Construction & Real Estate

Korea Western Power lands $460m Oman solar plant order

Leading South Korean group Korea Western Power has secured a major contract from Oman Power & Water Procurement Company (OPWP) to build a 500MW solar power plant in the city of Mana at Dakhiliya, 170 km southwest of capital Muscat. 
 
The project was awarded by OPWP in two separate orders in 2019 - Manah 1 (500MW) and Manah 2 (500MW). Once completed, it will be the largest solar power plant in Oman, reported Business Korea.
 
The Korean group had announced that it had been selected as the preferred bidder for the 500 MW Manah 1 solar project being set up at an investment of about 600 billion won ($460 million). 
 
Work on the project is set to begin in the second half of this year and is likely to be completed in March 2025, stated the report. 
 
As per the deal, Korean Western Power will provide operation and maintenance services for the plant on completion. OPWP will be purchasing power from the Manah plant for the next 20 years, it added.

Construction & Real Estate

Red Sea unit signs MEP deal with Alec for iLMi project

Red Sea International Company has announced that its subsidiary The Fundamental Installation for Electric Work Company  has recently signed a contract with ALEC Saudi Arabia Engineering and Contracting to execute mechanical, electrical, and plumbing (MEP) works at iLMi Science Discovery and Innovation Center Project, according to a filing in Saudi Exchange.
 
The project is located in Mohamed Bin Salman Non-profit City in Riyadh.
 
The SAR266.997 million ($71.16 million) contract's scope of work covers supply, installation, testing, commissioning, and handing-over of mechanical, electrical, and plumbing works for the project.
 
The work includes deep utilities and under-slab MEP works, VT Package, kitchen equipment, signage and graphics, landscaping, PV systems and museum exhibits, said the filing.
 
The project comprises nine levels of main exhibition galleries, amphitheater, classrooms, auditorium panoramic café, internal gardens, and administration offices.
 
The duration of the contract is 636 days.
 
The Fundamental Installation for Electric Work is a local market leader and one of the top standalone MEP contractors delivering world class projects via end-to-end solutions that provide integrated design, engineering and construction services in the field of MEP works. -TradeArabia News Service

Construction & Real Estate

Arco Turnkey Solutions acquires Laing O’Rourke Joinery

Arco Turnkey Solutions, a leading provider of integrated construction services in the UAE, has announced the acquisition of Laing O’Rourke Joinery, one of Dubai’s largest and most reputable joinery companies in the UAE. 
 
This move underscores Arco’s commitment to enhancing its in-house capabilities and bolstering its position as a top-tier turnkey construction partner in the region, the company said.
 
Founded in 1984 and headquartered in Dubai, Arco has established a reputation for providing comprehensive turnkey construction solutions. The company has completed a wide range of projects for prestigious clients such as Emaar, Dubai Holdings real Estate, Nakheel, Expo City, Meraas, Aldar, Al-Futtaim, and Landmark. 
 
In recent years, Arco has evolved from being a market leader in fit-out works in the UAE to becoming the preferred general contractor for customised construction solutions for major developers in the region. This growth is based on the development of unique in-house capabilities in engineering, project management, and manufacturing, allowing for the seamless execution of high-quality, complex projects for valued clients.
 
With the integration of Laing O’Rourke Joinery’s 50,000 sq m facility in Jebel Ali Industrial Zone, Arco's capacity to design, produce, and deliver premium joinery products on a large scale has been significantly enhanced. This further strengthens Arco’s position as the “one-stop solution” for high-end fit-out projects in the region, the company said.
 
Combined with its existing resources, Arco now boasts a 70,000 sq m production hub supported by over 2,000 skilled production operatives. This advanced facility positions Arco to manufacture premium joinery components at scale and to evolve into a multi-trade fit-out manufacturing powerhouse. The expansion seamlessly integrates with the company’s established business model, reaffirming its status as an industry leader.
 
“This acquisition is a pivotal milestone in Arco’s growth trajectory,” said Hadi Abbasi, Founder and Chairman of Arco Turnkey Solutions. “By integrating Laing O’Rourke Joinery into our assets, we are reinforcing our ability to provide integrated, high-quality in-house solutions that cater to the rapidly evolving needs of the UAE’s hospitality sector and beyond. We remain committed to pushing the boundaries of construction innovation, enabling us to bring our clients’ most ambitious projects to life.”
 
This acquisition also positions Arco at the forefront of modular construction, as the facility has already manufactured thousands of modular units and pods for landmark projects in the UAE, Qatar, and Saudi Arabia, it added. - TradeArabia News Service