UAE Construction Industry 2006

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UAE Construction Industry in 2006

Compiled in March 2007

UAE
Construction
Industry in 2006

Ventures Middle East LLC 1


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:
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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 : mail@ventures-me.com
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Ventures Middle East LLC 2


UAE Construction Industry in 2006
Compiled in March 2007

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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UAE Construction Industry in 2006
Compiled in March 2007

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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UAE Construction Industry in 2006
Compiled in March 2007

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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UAE Construction Industry in 2006
Compiled in March 2007

• 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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UAE Construction Industry in 2006
Compiled in March 2007

• 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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UAE Construction Industry in 2006
Compiled in March 2007

• 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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UAE Construction Industry in 2006
Compiled in March 2007

• 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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UAE Construction Industry in 2006
Compiled in March 2007

• 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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UAE Construction Industry in 2006
Compiled in March 2007

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 Al Habtoor Engineering 165
Dubai-Sharjah Road
2 Park Lane Apartments in Dubai Bouygues/Target 275
Dubai International Engineering
Financial Centre
3 7 storey Building in Dubai Dubai Zarah Al Safa na
Marina Contracting
4 Quay Walls at Mina Saqr Ras Al China Harbour na
Khaimah
5 Design and Northern Saif Bin Darwish na
Accomplishment of Roads Emirates
(Grp.1)
6 Dubai Sports City- Dubai Wade Adams 106
Infrastructure Package
7 Blending Plant in Sharjah Sharjah Al Nemr Civil Na
Engineering
8 Steel Plant in Mussafah Abu Dhabi Danieli & Co. 550
9 Cement Plant in Ras Al Ras Al FL Smidth 120
Khaimah Khaimah
10 Development of Al Ain Abu Dhabi Dripco 12
Equestrian & Shooting
Club
11 Labour Housing Units in Umm Al Al Arrab 27
Umm Al Quwain Quwain
12 Residential Building near Dubai Al Arif Contracting 3
Lamcy Plaza
13 Residential Towers in Al Dubai Youssef & Aman 14
Barsha Contracting
14 Gold Crest Views II in Dubai Al Meraikhi 68
Jumeirah Lake Towers
15 Bank Branch & IT Dubai Eastern Contracting 19
Development Office
Building
16 Residential Building in Al Dubai Al Shafar Transport & Na
Barsha Contracting
17 London Crown Tower in Al Dubai Al Shafar Transport & na
Mankhool Contracting
18 23 Storey Tower in Fujairah Skynet Contracting Co. na
Fujairah
19 Dorra Bay in Dubai Marina Dubai Construction & Na
Reconstruction Co.
20 Liwa Heights in Jumeirah Dubai Dhafir Development 48
Lake Towers
21 Al Aweer Sewage Dubai Leader Group/Mass 50
Treatment Plant Expansion Artima
22 Design and Northern Darwish Engineering na
Accomplishment of Roads Emirates
(Grp.2)

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UAE Construction Industry in 2006
Compiled in March 2007

23 Gold Crest Executive in Dubai Ascon 60


Jumeirah Lake Towers
24 Diamond Factory in Ras al Ras Al Mushrif Trading & Co. 10
Khaimah Khaimah
25 Stargate Edutainment at Dubai Engineering Na
Za'abeel Park Contracting Co.
26 The Golden Mile on Dubai Al Shafar General 400
Jumeirah Palm Island Contracting
27 Dubai Industrial City in Dubai Ghantoot Transport 14
Emirates Road –
Infrastructure Pack
28 Mirdif Private School in Al Dubai Al Awtan Contracting 3
Mizhar
29 City Hospital in Dubai Dubai Al Ahmadiah Aktor 82
Health Care City
30 Abu Dhabi Industrial City Abu Dhabi Al Jaber Establishment 135
II – Phase 1 Extension
31 New Residential Area Near Abu Dhabi Pivot /Al Ghafly 135
Khalifa City
32 Warehouse and Office Dubai Amana Steel Building 30
Building in Dubai
Investments Park
33 Mixed-Development at the Abu Dhabi Al Faraa General na
Mohammed Bin Zayed City Contracting
on Abu Dhabi - Al Ain
Road
34 10 Residential Bldgs. in Abu Dhabi Seidco na
Mohammed Bin Zayed City
35 6 Residential Bldgs. in Abu Dhabi Seidco na
Mohammed Bin Zayed City
36 Al Falah Tower in Al Falah Abu Dhabi Al Faraa General 14
Street, Abu Dhabi Contracting
37 Ritz Plaza in International Dubai Engineering na
City Contracting Co.
38 6-Storey Building in Al Dubai Pivot Engineering & 17
Barsha Contracting Co.
39 Good Impex Tower in Dubai Test Contracting na
Jumeirah Lake Towers
40 Al Zahra Hospital in Al Dubai Best Contracting na
Barsha
41 Bonnington Tower in Dubai Dubai Contracting 64
Jumeirah Lake Towers Company
42 30 Storey Building in Al Sharjah Sharjah Tower General na
Majaz Contracting
43 5 Star Hotel in Jumeirah Dubai Al Ahmadiah na
Beach Residence Contracting
44 D.E.C Towers in Dubai Dubai Strabag 82
Marina
45 Abbco Tower in Al Nahda, Ali Moosa & Sons na
Sharjah Contracting
46 Sulafa Tower in Dubai Dubai Tepe Akfen Ventures 100
Marina
47 Residential Building in Al Dubai Union Contracting na
Rigga
48 Mixed Use Building on Al Sharjah Al Zamalek General na
Wahda Road Contracting

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UAE Construction Industry in 2006
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49 Building for the India Abu Dhabi Arabian Contracting 8


Social and Cultural Center Achievement
50 Fujairah IWPP Fujairah Sembcorp 1,362
51 Taweelah Power Station- Abu Dhabi Larsen & Toubro 32
Sweihan OHTL
52 New Power Plant for Jebel Dubai Alstom 240
Ali Smelter
53 Marina at Misnoah Island Abu Dhabi Ghantoot Contracting na
54 New Garhoud Bridge Dubai Belhasa Six Construct 113
55 Dubai Bypass Widening Dubai Al Naboodah na
Project Contracting
56 New Cement Factory in Fujairah Sinoma International 477
Fujairah
57 Dubai Investments Park – Dubai Khansaheb Civil na
Phase 5 Infrastructure Engineering
58 Golf Towers - Phase 3 in Dubai CSHK Dubai 127
Emirates Hills Contracting
59 Dubai World Trade Center Dubai Khansaheb Civil 38
Complex – Pack 1 Engineering
60 544 Villas in Al Warqah, Dubai Arabtec 157
Dubai
61 Burj Views Project Dubai Saudi Binladin na
62 Luxury Hotel in Jumeirah Dubai Al Habtoor Engineering 41
Beach Residence
63 Al Noor Hospital in Airport Abu Dhabi Dhafir Development/ 33
Road Bin Harmel Contracting
64 Supreme Residency II in Dubai Metropol Gulf na
Dubai Marina
65 Bayside Residence in Dubai United Engineering na
Dubai Marina Construction
66 21 Storey Building in Dhafir Development 65
Khalidiya, Abu Dhabi
67 Le Solarium at Dubai Dubai Sun Engineering 41
Silicon Oasis
68 Dubai Marina Mall Dubai Al Jaber Grinaker LTA 387
69 Madison Tower at Tecom Dubai Emirates MAN na
70 Citadel Tower at Business Dubai Al Shafar General 35
Bay Contracting
71 New Office Building in Abu Dhabi Al Ghafly na
Airport Road, Abu Dhabi
72 Al Jazeera Sports Club in Abu Dhabi Asqalan Construction 4
Al Wathba
73 Al Jazeera Sports Club in Abu Dhabi Asqalan Construction 4
Al Bahia
74 8 & Global in Al Barsha Dubai Sunjin C & A 8
75 Jumeirah Business Center Dubai Al Ahmadiah 134
3 & 4 in Jumeirah Lake Contracting
Towers
76 Lake Side Residence at Dubai Al Liwan Contracting 63
Jumeirah Lake Towers
77 33/11kV Substation Techton Engineering na
Building in Fujairah
78 400-kV GIS Substation at Fujairah Toshiba 82
Qidfa
79 132kV Substations at the Dubai Siemens na
City of Arabia, Dubailand

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UAE Construction Industry in 2006
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80 Dubai - Fujairah Road Dubai Al Muhairy/ National 222


Wheel
81 The Villa Project- Dubai Wade Adams 30
Infrastructure Package
82 Improvement of 4 Dubai Emirates Road 20
Junctions in Deira Contracting
83 Extensive Paving Work in Dubai Emirates Road 20
Jumeirah 2 Area Contracting
84 Improvement of Al Qudrah Dubai Wade Adams 18
Road
85 Internal Roads and Dubai Khansaheb Civil 15
Infrastructure for Dubai Engineering
City Project
86 Al Emara in Ajman Ajman Dewan Development na

87 Water Pipeline Between Abu Dhabi Mokhtar Ibrahim 207


Taweelah & Umm Al Nar
88 Fairmont Palm Residence Dubai Dubai Contracting 200
in Jumeirah Palm Island Company
89 Marina Quays at Dubai Dubai Dubai Civil Engineering 107
Marina
90 New Warehouses in RAK Ras Al Construction -/-
Trade Free Zone Khaimah Technology Contracting
91 Chamber of Commerce & Fujairah East Coast Contracting 6
Industry Building in
Fujairah
92 Reef Tower on Sheikh Dubai Emirates Belbadi 35
Zayed Road
93 Serviced Apartment Dubai Ascon 23
Building on Bin Salahudin
Road
94 Commercial Building on Dubai Ascon 12
Bin Salahudin Road
95 14 Storey Office Building Dubai Bu Haleeba Contracting 22
in Tecom
96 Residential Building in Dubai Gulf Spring Contracting 33
Dubai Silicon Oasis Co.
97 Marine Works at Layyah Sharjah China Harbour na
Power Station
98 Al Sofouh District Road Dubai Wade Adams 57
Improvement-Packs 1 & 2
99 Sewerage Treatment Plant Dubai Turner Construction na
at the Dubai Maritime City
100 Bridge at Wimpy Al Dubai Wade Adams 16
Futtaim Interchange
101 Upgrade and Modification Abu Dhabi CCC / Punj Lloyd 134
of EGDS
102 Al Ain Industrial Park – Abu Dhabi Al Jaber 34
Infrastructure Contract
103 Palazzo Versace Resort in Dubai Arabtec 400
Culture Village
105 Abu Dhabi Airport Runway Abu Dhabi Al Jaber / Odebrecht 275
Package
106 Accomodation Scheme in Dubai Dubai Civil Engineering 500
Al Qouz Area /Ginco

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UAE Construction Industry in 2006
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107 Mixed-Use Development at Dubai United Engineering 123


the DSC, Dubailand Construction/Intermass
108 Emirates Identity Northern Maclean Construction 10
Authority Buildings in Emirates
Northern Emirates
109 Khalidiya Rotana Hotel Abu Dhabi Nurol Group 204
and Residences in Abu
Dhabi Corniche
110 Fortune Executive in Dubai IJM Corporation Berhad 35
Jumeirah Lake Towers
111 Lake Shore Tower 1 in Dubai Pivot Engineering & na
Jumeirah Lake Towers Contracting Co.
112 Nikko Tower Hotel on Dubai Ghassan Ahmed Al 123
Sheikh Zayed Road Khalid/Kele
Construction
113 Ajman Medical Clinic Ajman Nile Building na
Contracting
114 Hotel Tower in Business Dubai Al Habtoor Engineering 54
Bay
115 Dunes Residence in Dubai Dubai Shinsung Corporation 100
Sports City
116 Expansion of Station H in Dubai Siemens 465
Al Aweer- Phase III
117 City of Arabia in Dubailand Dubai Kier Dubai/Leighton 64
- Infrastructure Works Gulf
118 Lagoons Infrastructure Dubai Wade Adams 34
Package
119 Jumeirah Village North Dubai Nurol 83
(JV1) in Jumeirah -
Infrastructure Pack
120 Al Raha Gardens 1 - Pack Abu Dhabi Al Jaber na
2 in Al Raha Beach
121 Dubai Lagoon Project in Dubai Gulf Stream 817
Emirates Road Contracting / UNIMA
122 Mirdiff Gate in Mirdif, Dubai China State 327
Dubai Construction &
Engineering
123 Aviation Residential Abu Dhabi Emirates Building na
Complex in Khalifa City
124 Ruwais Housing Complex - Abu Dhabi Pivot Engineering & 61
Phase 3 Contracting Co.
125 Building for Charitable Abu Dhabi Ali & Sons Contracting 10
Foundation in Airport Road
126 B2B Tower in Business Dubai Al Rostamani-Pegel na
Bay
127 Mixed Use Complex at Dubai Peremba Construction 109
Dubai International
Financial Centre
128 Churchill Executive Towers Dubai Dubai Oger 187
at Business Bay
129 Julphar Towers in Ras Al Ras Al Al Hamad Contracting 116
Khaimah Khaimah
130 4-Storey Building in Abu Dhabi National Transport & na
Defence Street, Abu Dhabi Contracting Co.
131 Sharjah Tower in Al Khan Sharjah Sun Engineering 61
Lagoon

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UAE Construction Industry in 2006
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132 Residential Tower on Dubai Al Shafar General 95


Sheikh Zayed Road Contracting
133 Commercial Building in Seidco 16
Tourist Club Area, Abu
Dhabi
134 Omnix South & Omnix Dubai Dubai Contracting 136
North Towers at the Dubai Company
Pearl
135 Two 60-Storey Towers on Dubai Arabtec 220
Sheikh Zayed Road
136 Chamber of Commerce Dubai Emirates Contracting na
Building in Dubai Co.
137 Mixed-Use Building in Al Sharjah Al Oroba Contracting 31
Nahda 1
138 Quay Wall at Fujairah Port Fujairah Athena Construction na
139 Sewerage Network For Dubai Arabtec 18
Dubai
140 Upgrade of Arabian Dubai Taisei Corporation 112
Ranches Roundabout
141 Qatar Consulate and Dubai Golden Wing na
Consul Residence Contracting
142 Liberty House in Dubai Dubai Ascon 82
International Financial
Centre
143 The Crescent in Dubai Intermass Engineering 67
International Media & Contracting
Production Zone
144 Park Island in Dubai Dubai Dubai Civil Engineering 177
Marina
145 3 Luxury Villas in Abu Abu Dhabi Five Star Contracting na
Dhabi
146 Lamcy Mall in Mirdif, Dubai Dubai Al Naboodah na
Contracting
147 Tiara Residence and Dubai Arabtec 572
Anantara Resort in
Jumeirah Palm Island
148 Rufi Twin Towers at Dubai Dubai Al Hudaiba Contracting 110
Sports City
149 Latifa Tower on Sheikh Dubai Al Rostamani-Pegel 136
Zayed Road
150 Two 45-Storey Towers on Abu Dhabi Covec 117
Marina Square in Reem
Island
151 El Matador Tower in Dubai Al Rostamani-Pegel 54
Jumeirah Village
152 Dubai - Fujairah Road - Dubai National Wheel J & P 86
Contract 1
153 Sharjah STP Expansion - Sharjah Six Construct/Sanotec 86
Phase 7
154 Interchange 5.5 Dubai Dutco Balfour Beatty 153

155 Jumeirah Village ( South) Dubai Dodsal 177


(JV3) – Infrastructure
Contract
156 Cultural Village Dubai Belhasa Six Construct 82
Infrastructure

Ventures Middle East LLC 16


UAE Construction Industry in 2006
Compiled in March 2007

157 Filtration Systems Abu Dhabi VECO 15


Upgrade of 3 LNG Trains
158 Salt Factory in Abu Dhabi Abu Dhabi Amana Steel Building 22
159 District Cooling Plant Dubai Shinryo Corporation 52
Complex at Jumeirah Palm
Island - Trunk
160 Al Wahda City 1 in Muroor Abu Dhabi Civilco 204
Road, Abu Dhabi
161 Marina Residences on Dubai Shimizu Corporation 544
Jumeirah Palm Island
162 Ozone Centre in Mussafah Abu Dhabi National Projects & 27
Road, Abu Dhabi Construction
163 Alareifi Marina Tower in Dubai Buset Contracting 68
Dubai Marina
164 Swiss Tower at Jumeirah Dubai IJM Corporation Berhad 68
Lake Towers
165 Holiday Inn Express at the Dubai General Construction 19
Knowledge Village Company
166 Expansion of Onshore Fujairah Cylingas na
Bunkering & Oil Products
Terminal in Fujairah
167 International City - Phase Dubai GMT Consortium 70
3 - Infrastructure
168 Development of Khalifa Ajman Darwish Engineering Na
Street in Ajman Emirates
169 OAG Network-Pack 3 - Ras Abu Dhabi CCC/NPCC 400
Al Qila to Habshan Pipeline
170 Solid Waste Management Abu Dhabi EUCH/Aqua Q 272
Plant in Abu Dhabi
171 Abu Dhabi Airport Abu Dhabi Al Habtoor-Murray & 918
Expansion - Etihad Roberts
Passenger Terminal
172 Residential Development Abu Dhabi National Projects & na
on Marina Square-Zone A Construction
173 Residential Development Abu Dhabi IJM Corporation Berhad 545
on Marina Square-Zone C
174 940 Villas in Mohammed Dubai Arabtec 307
Bin Rashid Housing
175 Gateway Towers in Dubai Taisei Corporation na
Jumeirah
176 Baker Hughes Center in Dubai Khansaheb Civil 35
Techno Park Engineering
177 Etihad Towers in Abu Abu Dhabi Arabian Construction 408
Dhabi Company
178 324 Villas in Arabian Dubai Arabtec 105
Ranches
179 Jumeirah Wave Business Dubai Ali Moosa & Sons 272
Towers in Jumeirah Village Contracting
180 Orra Marina in Dubai Dubai Shinsung Corporation na
Marina
181 Ministry of Health Building Dubai United Engineering 12
in Al Muhaisna, Dubai Construction
182 Princess Tower in Dubai Dubai Arabian Construction 188
Marina Company
183 Casa Del Mar in Dubai Dubai Al Basti & Muktha na
Marina

Ventures Middle East LLC 17


UAE Construction Industry in 2006
Compiled in March 2007

184 Executive Heights at Dubai Target Engineering 46


Tecom
185 One Business Bay Project Dubai Emirates Belbadi 138
185 7-Storey Residential Dubai Ascon na
Building in Muthina, Dubai
186 Sheikh Zayed Centre (Air Abu Dhabi Athena Construction 27
Navigations Services)
187 Cargo Terminal Building at Dubai Arabtec / Max Boegl 74
Jebel Ali Airport City
188 Residential Building in Al Dubai Bu Haleeba Contracting 41
Barsha
189 Al Habtoor Marina Tower Dubai Al Habtoor Engineering na
in Dubai Marina
190 New Oasis Shopping Dubai Al Basti & Muktha 87
Center in Dubai
191 132kV Cable Laying Works Dubai ETA/Centaur na

192 Lagoons Quay Wall Dubai Dutco Balfour Beatty 41


Package
193 Seawall works on Al Raha Abu Dhabi NSCC/Bachy na
Beach Solbntanche
194 University Town in Al Ain - Abu Dhabi Al Salmeen 17
Infrastructure
195 Jumeirah’s Mina Area Dubai Al Muhairy General 25
Beautification Contracting
196 Al Sofouh District Road Dubai Wade Adams 60
Improvement – Pack 4 & 5
197 Gas Pipeline From Abu Dhabi CCC/NPCC 40
Habshan to Bu Hasa
198 Jumeirah Golf Estates Dubai Khansaheb Civil 37
Engineering
199 Uptown MotorCity, Dubai Al Futtaim Carillion 376
Dubailand
200 Auto Mall in Dubai Motor Dubai Nasa Multiplex 256
City, Dubailand
201 Dubai Lagoon Project in Dubai Gulf Stream 817
Emirates Road Contracting/Unima
202 910 Villas in Victory Dubai Frayland LLC/Wiemer & na
Heights, Dubailand Trachte
203 Bay Central in Dubai Dubai Al Hamad Contracting na
Marina
204 Transworld FZE Dubai Amana Steel Building na
Warehouse Extension
205 Al Durrah Tower in Sheikh Dubai Dubai Contracting 157
Zayed Road Company
206 Tiffany Tower in Jumeirah Dubai Al Rostamani-Pegel na
Lake Towers
207 Bay Gate in Business Bay Dubai Al Nekhreh Contracting 164
208 Vision Tower in Business Dubai Al Shafar General 109
Bay Contracting
210 New Island in Dubai Dubai Jan de Nul 136
211 Internal Roads in Dubai Al Muhairy General 47
Muhaisnah and Mizhar Contracting
212 Floating Bridge in Dubai Dubai Waagner Biro Gulf 42
213 Cleveland Bridge New Dubai FNC 27
Factory in Jebel Ali

Ventures Middle East LLC 18


UAE Construction Industry in 2006
Compiled in March 2007

214 Al Ghurair Steel Complex Abu Dhabi Al Hussam 82


in ICAD, Mussafah
215 District Cooling Plant in Dubai Transgulf 60
Dubai Healthcare City
216 Borouge Complex Abu Dhabi Linde 1,100
Expansion - Phase 3:
Ethane Cracker
217 30-Km Gas Pipeline in Sharjah Dutco McConnell 183
Sharjah Dowell
218 Upgrade of Dubal's Dubai ABB Industries 39
Smelter Complex
219 42 Villas in the Lime Tree Dubai Frayland LLC/Wiemer & 47
Project Trachte
220 Cedars Int'l Hospital Dubai Al Shate na
Expansion in Jebel Ali
221 Khalifa Hospital Expansion Ajman Arab Contractors 11
in Ajman
222 Green MotorCity in Green Dubai El Seif Engineering na
Community
223 Infinity Tower at the Dubai Dubai Arabtec 191
Marina
224 Police Station in Masafi, Fujairah Al Tawakul Contracting na
Fujairah
225 9-Storey Commercial Dubai Belhasa 102
Building in Oud Metha
226 The Dunes in Dubai Silicon Dubai Larsen & Toubro 35
Oasis
227 Civil Defence Building in Ras Al Al Rayyan Contracting na
Ras Al Khaimah Khaimah
228 Police Station in Fujairah Al Rayyan Contracting na
229 Symphony Tower III Dubai Sunjin C & A na
230 15-Storey Mixed-Use Dubai Khansaheb Civil na
Building in Dubai Engineering
231 The Apricot at the Dubai Dubai Larsen & Toubro 62
Silicon Oasis
232 Replacement of 220kV Abu Dhabi ETA Ascon 88
OHL with 220kV
Underground Cables
233 Saadiyat Island Crossing Abu Dhabi Ed Zueblin/Saif Bin 164
Bridge Darwish
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 Abu Dhabi Commodore 109
Dhabi Contracting
237 O14 Tower in Business Dubai Dubai Contracting 82
Bay Company
238 400/132kV Substation at Dubai Mitsubishi Electric na
Gardens, Dubai Corp./NCC/Jyothi
Structures Ltd.
239 Three 132/11kV Dubai Siemens/Electrowatt 52
Substations in Dubai Ekono Ltd.
Sports City
240 Extension of Taweelah A1 Abu Dhabi Doosan Heavy 185
IWPP (A10) Industries
241 Saadiyat Island - Dredging Abu Dhabi Jan de Nul na
Package

Ventures Middle East LLC 19


UAE Construction Industry in 2006
Compiled in March 2007

242 Wasit Road Interchanges Sharjah National Contracting & 54


Transportation
Company (NCTC)
243 Infrastructure Works on Dubai Wade Adams na
Tijara Town in Dubailand
244 Jumeirah Al Khor Hotel at Dubai Al Basti & Muktha 234
Dubai Healthcare City
245 IT Plaza at Dubai Silicon Dubai Sobha Contracting 33
Oasis
246 Dubai Bypass Widening Dubai Al Naboodah na
Project Contracting/Yuksel
247 King Abdul Aziz Road Sharjah Sharjah Generat 114
Development in Sharjah Contracting / NCTC
248 Jebel Ali Free Zone - Dubai Ghantoot Contracting 38
Infrastructure Package
249 Upgrade of Al Wahda Road Sharjah Sharjah General 87
- Phase 5 Contracting

250 Rebuilding of Bridge No.1 Dubai Salini Costruttori 168


on Sheikh Zayed Road
251 Ras Al Khor Crossing - Dubai Salini Costruttori na
Pack 6
252 3-Lane Dual Carraigeway Abu Dhabi Abu Dhabi General 19
in Al Raha Gardens Transport Co.

Ventures Middle East LLC 20


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

Ventures Middle East LLC 21


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

Ventures Middle East LLC 22


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

Ventures Middle East LLC 23


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

Ventures Middle East LLC 24


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.

30,000

25,000 Oil & Gas


20,000 Pipeline
Industrial
15,000
Buildings
10,000 Power & Water
5,000 Marine
Infrastructure
0
Value in US$ Million

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

Ventures Middle East LLC 25


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.

60,000

50,000
Oil & Gas
40,000 Pipeline
Industrial
30,000
Buildings
20,000 Power & Water
Marine
10,000
Infrastructure
0
Value in US$ Million

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

Ventures Middle East LLC 26


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 Adma - Opco
Oilfield 2,000
2 Development of Qusahwira & Bida ADCO
Al-Qemzan Fields 1,500
3 Umm Al Lulu Oil Field Zadco
Development 1,500
4 Onshore and offshore Sour Gas ADNOC
Development 10,000
5 Expansion of Ruwais Refinery Takreer 3,500
6 LNG Storage Hub in Techno Park, DMCC, Techno Park, LNG
Dubai Impel 1,000
7 Borouge Complex Expansion - AUH Polymers Co.
Phase 3: PDH & Phenolics
Complex Na
8 Asab Gas Development (AGD) Gasco
Modifications Na
9 Water Pipeline Between Taweelah ADWEA
& Umm Al Nar 207
10 NGL Pipeline from Asab to Ruwais Gasco Na
11 Upper Zakum - Fujairah Oil IPIC/Conoco Phillips
Pipeline Na
12 Taweelah-Qidfa Gas Pipeline Dolphin Energy Ltd. Na
13 General Holding
Steel Plant in Mussafah-Phase 2 Corporation (GHC) 545
14 Aluminium Smelter in Taweelah Dubal/Mubadala 5,995
15 Rio Tinto Aluminium Plant in Abu GHC/Comalco
Dhabi 2,188
16 Cement Plant in Hamriyah Free Al Ruya Industries
Zone 408
17 PTA & PET Complex in Abu Dhabi IPIC/CPC
1,000
18 Bee'ah Recycling Plant in Sajaa Sharjah Municipality
Industrial Area 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 Istithmar
Towers 681
22 Al Wasl City Tower Complex in Al Eye of Dubai Investment
Wasl, Dubai Co. 327
23 Commercial Spaceport in Ras Al RAK DCA/ Space
Khaimah Adventures 266
24 Dubai Auto Zone in Jebel Ali Free Jebel Ali Free Zone
Zone Authority 545

Ventures Middle East LLC 27


UAE Construction Industry in 2006
Compiled in March 2007

25 Fujairah Paradise Golden Riyadh Est. /


Escan 800
26 Aviation Hub in Jebel Ali Airport Dubai Aerospace
City Enterprise 14,986
27 Building Material City in Abu Manazel Real Estate
Dhabi 1,100
28 Crown City in Dubai Investments Al Manal Development
Park 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 Nakheel Corporation
Palm Island 544
40 Guggenheim Abu Dhabi on Tourism Development &
Saadiyat Island 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 Khoie Properties
Marjan Island in RAK 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 Aldar Properties
Abbyad Island 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 Sorouh Real Estate
Shamkha Na
52 Majan Mixed-Use Development in Mizin
Dubailand 4,000
53 Arjan Mixed-Use Development in Mizin
Dubailand 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 Pearl Properties
Investments Park 5,450
57 The Plaza Mayor at the Jumeirah Isharaqh/Ta'sees/Makaseb
Village 817
58 Dubai Towers at the Lagoons Sama Dubai
Project 1,800
59 Acacia Avenues in Jumeirah Beach Abyaar Real Estate 550
60 Residential Development in Mina RAK Properties
Al Arab Project 817
61 Saraya Abu Dhabi Project Sorouh Real Estate
954

Ventures Middle East LLC 28


UAE Construction Industry in 2006
Compiled in March 2007

62 The Kingdom of Sheba Resort on International Financial


Jumeirah Palm Advisors 1,000
63 Rawadat Abu Dhabi Reem Investments 1,498
64 Dubai Exhibition City in the Dubai Dubai World Trade Centre
World Center Complex 2,600
65 RAK Offshore Project in Ras Al Rakeen Development
Khaimah 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 Zabeel Investments
Zayed Road 477
73 100-storey Business Bay Tower Al Habtoor Group 545
74 2,500 MW Co-generation Plant- P DEWA Na
Station in Hassyan
75 Power and Desalination Plant in DEWA Na
Lehbab
76 Desalination Plant in Umm Al Imdad
Quwain 545
77 Fujairah 2 (F2) IWPP ADWEA 10,900
78 Khalifa Port and Industrial Zone in Mubadala/ Abu Dhabi Port 2,180
Abu Dhabi Co./HCSEZ
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 Dubai Road Transport
Road 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 Na
Authority
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

Ventures Middle East LLC 29

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