Tuesday 21 April 2015
 
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Infrastructure

Algeria to invest $215bn in infrastructure

Algeria is set to invest $215 billion in publicly funded infrastructure during 2015-2019, with a focus on hospital construction and renovation, transportation infrastructure, wastewater management and desalination, and ports/airports.

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IFC to invest $2bn in Egyptian infrastructure, power

The World Bank's development arm plans to invest between $1.2 billion and $2 billion in Egypt over the next four years, including around the Suez Canal, its regional director told Reuters. The International Finance Corporation

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Saudi to lure investors with big infrastructure projects

Saudi Arabia is working on a new investment policy that will see bidders who supply for government projects being encouraged to set up manufacturing facilities across the country, said a senior economic official. The kingdom is spending

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Oman awards key infrastructure contracts

Oman has awarded contracts worth RO22.3 million ($57.7 million) for the implementation of several key infrastructure work at the Special Economic Zone Authority in Duqm (Sezad), said a report. The scope of work includes design and

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Telecom Egypt to spend $393m on infrastructure

Telecom Egypt (TE) will spend E£3 billion ($393 million) on its infrastructure development this year, the telecom company's chief executive officer was quoted as saying. The company received a revenue of E£1.2 bill

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Bahrain’s infrastructure projects highlighted

Bahrain's plans to roll out a raft of infrastructural, transport and housing projects have been given wide-ranging coverage in a special anniversary report produced by the global publishing, research and consultancy firm Oxford Business Grou

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Infrastructure boom fuels Mideast power cables market

The Middle East power cables market has witnessed dramatic growth over the past decade due to large investments in the power, oil and gas, infrastructure and construction sectors, said a report. The market will continue its uptren

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Infrastructure boom fuels Mideast power cables market

The Middle East power cables market has witnessed dramatic growth over the past decade due to large investments in the power, oil and gas, infrastructure and construction sectors, said a report. The market will continue its uptren

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Kuwait to award $47bn infrastructure projects

Kuwait is set to award about KD14 billion ($47.2 billion) worth of projects this year, almost double the value of contracts awarded in 2014 in line with its strategy to develop the country's infrastructure, according to a report. La

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Army eyes key role in Egypt infrastructure projects

Egypt's military could help build an industrial hub around a new Suez Canal, the project's manager said, the first suggestion that the armed forces may play an important role in the huge investment venture planned alongside the new water

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