Home News 53 billion dirhams .. the cost of the 10 largest projects under implementation in the UAE

53 billion dirhams .. the cost of the 10 largest projects under implementation in the UAE

by Dubai Forum
0 comment

Yousef Al Arabi (Abu Dhabi)

The total cost of the 10 largest projects under implementation in the United Arab Emirates amounted to about 53.14 billion dirhams, according to data from BNC Network, which specializes in monitoring projects in the Middle East.
The data obtained by Al-Ittihad indicated that the time frame for the implementation of the projects on the list of top 10 projects spans between 2023-2028.
The list included the first and second phases of the Hassyan power generation project, package “D” of the second phase of Etihad Rail, the development of the Dalma offshore surgas field, the underground oil storages in Fujairah and the Guggenheim Abu Dhabi Museum project.
The list also included a waste-to-energy treatment unit in the Warsan area of ​​Dubai, the fourth phase of the Azizi Riviera project, the Umm Shaif field development, an ammonia production project based on green hydrogen and finally the North Baniyas residence. project.

Hassyan for power generation
The cost of the first and second phases of the Hassyan Power Generation Project is 12.47 billion dirhams ($3.4 billion), which tops the list of the largest projects under implementation in the country in terms of cost. The project developed by the Dubai Electricity and Water Authority is scheduled to be completed during the third quarter of 2023. The Hassyan project is one of the largest power plants in the GCC, the plant is designed to be “best in class” in terms of efficiency and thus reducing fuel consumption and emissions from fuel gas, and the plant complies with the strictest environmental regulations.
The project includes the conversion of a coal-fired power plant to a natural gas-fired power plant with a capacity of 2,400 MW in Saih Shuaib, and it will consist of four power units of 600 MW each.

union train
The cost of the second phase of the Etihad train package “D” is about 5.8 billion dirhams and is scheduled to be completed during the third quarter of next year.
The project includes the construction of package “D” of the Etihad Rail network – second stage, which will extend from Sharjah to Fujairah for a distance of 145 kilometers, providing connectivity to the port of Fujairah and as a continuation of the second stage, package “C” from Dubai to Sharjah.

Delma field
The cost of developing the Delma offshore surgas field is around 5.5 billion dirhams ($1.5 billion), and the project, which is being developed by the Abu Dhabi National Oil Company “ADNOC”, is likely to be completed during the last quarter of 2025 The project aims to develop the Delma gas field located in the shallow waters south west of Abu Dhabi city.
The oil field is located west of the offshore lands of the Emirate of Abu Dhabi and the development of the field is of strategic importance and is expected to add 340 million cubic feet per day of gas production.

oil storage tanks
The cost of building underground oil storage depots in Fujairah is about 5.5 billion dirhams ($1.5 billion). The project, which is being developed by Abu Dhabi National Oil Company (ADNOC), is scheduled to be completed during the last quarter of 2023.
The project includes the construction of the largest crude oil storage in the world in Fujairah. The total storage capacity of the huge strategic underground oil storage will be 42 million barrels of crude oil stored in three storage tanks, each with a capacity of 14 million barrels, deep below the ground surface.

  • Sculpture by the Guggenheim Abu Dhabi Museum (archive)
    Sculpture by the Guggenheim Abu Dhabi Museum (archive)

Guggenheim Museum
The cost of the Guggenheim Abu Dhabi Museum project amounts to 5.14 billion dirhams ($1.4 billion). The project, which is being developed by the Department of Culture and Tourism – Abu Dhabi, is scheduled to be completed in the second quarter of 2025. The project includes the construction of a museum with an area of ​​41,800 square meters located in Abu Dhabi and includes 18,000 square meters of exhibition space and a theater. It has 350 seats, a research center, classrooms, a maintenance lab, a library, several food and beverage options, and a retail outlet. Guggenheim Abu Dhabi is located in the heart of the cultural district on Saadiyat Island and is the fruit of a constructive collaboration between the Department of Culture and Tourism – Abu Dhabi and the Guggenheim R. Solomon Foundation. The Guggenheim Abu Dhabi reflects the vision of the Emirate of Abu Dhabi, which aims to consolidate its position as a leading cultural destination in the region and a center for artistic and cultural exchange.
Guggenheim Abu Dhabi plays an important civic role through its vision, which aims to promote awareness and interest in international modern and contemporary art and provide an important creative platform for artists from around the world.

North Baniya’s residence
The list included the North Baniyas housing project, which costs 3.2 billion dirhams and is scheduled for completion during the third quarter of 2024. The project is part of the initiatives of the Abu Dhabi Development Accelerators Program “Ghadan 21”, and approved the allocation of works for the first phase of the project for Modon Ejendomsselskab to build 1,365 homes for citizens.
The project consists of phase 1A and phase 1B and consists of 615 villas and 750 villas respectively.

Converting waste into energy
The list of the top 10 projects underway in the UAE included the Waste-to-Energy Unit Project in the Warsan region.
The cost of the project amounted to 4.4 billion dirhams ($1.2 billion) and is scheduled to be completed during the last quarter of 2024. The project includes the construction of a waste-to-energy (WtE) plant that covers a total area of ​​400,000 square meters, which will process a full capacity of 5,666 tons per day, with an annual capacity of 1.9 million tons.

Dear Rivera
The list included the fourth phase of the “Azizi Rivera” real estate project, costing 3.67 billion dirhams (one billion dollars), scheduled for completion in the third quarter of 2026.
The project includes the construction of the fourth phase of Azizi Riviera, which will consist of 21 mid-rise residential properties with a total of 5,061 units comprising approximately 2,606 studios, 1,579 one-bedroom and 876 two-bedroom residences.

Umm Shaif Field Development
The list included the project for the first phase of the long-term development of Umm Al Shaif, at a cost of 3.67 billion dirhams, which is scheduled to be completed during the last quarter of 2025. The work of the project includes two main groups, aiming the first package on removing capacity constraints in Umm Al Shaif Offshore, while the second package includes many marine facilities, including including three new wellhead towers.

Hydrogen production from ammonia
The list included a project to produce ammonia based on green hydrogen at a cost of 3.67 billion dirhams (one billion dollars), which is scheduled to be completed in the second quarter of 2028. The project includes the construction of a plant to produce green ammonia in the Khalifa Industrial Zone in Abu Dhabi.
The facility, which will be developed in two phases, will in the near future be powered by a dedicated 800 MW solar power plant in KIZAD with a capacity of 100 MW in the first phase. The station will use solar energy to break down water and split molecules into hydrogen and oxygen.

DF

You may also like

Leave a Comment

About Us

Dubai Forum your daily news roundup covering news from Dubai, the United Arab Emirates and the Middle East region in general.

We share news about #people, #travel, #fashion, #startups and #Dubai #communities #DubaiForum

Feature Posts

Newsletter