Regional News


January 2015

Posco to build plant at Sur complex

POSCO Engineering & Construction (Posco E&C), a unit of South Korean steelmaker Posco, has  won a $400-million contract from Oman-based Sun Metals to build a steelmaking and rolling mill plant at Sur industrial complex in the north east of the sultanate.

The plant will have a capacity to manufacture 2.5 million tonnes of billet, steel bar and special steel, according to Posco E&C.

Work will soon start on the project and is likely to be completed by the middle of 2016, it added.


Bahrain to develop nine beaches

AN AMBITIOUS project to create nine public beaches on Bahrain’s west coast is under way.

The government plans to buy private land along the shore over the next five years for the project, Municipalities and Urban Planning Affairs Minister Dr Juma Al Ka’abi said.

He said the purchases would cost an estimated BD20 million ($52.3 million) in total.

Nine locations chosen include three in Demistan, two in Malkiya, two in Karzakan and one each in Saddad and Hamala.

“Our plan is to have public beaches for each village on the western coast and a jetty for fishermen and maritime sports,” Al Ka’abi said.


Airport City project bids on way

TENDERS for the construction of Qatar’s Airport City project will be announced after the end of 2016, according to a report.

The multi-billion-riyal project, spread over an area of about 10 sq km, will feature four circular zones comprising a business district, aviation campus, logistics district and residential district, The Peninsula reported. It will be connected by a ‘green spine’ parallel to the second runway of Hamad International Airport, it said.


Jotun opens 2,000th store in region

JOTUN, the region’s leading paint manufacturer, has announced the opening of its 2000th Multicolour Centre in the Middle East, India and Africa (MEIA) market, in the Obhur district just north of Jeddah, Saudi Arabia.

It now plans to open an additional 350 stores in the region within the next two years.

Peder Bohlin, vice-president of Jotun in the MEIA, said: “With the opening of our 2,000th store, we not only enhance our distribution channels, but also become much more accessible to the existing and potential customers.”

The Jotun Multicolor Centre has more than 7,000 technologically advanced machines operating in 83 countries. All of its 2,000 stores feature the different collections that the paint manufacturer has to offer including Fenomastic interior colour collection, Jotashield exterior paints, as well as the Lady Design collection.


Cash boost for Doha reservoirs

THE development of transmission pipelines for the Mega Reservoirs project around Doha, Qatar, has received a cash boost with Al Khalij Commercial Bank (al khaliji) extending financing to a joint venture (JV) between Boom Construction Company and CAT.

The project, valued at more than QR900 million ($247 million), was recently awarded by Qatar General Electricity and Water Corporation (Kahramaa) to the JV and is considered as one of the major and significant infrastructure ventures in the state.


Hyundai Rotem wins Ashghal deal

HYUNDAI Rotem, a South Korean leader in steelmaking and environmental facilities, said it has clinched a 350.9-billion-won ($315 million) order from Ashghal, the Public Works Authority of Qatar, to build a sewage treatment plant in Qatar.

As per the contract, the Korean firm will set up a treatment facility in the city of Al Dhakira, northeast of capital Doha, which can treat up to 56,000 tonnes of wastewater per day by 2018, reported the Korea Bizwire.

Hyundai Rotem said it had won the bid for the sewage plant together with Qatari water management company Aqualia-Mace. As per the deal, Hyundai Rotem will be responsible for engineering, procurement and construction (EPC), while Aqualia will take charge of operations, maintenance and repair.


Terex Trucks appoints dealer in Qatar

TEREX Trucks has appointed Rumaillah Motors as its dealer in Qatar following its recent acquisition by Volvo Construction Equipment.

Etienne Lalande, regional sales director for Middle East and North Africa, said: “Rumaillah Motors is a first-class company that has a wealth of experience working with major contractors in Qatar. Their ethos of providing strong customer support and satisfaction fits well with Terex Trucks and we look forward to a fruitful future working together.”

Terex Trucks produces off-highway articulated dumptrucks from 25 tonnes to 38 tonnes payload capacity, and rigid dumptrucks from 41 to 91 tonnes payload capacity. Rumaillah Motors provides material handling, aerial access and construction equipment.


Almoayyed promotes solar masts

BAHRAIN-BASED Almoayyed Trading and Contracting, a division of Almoayyed International Group, and Netherlands-based firm Kaal Masten have signed a memorandum of understanding for promoting solar-based street masts in Bahrain.

The solar-powered street masts in combination with LED (light-emitting diodes) lighting and durable battery systems present an attractive proposition for standalone lighting systems, said the company.

The masts are of the standalone type and do not need electricity, cables and road-cutting.

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