Issue : Mar 2008 Online Content
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Abu Dhabi plans private highwaySubscription
Abu Dhabi is considering plans to use a private-public-partnership for the modernisation of the 327-kilometre highway linking Mafraq to Ghweifat in the west of the emirate as part of a surface transport masterplan.
China calls for new approach from UAE clientsSubscription
The state-owned China State Construction Engineering Corporation (CSCEC), which has been working in the UAE since 2004, has called for price indexing for local infrastructure contracts and restrictions on importing road building equipment to be relaxed.
Andrew Peters, corporate vice president for safety at engineering and construction firm Parsons, has called for the region to introduce tougher safety standards for construction projects.
The UAE is to sign a number of accords with China as the two countries look to strengthen political and economic ties.
The government of Bahrain has approved a $500m plan to build a 2.5-kilometre underpass for the King Faisal Highway from the Bahrain Financial Harbour to the Sheikh Isa bridge to relieve congestion, according to the project director at Bahrain Northshore, Brett Doughty.
Oman invites international oil companiesSubscription
Oman will invite international oil companies (IOCs) to develop five oil blocks in the country on a production-sharing basis, the country’s Oil Minister Mohammed bin Hamed bin Seif al-Rumhy was reported as saying by Reuters news agency.
Rabat invests $2bn in low-cost housingSubscription
The Moroccan government has committed more than $2bn over the next four years on the construction of affordable homes, according to the kingdom’s official news agency, Maghreb Arabe Presse .
Dana Gas to spend $170m on exploration in Egypt Subscription
The UAE’s Dana Gas will spend $170m in 2008 on an oil and gas exploration and development campaign in Egypt that could double the company’s reserves in the country.
Veolia opens Abu Dhabi officeSubscription
France's Veolia Water is to expand its presence in the Middle East with the opening of its first regional branch in Abu Dhabi.
Drought slows Moroccan economySubscription
A sharp decline in revenues from the agricultural sector resulted in Morocco’s economic growth falling to 2.1 per cent for the fourth quarter of 2007, from 8.1 per cent for the same period in 2006, according to the High Planning Commission.