Construction activity across the Gulf region remains robust, supported by strong project execution and rising demand for building materials with concrete works up 10-13% and reinforcement steel up 16%, said a new report. The GCC currently has about $951 billion worth of projects under active execution.
Diriyah Company, the developer of Saudi Arabia's premier historical, cultural, and lifestyle destination, has achieved a major construction milestone with the completion of 7,193 cu m of concrete pouring within a record 15.5 hours for the Gyratory Tunnel Extension in Phase II of the giga Diriyah project.
Wynn Resorts and Marjan have achieved a major construction milestone with the topping out of Wynn Al Marjan Island, the region’s first fully integrated resort in Ras Al Khiamah. Rising to 283m across 70 floors, the tower has achieved its highest structural concrete point.
The concrete community came together in Baltimore, Maryland, US, in celebration of the 200th ACI Concrete Convention, the world’s gathering place for advancing concrete.