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MAYIS 2009


									MAYIS 2009


Abu Dhabi's first metro lines will connect the city's
Abu Dhabi Chamber of Commerce & Industry-Information & Decision Support Center 2of18 Abu Dhabi's
Department of Transport, gave firms bidding for the consultancy services contract for the metro a tender
addendum that revised the project's scope.
The tender, which has a closing date of 13 May, covers the design and construction supervision for the
scheme.At least four major groups are preparing to bid for the project. The groups include a US team of
Aecom and Parsons Brinckerhoff; UK-based Atkins with Australia's Bovis Lend Lease; US-based Parsons
International, UK-based Mott Macdonald and Halcrow, also of the UK; and France's Systra, UK-based
Arup and Denmark's Cowi.Abu Dhabi wants to build most of the network underground.The Abu Dhabi
urban master plan for 2030 outlines a metro running through tunnels along Abu Dhabi island to Hamdan
Street,connecting with Saadiyat island

Solar: the cost of going green
Abu Dhabi is betting that the sun will be the source of much of the emirate’s electricity in 10 years, and
policy makers are trying to figure out how to do it most economically.A new energy policy due for release
this month is expected to rely mainly on gas-fired power stations and nuclear reactors,but at least 7 per cent
of electricity will be generated by renewable by 2020, of which solar power is expected to take the leadrole.
With its decision to go green, the government has become a major stakeholder in an old debate within the
solar industry: is it more cost-efficient to use the heat of the sun to generate power, or transform the
sunlight directly into electricity through hitech semiconductors?
Masdar, the firm charged with developing renewable energy across the emirate, is experimenting with both
types of technology.

In Madinat Zayed, it is building the world’s largest single-site solar thermal plant, which will generate up to
125 megawatts (Mw) of electricity by concentrating the heat of sunlight. At Masdar City, its signature zero-
carbon development on the edge of the capital, photovoltaic panels will dot nearly every building and play
a crucial part in powering businesses and homes.Both technologies have their advantages, which each side
is quick to note. High-efficiency silicon solar panels can be installed just about anywhere; thin-film panels
are cheaper but take up more space. Solar thermal plants sprawl across a vast area and must be located
further from customers, but they have produced electricity efficiently for decades at the lowest costs in the
industry to date.In the vast inland deserts of Abu Dhabi, where conditions for solar-light collection are
perfect, availability of space is not as much an issue as cost.Expatriate residents are accustomed to paying
Dh0.15 per kilowatt-hour (kWh), the standard measure for electricity consumption, while Emiratis pay
Dh0.05, both among the lowest rates in the world. Any type of alternative energy, whether the bill or
passing the costs on to consumers solar or nuclear, will doubtless cost more than that to produce, leaving
the government with the unenviable choice of footing

Firms set to express interest in Louvre Abu Dhabi
Abu Dhabi's Tourism Development & Investment Company (TDIC) has invited firms to
express interest in a contract to build the Louvre Abu Dhabi on Saadiyat island. Interested
companies must have a minimum turnover of $1bn, 1,000 professional employees, and they must have
undertaken five projects worth more than $500m over the last five years. TDIC also requires bidders to
have had no major change in shareholding over the last six months.The museum is one of five cultural
institutions planned for Saadiyat island's cultural district.The others are the Sheikh Zayed National

Museum, the Guggenheim Abu Dhabi Museum, a performing arts centre and a maritime museum. Planning
for the Louvre Abu Dhabi follows a 30-year cultural accord sealed in 2007 between the governments of
Abu Dhabi and France.The accord allows the Abu Dhabi Louvre to borrow masterpieces from major
French museums, including the Louvre in Paris, for a period of six to 18 months.

Abu Dhabi to rebuild old schools
Old, cramped and dilapidated state schools are to be torn down and 30 new ones will be built in a major
upgrade of the system.Schools lacking gymnasiums, shaded play areas, libraries, canteens or auditoriums
will be the first to undergo improvements, the Abu Dhabi Education Council (ADEC) said. The
Government runs 301 schools which serve about 121,000 students,“We are going to target the schools that
need to be replaced because of their age and their design first,” said Mugheer al Khaili, the director general
of the ADEC.Fifteen new school buildings will be completed by 2011 and another 15 the following year.
Old buildings will be replaced and some new schools will be opened to respond to growth in Abu Dhabi.

Mohammed al Hammadi, the principal of Al Bayraq School in Al Ain, has issues with the lack of sporting
facilities.“In Al Ain there are something like 135 schools and just two schools have swimming pools,” he
said. Mr al Hammadi’s school was built in 1972 and he says it needs updating. There is no high-speed
internet and classrooms are small. There is a small hall where students participate in wrestling and
theatre.Although a lack of shaded playgrounds and rundown gyms are some of the dominant problems,
schools also suffer from negligence in the maintenance of the buildings themselves.

Dh5 billion Abu Dhabi Salam Street upgrade project is on
The Dh5 billion Salam Street upgrade project, Abu Dhabi’s ambitious project to improve its road
infrastructure, is on schedule and about 37 per cent of the first three projects (of total four) have been
completed, officials said on during a media tour to the work sites. "The fourth project will be awarded soon
and the construction will begin in the near future," the officials said.The projects, to be completed by the
end of 2010, will increase the capacity of Salam Street by 100 per cent, from 3,000 cars per hour to 6,000
with nonstop 'green drive' without the hassle of traffic signals. The senior officials term it as green drive as
the straight road will minimise the air pollution by reducing the fuel consumption.

The first project, comprising 3.5 kilometer-long tunnel (with covered area of 2.3 kilometres), one of the
longest tunnels in the region, has been 27 per cent completed, said Ahmad Saleh Bakhit Al Sayari, Section
Head of Contracts and Quantity Surveying, Road Sector and Technical Services. The detours and
excavation work for the Dh3.1 billion project (first) is in progress, he said. About seven temporary
pedestrian bridges have been installed on Salam Street, which may remain permanently to support
pedestrian movements, Al Sayari said.The construction of two tunnels under project two, near Khalifa Park
and close to Makhta Bridge, have been 45 per cent completed, said Mohammad Ahmad Al Katheeri,
Project Manager. The structure of the two tunnels of 850 meters long each will be completed by February
2010 and will be operational by August 2010, he said. About 800 people are working on the Dh817 million
project from May 5, 2008, Al Katheeri added.Project three, comprising two tunnels and a bridge, has been
40 per cent completed, said Yasir Al Ani, Resident Engineer of Parsons. "The first tunnel in the project,
near the sea palace, is about 900-metres long”.The second tunnel is about 850-metres long, which is located
at the junction of Hazza Bin Zayed Street (Defence Street) and Salam Street. Construction of the bridge,
connecting Hazza Bin Zayed Street and Al Reem Island, is also progressing, he said. More than 1000
workers and about 70 engineers are working extended hours in Dh800 million project, Al Ani said. "It will
be completed by April 2010."

Mubadala works on capital expansion
Just over a year ago, Mubadala Real Estate and Hospitality emerged as a property development force in the
capital with major projects on Sowwah Island and Zayed Sports City. Now the group is ready to increase its
role in Abu Dhabi, according to an analysis of the company’s annual report and a copy of a new bond
prospectus obtained by The National.Mubadala, the investment arm of the Abu Dhabi Government, has
been granted about 584 million square feet (5,425.7hectares) of land in Abu Dhabi, the data show.The
enormous land bank, more than 6 per cent larger than the holdings of Aldar Properties, suggests the group
is set to make significant forays into developing projects on Reem Island and the new Capital City planned
for the outskirts of Abu Dhabi.The real estate division is also emerging as one of Mubadala’s most
profitable segments. While Mubadala had a net loss of Dh11.8bn (US$3.21bn) last year,the Real Estate and
Hospitality division generated Dh737.4 million of operating income and had profits of Dh612.2m, the
group said in a prospectus for $1.75bn worth of bonds that it announced last week it was offering to the
market. “Very clearly, Mubadala is playing a strategic role in Abu Dhabi and its real estate activities are no
different,” says Blair Hagkull, the head of the property consultancy Jones Lang LaSalle for the Middle East
and North Africa. “They have a tremendous stable of projects and are bringing together global best practice
in the partnerships they are forming.”Mubadala Real Estate and Hospitality has already announced a
handful of large projects such as the Dh5.7bn Sowwah Square project on Sowwah Island, which will
include a new home for the Abu Dhabi Securities Exchange, and Arzanah, a 9,000-unit residential project
at Zayed Sports City.

Mubadala officials said they were not ready to release details of future developments, but Waleed al
Muhairi, the chief operating officer, said in an interview last week with The National that the general plan
for any development in the capital had already been laid out by the Urban Planning Council (UPC).“We
take care of the details,” he said. “We have the freedom to work within those constraints.”For instance, the
new Capital District is designed by the UPC to be a central area for “Government, academic and
knowledge-based sectors”, including new universities and hi-tech businesses.Mubadala is building a
Dh4.1bn campus there for Zayed University that will take up about 8.3 million sq ft. It still has another 79
million sq ft of land in the area, according to the annual report. On Reem Island, Mubadala is building a
Dh1.6bn campus for the Paris-Sorbonne University that will accommodate 2,000 students on about
1,076,390 sq ft of land. Mubadala has another 2,195,839 sq ft of land on the eastern part of the island,the
annual report says.Another major holding for the company is the island of Abu al Habil, a thin piece of land
that juts to the west of Yas Island, where Aldar is building a Formula One racetrack. The island is part of
the new motorway that runs from Sheikh Zayed Road through Yas and Saadiyat islands to Mina Zayed.
The UPC has designated the island as a national park, so it is unclear whether buildings will be allowed. If
so, one possibility for some of this land is hotels. Mubadala has a partnership to develop with the KOR
Hotel Group of the US, as well as a 50 per cent equity stake in thegroup. Mubadala says in its bond
prospectus that it plans to build 10 hotels in Abu Dhabi under KOR Hotel’s two brands,Viceroy and The

Reem island readies for first arrivals

Once a desolate and wild strip, the tiny Reem Island adjoining Abu Dhabi's coastline will soon cease to be
a lonely place as it braces for first human arrivals for living this year.Located less than 100 metres from the
nearest coastal point in the eastern flank of the capital, Reem, an Arabic for deer, has an area of one million
square metres."The island will be inhabited this year for the first time. The first stage of development has
almost been completed and that part of the island is now ready to receive its residents," said Wisam Al
Badwi, Senior Manager of Sales and Marketing at ThreeSixty Estate Management, an affiliate of the Abu

Dhabi-based Tamouh Properties, which controls almost 60 per cent of Reem development."The island will
be linked to Abu Dhabi's mainland and nearby islands by 13 bridges. Three of them have been
completed.One of them will be inaugurated later this year and will be used by Reem residents to cross to
Abu Dhabi."It will be able to accommodate about 100,000-200,000 people once the four stages of
development are finished by 2016.The Reem island would have such a high housing capacity because of
what he termed its vertical development as most of its buildings are high-rise towers."For our part of the
development, we expect around 110,000 to 120,000 residents. The total population of the island could be
between 100,000 and 200,000." "Most of the residents of the island are those who already live in the UAE
but we have sold some to foreigners. Most of the
property on the island has been sold out, perhaps more than 95 per cent. In the next one or two years. I
expect the rest to be sold as there still a strong demand."Badwi said Tamouh and other Reem developers
are pushing ahead with the projects to complete them on time. He said there would be no delays despite the
repercussions of the global financial turmoil on the region.Work on Reem began in 2007 and the first
phase, the Marina Square, has almost been completed and will be inaugurated before the end of this year.

The second phase, The Cove, will be delivered in 2011 and the third stage, City of Lights, will be ready by
2012. The final phase, the Central Business District will be launched by 2016, when the island will fully be
inhabited.Besides bridges and causeways, Abu Dhabi is also constructing the Middle East's longest tunnel
opposite Reem to avert possible traffic congestions. The tunnel will run just under Al Salam street while a
causeway will connect the new junction at the entrance of the tunnel with Reem.Al Reem master plan
started with a maximum residential population of 344,000.Al Reem, just opposite the Meridian hotel, is
being developed by Tamouh, Sorouh (Shams Abu Dhabi), and Reem Investments.According to the Abu
Dhabi Department of Economic Development, projects cover nearly 200 islands and their total costs could
exceed Dh150 billion within five years. Other major projects are expected to be carried out beyond that
period at a cost of nearly Dh700bn.

Masdar to invest in British wind farm
Masdar, the Abu Dhabi renewable energy company, and two foreign partners are to invest €2.2 billion
(Dh11.01bn) in what ill be the world’s biggest offshore wind farm after the British government said it
would throw a financial lifeline to the project.The London Array, in the Thames estuary, is a major part of
Britain’s plan to develop green power and reduce greenhouse gas emissions, but was threatened with
cancellation after the global financial crisis meant sources of funding dried up.“We saw many direct
benefits of investing in the London Array project,” said Dr Sultan al Jaber, the chief executive of Masdar,
which has 20 per cent of the project. “The London Array has been determined to be a commercially viable
project with stable returns.”The British government last month offered £4.5bn (Dh25.06bn) in funds for
offshore wind power, directed in large part at the London Array, which will generate 630 megawatts (Mw)
of electricity from 175 offshore turbines in its first stage.

Al Maabar International launches Bab Al Bahr
development in Rabat
Al Maabar, an International real estate development firm, today launched the second phase of Bab Al Bahr
project, a joint venture with Morocco's Bouregrag River Development Agency.H.H General Sheikh
Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of theUAE
Armed Forces and HRH Prince Moulay Rachid of Morocco attended the launching ceremony."Al Maabar's
project calendar is congested this year with major infrastructure developments, said Yousif Al Nowais, Al
Maabar's Managing Director."It is a proof to the company's long term commitment in Morocco. We are
working closely with our partners to deliver theproject as per the schedule," he added.The mixed-use
project will be built on a 55,000 square meter area. It is comprised of residential and commercial buildings,
a 5-star hotel, hotel apartments, office buildings, shopping centers, a theatre, arts city, a tunnel, a bridge and

full amenities and facilities will be built on an area of 7 million square feet on the estuary of Bouregrag
River on the Mediterranean.The 7 specialized districts of Bab Al Bahr feature a mixture of Andalusia and
local modern architecture of Rabat and Sala cities.The project is scheduled for completion by 2012.

Abu Dhabi company building accommodation for
The Tourism Development and Investment Company (TDIC), Abu Dhabi's major tourism asset developer,
is building a Dh1billion labour accommodation facility on Abu Dhabi's Saadiyat Island, the first cluster of
which would be ready by July to accommodate 5,000 workers."By March 2010 the three remaining clusters
of Phase 1 will be open, accommodating a further 15,000 workers with the potential to add clusters in the
future to accommodate a total of 40,000 workers when required," Bassam Terkawi, Director for Public
Relations and Events at TDIC, told reporters at a news conference on the island.The construction village on
Saadiyat Island is part of our ongoing plans to establish a good benchmark for the region, and Abu Dhabi in
particular, which we feel is vital for our future success," he added. He said that the size of the labour
accommodation would be increased to accommodate 40,000 workers, depending on the progress on the
construction of
different districts on Saadiyat Island.Workers will not be charged to utilize the facilities, instead the cost
involved in accommodating them will be shared by TDIC and the contractor involved.TDIC is a master
developer of major tourism destinations in Abu Dhabi and engages various contractors and sub-contractors
for its projects.

Yas Island Hotels nearing completion
Interbeton Abu Dhabi nv LLC has completed the first floor of guestrooms on the Crowne Plaza Hotel and
Staybridge Apartments Project, Yas Island, ready for handover to Aldar Properties PJSC. The soft opening
date for the Crowne Plaza with 428 rooms and Staybridge Apartments with 165 apartments is July 2009. In
less than 16 months the project has risen out of the ground with more than 56,000 cubic meters of concrete,
almost 10,000 tons of reinforced steel and with a total of 7 million man hours.This achievement being
another step towards project developer
Aldar's commitment to open the first hotels to the general public in September, with all hotels being open in
time for the Etihad Airways Abu Dhabi Grand Prix Formula 1 race, on 1 November.
Interbeton is also involved in the construction of the welcome pavilion which gives entrance to the Ferrari
Theme Park on Yas Island. The company is part of Royal BAM Group, a major European construction
group which undertakes project worldwide. In the course of 2009 Interbeton will pursue its activities under
its new name BAM International, adopting the name of its parent company..


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