Dubai Courts awards car-park PPP
Dubai Courts has awarded Park line the development of an automated car-park facility, which is expected to be the largest in the world, through a public private partnership.
Park Line is a joint venture between Next Generation Parking (NGP), a KBW Investments company, and ITNL Infrastructure Developers, a subsidiary of IL&FS Transportation Networks (ITNL).
This is the first project developed under the new Dubai's PPP law introduced in November.
The Dubai Supreme Court complex will have a total area of 55,742 sq m. It will include, as well, the construction of a new Supreme Court building, with a built-up area of 4,420 sq m in which will be located over 50 Supreme Court judges. Additionally, it is expected to be built 18,600 sq m of office space and 3,154 sq m of retail space.
The project is scheduled for completion in 30 months.
Country news
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April 08, 2016
UAE's FEWA seeks interest for desalination plant through PPP
UAE’s Federal Electricity and Water Authority (FEWA) has received expressions of interest (EOI) to develop the Sea Water Reverse Osmosis (SWRO) desalination independent water PPP project located in the Emirate of Umm Al Quwain.
Read more -
February 24, 2016
Dubai´s RTA enhances project and extends deadline of PPP project
Dubai's Roads and Transport Authority (RTA) has announced the extension of the deadline for submitting documents for pre-qualification of potential bidders for the design, construction, financing, operation and maintenance of the Union Oasis project until the 28 February. Read more -
February 10, 2016
DP World appoints new CEO, warns of difficult times for trade
DP World announced on February 8th the appointment of Sultan Ahmed bin Sulayem as Group Chairman and Chief Executive Officer with immediate effect. Read more -
February 05, 2009
Abu Dhabi's highway tender gets a lot of interest
It is estimated that there has been an increase of 60% in the use of PPPs worldwide and this growth is rapidly embracing the United Arab Emirates. Read more -
September 15, 2010
UPDATE 2. Advisor appointed for UAE's Union Railway Project
We have already talked about rail PPP projects in the Middle East: Read more
