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	<title>Holland Gulf Chamber of Commerce &#187; bouw</title>
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	<link>http://www.hgcoc.com</link>
	<description>Holland Gulf Chamber of Commerce is een organisatie gericht op het stimuleren van handel tussen Nederland en de Golfregio. Wij helpen bedrijven die zaken willen doen in de Golfregio aan de juiste ingangen bij de belangrijkste beslissingsmakers.</description>
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		<title>Kingdom implements mega projects worth SAR288bn</title>
		<link>http://www.hgcoc.com/blog/2013/10/07/kingdom-implements-mega-projects-worth-sar288bn/</link>
		<comments>http://www.hgcoc.com/blog/2013/10/07/kingdom-implements-mega-projects-worth-sar288bn/#comments</comments>
		<pubDate>Mon, 07 Oct 2013 10:24:09 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[Housing projecten]]></category>
		<category><![CDATA[megaproject]]></category>
		<category><![CDATA[openbaar vervoer]]></category>
		<category><![CDATA[saudi arabia]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1464</guid>
		<description><![CDATA[Saudi Arabia is implementing mega infrastructure projects, including roads, bridges and rail projects worth $77 billion (SR288.75 billion), local media said quoting a report. The projects currently implemented to develop roads and bridges in the GCC countries are estimated at $109 billion (SR408.75 billion), the report released by Ventures Middle East said. Saudi Arabia captured [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>Saudi Arabia is implementing mega infrastructure projects, including roads, bridges and rail projects worth $77 billion (SR288.75 billion), local media said quoting a report.<br />
</strong>The projects currently implemented to develop roads and bridges in the GCC countries are estimated at $109 billion (SR408.75 billion), the report released by Ventures Middle East said.<br />
Saudi Arabia captured the five biggest construction projects (contracts) in the Middle East region during August 2013.<br />
The Saudi Electricity Company (SEC) recently awarded a $3.3 billion contract to South Korea&#8217;s Hyundai Heavy Industries to build Shaqiq power plant at the capacity of 2,640 megawatt (MW), located 580 km south of Jeddah, the report added.<br />
Last month, the Ministry of Housing approved eight contracts worth $1 billion (SR375 billion) for the construction of housing projects in a number of cities, including Madinah, Jeddah, Dammam, Qatif, and Kharj, the report said.<br />
Likewise, the Higher Commission for Riyadh Development (HCRD) also signed contracts valued at more than $22 billion for a Riyadh metro project, which is the biggest in the region. Contractors plan to build a 176 km long metro line in a five-year period, it said.<br />
Plans are under way to build new petrochemical projects with their values touching $70 billion. Saudi Arabian Oil Company (Saudi Aramco), Saudi Basic Industries Corporation (SABIC) and Farabi Petrochemical Company (Farabi) will lead investments in these projects, the report said quoting petrochemical sources.<br />
The petrochemical projects will be constructed near the oil refineries to get their required feedstock. They will be located in Jazan, Yanbu and Ras Tanura, the report said.<br />
The Kingdom also recently kicked off major industrial and petrochemical projects in Jubail and Yanbu industrial cities with costs reaching SR327 billion.<br />
The projects are supposed to raise the Kingdom&#8217;s share to global petrochemical market to more than 12 percent and its petrochemical products to nearly 100 million tons annually, the report said.</p>
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		<title>Mohammed bin Rashid launches &#8220;Dubai Water Canal&#8221;</title>
		<link>http://www.hgcoc.com/blog/2013/10/03/mohammed-bin-rashid-launches-dubai-water-canal/</link>
		<comments>http://www.hgcoc.com/blog/2013/10/03/mohammed-bin-rashid-launches-dubai-water-canal/#comments</comments>
		<pubDate>Thu, 03 Oct 2013 08:22:05 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[landmark]]></category>
		<category><![CDATA[projecten]]></category>
		<category><![CDATA[uae]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1451</guid>
		<description><![CDATA[- The New Canal spans three kilometres from the Business Bay to Arabian Gulf &#8211; Six metres in depth and bridges rising 8.5m will ensure free passageway of large boats &#8211; The project includes shopping mall, four hotels and 450 restaurants and expected to attract 20 million visitors annually Dubai, 2 Oct. 2013 (WAM) &#8211; [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>- The New Canal spans three kilometres from the Business Bay to Arabian Gulf &#8211; Six metres in depth and bridges rising 8.5m will ensure free passageway of large boats &#8211; The project includes shopping mall, four hotels and 450 restaurants and expected to attract 20 million visitors annually Dubai, 2 Oct. 2013 (WAM) &#8211; His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has launched today the &#8220;Dubai Water Canal&#8221; project extending in the heart of Dubai with three kilometres in length and 80-120 meters in width.</strong></p>
<p>The Canal stretches from the Business Bay district and crosses the Sheikh Zayed Road (between Safa and 1st Interchanges) and passes across the Safa Park, Al Wasl Road, Jumeirah 2, and Jumeirah Road to terminate at the Arabian Gulf. The construction of the infrastructure (construction of bridges and drilling of the canal course) amounts to about two billion dirham, and all construction works are set to be completed by 2017.</p>
<p>Sheikh Mohammed was briefed on the details of this unique urban tourist-cum- commercial project; which offers a new lifestyle in the heart of Dubai city. The ¨Dubai Water Canal¨ will add about six kilometres to the Dubai water front and the project provides an area spanning more than 80 thousand square meters designated as public realms containing vital facilities as well as convenient and excellent means to meet the needs of all community segments.</p>
<p><span style="font-size: 13px; line-height: 19px;">The Project encompasses new shopping and entertainment centres linked through a uniquely designed bridge and the project will add more than 450 new restaurants along with a wide array of luxurious marinas for yachts, and 4 world-class hotels. At the entrance of the Project from Sheikh Zayed Road, an iconic Trade Centre will be constructed comprising 4 levels, including one underground level and three elevated levels linking the Business Bay with the project zone in a total area of more than 50 thousand square metres.</span></p>
<p>The development of the waterfront will allow for the construction of deluxe residences and private marinas for boats along with pedestrian pathways, cycling tracks, together with fine business outlets, hotels and deluxe restaurants. The project will boost the position of the Jumeirah area as a premier and distinctive destination in Dubai. The project is expected to attract 20 to 22 million visitors per annum.</p>
<p>The ¨Dubai Water Canal¨ will have a depth of six meters and bridges above it will rise more than eight meters, offering free navigation for deluxe yachts extending up to 200 feet. The canal will contribute to renewing the water of the entire Business Bay Canal automatically without any need for hydraulic pumps. An extra flushing capacity will be added to the Dubai Creek when the Canal is connected to Business Bay, by approximately 250 million cubic meter per year.</p>
<p>The total tidal water exchange through the Canal is estimated to be around 800 million Cubic metre per year, and the Canal is anticipated to have a cooling effect, benchmarking to a similar Project &#8220;Cheong Gye Cheon&#8221; manmade canal in Seoul, where the recorded thermal reduction reached -3.6 C.</p>
<p>Explaining the project features, Al Tayer said: &#8220;Works in the project have been split into three contracts; the first and second relate to the construction of crossings over the Canal linking with the key roads intercepting the Canal course; which are Sheikh Zayed Road spanning eight lanes in each direction, and three lanes on each side of Al Wasl Road and Jumeirah Road. These crossings are constructed 8.5 meters above the water level, thus allowing for a free navigation in the canal 24 hours a day. The third contract encompasses the drilling and landscaping works as well as the construction of four pedestrian crossings. Four marine stations will be constructed to ease the mobility of the public and promote the public and tourist transport. The marine transit modes are expected to ferry more than six million passengers per annum, according to the marine transport plan in Dubai.</p>
<p>&#8220;The RTA will carry out a number of improvements in main roads network intercepting the course of the Canal, besides making some improvements at the surrounding areas such as Jumeirah and Safa; including the construction of service roads at the two banks of the Canal in the surrounding areas such as Jumeirah and Safa to ease the transiting between these areas. As for pedestrians, a free and safe navigation will be provided through the construction of four pedestrian crossings above the Canal including one bridge that contains convenient stores in addition to other tracks designated for practicing light sports such jogging and cycling across the two banks of the Canal. It also covers landscaping works on both sides of the Canal such as greens, benches, relaxation areas and a host of diverse tourist projects and facilities,&#8221; added Al Tayer.</p>
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		<title>SBG to build Damac luxury housing project in Riyadh</title>
		<link>http://www.hgcoc.com/blog/2013/09/17/sbg-to-build-damac-luxury-housing-project-in-riyadh/</link>
		<comments>http://www.hgcoc.com/blog/2013/09/17/sbg-to-build-damac-luxury-housing-project-in-riyadh/#comments</comments>
		<pubDate>Tue, 17 Sep 2013 07:53:35 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[Housing projecten]]></category>
		<category><![CDATA[Riyadh]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1423</guid>
		<description><![CDATA[JEDDAH &#8211; Dubai real estate developer Damac Properties has handedSaudi Binladin Group ( SBG ) a SR353 million ($96 million) to construct a luxury housing project located on King Fahad Road, Riyadh. The work will be completed by Binladin subsidiary Haramain Gate for Construction, the main construction contract for Damac&#8217;s Esclusiva Luxury Serviced Apartments. The 150m tower will include 100 [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>JEDDAH &#8211; Dubai real estate developer Damac Properties has handed<a href="http://www.zawya.com/middle-east/company/profile/1001029/Saudi_Binladin_Group/" target="_blank" data-tooltip-url="/storyaction/companyDetails/1001029/?ajax">Saudi Binladin Group</a> ( <a href="http://www.zawya.com/middle-east/company/profile/1001029/SBG/" target="_blank" data-tooltip-url="/storyaction/companyDetails/1001029/?ajax">SBG</a> ) a SR353 million ($96 million) to construct a luxury housing project located on King Fahad Road, Riyadh.<br />
</strong>The work will be completed by <a href="http://www.zawya.com/middle-east/company/profile/1001029/Binladin/" target="_blank" data-tooltip-url="/storyaction/companyDetails/1001029/?ajax">Binladin</a> subsidiary Haramain Gate for Construction, the main construction contract for Damac&#8217;s Esclusiva Luxury Serviced Apartments.<br />
The 150m tower will include 100 luxury apartments and features interiors designed by Italian fashion house Fendi Casa.<br />
<a href="http://www.zawya.com/middle-east/company/profile/1001029/Saudi_Binladin_Group/" target="_blank" data-tooltip-url="/storyaction/companyDetails/1001029/?ajax">Saudi Binladin Group</a> is considered the world&#8217;s largest construction company and recently signed a $1.23 billion deal to build Kingdom Tower, which will be the world&#8217;s tallest building when complete.<br />
&#8220;Damac Properties is thrilled to be working with Biladin group on the construction of Damac Esclusiva which will take the standards of luxury home living in the Middle East to a new level,&#8221; said Niall McLoughlin, senior vice president, Damac Properties.<br />
&#8220;Together we can bring an experience to the market which the region is yet to see. It is a perfect synergy between two visionary companies looking to reach the pinnacle of luxury living,&#8221; he added.<br />
Damac, one of the property developers worst hit by Dubai&#8217;s financial crisis of 2008-2009 when a number of its projects stalled or cancelled, has launched several new developments this year on a back of a resurgence in the emirate&#8217;s housing market.<br />
Earlier this year it announced its Akoya by Damac development, which will include a gold course designed by flamboyant US business magnate Donald Trump.<br />
The residences will each have views of the golf course, the first in Asia by Trump&#8217;s Trump International. Akoya by Damac is the company&#8217;s largest development to date, spanning 28 million square feet off Umm Sequim Road.<br />
It will also include a spa, boutique hotels and international schools from kindergarten to secondary, as well as globally-recognized retail brands, leisure and entertainment offerings and a sports complex.<br />
The land has already been bought from Dubailand, but no timeline for construction has been announced.<br />
Damac, regarded as the largest luxury developer in the Middle East, is also building two mixed-use developments in partnership with movie producer Paramount.</p>
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		<title>&#8216;Public spend drive to lead Qatar construction boom&#8217;</title>
		<link>http://www.hgcoc.com/blog/2013/09/14/public-spend-drive-to-lead-qatar-construction-boom/</link>
		<comments>http://www.hgcoc.com/blog/2013/09/14/public-spend-drive-to-lead-qatar-construction-boom/#comments</comments>
		<pubDate>Sat, 14 Sep 2013 07:59:17 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[elektriciteit]]></category>
		<category><![CDATA[infrastructuur]]></category>
		<category><![CDATA[nutsvoorzieningen]]></category>
		<category><![CDATA[qatar]]></category>
		<category><![CDATA[spoorprojecten]]></category>
		<category><![CDATA[WK 2022]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1419</guid>
		<description><![CDATA[Despite concerns about long lead-times for many of the planned projects across the country and the potential for rising construction costs, Business Monitor International (BMI) has maintained an &#8220;overall bullish&#8221; outlook for Qatar&#8217;s construction sector. &#8220;A strong commitment to public spending coupled with the most attractive and stable business environment in the region will help [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>Despite concerns about long lead-times for many of the planned projects across the country and the potential for rising construction costs, Business Monitor International (BMI) has maintained an &#8220;overall bullish&#8221; outlook for Qatar&#8217;s construction sector.<br />
</strong>&#8220;A strong commitment to public spending coupled with the most attractive and stable business environment in the region will help Qatar in achieving its ambitious infrastructure development targets to facilitate the 2022 FIFA World Cup and its own 2030 Vision,&#8221; BMI said in a recent report.<br />
BMI&#8217;s country risk team believes that &#8220;Qatar&#8217;s economic growth will remain underpinned by the non-hydrocarbons sector over the coming quarters, with robust household consumption and construction activity making up for an ongoing stabilisation in hydrocarbons production.&#8221;<br />
The country&#8217;s fiscal policy is set to remain strongly supportive of the economy: the government has signalled its intention to ratchet up both current spending and investment expenditure over 2013-14 fiscal.<br />
BMI expects Qatar&#8217;s overall real GDP to grow by 5% in 2013 and 4.8% in 2014. In light of this outlook and as progress on many of the major projects is finally being made, it has revised upwards its forecast for the years leading up to the 2022 World Cup.<br />
Average real growth for Qatar over BMI&#8217;s 2013-22 forecast period now stands at 8% a year.<br />
Ahead of the 2022 World Cup, and in line with the country&#8217;s 2030 development plan, Qatar&#8217;s spending on infrastructure is expected to reach around $150bn over the next decade, the report said.<br />
A series of infrastructure projects are in the pipeline, including a $1bn transport corridor project in Doha; a $20bn investment in roads; $40bn plan for railways; $15.5bn new airport project; $4bn for stadiums; $8bn to be spent on a deep-water seaport; tens of thousands of hotel rooms to be built; and even a new city.<br />
For 2013, the Qatari government has initiated a major infrastructure upgrade of the road network in the country, which as BMI said, has begun to result in a sharp increase in contracts being awarded.<br />
For example, it said construction supervision contracts for the $4.1bn Doha Expressway were awarded in April and for the $5bn Doha Bay Crossing in May. The country is believed to have one of the busiest road markets in GCC to date, with contacts awarded so far being valued in excess of $1.8bn.<br />
This year, the government will be inviting bids from firms for the construction of a solar power plant in the country. The plant whose construction may commence in 2014, may cost $10bn-$20bn, and will have a generation capacity of 1,800 MW. It is likely to be completed by 2018. Meanwhile, plans are also underway for the launch of a tender for a 220 MW solar energy project this year.<br />
Supporting BMI&#8217;s long-held view about increase in tourism-related investment, the Qatar Tourism Authority, in March 2013 indicated plans to invest $20bn on the country&#8217;s tourism infrastructure. Qatar is looking to build as many as 22 new hotels (before 2017), with a total capacity of 45,000 rooms. It is expected that as many as 60,000 rooms will be required during the world cup.</p>
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		<title>New housing projects to drive Saudi realty growth</title>
		<link>http://www.hgcoc.com/blog/2013/09/12/new-housing-projects-to-drive-saudi-realty-growth/</link>
		<comments>http://www.hgcoc.com/blog/2013/09/12/new-housing-projects-to-drive-saudi-realty-growth/#comments</comments>
		<pubDate>Thu, 12 Sep 2013 09:02:48 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[qatar]]></category>
		<category><![CDATA[saudi arabia]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1410</guid>
		<description><![CDATA[Kuwait Financial Centre (Markaz) recently published the executive summary of its report on GCC residential real estate. The report examines the current and potential, demand and supply dynamics of the GCC residential real estate market. The report also sheds the light on the key challenges, constraints and pricing trends of the GCC residential real estate [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>Kuwait Financial Centre (Markaz) recently published the executive summary of its report on GCC residential real estate. The report examines the current and potential, demand and supply dynamics of the GCC residential real estate market. The report also sheds the light on the key challenges, constraints and pricing trends of the GCC residential real estate market.<br />
</strong>Over the past decade, GCC region has witnessed rapid economic development and demographic changes. High economic growth of the region resulted in influx of expatriates which, in turn, increased the total population of the GCC. High population growth coupled with rise in per capita income fuelled the demand for residential units in the GCC.<br />
Even though the onset of global financial crisis in 2008 plummeted the real estate activity in the GCC region, housing markets have rebounded to stable state due to efforts of governments. In fact, there is a shortfall of supply in major markets of GCC &#8212; Saudi Arabia, the UAE, Kuwait and Bahrain.<br />
While housing market in Oman faces concerns of oversupply post financial crisis, Qatar is moving toward oversupply crisis with large addition of housing units.<br />
Supply shortage and increasing demand for housing units is driving the house prices and rental rates in Saudi Arabia. New housing projects planned under social welfare schemes and introduction of mortgage finance by Saudi government will drive the growth of residential real estate market. Aggregate demand for housing units in Saudi Arabia is estimated to be 2.4 million units over 2010-2020.<br />
Rebound in the UAE residential sector is the result of the government&#8217;s efforts taken to stabilize the market and promote foreign investments.<br />
Liberal laws of foreign freehold property ownership will continue to drive the demand for residential properties among expatriates in Dubai.<br />
Kuwait residential market is characterized by undersupply of housing units and increasing demand for investment housing units due to influx of expatriates. Limited mortgage financing options and long waiting list for land allotment hindered the construction activity and widened demand-supply gap. Total housing demand in Kuwait is expected to reach 890,000 units in 2020.<br />
Bahrain residential property market showed signs of stabilization in 2012, after witnessing decline in rental rates for a period of two years. Low mortgage rates stimulated a surge in demand for housing units. Political unrest in the Bahrain has triggered the shift of focus from high-end villa and apartment developments to the affordable social housing units.<br />
Qatar residential market performed well in the year 2012. The strong economic conditions in the country and continuous improvement in the standard of living in the state contributed to the increasing demand in the residential sector. The waiting list for housing loans has been cleared in Qatar by infusion of capital. Increase in expatriate population due to major infrastructure projects and preparations planned for upcoming FIFA 2022 World Cup will increase demand for residential rental properties in the coming years.<br />
Residential real estate market in Oman suffers from excessive supply that entered market in the aftermath of highs of 2008. A total of $107 million is infused into the housing funds in 2012 and the corpus fund for housing raised to $260 million will increase the demand for housing units in Oman. Large infrastructure projects planned as part of the Eighth Development Plan would bring in large number of expatriates into the country and thus increase demand for residential units.<br />
Increasing land prices, lack of construction finance and availability of land remain key constraints in supply of housing units across the GCC. Pent up demand caused by exceptionally long waiting list for social housing in the region is widening demand-supply gap in housing market.</p>
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		<title>Muscat pushes on transport upgrade</title>
		<link>http://www.hgcoc.com/blog/2013/09/09/muscat-pushes-on-transport-upgrade/</link>
		<comments>http://www.hgcoc.com/blog/2013/09/09/muscat-pushes-on-transport-upgrade/#comments</comments>
		<pubDate>Mon, 09 Sep 2013 10:58:46 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[GCC]]></category>
		<category><![CDATA[infrastructuur]]></category>
		<category><![CDATA[oman]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1402</guid>
		<description><![CDATA[Despite a new wave of transport infrastructure schemes, Oman still lags behind neighbouring GCC states Oman has taken significant steps towards developing its transport network, which will include a national railway and the country’s first dual four-lane motorway. But Muscat still has some catching up to do compared with the more advanced transport projects in [&#8230;]]]></description>
				<content:encoded><![CDATA[<div>
<p><strong>Despite a new wave of transport infrastructure schemes, Oman still lags behind neighbouring GCC states</strong></p>
</div>
<p>Oman has taken significant steps towards developing its transport network, which will include a national railway and the country’s first dual four-lane motorway. But Muscat still has some catching up to do compared with the more advanced transport projects in the rest of the GCC.</p>
<p>The UAE is close to finishing its first phase of a national railway, while Saudi Arabia and Qatar have awarded billions of dollars-worth of construction contracts in recent months.</p>
<p>In contrast, Oman’s plans to build a national railway stalled midway through last year after it was decided the project would be retendered. The scheme is now gathering pace again. Consultants submitted bids for the project management contract on 26 August and earlier in the month Italy’s Italferr won the $37.3m contract for the preliminary design work.</p>
<p>There has also been a spate of road contracts awarded in recent weeks. In August, packages five and six of the $2.6bn, 260-kilometre Batinah Expressway scheme were both awarded. The four-lane road will connect Sohar, Muscat and the UAE and help speed up the transportation of goods from Oman’s expanding ports and airports around the region.</p>
<p>The Muscat government also announced plans to build a new logistics centre in the Batinah South region, designed to help support the growing traffic at Sohar Port.</p>
<p>The new impetus driving Oman’s transport projects will help the country realise its ambitions of becoming a major trade and transport hub for both interregional and Asia-Africa trade. However, Muscat will need to maintain, if not increase, this level of momentum to compete with the rest of the GCC effectively.</p>
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		<title>Makkah Gate to be built in 20 years</title>
		<link>http://www.hgcoc.com/blog/2013/08/28/makkah-gate-to-be-built-in-20-years/</link>
		<comments>http://www.hgcoc.com/blog/2013/08/28/makkah-gate-to-be-built-in-20-years/#comments</comments>
		<pubDate>Wed, 28 Aug 2013 08:01:01 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
		<category><![CDATA[infrastructuur]]></category>
		<category><![CDATA[Makkah]]></category>
		<category><![CDATA[Project]]></category>

		<guid isPermaLink="false">http://www.hgcoc.com/?p=1343</guid>
		<description><![CDATA[The structural plan for the Makkah Gate project that was recently approved by Makkah Gov. Prince Khaled Al-Faisal will be implemented in four stages over 20 years, said Osama Al-Bar, Makkah mayor and chairman of the board of directors at the Makkah Gate Company. He said that 70 percent of the project is located inside [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>The structural plan for the Makkah Gate project that was recently approved by Makkah Gov. Prince Khaled Al-Faisal will be implemented in four stages over 20 years, said Osama Al-Bar, Makkah mayor and chairman of the board of directors at the Makkah Gate Company.<br />
He said that 70 percent of the project is located inside the borders of the Grand Mosque.<br />
“The strategy of the project will allocate a series of places to be developed independently in phases,” he added.<br />
“The infrastructure network proposed is proportional to the phases of development and is in accordance with a development plan that extends between 15 to 20 years, five years being allocated for each phase,” said Al-Bar.<br />
Spokesman Issam Kolthoum said that the properties conform to 10 percent of the area to be developed, with owners from different parties such as the Ministry of Finance and other individuals in the loop.”<br />
Very small properties, he added, as well as a number of infringements, will not hinder the progress of the project and insure the lawful rights of their owners.<br />
Kolthoum said the project includes a location for Makkah National Park designed in harmony with the natural features and landscapes of the area.<br />
“The projects pays much heed to consistency of the geological conformation with the facilities and their use,” added Kolthoum.<br />
Once completed, the project will accommodate 1,000 visitors who will enjoy 40 different activities, including more than 300 campsites, 30 kilometers of long pedestrian lanes, sports locations, a children’s park, places for rest and services.</p>
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		<title>SAR4bn contracts signed to build 40,000 homes</title>
		<link>http://www.hgcoc.com/blog/2013/08/20/sar4bn-contracts-signed-to-build-40000-homes/</link>
		<comments>http://www.hgcoc.com/blog/2013/08/20/sar4bn-contracts-signed-to-build-40000-homes/#comments</comments>
		<pubDate>Tue, 20 Aug 2013 06:45:23 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
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		<category><![CDATA[Asir]]></category>
		<category><![CDATA[Baha]]></category>
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		<category><![CDATA[Hail]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[huizen]]></category>
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		<guid isPermaLink="false">http://www.hgcoc.com/?p=1317</guid>
		<description><![CDATA[The Ministry of Housing signed contracts worth SR4 billion on Sunday to develop eight residential districts in different parts of the Kingdom to build around 40,000 homes. Housing Minister Shuwaish Al-Duwaihi said 26 million square meters of plots would be developed in Jeddah (1/2), Madinah, Dammam (North and South), Al-Ahsa, Qatif, Tabuk and Al-Kharj under [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>The Ministry of Housing signed contracts worth SR4 billion on Sunday to develop eight residential districts in different parts of the Kingdom to build around 40,000 homes.<br />
</strong>Housing Minister Shuwaish Al-Duwaihi said 26 million square meters of plots would be developed in Jeddah (1/2), Madinah, Dammam (North and South), Al-Ahsa, Qatif, Tabuk and Al-Kharj under the project which will house 250,000 people.<br />
Custodian of the Two Holy Mosques King Abdullah has instructed the ministry to develop new residential areas across the country and provide loans to citizens to build homes. The king had earlier allocated SR250 billion to construct 500,000 low-cost homes to solve the country&#8217;s pressing housing problem caused by its fast growing population. The new projects would be ready within 24 months.<br />
&#8220;We&#8217;ll sign more contracts in the coming months to build homes in Asir, Najran, Baha, Makkah, Riyadh, Qassim, Hail, Al-Jouf, Northern Border Region and Tabuk,&#8221; said Al-Duwaihi.<br />
All new housing districts would be provided with advanced infrastructure facilities including water, electricity and sewage systems in addition to schools, mosques and health centers.<br />
&#8220;Citizens will be given land and loans to build homes either by themselves or with the help of real estate developers,&#8221; Al-Duwaihi said. The fees to be charged for the land will depend on the cost for developing it, he added.<br />
Asked about the reasons for the delay of some past projects, the minister said: &#8220;We have received over five new housing projects from contractors. If any contractor delays the work we&#8217;ll hand it over to another.&#8221;<br />
Al-Duwaihi said the ministry would soon announce the details of those who deserve new housing lands and loans. &#8220;We&#8217;ll encourage construction of homes in vacant lands,&#8221; he said when asked whether the ministry had plans to confiscate such lands. He disclosed plans to implement 60 new housing projects.</p>
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		<title>Metro projects look daunting</title>
		<link>http://www.hgcoc.com/blog/2013/08/16/metro-projects-look-daunting/</link>
		<comments>http://www.hgcoc.com/blog/2013/08/16/metro-projects-look-daunting/#comments</comments>
		<pubDate>Fri, 16 Aug 2013 07:55:36 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
		<category><![CDATA[bouw]]></category>
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		<guid isPermaLink="false">http://www.hgcoc.com/?p=1141</guid>
		<description><![CDATA[While the contractors working on the Riyadh and Doha metros may be facing unknown risks, the benefits make them worthwhile Construction is very different from manufacturing. Instead of striving for perfection through repetition, it involves a team of people who have never worked together before making something that has never been built before. Construction is inherently [&#8230;]]]></description>
				<content:encoded><![CDATA[<div>
<p><strong>While the contractors working on the Riyadh and Doha metros may be facing unknown risks, the benefits make them worthwhile</strong></p>
</div>
<p>Construction is very different from manufacturing. Instead of striving for perfection through repetition, it involves a team of people who have never worked together before making something that has never been built before. Construction is inherently risky and the bigger the project is, the bigger the risks are.</p>
<p>The Riyadh Metro and Doha Metro are two of the region’s biggest schemes. In Riyadh, contractors will build 176 kilometres of metro lines within five years – an undertaking that even seasoned metro builders say has never been taken on before. The Doha Metro also involves the construction of multiple tracks. Both schemes face a multitude of challenges ranging from land acquisition to traffic management and manpower to financing.</p>
<p>While these risks may be new for local players that have had few opportunities to work on metro projects in the region, they are familiar ones for international construction companies. These firms were prepared to compete aggressively for work on both metro schemes since other markets, most notably southern Europe, have offered few major opportunities for contractors in recent years.</p>
<p>With the majority of the metro work now awarded, the focus will shift to delivery and the consortiums that won the contracts will find out exactly how accurate their predictions were as they discover the amount of risk involved in building metros in cities such as Riyadh and Doha.</p>
<p>However, with risk comes reward. The multibillion-dollar deals will generate significant cash flows for work-hungry contractors and will create thousands of job opportunities for construction professionals and close to 100,000 jobs for labourers in both cities.</p>
<p>More importantly, the two schemes will transform two of the region’s capital cities into modern metropolises, and for the residents of Riyadh and Doha, that is the greatest reward of all.</p>
<p>© Meed, August 2013</p>
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		<title>SR300bn Makkah projects to expand pilgrim services</title>
		<link>http://www.hgcoc.com/blog/2013/08/15/sr300bn-makkah-projects-to-expand-pilgrim-services/</link>
		<comments>http://www.hgcoc.com/blog/2013/08/15/sr300bn-makkah-projects-to-expand-pilgrim-services/#comments</comments>
		<pubDate>Thu, 15 Aug 2013 07:10:02 +0000</pubDate>
		<dc:creator><![CDATA[jochemgeheniau]]></dc:creator>
				<category><![CDATA[HGCoC Nieuws]]></category>
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		<guid isPermaLink="false">http://www.hgcoc.com/?p=1315</guid>
		<description><![CDATA[New projects worth more than SR300 billion are being implemented in Makkah to improve services being rendered to millions of pilgrims who come for Haj and Umrah, said Makkah Gov. Prince Khaled Al-Faisal. He said the new development projects in Makkah, including largest expansion of the Grand Mosque, were not aimed at making any financial [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><strong>New projects worth more than SR300 billion are being implemented in Makkah to improve services being rendered to millions of pilgrims who come for Haj and Umrah, said Makkah Gov. Prince Khaled Al-Faisal.<br />
</strong>He said the new development projects in Makkah, including largest expansion of the Grand Mosque, were not aimed at making any financial gains for the Kingdom but to enhance facilities for the guests of God who are growing in numbers year after year.<br />
&#8220;The ongoing Haram expansion project, the largest in history, is being carried out on an area of 400,000 square meters. It will double the mosque&#8217;s capacity to two million worshippers,&#8221; the governor said.<br />
The new Haram project has six main components: Expansion of its plazas; construction of bridges and pedestrian pathways; new service buildings; health centers; civil defense office; a central air-conditioning station; and a reserve power plant.<br />
&#8220;There are plans to construct more pathways and tunnels around the mosque as part of the project,&#8221; he said, adding that all these works would facilitate the movement of pilgrims.<br />
Prince Khaled stressed the significance of the SR69 billion Makkah public transport project, including a metro system, adding that it would ensure smooth flow of traffic inside the city.<br />
He also said the King Abdullah Project for the Development of Makkah and Holy Sites aims at increasing the present capacity of Mina and linking the holy sites with Makkah with an advanced transport system.<br />
The ongoing expansion of King Abdulaziz International Airport (KAIA) in Jeddah will increase its capacity to 80 million passengers, he said. KAIA is the main gateway of pilgrims.<br />
&#8220;The Haramain Railway will reduce the waiting time of pilgrims at KAIA and will carry more than three million passengers annually,&#8221; the governor said.<br />
The railway linking Makkah and Madinah via Jeddah will have a length of 480 km.<br />
He referred to government&#8217;s plan to set up a full-fledged pilgrim city in Makkah with housing units, offices of Haj service providers and exhibition centers.<br />
The expansion of masaa, the running area between the Safa and Marwa inside the mosque, has increased its capacity to 188,000 pilgrims per hour, he said.</p>
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