantation Holdings 44 R Holdings 45 RAK Properties 46 Rakeen Development 47 Reem Investments 48 Sama Dubai 49 SG Holdings 50 Sheffield Real Estate 51 SNASCO 52 Sorouh Real Estate 53 Space Adventures 54 Tamouh Investments 55 Tatweer 56 Tourism Development and Investment Co. (TDIC) 57 Zabeel Investments

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Page 25: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

7. CONTRACTOR AWARDS IN 2006 The following chart represents the sector wise break-up of construction contract awards in UAE during the year 2006.

0

5,000

10,000

15,000

20,000

25,000

30,000

Value in US$ Million

Oil & GasPipelineIndustrialBuildingsPower & WaterMarineInfrastructure

Industry Value in US$ Million Oil & Gas 3,168 Pipeline 831 Industrial 3,442 Buildings 29,135 Power & Water 2,975 Marine 981 Infrastructure 3,597

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Page 26: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

8. EXPECTED CONTRACTOR AWARDS IN 2007

The following chart represents the sector wise break-up of expected construction contract awards in UAE during the year 2007.

0

10,000

20,000

30,000

40,000

50,000

60,000

Value in US$ Million

Oil & GasPipelineIndustrialBuildingsPower & WaterMarineInfrastructure

Industry Value in US$ Million Oil & Gas 4,925 Pipeline 1,608 Industrial 4,156 Buildings 51,118 Power & Water 7,377 Marine 2,129 Infrastructure 3,857

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Page 27: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

9. MAJOR PROJECTS ANNOUNCED IN 2006 A host of new projects were announced in the year 2006. The major projects announced during the year 2006 are listed below. Please note that these are only the major projects and not the complete list. No. Project Title Client Value in

US$ Million

1 Production Facilities at Nasr Oilfield

Adma - Opco 2,000

2 Development of Qusahwira & Bida Al-Qemzan Fields

ADCO 1,500

3 Umm Al Lulu Oil Field Development

Zadco 1,500

4 Onshore and offshore Sour Gas Development

ADNOC 10,000

5 Expansion of Ruwais Refinery Takreer 3,500 6 LNG Storage Hub in Techno Park,

Dubai DMCC, Techno Park, LNG Impel 1,000

7 Borouge Complex Expansion - Phase 3: PDH & Phenolics Complex

AUH Polymers Co.

Na 8 Asab Gas Development (AGD)

Modifications Gasco

Na 9 Water Pipeline Between Taweelah

& Umm Al Nar ADWEA

207 10 NGL Pipeline from Asab to Ruwais Gasco Na 11 Upper Zakum - Fujairah Oil

Pipeline IPIC/Conoco Phillips

Na 12 Taweelah-Qidfa Gas Pipeline Dolphin Energy Ltd. Na 13

Steel Plant in Mussafah-Phase 2 General Holding Corporation (GHC) 545

14 Aluminium Smelter in Taweelah Dubal/Mubadala 5,995 15 Rio Tinto Aluminium Plant in Abu

Dhabi GHC/Comalco

2,188 16 Cement Plant in Hamriyah Free

Zone Al Ruya Industries

408 17 PTA & PET Complex in Abu Dhabi

IPIC/CPC

1,000 18 Bee'ah Recycling Plant in Sajaa

Industrial Area Sharjah Municipality

500 19 Dubai Lifestyle City in Dubailand ETA Star Properties 272 20 Ras Al Khaimah Iceberg Project Global Entertainment 300 21 Canal Point at Jumeirah Lake

Towers Istithmar

681 22 Al Wasl City Tower Complex in Al

Wasl, Dubai Eye of Dubai Investment Co. 327

23 Commercial Spaceport in Ras Al Khaimah

RAK DCA/ Space Adventures 266

24 Dubai Auto Zone in Jebel Ali Free Zone

Jebel Ali Free Zone Authority 545

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Page 28: UAE Construction Industry 2006

UAE Construction Industry in 2006 Compiled in March 2007

25 Fujairah Paradise Golden Riyadh Est. / Escan 800

26 Aviation Hub in Jebel Ali Airport City

Dubai Aerospace Enterprise 14,986

27 Building Material City in Abu Dhabi

Manazel Real Estate 1,100

28 Crown City in Dubai Investments Park

Al Manal Development 816

29 Mudun in Dubailand Dubai Properties Na 30 Danet Abu Dhabi Al Qudra Real Estate 9,260 31 Bawadi in Dubailand Tatweer 27,248 32 Redevelopment of Al Jadaf Dubai Properties Na 33 Culture Village in Garhoud Area Dubai Properties 13,624 34 White Bay in Umm Al Quwain Al Murjan Real Estate 2,180 35 Addax Port in Reem Island Abu Dhabi Towers/First

Gulf Bank 1,770 36 Western City in Dubailand SG Holdings 625 37 Emirates City in Ajman R Holdings 4,087 38 Sharjah Investment Park (SIP) SNASCO 545 39 Marina Residences on Jumeirah

Palm Island Nakheel Corporation

544 40 Guggenheim Abu Dhabi on

Saadiyat Island Tourism Development & Investment Co. Na

41 Dubai Healthcare City (DHCC) 2 Tatweer 1,800 42 Marina Square on Reem Island Tamouh Investments 1,670 43 Etihad Towers in Abu Dhabi H.H. Shk. Suroor Al

Nahyan 681 44 La Hoya Bay Residences on

Marjan Island in RAK Khoie Properties

800 45 Dolphin City Project in Abu Dhabi Emirates German Group 1,700 46 Jumeirah Park Villa Community Nakheel Corporation 1,635 47 Emirates Flag Towers in RAK High Rise Real Estate 1,907 48 Yas Development in Al Habl Al

Abbyad Island Aldar Properties

40,000 49 Capital Center in Abu Dhabi ADNEC 2,170 50 Mixed-use Project at Liwan Al Mazaya Real Estate 681 51 5,000 Residential Units in Al

Shamkha Sorouh Real Estate

Na 52 Majan Mixed-Use Development in

Dubailand Mizin

4,000 53 Arjan Mixed-Use Development in

Dubailand Mizin

899 54 Downtown Project in Jebel Ali Limitless 19,073 55 Sahara City in Sharjah Al Nahda Real Estate 1,090 56 The Palisades in Dubai

Investments Park Pearl Properties

5,450 57 The Plaza Mayor at the Jumeirah

Village Isharaqh/Ta'sees/Makaseb

817 58 Dubai Towers at the Lagoons

Project Sama Dubai

1,800 59 Acacia Avenues in Jumeirah Beach Abyaar Real Estate 550 60 Residential Development in Mina

Al Arab Project RAK Properties

817 61 Saraya Abu Dhabi Project

Sorouh Real Estate

954

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62 The Kingdom of Sheba Resort on Jumeirah Palm

International Financial Advisors 1,000

63 Rawadat Abu Dhabi Reem Investments 1,498 64 Dubai Exhibition City in the Dubai

World Center Complex Dubai World Trade Centre

2,600 65 RAK Offshore Project in Ras Al

Khaimah Rakeen Development

800 66 Al Tijara Town in Dubailand Dubai Properties 1,635 67 Ajman 1 Development in Ajman Aqaar 763 68 Al Zohra in Ajman Aqaar 681 69 Jewel of the Creek in Port Saeed Dubai International Real

Estate Co. 817 70 Burj Al Alam in Business Bay Fortune Investment Group 1,090 71 Marina 101 in Dubai Marina Sheffield Real Estate 381 72 Tiara United Towers on Sheikh

Zayed Road Zabeel Investments

477 73 100-storey Business Bay Tower Al Habtoor Group 545 74 2,500 MW Co-generation Plant- P

Station in Hassyan DEWA Na

75 Power and Desalination Plant in Lehbab

DEWA Na

76 Desalination Plant in Umm Al Quwain

Imdad 545

77 Fujairah 2 (F2) IWPP ADWEA 10,900 78 Khalifa Port and Industrial Zone in

Abu Dhabi Mubadala/ Abu Dhabi Port Co./HCSEZ

2,180

79 Bulk Handling Port in ICAD 3 Zonescorp 680 80 New Island in Dubai Nakheel Corporation 136 81 Al Shindagha Bridge Dubai Road Transport

Authority 191 82 2 Parallel Roads to Sheikh Zayed

Road Dubai Road Transport Authority 163

83 Sharjah - Fujairah Road Ministry of Public Works 245 84 Interchange 5.5 Dubai Road Transport

Authority 153 85 Bonded Highway in Dubai Dubai Road Transport

Authority Na

86 Saadiyat Highway AD Municipality/TDIC Na 87 Culture Village Monorail System Dubai Properties Na 88 Sewage Treatment Plant at JAFZA Jafza/Palm Water Na 89 Waste Water Plant at JAFZA Jafza/Palm Water Na

END REPORT

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