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THE DEFINITIVE GUIDE TO THE REGION'S CONSTRUCTION PROFESSIONALS OP - ED Integral Role Of Fm PROPTECH Why owning your data is important INTERVIEW delivering Excellence D E C E M B E R 2 0 2 2 | C B N M E . C O M DIVERSIFYING TO EXPAND AND GROW IN CONVERSATION WITH HANI EL TANNIR, CHIEF EXECUTIVE OFFICER, AL MASAOOD GROUP INDUSTRIAL
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 3 DIVERSIFYING TO EXPAND AND GROW 12 FIT-OUT END-TO-END TURNKEY OFFICE DESIGN AND BUILD SOLUTIONS After successfully completing several design projects in the UAE and Qatar markets, the regional interior contractor is now confidently undertaking more commercial interior design and build projects 16 OP - ED INTEGRAL ROLE OF FM In Fostering Growth And Productivity Of Businesses 32 PROPTECH WHY OWNING YOUR DATA IS IMPORTANT In conversation with Prabhu Ramachandran, CEO & Co-Founder of Facilio 36 CITYSCAPE 22ND EDITION OF CITYSCAPE Touring the exhibition, the CBNME team caught up with Sobha Realty, ARADA, Azizi Developments, and Dubai Investments to see what their latest project launches are 48 INTERVIEW DELIVERING EXCELLENCE THE FITOUT has established itself as one of the leading companies providing “TOTAL INTERIOR SOLUTIONS,” consistent with the highest standards of quality and services 52 SUSTAINABLITY THE SUSTAINABLE CITY YITI outlines commitment to Oman 56 REGENERATION PROJECT THE ELLINIKON Lamda Development is launching The Ellinikon Experience Centre: the largest visitor centre of its kind to kick-start an ambitious €8 billion urban regeneration project near Athens, Greece – currently the largest project in Europe In conversation with Hani El Tannir, Chief Executive Officer, Al Masaood Group Industrial 26 IN THIS ISSUE CBNME 16 60
10 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM EDITOR’S NOTE CBNME A nother year, another milestone for the construction industry. Pinned on the back of increased investments in the Middle East due to Expo 2022 Dubai, KSA Vision 2030, and the FIFA World Cup 2022, developers have backed themselves to introduce ambitious projects across the Middle East. While visiting Cityscape developers such as, Arada, Sobha, and Azizi, showcased their latest projects and proved there was a hunger in the market for 2023. Amid a booming UAE-wide buoyant market that is expected to see eight per cent growth in residential properties between 2022 and 2027, and more than 550,000 new homes built in Dubai alone in the next 10 years. Expanding beyond Dubai, the middle east construction market includes a wide range of activities covering upcoming, ongoing, and growing construction projects in different sectors, which include but are not limited to geotechnical (underground structures) and superstructures in residential, commercial, and industrial structures, infrastructure construction (like roads, railways, and airports), and power generation and transmission- related infrastructure. CEO Wissam Younane wissam@bncpublishing.net DIRECTOR Rabih Najm rabih@bncpublishing.net GROUP PUBLISHING DIRECTOR Joaquim D'Costa jo@bncpublishing.net +971 50 440 2706 MANAGING EDITOR Kasun Illankoon kasun@bncpublishing.net EDITOR Vibha Mehta vibha@bncpublishing.net EDITORIAL DESIGN Christian Harb MARKETING EXECUTIVE Aaron Joshua Sinanbam aj@bncpublishing.net PHOTOGRAPHER Alexander Bungas Keep up to date with all the latest news, features and much more on our website and social media platforms CBNME.COM Kasun Illankoon Managing Editor kasun@bncpublishing.net SUBSCRIBE subscriptions@bncpublishing.net For all commercial enquiries, contact jo@bncpublishing.net T +971 50 440 2706 All rights reserved © 2022. Opinions expressed are solely those of the contributors. Construction Business News ME and all subsidiary publications in the MENA region are officially licensed exclusively to BNC Publishing in the MENA region by Construction Business News ME. No part of this magazine may be reproduced or transmitted in any form or by any means without written permission of the publisher. Images used in Construction Business News ME are credited when necessary. Attributed use of copyrighted images with permission. All images not credited courtesy Shutterstock. Printed by UPP PO Box 502511 Dubai, United Arab Emirates P +971 4 4200 506 | F +971 4 4200 196 CBNME @CBNME CONSTRUCTION BUSINESS NEWS ME ANOTHER YEAR, ANOTHER MILESTONE
12 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM M odern design elements and sustainable practices are beginning to feature more dynamic spaces that can easily adapt to fit the needs of an ever-changing workforce. The best way to foster more collaboration and teamwork amongst employees is to ensure that their space is balanced to accommodate workstations and breakout areas for interactions with colleagues. Havelock One’s Architect and Design Manager - Maria Cristina Doctor, based in the UAE, and Interior Designer - Riyah Gravador, from our Qatar office, share their design approach. They also emphasise the benefits of working with a ‘One-stop’ solutions provider who can guide the clients on the design aspect and work together on a conglomeration of the scope involved with the project build. Q&A with Havelock One’s Design team – Maria Doctor (MD) and Riyah Gravador (RG): According to you, what are the significant factors influencing office/workspace design trends in 2022? MD: Collaborative workspaces offering agility and flexibility are some of the significant trends that have been created for offices, especially in this region where teams are composed of diverse backgrounds. This design trend draws each employee to engage more efficiently, helps build rapport and can inspire the employee to be more of a team player. We are now in the era of modern technology and viewing commercial spaces as a home away from home, so workspaces being agile and flexible is undoubtedly a primary consideration in office design trends. Sustainability AFTER SUCCESSFULLY COMPLETING SEVERAL DESIGN PROJECTS IN THE UAE AND QATAR MARKETS, THE REGIONAL INTERIOR CONTRACTOR IS NOW CONFIDENTLY UNDERTAKING MORE COMMERCIAL INTERIOR DESIGN AND BUILD PROJECTS BY HAVELOCK ONE INTERIORS CBNME FIT-OUT END-TO-END TURNKEY OFFICE DESIGN AND BUILD SOLUTIONS
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 13 is also widely embraced by many as it has benefited most companies in terms of productivity and a healthier workplace. Designing with efficiency and well-being in mind will add comfort to the users and suit any open space in buildings. RG: We are now in a post-pandemic world, and everything we have learned and endured for the past two years has changed and influenced how we design our current offices/workspaces. At Havelock One, employee wellness is a priority; hence, we adopt the best office design placement in our locations. And we ensure that our design proposals for offices are agile, biophilic and remote-work capable, which has been the office design trend for a few years now. Within enquiries received to date, is there a high demand for incorporating sustainability and green options in commercial properties? MD: Yes. As this advocates green practices and impacts the design and construction life cycle. Given Havelock One’s track record as a premium turnkey service provider in the commercial fit- out space, our team of professionals ensures that the materials we procure for our projects are responsibly procured and meet sustainability requirements. END-TO-END TURNKEY OFFICE DESIGN AND BUILD SOLUTIONS BY HAVELOCK ONE INTERIORS “SUSTAINABILITY IS WIDELY EMBRACED BY MANY AS IT HAS BENEFITED MOST COMPANIES IN TERMS OF PRODUCTIVITY AND A HEALTHIER WORKPLACE.” >>>
14 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM RG: It’s our design philosophy and has always been the major factor considered in our design. Having a sustainable commercial office/property not only helps the environment but also positively impacts office culture and well-being in the workplace. As most commercial properties do not consider sustainable design, we consistently implement a biophilic design in our office interior design projects. It is known that having an office environment with natural elements such as greenery, sunlight, and, if possible, natural ventilation increases well-being, productivity, creativity, and attention span. What is the demand/aspiration towards having AI and technology-embedded workspace? RG: We believe AI and technology are crucial in today’s workspace. We need to start implementing intelligent ways to ease the flexibility of working in the office and remotely. Innovative solutions such as smart video conference screens that double as a whiteboard and meeting room booking systems hugely boost efficiency and connectivity. In the next few years, technology and AI influence will grow as many offices now embrace anything that can make work efficient with task automation and machine-learning systems already in our hands. What is the process you follow taking a design brief from the client? MD: As I represent a brand and not just as an individual designer, I usually combine creative, analytical, and realistic approaches and present them to the client. My proposal is based on what I have filtered out of the broad range of ideas that won’t overwhelm them. We do inject design elements that tell the brand story within the given space. As being in the Design and Build industry, we also provide inception to implementation views at various stages for seeking client approvals. RG: Most of the time, WHILE taking the client’s design brief, I put myself in their place, how they feel and see things with their own eyes. After considering everything along with the site survey, I map the key points down and sketch my ideas on a piece of paper so that the visuals from my imagination are in black and white, and it will be my roadmap through the concept design. This roadmap is backed up with further research and the selection of finishes and materials through our vast collection of physical materials and FFE catalogues. One of the brands we deal with demands different looks, finishes and ambience in all branches. And this CBNME FIT-OUT
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 15 job turned both exciting and challenging to get a connection with the brand the moment you stepped into each of the different branches. We solved this with the right combination of design elements to sell the brand and its story. Do we offer solutions for ergonomic or tasteful furniture? MD: Yes. Ergonomics is a priority, and we even offer value engineering in the event of any budget constraints. RG: We have partnered with reputable and high- quality office/workspace furniture makers at all price points to suit every requirement. Havelock One Interior keeps ahead of the industry trends and has moved a lot deeper with the digitalisation of its factory ecosystem and changing how its people and processes operate. Adrian Sellar, Division Director for Fit-out in UAE, added: “Our interior design and setting-out teams are working with several creativity-aided design tools to adapt the design vision into reality. And, we are grateful and pleased that our manufacturing in Bahrain and our fit-out teams across the region continually deliver for prestigious and loyal customers”. “Our experience in adapting convenient acoustics and visual privacy where needed helps to provide a blueprint of the required office fit-out solution that appeals to the newer generations and new work modes. We are also conscious of the post pandemic office HSE aspects and have considered broadening our supply-chain partners to meet demands at reasonable terms”, commented Adrian. Havelock One offers a full spectrum of design- build services for commercial projects, and they are primarily focused on turnkey fit-out solutions for the industry. “OUR VALUES ARE BUILT AROUND 2 PILLARS: QUALITY WORK AND HONESTY, WHICH ARE THE TWO TRAITS WE FOUND ARE MOST VALUED AND CONSIDERED WHEN SELECTING FIT OUT CONTRACTORS.” END-TO-END TURNKEY OFFICE DESIGN AND BUILD SOLUTIONS BY HAVELOCK ONE INTERIORS
16 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME OP - ED Majority of organisations rely on a variety of activities and services to help them effectively and seamlessly manage their business operations. From faulty computers to water issues, ventilation problems etc, there are numerous facility-related problems that can hamper efficiency and cause less productivity in the workforce of an organisation. Lack of an appropriate reporting system or chain of command to handle facility-related issues would result in lower productivity among the employees, which in turn would affect the efficiency of the entire organisation. UNDERSTANDING INTEGRAL ROLE OF FACILITY MANAGEMENT GROWTH AND PRODUCTIVITY OF BUSINESSES IN FOSTERING BY GARY READER, GENERAL MANAGER AT SERVEU
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 17 UNDERSTANDING INTEGRAL ROLE OF FACILITY MANAGEMENT F acilities Management (FM) is a comprehensive term that lays emphasis on building efficiency and providing long-term success in a variety of fields including real estate, operational finances, human resources, maintenance, and information technology. It is rather vital in any business, as it guarantees a safe and comfortable environment for both employees and customers, ensures that the business operates in order, as well as aids in boosting employee productivity. Facilities management encompasses everything having to do with a company’s physical assets and facilities, and it has a direct impact on the expansion of the company’s productivity. If the physical assets and facilities of a company are not well-managed, businesses may fail in their efforts to increase its efficiency, as it would disrupt the working order. So, facilities management plays an integral role in fostering the productivity of the employees of the company, given that even the nominal minutiae of day-to-day operations, such as cleanliness, effective heating, and cooling systems, alarms, and security, can have a significant impact on the productivity growth of businesses. A facility management specialist or a facilities manager oversees these tasks and ensures the growth trajectory of productivity within the business. This is done by utilising the data from maintenance and >>>
daily operations reports, to determine the best solution for any problems that may arise and potentially have a negative impact on workplace productivity. Businesses that primarily prioritise FM can effectively resolve such inevitable functional failures and resume productivity as quickly as possible, which significantly contributes to success within the organisation. In recent years, technology has become a key component of businesses and the emerging digitisation may pose new difficulties for efficient facility management. At present, the FM managers are, however, well-equipped with the appropriate solutions and technologies to address problems right away. For instance, FM businesses are developing new techniques such as mobile applications that allow for work to be completed with a single click. A facilities manager may also help the business with updated resources in the event of an emergency maintenance issue, ensure that processes are effectively operating, and move from facility to facility to address any further potential issues. Facilities management, HR, and IT departments can all be integrated with the digital system to optimise the capacity of each department and improve workplace efficiency and retention. The FM service providers also take energy and sustainability into account, which further translates into reduced expenses and greater savings as well as an effective return on investment. Computer- aided facilities management can further offer the latest information available and lower the number of reported inaccuracies. With all these factors considered, business will be able to significantly lower its expenses, increase employees’ productivity, and enhance its customer service. Therefore, it is necessary for businesses to place FM services top in its priority list, if they wish to achieve success for their business, which can only be accomplished with an increased employee productivity. “A FACILITIES MANAGER MAY MOVE FROM FACILITY TO FACILITY TO ADDRESS ANY FURTHER POTENTIAL ISSUES.” CBNME OP - ED Gary Reader, General Manager at ServeU
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20 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME DIGITISATION T he construction sector is a major contributor to the economy and employs millions of people. However, it’s facing challenges when it comes to planning, management, and execution of projects. The lack of transparency in this industry has led to significant delays and cost overruns in projects across the world. In this article, we will discuss some ways through which digitization can improve efficiency in the construction sector by providing real-time insights into progress tracking, communication between stakeholders, and increasing productivity among employees through better collaboration tools Challenges facing the construction sector As we enter the digital age, the construction sector is also facing some major challenges. One of the biggest problems facing businesses today is miscommunication between stakeholders and delays in decision-making. This can cause many problems within a project and lead to unnecessary costs and time spent on reworks. Another issue faced by this industry is data silos, where information about projects and resources is not shared between departments or team members which results in lost opportunities for collaboration, efficiency, and productivity gains. What is digital construction? Digital construction can be defined as the process of digitizing all aspects of the construction industry, from design and planning to procurement, execution, collaboration, and communication. A digital construction system incorporates a set of technologies that can collect, analyze and share data across a large network of users. These systems can be integrated into existing infrastructure with minimal changes, or they can be customized to fit your needs. How can digital construction help with building project planning? While digitalization can have a significant impact on the overall efficiency of a construction project, it can also help you to manage costs and deadlines. For example, digital project management allows you to set milestones and monitor progress throughout the planning phase of your construction project. You can keep track of all upcoming tasks and subtasks, as well as assign different roles and responsibilities to each member of the team. This ensures that everyone is working efficiently LEVERAGE CONSTRUCTION EFFICIENCY DIGITAL TRANSFORMATION BY IBRAHIM IMAM, CO-FOUNDER, GROUP-CO-CEO, CEO MENA & APAC AT PLANRADAR
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 21 DIGITAL TRANSFORMATION LEVERAGE CONSTRUCTION EFFICIENCY towards achieving their goals, which means that you won’t run into any unexpected delays later in the process. Reducing the chaos in team communication Lack of communication between all parties involved could lead to > Problems with design or budgeting can delay completion by months if not years! > Costly errors and accidents. > Miscommunication of information could lead to mistakes being made or materials being ordered incorrectly. Regardless of the size of your project or team, digitizing the process can help to improve communication. Team members can get all project teams aligned and share information, data, and documents on the go. The right digital tool will allow you to easily share updates with all team members and keep everyone informed of progress. Digital collaboration and its impact on productivity Digital collaboration is the use of digital technologies to facilitate communication, coordination, and workflow with remote teams. These technologies include cloud- based storage and file-sharing platforms. The benefits of digital collaboration go beyond improved efficiency to better decision-making and increased productivity. Digital collaboration tools can be used by a project manager or team leader to engage their network of stakeholders in a collaborative environment that allows everyone involved in the project to access all relevant information at once. This allows them to get feedback faster than ever before, so they can make informed decisions on which trades need more time or money. Digital collaboration tools can also be used to create a digital repository of all project documents, like plans and construction drawings. This can be especially useful for projects that span multiple locations, as it allows everyone involved to access all relevant information at once. Data, analytics, and insights > Dashboards and data integration: Dashboards are a great way to visualize data in real-time, allowing you to see the big picture of your project’s progress. They can also be used for collaboration between stakeholders, enabling them to stay on top of what’s happening at any time. > Analytics: With analytics, you can find patterns in your construction process that may not have been visible before and use them to improve efficiency and reduce errors. > Insights from data: By analyzing your data, you can get valuable insights into how things are working or not working on-site. This helps you make decisions about when and where changes need to take place so as not to affect deadlines or budgets. These insights can also help with risk management as well as improving communication between different stakeholders involved with the project (e.g., owners, and designers). The construction sector is facing many challenges in today’s fast-changing world. However, with the right technology and processes, it can overcome these challenges and stay competitive. Digitizing your business processes will help you achieve this goal by improving efficiency and keeping costs down while at the same time increasing productivity. “DIGITAL COLLABORATION TOOLS CAN BE USED BY A PROJECT MANAGER OR TEAM LEADER TO ENGAGE THEIR NETWORK OF STAKEHOLDERS IN A COLLABORATIVE ENVIRONMENT THAT ALLOWS EVERYONE INVOLVED IN THE PROJECT TO ACCESS ALL RELEVANT INFORMATION AT ONCE.” Ibrahim Imam, Co-Founder, Group Co-CEO, CEO MENA & APAC at PlanRadar
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CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 23 UAE’S REAL ESTATE SECTOR CONTINUES TO BUILD MOMENTUM T he event celebrating the reveal of Burj Binghatti Jacob & Co Residences will take place on November 16th, 2022, at the largest multipurpose indoor stadium in the Middle East, Coca-Cola Arena, Dubai. Burj Binghatti Jacob & Co Residences coins a new term in upper-crust real estate: hypertower. Opening a new era in uber-luxury living, this unparalleled skyscraper aims to set a record as one of the tallest residential constructions in the world. In a great leap upwards, it stands opulently in the heart of Dubai’s most eminent financial district, Business Bay. The proposed design comprises over 100 stories that are made of lavish two-bedroom and three-bedroom residences. This jewel of a building features unique designs co-signed by and co-designed in the recognizable style of watchmaking and jewelry brand Jacob & Co and leading Dubai- based developer Binghatti. Burj Binghatti Jacob & Co Residences includes multiple levels dedicated to such amenities as an infinity pool overlooking the entire Dubai skyline, a luxury spa and a gymnasium. This hypertower also houses a dedicated concierge team, offering à la carte services such as daycare, bodyguard, chauffeur and private chef. “Today marks the significant partnership of two like-minded brands, both on an ever-striving pursuit of absolute elegance. Both our brands are born from the sheer desire to achieve what breaks boundaries. What Binghatti has done in real estate, by creating a brand through a distinct design philosophy and architectural identity is very similar to what Jacob & Co has done in the world of jewelry and horology”, says Muhammad Binghatti, CEO & Head of Architecture of Binghatti. Burj Binghatti Jacob & Co Residences explores the combined ingenious design languages of Binghatti and Jacob & Co. Speaking with one voice, they unfold distinct exterior silhouettes that speak to the design ethos of both internationally recognized brands. “We took inspiration from the complex horological movements that beat in Jacob & Co timepieces and we integrated them into the key elements of the tower. The diamond-shaped spires sitting at the peak of the tower are reminiscent of an actual crown, an ornament of unique finesse inspired by the design of Jacob & Co’s finely cut gems. This is the apex of the luxury narrative in this evocative construction, a signature feature that add further grandeur to the city’s skyline.” adds Muhammad Binghatti. Drawing inspiration from horological and high jewelry aesthetics, Burj Binghatti Jacob & Co Residences’ design is reminiscent of the baguette-cut gems Jacob & Co is renowned for. Entry-level residences will consist of two collections: The Sapphire Suite Collection consisting of two-bedroom residential units, and The Emerald Suite Collection comprised of three-bedroom units. BINGHATTI AND JACOB & CO PARTNER UNITING THEIR RICH HERITAGE AND ICONIC ARCHITECTURAL AND HOROLOGICAL CODES, POWER BRANDS BINGHATTI AND JACOB & CO INTRODUCE THEIR ULTRA-LUXURY DUBAI SKYSCRAPER. THE PROJECT, ‘BURJ BINGHATTI JACOB & CO RESIDENCES’, ASPIRES TO ACHIEVE THE RECORD FOR THE WORLD’S TALLEST RESIDENTIAL STRUCTURE. TO DEVELOP ULTRA-LUXURY DUBAI SKYSCRAPER >>>
24 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM In a symbolic reunion of words and facts, the top of Burj Binghatti Jacob & Co Residences harbors five of the most luxurious and exclusive penthouses in Dubai. Floating on top of the world, they offer boundless views of the city’s skyline, including Down-town and the Dubai Water Canal. “Inspired from our high watchmaking collections, these penthouses will consist of three types, each named after our flagship Jacob & Co timepieces Fleurs De Jardin, Astronomia and Billionaire. The interior design of the penthouse collection will be directly inspired by their unique aesthetics. As suggested by the name, the Billionaire Penthouse is the hyper tower’s jewel in the crown.” says Jacob Arabo, Chairman and Creative Director of Jacob & Co. Burj Binghatti Jacob & Co Residences hypertower is also home to an exclusive private club, featuring an extensive infinity pool. Its luxury amenities include a vast lounge as well as a private event area reserved for Jacob & Co. Materials, details and finishings are conceptualized and designed in collaboration with Jacob & Co’s designers whose attention to detail is being applied on a new, unprecedented scale and height. “This collaboration is a new way for us to apply our motto: “Inspired by the impossible”. It’s a commitment to break boundaries and push past limits. Our driving force is ingenuity and originality. It leads us to design jewels, watches, and now a hypertower, unlike anything the world has seen before. Burj Binghatti Jacob & Co Residences is an unheard-of achievement in the world of real estate and luxury, let alone watchmaking and jewelry”, adds Jacob Arabo. Apart from being involved in the entire design process of the hypertower, Jacob & Co will also be offering exclusively curated timepieces and jewelry, most of which are limited edition or unique pieces, that clients can purchase along with their residence. All interested parties will have the opportunity to register during the event that will be held on November 16th in Dubai. Such interested parties are to undergo a prequalification process to evaluate eligibility in this ultra-exclusive, invitation-only, jewel of a dwelling. CBNME PROJECT
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26 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM Tell us about your role with Al Masaood Group Industrial? As the CEO of Al Masaood Group Industrial, I oversee key business development activities and generate new revenue streams, mainly for the Group’s power, manufacturing, marine, and logistics supplies and solutions’ operations. My main focus is to foster sustainable development initiatives and ensure continuous innovation in our business strategies and offerings, as an organizational goal. This is to reduce our carbon footprint in line with the UAE’s sustainable growth agenda. In addition, I oversee Al Masaood’s industrial business transformation and advance the company’s plan to expand its B2B operations amid rapid market shifts and advancements. To do this, I work closely with our GMs and our internal support units. Tell us how Al Masaood Industrial performed in 2022 and how was it different from 2021? Al Masaood Group Industrial has been significantly growing and diversifying its commercial activities, with the majority of them being centered on the B2B side. We cater to major industries such as oil and gas, utilities, marine, heavy equipment and machinery, logistics, modular construction, automotive and accessories, and many more. We have further expanded into the manufacturing sector to create products and services that are specifically designed to satisfy the needs of each of our customers. This is in line with the UAE’s industrialization policy and the “Make it in the Emirates” campaign. Al Masaood Group Industrial has constructed some of the biggest repair and maintenance, remanufacturing, and operation facilities in the UAE to serve the nation and the region through our power, engineering, and industrial divisions. Through these facilities, we have focused on providing a wide range of innovative and sustainable industrial solutions, such as eco-friendly modular buildings, mobile solar applications, solar-powered EV charging units, and hydrogen system development. A network of vehicle servicing facilities and a steel fabrication division are also parts of Al Masaood Group Industrial. In addition, our Retail based Vehicle Accessorizing business has shown remarkable growth. CBNME COVER STORY In conversation with Hani El Tannir, Chief Executive Officer, Al Masaood Group Industrial DIVERSIFYING TO ANDGROW EXPAND >>>
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 27 DIVERSIFYING TO EXPAND AND GROW “WE HAVE FURTHER EXPANDED INTO THE MANUFACTURING SECTOR TO CREATE PRODUCTS AND SERVICES THAT ARE SPECIFICALLY DESIGNED TO SATISFY THE NEEDS OF EACH OF OUR CUSTOMERS.” CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 27
28 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME COVER STORY We also offer a wide range of industrial products and services through our recent and historical joint ventures with well-known global companies as well as through locally developed manufacturing solutions. Volvo Penta, MTU, UD Trucks, Renault Trucks, KSB, MAN Energy, Bridgestone, Total, ARB, Leroy Somer, and TCM are just a few of the main international names we are proud to have developed long term relationships with. Tell us how the different divisions under Al Masaood Industrial perform (automotive, modular construction, oil and gas) in 2022? Al Masaood Industrial consists of six different units - including Al Masaood Power Division, Al Masaood Commercial Vehicles and Equipment (CV&E), Projects and Engineering Services Division (PESD), Al Masaood Bergum LLC, Al Masaood Tyres, Batteries, and Accessories Division (TBA), and ARB Emirates. And all these industrial units have taken sustainability as a core component of their business agenda in line with the UAE Net Zero 2050 strategic initiative and UAE Sustainability Targets. Our new products and services that we are introducing across the sectors, particularly Power and Utilities, Oil and Gas, and modular units, are aimed at sustainability. For instance, Al Masaood Power Division unveiled SHAMS+, a smart solar charging solution, that is ideal for maritime ports, the desert, agricultural fields, and interstate roads because it runs entirely on solar power and doesn’t require a grid connection. Similarly, the division partnered with Sunstream International to introduce the next-generation plug-and-play solar system, the “Oryxbox”. Activities in the agricultural, oil and gas, mining, and road building industries can all benefit from this solution. Meanwhile, in its efforts to promote sustainable construction methods, Al Masaood Bergum has introduced cutting-edge revolutionary solutions including Hybrid Modular Solutions (HMS), Cross Laminated Timber (CLT), and Ultra-Fold Prefinished Modules. These technologies have reduced the amount of labor and carbon emissions generated during construction. “AL MASAOOD BERGUM HAS TAKEN ON EXECUTION OF MAJOR CONTRACTS FOR EXPORTS, STARTING IN THE GCC REGION, AND PARTICULARLY IN SAUDI ARABIA.”
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 29 DIVERSIFYING TO EXPAND AND GROW Tell us about the latest projects that are currently in the pipeline for Al Masaood? Apart from developments in our Power and CVE and PES Divisions, Al Masaood Bergum has taken on execution of major contracts for Exports, starting in the GCC region, and particularly in Saudi Arabia. We are excited about this opportunity which we see as the way forward for both Bergum and other Divisions within the Group. In terms of construction projects - tell us about the uniqueness of these projects? New materials and engineering techniques play a significant role in developing a sustainable construction industry. As a pioneer in modular and prefabricated building solutions, Al Masaood Bergum has introduced several innovative construction solutions to foster sustainable practices in line with the UAE’s ambitious on net-zero by 2050. Some of our latest construction solutions include Cross Laminated Timber (CLT), Hybrid Modular Solutions (HMS) and Ultra – Fold Prefinished Modules. CLT is a prefabricated engineered solid wood panel made from a highly sustainable carbon-sequestering material. It not only has excellent thermal and acoustic properties, robust structural capabilities, and other benefits, but it also accelerates construction by 40 per cent and makes better use of manpower by 30 per cent. Al Masaood Bergum also uses the rapidly expanding Hybrid Modular Solution (HMS), a cold-formed polymer, to make the construction process easier and products stronger. The building solution, which is employed in residential and commercial building constructions, is recyclable, quick to install, simple to transport, and requires little on-site labor. Meanwhile, Ultra – Fold Prefinished Modules are ideal for construction in villages and workforce accommodations in the Oil & Gas, Defence, and construction sector following an easy and quick installation process which takes five people just 17 minutes to assemble. Unlike conventional cement, the module is made from cement fiber, a mixture of Portland cement, fly ash, water and wood pulp that is bio-degradable and low in emissions to promote sustainable living due to the limited labour requirement for installation on site. >>>
30 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM Tell us about your latest partnerships and how is this growing your division? The fast-paced growth and development in the industrial sector of the UAE and beyond demands that we provide the latest technologies and innovations to help us better serve the customers. For this, we have partnered with leading companies across the world to bring global products and solutions to the country, ensuring that various local industries have access to the best and most recent technologies. In the recently concluded Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), we announced an agreement with Gulf Specialized Works (GSW), a KSA-based company, to deliver pipe cladding solutions in the UAE. We also renewed our partnership with S&W, a Korean-based company, to supply high- performance valves for the oil and gas industry. Earlier this year, we collaborated with Sunstream International to introduce the next-generation plug-and-play solar system, the “Oryxbox”. We also became a part of the Ta’ziz project, which was started by ADNOC and ADQ and aims to support and enable the expansion of the Ruwais Industrial Complex and Abu Dhabi’s chemical, manufacturing, and industrial sectors. We are concentrating on the potentials of light industrial services - including maintenance support, industrial processes, and facilities management solutions - for the services and healthcare sectors, as one of the first Emirati-owned private companies to be a part of this project. Tell us about your vision for Al Masaood Industrial? Our plan is to maintain the momentum that Al Masaood Group Industrial has built up over the years in a variety of economic sectors. By doing this, we will enhance our relationship with our stakeholders and, as already discussed, direct our product offerings toward sustainability and renewable energy sources. We will also keep engaging in local public-private partnerships to open the door for fresh and promising economic opportunities. In addition, at Al Masaood, we firmly believe that diversification is a strategic move that will help our expansion and growth. In order to develop products and services that are specifically tailored to meet the demands of each of our customers, we are actively seeking diversification into the manufacturing sector of our business. In terms of Sustainability - tell us about the latest initiatives implemented by the group and how is it implemented across your division? We understand our responsibility to support the transition to clean and renewable energy sources, not only for the UAE, but for the entire region, most of our new products and services in Power and Utilities, Oil and Gas, or modular housing that we are now introducing embrace sustainability. We are also revamping our strategies and partnerships to be in line with the UAE Sustainability Targets. Some of the examples which I have already talked about include our smart solar charging solution - SHAMS+, the next-generation plug-and-play solar system, the “Oryxbox, Hybrid Modular Solutions (HMS), Cross Laminated Timber (CLT), and Ultra-Fold Prefinished Modules, and more. In terms of the future, what are the plans for 2023? We have aligned our key strategies with the “Industry 4.0” initiative which aims to transform UAE’s industrial base into a globally competitive, productive, and sustainable sector at the cutting-edge of the Fourth Industrial Revolution. We are integrating sustainability into all our value offerings and cutting carbon emissions to support the nation’s net- zero ambitions. For 2023, we have laid out a strategy to cater to the changing market dynamics and offer quality solutions that meet the requirements of our customers across various industrial and economic sectors. “WE HAVE LAID OUT A STRATEGY TO CATER TO THE CHANGING MARKET DYNAMICS AND OFFER QUALITY SOLUTIONS THAT MEET THE REQUIREMENTS OF OUR CUSTOMERS ACROSS VARIOUS INDUSTRIAL AND ECONOMIC SECTORS.” CBNME COVER STORY
32 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 CBNME PROPTECH
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 33 F acilio’s CEO Prabhu Ramachandran talks about the important trends & opportunities to watch out for in 2023, what’s driving innovation in property operations and why CRE owners must start owning their CaFM solutions. How has the UAE proptech market evolved over the last few years? What are the trends driving innovation? Current trends and evolving consumer behavior indicate that there are huge opportunities for proptech firms that offer real value via operational efficiencies, cost optimization, superior tenant/occupant experiences, and sustainability (energy management). These are the key drivers shaping the way proptech is being delivered and adopted. Traditionally, commercial real estate owners have outsourced entire facility management operations and tech to external vendors, with little control and visibility into how their portfolios are performing. We see the tide changing. Building owners are starting to make direct investments in the tech platforms and looking to own their CaFM, thus taking back control of their data with a view on long term efficiencies. This gives them access to generational data to be able to make data-informed decisions. Owner-driven portfolio operations are going to find more thrust in the coming months, and will potentially open up more avenues for innovation. What are the challenges facing the market? Traditional FM service providers are holding on to the in-efficacies of legacy systems, cannibalizing new-age innovation in the space. What is needed is a mindset shift among commercial portfolio owners, and more thrust on innovation. The general property ops landscape is cluttered with disparate systems and point solutions and a clear visibility into the ROI is lacking for owners. Technology and digitization are tools to achieve an optimum environment for people and should be carefully selected and implemented to raise the industry standard as well as improve bottom- line efficiency for the portfolio. What has you most excited about Proptech in 2023? I believe ‘consolidate and conserve’ will be the two biggest themes that will define 2023. Proptech, specifically operations technology, will be a strategic anchor for enterprises to thrive in tough economies. We can already see consolidation happening within the property ops space, and this will continue next year as well. This is evidence of a broader demand for technology products that unifies the power of building automation software and enterprise O&M applications in a single platform, trying to gain more value out of less. CRE owners are also seeing increasing value in making the transition from legacy CMMS to modern, connected WHY OWNING YOUR DATA IS IMPORTANT IS IMPORTANT WHY OWNING YOUR DATA IN CONVERSATION WITH PRABHU RAMACHANDRAN, CEO & CO-FOUNDER OF FACILIO
34 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME PROPTECH CMMS, as they value the need to see systems, processes, and people through a single unified lens. What have been your biggest achievements in the last year? We raised our series B fund for $35 million - this investment is being used to extend our market leadership, expand sales and marketing, and enable more companies to reach success through a predictive, connected model of real estate operations. We doubled our headcount in the last one year, and are currently at 200 employees with a globally distributed workforce across 4 continents. We achieved 400% revenue growth in the past 12 months. We acquired large enterprise customers in London, Dubai, Australia, New York and other regions, and we now manage 10,000+ buildings globally. We rolled out a scalable, AI-driven Connected Retail solution to help retail portfolios remotely monitor and control systems, deploy optimization strategies at scale, and improve energy savings & asset performance. Most recently, Facilio became one of the first solution providers worldwide to be accredited by WiredScore, the company which provides internationally recognized digital connectivity and smart building rating systems for real estate. Besides, we are happy to have played a role in helping two of our customers British Land and Brookfield achieve Platinum SmartScore Certification for 100 Liverpool Street located in London and ICD Brookfield Place located in Dubai respectively. What are your plans for next year? We’ve recently opened a new HQ that’s spread across 40,000 sq ft. We will continue to make strategic hires across the marketing, product and engineering functions, and also strengthen our enterprise sales teams in the Middle East, US, UK, Europe & Australian markets. We also plan to revive our annual roadshow ‘Future Proof’ in 2023 which will feature a series of summits in four cities - Dubai, London, New York & Australia. The all-day summits will bring together progressive leaders in the CRE space sharing real & actionable insights into how buildings can be made energy efficient & deliver a first-class workplace experience. Facilio became one of the first solution providers worldwide to be accredited by WiredScore, the company which provides internationally recognized digital connectivity and smart building rating systems for real estate.
NEW IVECO S-WAY: HIGH TECHNOLOGY AND EFFICIENCY FOR ON-ROAD MISSIONS The new IVECO S-WAY, with a completely redesigned and reinforced cab, offers a wide choice of Euro III/V diesel engines, a delivering class-leading power from 360 HP to 560 HP Euro III / 570 HP Euro V and superior fuel-saving devices, such as anti-idling feature, Ecoswitch, Ecoroll and Smart Alternator. 12-speed HI-TRONIX automated transmission with the most advanced technology in its category, electronic clutch and best-in-class torque-to-weight ratio. NEW IVECO T-WAY: HIGH PRODUCTIVITY AND SAFETY ON OFF-ROAD TERRAINS With a complete line-up of AWD and PWD versions and the the 16-speed HI-TRONIX automated gearbox, the IVECO T-WAY features a host of functionalities such as Rocking Mode, Off-road Mode, Creeping Mode and 4 reverse gears to tackle with ease the toughest off-road conditions. The new architecture of the EBS system, combined with disc brakes on all wheels, greatly improves the vehicle’s performance and the driver’s safety in the most demanding applications. DRIVE THE NEW WAY
36 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME CITYSCAPE SEES NUMEROUS NEW PROJECTS ANNOUNCED 22ND EDITION OF CITYSCAPE Touring the exhibition, the CBNME team caught up with Sobha Realty, ARADA, Azizi Developments, and Dubai Investments to see what their latest project launches are. 36 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 37 22ND EDITION OF CITYSCAPE SEES NUMEROUS NEW PROJECTS ANNOUNCED S obha Realty, the leading luxury real estate developer in the UAE, launched one of the biggest developments in the city, the iconic ‘Sobha One’ tower, today November 21, 2022, during its participation at Cityscape Dubai 2022, UAE’s leading property event, which is being held at the Dubai World Trade Centre from November 21 to 23, 2022. The “Sobha One” is composed of five interconnected towers, contributing to Dubai’s unique skyline. With spectacular waterfront views, the skyscraper will also include elegantly designed one- to four-bedroom apartments and two- to four-bedroom duplexes. P.N.C. Menon, Founder and Chairman of Sobha Group, said: “At Sobha Realty, we believe in creating unique experiences and Sobha One embodies our values to offer the highest standards of living for all our customers. The project is being developed with keen eye for detail to meet the needs of all our residents, and we strive to imbibe the principles of finesse and form. Our goal is to raise the benchmark of the real estate industry and provide a living experience like none other.” “Dubai has been attracting a plethora of investors through its lucrative real estate offers and has positioned itself as one of the most modern and progressive markets for luxury properties. We have been making conscious efforts to contribute to the sector in Dubai, along with meeting the increasing needs of customers,” he added. This masterplan features upscale amenities, among which entails 18-hole pitch and putt golf-course designed by renowned golfer, with clubhouse facilities, polyclinic, mosque, F&B esplanade near the waterbody, smaller scale BBQ, relaxation, and private party sky courts, themed courtyard interconnected on the sixth floor, multiple sky terraces in the project, etc. The sixth floor additionally includes various diverse opulent amenities. Launches Sobha One Sobha Realty >>>
38 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME CITYSCAPE Francis Alfred, Managing Director of Sobha Realty, said: “The Sobha One project reflects our dedication to adhere to the highest quality standards, and we strive to provide our customers with excellence. With an innovative and modern approach, our new project offers a reimagined lifestyle, and is a perfect example of our efforts to meet the increasing needs of the real estate market. We expect that Sobha One will be one of the most-preferred residence options to local, as well as global investors, and we commit to continue developing even more high-quality residences for our customers.” The new development is strategically located in proximity to major attractions and destinations in Dubai. It also faces Ras Al Khor sanctuary and offers exceptional vistas of the Creek, the Burj Khalifa and downtown. Sobha One
40 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM A rada has unveiled its first project in Dubai with the launch of Jouri Hills at Jumeirah Golf Estates, a luxury villa collection in the heart of one of the Emirate’s most-sought-after residential and leisure communities. The latest phase in the 40 million square foot Jumeirah Golf Estates master plan, Jouri Hills contains 294 high-end homes located close to two world-class golf courses, with each villa providing an unmatched lifestyle experience backed by modern, nature- inspired designs and access to world-class amenities. With a range of units from three-bedroom townhouses to luxurious six-bedroom mansions, homes at Jouri Hills at Jumeirah Golf Estates all feature contemporary architecture designed to make the most of natural light, with floor-to-ceiling windows and double height spaces, as well as smart home solutions. Detached villas all come with swimming pools as standard, while the community’s most luxurious homes contain over 14,000 square feet of space, spread across four floors and encompassing underground parking, basements with a flexible entertainment or fitness floor plans and a landscaped ‘English courtyard’ for outdoor entertainment. Residents at Jouri Hills will also be able to take advantage of the unparalleled array of amenities on offer in the wider Jumeirah Golf Estates master community, which contains more than 1,800 luxury homes and which features two internationally acclaimed championship golf courses, Earth and Fire, and the European Tour Professional Institute (ETPI) golf academy. In addition, residents will benefit from two shopping centres within the Jumeirah Golf Estates master plan, as well as the community Clubhouse, which contains swimming pools, a gym, tennis and padel tennis courts and a variety of high-end restaurants and cafes. HRH Prince Khaled bin Alwaleed bin Talal, Vice Chairman of Arada, said: “This move into the high-demand Dubai property market cements Arada’s reputation as the region’s fastest- growing master developer. The latest phase at Jumeirah Golf Estates, Jouri Hills is our chance to showcase to a new range of buyers the exceptional quality and design for which Arada communities have become well-known. In addition, Jouri Hills Launches Jouri Hills, Dubai Arada CBNME CITYSCAPE
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 41 represents just the start of our journey in Dubai, and we continue to finalise plans for further projects to take advantage of the strong performance of the local sector.” Ahmed Alkhoshaibi, Group CEO of Arada, said: “In line with our track record of delivering best-in-class communities in prime locations, Jouri Hills at Jumeirah Golf Estates features an impressively designed master plan located in one of the most desirable parts of Dubai. Given the extremely high interest in the market for property of this type, we anticipate a strong response by both investors and end-users for a product that builds on the popularity and existing thriving community at Jumeirah Golf Estates.” Jouri Hills will be anchored by its own community park, which contains a variety of sports facilities including cycling and running tracks, swimming pools and a fitness centre operated by Wellfit, the rapidly growing gym brand owned by Arada. Construction on Jouri Hills will start in 2023, with the first homes scheduled to be handed over by June 2025. Announced during Cityscape Dubai, the region’s largest property exhibition, the launch signals Arada’s first foray outside the Sharjah real estate market, where it is by far the Emirate’s largest master developer with projects valued at over AED33 billion, and with property sold valued at AED8.6 billion. Dubai’s property market has gone from strength to strength in recent months, with the Dubai Land Department’s September data showing that there was a 52% increase in the value of property sold to AED24.4 billion, compared to the same month last year. In the year to date, the value of real estate sold amounts to AED184.2 billion, compared to AED129.7 billion for the whole of 2021. In a bid to tap into this high-demand market, Arada confirmed the purchase of the last remaining beachfront land plot on The Palm Jumeirah, where concept design on the ultra-luxury mixed-use project is almost complete. The sales launch for this project is scheduled for the first quarter of 2023. Since launching in 2017, Arada has launched three successful master communities in Sharjah, Aljada, Masaar and Nasma Residences, and has already sold nearly 11,000 homes. The master developer has also completed over 2,600 units, with another 7,500 currently under construction. Arada is currently on track for a year-on-year 25% increase in the value of property sold in 2022 to AED3 billion and has so far this year raised $450 million in via a sukuk that was listed on the London Stock Exchange. During 2022, Arada has also secured ratings from Moody’s and Fitch, making it one of the youngest companies in the UAE to have ever achieved this landmark. “IN LINE WITH OUR TRACK RECORD OF DELIVERING BEST- IN-CLASS COMMUNITIES IN PRIME LOCATIONS, JOURI HILLS AT JUMEIRAH GOLF ESTATES FEATURES AN IMPRESSIVELY DESIGNED MASTER PLAN LOCATED IN ONE OF THE MOST DESIRABLE PARTS OF DUBAI.” Jouri Hills at Jumeirah Golf Estates 22ND EDITION OF CITYSCAPE SEES NUMEROUS NEW PROJECTS ANNOUNCED
42 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM A zizi Developments, a leading private real estate developer in the UAE, signed a deal with Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, acquiring a highly coveted 15 million sq. ft. plot of land in the most growth-inclined area of the emirate. With a gross floor area (GFA) of nearly 24 million square feet, Azizi’s several-dozen-billion-dirham plans for the sizeable land are yet to be revealed. As part of the agreement, Azizi Developments will be the master developer, in charge of constructing the development’s buildings, its roads, and infrastructure. The signing ceremony took place on 21 November at Azizi’s stand at Cityscape Dubai 2022 (Booth A10, Za’abeel Hall 6 - Dubai World Trade Centre) and was presided over by the Executive Chairman of Dubai Aviation City Corporation and Dubai South, His Excellency Khalifa Al Zaffin, and the Founder and Chairman of Azizi Developments, Mr Mirwais Azizi. Also in attendance was CEO of Azizi Developments, Mr Farhad Azizi, and other key senior management figures from both parties, the media and a crowd of excited onlookers. Mr Mirwais Azizi commented: “We are excited to embark on this new master development journey, the next era of our growth trajectory and that of Dubai. This sizable land represents an exceptional opportunity to contribute to the satiation of the exponentially increasing demand for world- class properties in the UAE. The emirate continues to solidify signs deal with Dubai South to purchase 15 million sq. ft. of land Azizi Developments CBNME CITYSCAPE
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 43 its renowned standing as the world’s hub for business, tourism, and innovation, underlined by the increasing number of investors and end-users choosing to secure themselves homes here. We thank His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and all of the UAE’s leadership from the depths of our hearts for continuously inspiring us to work towards enriching the lives of hundreds of thousands of happy families who have the honour of calling Dubai their home. We will share more information on our plans for this soon-to-be landmark community in due course.” His Excellency Khalifa Al Zaffin said: “We are pleased to sign this plot purchase deal with a renowned developer that enjoys a good track record of developing real estate projects and communities across the UAE. At Dubai South, we select partners that align with our mandate to enrich the lives of residents and professionals across the emirate and support the government’s vision of making Dubai the best global city to live, work and visit. We look forward to the realisation of this new project, which will undoubtedly become one of the emirate’s most-prized destinations.” The newly acquired land, which is part of Dubai South’s prestigious Golf District, is strategically positioned in the emirate’s growth corridor, with Dubai speedily expanding towards the south. Situated alongside Emirates Road (E611), built to link the emirates together while also providing convenient access points to Dubai’s other major highways and various points of interest, the plot of land is among the best connected in the southern part of the emirate. With just a five-minute drive to the Al Maktoum International Airport, also known as Dubai World Central DWC, and few minutes away from the VIP Terminal, but without any air traffic above it, the land is outstandingly well positioned for a luxury community to be developed. Azizi Developments did not disclose its detailed plans for the land during the press briefing held at Cityscape Dubai 2022. It stated that the planning and design for the project are already in advanced stages and that it will develop townhouses, villas, residential apartments, hotel apartments, several types of hospitality projects ranging from three to five stars, and a wide range of amenities, including a swimmable crystal lagoon, water features, parks, sporting facilities (eg. cycling and jogging tracks), children’s playgrounds, green spaces, innovative infrastructure and more to go above and beyond in fulfilling the well- being, comfort, and convenience needs of residents. 22ND EDITION OF CITYSCAPE SEES NUMEROUS NEW PROJECTS ANNOUNCED
44 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME CITYSCAPE D ubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) launches Danah Bay, a vibrant, mixed-use beachfront community and lifestyle destination on Al Marjan Island with breathtaking views of the Arabian Gulf. A freehold premium beach community, the AED 1billion flagship project sets a new standard for Ras Al Khaimah. With the Group’s expertise across diversified sectors over the last 27 years, and with the real estate sector being a key vertical, adding to its impressive line-up of real estate developments is Danah Bay. Spanning an area of approximately 90,000 square meters, the project includes luxury townhouses and villas, residential waterfront apartments, an upper scale 4-star hotel resort and community retail. Danah Bay offers a variety of freehold residential options including stunning two-bedroom townhouses with roof terrace, three-bedroom villas and four- bedroom beachfront villas along with waterfront residential apartments. The project’s tranquil beach provides exclusive access for residents and hotel guests to enjoy recreational activities and relaxation. Reflecting Dubai Investment’s vision of creating a comfortable lifestyle destination, seamlessly integrated with nature, Danah Bay is a relaxing retreat that encourages visitors to pause and look after their wellbeing. From its simple, urban, and modern exteriors to the interiors that sport natural color palettes, the overarching architecture of Danah Bay matches the beauty of its surrounding natural landscape and the beachscape. Strategically located in Ras Al Khaimah, which is known for its tourism, hospitality and an attractive property market, Danah Bay is 50 minutes away from Dubai International Airport, 60 minutes from Downtown Dubai, 30 minutes from Ras Al Khaimah Airport, and 30 minutes from Ras Al Khaimah City Centre. Launches Danah Bay, RAK Dubai Investments
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46 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM M etito, one of the leading global providers of water and alternative energy management systems, has been granted the contract to develop the second phase of the Fujairah Port desalination plant by Fujairah Fresh Water Production Co. Ltd. Given the port’s strategic position and advanced infrastructure, this is a crucial initiative for Fujairah, allowing firms around the area to grow their economic footprints both locally and globally. Chairman, Eng. Khamis Alnoon of Fujairah Fresh Water Productions Co. Ltd says, “Fujairah port has developed significantly to become a strategic location with world-class facilities, and it continues to improve and grow to meet the exciting and diverse demands of the future. We are pleased to collaborate with Metito again for the second phase of our project and trust their strong expertise in incorporating sustainability with innovation in the solution they have proposed for this project.” This project was awarded after a competitive bid and is expected to be finished in less than a year. Metito will oversee the engineering, procurement, and construction of the 3,500 m3/ day plant, seamlessly integrated with the existing facilities to accommodate the rising demand for potable water. Fady Juez, Managing Director of Metito, added, “Fujairah port is one of the Middle East’s most important ports, and we are honoured to play an instrumental role in supporting its vision to become a world-class multipurpose hub. For this second phase of the plant, we are utilizing state-of-the-art, advanced technologies, and with our high-value engineering, we have devised a solution that achieves power optimization, less operational cost and an overall greener project with fewer emissions.” Metito developed Phase 1 of the Fujairah Port seawater desalination plant more than twenty years ago, with a capacity of 3000m3/d via 2x1500m3/d streams. Commenting on this update, Ahmed Hayajnah Metito, General Manager of Dubai, Northern Emirates, and Oman, adds, “The original project was in line with the stringent requirements of Fujairah Fresh Water Production Co. Ltd, and its long-standing efficient operations is another testament to the sustainable nature of the solutions Metito has been providing for more than 65 years of successful operations across more than 53 countries in different geographies. We are honoured to be part of this new project and look forward to its successful completion.” FUJAIRAH PORT AWARDS METITO THE SECOND PHASE OF THE FUJAIRAH PORT DESALINATION PLANT CBNME INFRASTRUCTURE
INNOVATE I ACCELERATE I INTEGRATE I TRANSFORM SCAN QR CODE TO FIND OUT MORE THE REGION’S LEADING EVENT FOR THE ENTIRE PROPTECH VALUE CHAIN Karim El-Jisr CSO Diamond Developers Christophe de Rassenfosse CPO Property Finder Sebastian Samuel CIO AW Rostamani Group Binoo Joseph CTO/CIO Emaar Properties Fahad Bedaiwi EVP Facilities Management & Engineering Saudi National Bank Mohamad Abou Laban CEO Deyaar Facilities Management proptechweek@dwtc.com + 971 4 306 4316 www.proptechweekmena.com January 2023 Dubai, United Arab Emirates 24-26 HEAR FROM KEY SPEAKERS INCLUDING ORGANIZER PLATINUM SPONSORS GOLD SPONSOR MEDIA PARTNERS OFFICIAL MEDIA PARTNER NETWORKING PARTNER SUPPORTING ASSOCIATION
48 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM Tell us if you were able to achieve your goals and expectations in 2022. The year 2022 has indeed been a remarkable year for us, as we achieved several exceptional feats, in terms of delivering unique projects for clients on schedule. We embarked on several diverse projects this year, all of which we were able to deliver successfully on time, thanks to the continuous efforts of our dedicated team, combined with our well-planned strategies. We are currently actively involved in several key projects which we expect to deliver in the coming year. This year, we have also been able to increase our brand awareness in the region through multiple exceptional projects which distinguish us in today’s fierce market. In addition, we have also witnessed a significant increase in our revenue as compared to the previous year, illustrating the trust and confidence that our clients place in us to deliver high-quality projects. Over 35 years we successfully provided distinctive and sustainable interior fit- out solutions for diverse clients in the UAE, including Marriott, SLS Hotels and Residences, FIVE Palm Jumeirah Hotel, Nikki Beach Resort & Spa, Abu Dhabi Commercial Bank, University of Wollongong, RTA, Skynews, ENOC, Waldorf Astoria, etc. In 2022, we successfully delivered the interior design of the Brett Johnson Boutique at the Dubai Mall, which is one of the outstanding projects in the Middle East and Asia. Our diverse portfolio also entails the exceptional and impressive interior designs in the newly opened Panorama Restaurant, the joinery works at the Myriam K Salon’s, at City Walk, etc. Moreover, we anticipate completing and delivering the project at Newby Tea as soon as we can. How has the performance differed from 2021? There is no denying that the effects and uncertainty of the Covid-19 pandemic made 2021 a difficult year for all businesses across a variety of sectors worldwide. Companies across the world faced a significant dilemma on what to do, while the pandemic was at its worst. Once the world began to return to its pre-pandemic normalcy, we decided to reorganise our business and renewed our efforts to immediately start working on a range of EXCELLENCE DELIVERING THE FITOUT HAS ESTABLISHED ITSELF AS ONE OF THE LEADING COMPANIES PROVIDING “TOTAL INTERIOR SOLUTIONS,” CONSISTENT WITH THE HIGHEST STANDARDS OF QUALITY AND SERVICES. KASUN ILLANKOON SPOKE TO SHERIF NAGY, GENERAL MANAGER AT THE FITOUT, IN REGARD TO THEIR ACHIEVEMENTS, UPCOMING PROJECTS, MANUFACTURING FACILITY, AND WHAT MAKES THEM STAND OUT. CBNME INTERVIEW
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 49 unique projects. This was made possible by the diligent and productive staff at our own production facilities. During the pandemic, THE FITOUT adapted, employed robust precautions, and kept moving forward with optimism. Post pandemic, we strived to significantly raise productivity and enhance efficiency, by introducing high-tech equipment to expedite project completion as well as its delivery. Additionally, we also make sure to guarantee our employees a safe and secure workplace and devised a contingency plan to prepare for any eventuality in the future. We endeavoured to make our workplace more engaging and interesting for our personnel and organised several social activities and trainings for them. We further undertook various other safety precaution measures for our office to be a safe environment for our employees. For instance, frequent inspection and monitoring are currently practiced and training is given for staff to have a thorough comprehension of occupational safety and health rules as well as to not disregard or act complacently while working. Each project we embark on has a safety officer appointed, to ensure that staff health and safety are given top priority. They are well-trained and prepared to resolve any challenges that could occur. Tell us about some of the current projects you’re working on and what are the upcoming projects in the pipeline? Currently, we have numerous major projects underway in the UAE, such as Residence Inn by Marriott, The Royal Atlantis, and Saudi German Hospital. We will soon complete the Newby Tea Project in Abu Dhabi and successfully delivered the Palm Tower, the newly opened Panorama Restaurant in the Residence Inn by Marriott, as well as several villas in Khawaneej Area and Arabian Ranches. The Marriott is one of the most exceptional projects we worked on this year, where we successfully transformed the 49-floor Grand Hotel tower into Residence Inn by Marriott. In addition to this, the work of renovating 489 rooms in the Residence Inn by Marriott from floor to ceiling, is in progress, with half of the project already delivered to the client. Despite renovations being carried out, we were able to effectively provide half of the project even while the hotel was completely and fully operational. Our precise drawings for the rooms preserve the hotel’s distinctive branding and are in line with Marriott’s specifications. The hotel’s guest rooms will have distinctive wall coverings, built using the best materials imported exclusively from Italy and modern technologies. What makes THE FITOUT stand out in the market? Since its founding in 1987, our company has acquired recognition as a leading fit-out firm that offers comprehensive interior solutions with the highest standards of quality and services. We offer wide-ranging services that include project management, manufacturing, design and build, and fit-out contracting, all of which are driven by our core values of providing quality and excellence to our customers. THE FITOUT was established with the goal of becoming the regional benchmark for high-quality finishing as we maintain our position as one of the top providers of customised high-end joinery works and fit-out projects. In the present market, we are known for completing and delivering projects on schedule, irrespective of any barriers that may hamper our work, including any last-minute changes by the clients. We deal with these hurdles efficiently right away thanks to our extremely committed squad of staff who constantly strive to better serve and provide our clients with the best. Our ability to successfully complete projects for our high-end clients is attributable to the extent of communication and coordination that we follow, to complete excellent DELIVERING EXCELLENCE | SHERIF NAGY, GENERAL MANAGER AT THE FITOUT >>> “The year 2022 has indeed been a remarkable year for us, as we achieved several exceptional feats, in terms of delivering unique projects for clients on schedule. We embarked on several diverse projects this year, all of which we were able to deliver successfully on time, thanks to the continuous efforts of our dedicated team, combined with our well-planned strategies.”
50 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM projects on schedule and under budget, with the effective collaboration of our engineers, managers, and team members. Additionally, having our own integrated manufacturing facility further provides us with a competitive advantage in the field of interior designing and other fit-out projects. We look forward to carrying on with this practice, as well as continuing our pursuit of excellence and delivering exceptional projects. How do you see the fit-out industry evolving? At present, the fit-out sector is witnessing several major developments as well as challenges owing to the wide variety of businesses that are being established in the UAE, and the growing competition among the fit-out contractors. Being sustainable in all our endeavours is currently one of the key priorities that we have set for our firm. In order to lessen the environmental impact, there has been an increase in demand and awareness for locally sourced raw materials and recyclable or recycled products, in recent years. The growing demand for reusable and local materials has effectively impacted their market availability CBNME INTERVIEW
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 51 and pricing, promoting the adoption of green practices on a broader scale. Since customers are becoming more environmental-friendly, it has become imperative for designers to take this into consideration to best suit their various needs and objectives. To do so, businesses currently build interiors within their own manufacturing facilities, emphasising sustainability and using recyclable and sustainable materials. A fit- out firm with its own internal manufacturing facilities would be advantageous as well as provide a competitive edge to the business in the market. Over the past 10 years you must have seen a wide range of trends come and go, which trends were particularly memorable in your industry, and did you embrace them or let them pass you by? The UAE is currently home to some of the most sophisticated and unique buildings and designs such as the Lurve Museum, Burj Khalifa, Museum of the Future, etc., making it a global centre for remarkable designs and structures. By developing novel elements, structures, designs, and woodwork, our firm has always adapted to the new trends in the market. Additionally, people are increasingly seeking high-end designs at economical prices, and we stick to this concept to offer valuable services to our clients. In terms of technology, are there any particular technologies that you are working on that we should be aware of, but are currently under the radar? We constantly strive to adopt recent technologies that improve our efficiency and enable us to provide the finest projects, in addition to fostering sustainability. We are keen to stay up to date with the most recent technology and currently, our production facility has incorporated several modern technologies and innovations, which include the newest CNC machine and Edge Banding machine. Additionally, our production facility also includes a special, unique, and standalone veneer area with a double-stitching veneer machine and a veneer slicing machine with a piece of art veneers. Tell us about your manufacturing facility and how does the facility work to ensure the best final product is being sent to the client/ project? We believe in keeping pace with recent technologies and advancements to enhance overall productivity and efficiency. Therefore, we have improved our production facility operations by incorporating new and modern technologies. For both commercial and residential projects, our integrated manufacturing facility manufactures, supplies, and installs a variety of doors, including BM Trada- registered fire-rated doors, closets, kitchen units, vanity units, and bespoke joinery interiors. Additionally, we also manufacture, supply, and install contract furniture, case goods, upholstered furniture, and soft seating. Our manufacturing and production facilities are outfitted with cutting-edge, technologically advanced equipment that enables multi- run production of finishes of the highest calibre. We are able to manufacture huge volumes of various customised products in our 120,000-square-foot manufacturing facility, with the help of the newest computer-aided manufacturing processes. The quality of our goods is continually upheld and delivered to the highest degree, thanks to our skilled artisans, meticulous quality control procedures, and ISO 9001, 14001, and 45001 accreditations. We are dedicated to upholding the greatest degree of quality at every stage of construction and have therefore been able to deliver projects with exceptional finishes and distinctive qualities, ranging from classical and conventional to contemporary designs. What can you tell us about your plans for the growth of THE FITOUT in the future? We have bigger plans and ambitions for our company in the future. THE FITOUT will debut a full line of Furniture, Fixtures, and Equipment (FF&E) in the UAE, as well as a premium, exclusive Italian kitchen brand. We intend to further solidify our position as a premier brand in providing comprehensive interior solutions in the UAE, as well as expand our footprints across the GCC region. DELIVERING EXCELLENCE | SHERIF NAGY, GENERAL MANAGER AT THE FITOUT
52 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME SUSTAINABLITY OUTLINES COMMITMENT TO OMAN > IN-COUNTRY VALUE OF BILLION-DOLLAR-PROJECT CONTRIBUTING SIGNIFICANTLY TO SULTANATE’S ECONOMY > 78.65% OF OMANI-SOURCED MATERIAL USED IN THE ONE MILLION-SQUARE METER PROJECT CONSTRUCTION DURING THE LAST TWO QUARTERS ALONE. > MORE THAN 58 SMES IN OMAN HAVE BENEFITED FROM THE WORKS BEING UNDERTAKEN AT TSCY THE SUSTAINABLE CITY YITI
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 53 THE SUSTAINABLE CITY YITI OUTLINES COMMITMENT TO OMAN T he Sustainable City-Yiti (TSCY), a development by Sustainable Development Investment Company (SDIC) - a partnership between Diamond Developers and Oman Tourism Development Company (OMRAN Group), has reaffirmed its commitment to the Sultanate. The billion-dollar development aims to support the goals of the Oman Vision 2040, as well as the National Tourism Strategy, by creating a live-work-thrive city that is green, energy efficient, and people-centric. It is also playing an integral role in contributing to in-country value for the Sultanate, with 78.65% of Omani-sourced goods & materials being sourced in the past six months alone. More than 58 SMEs in Oman have also benefited from the works undertaken at TSCY in the last two quarters. Scheduled to complete in 2025, the development has supported more than 1,800 jobs during construction, both direct and indirect, generating over 961,000-man hours to date. Eng. Ammar Sulaiman Al Kharusi, Head of development at OMRAN Group said: “We are delighted to play our part in strengthening the economy of Oman, from the tourism sector to SMEs and the huge number of employment opportunities through this exciting project. Ours is a truly sustainable development in every sense of the word and by driving in-country value across the board, we are further contributing to the growth and prosperity of the Sultanate.” TSCY will consist of 300 villas, 1,225 apartments and 132 luxury serviced apartments. The community also includes indoor and vertical farms, a central plaza with a mall, a school, a nursery, two hotels, a sports complex, medical clinics, an autism center, and an institute. Home to 10,000 residents and visitors once complete, The Sustainable City - Yiti will be the largest operational sustainable community in the world, with ambitions to be the first Net Zero Carbon community in Oman by 2040. The city is designed to deliver measurable outcomes across all three pillars of sustainability: social, environmental, and economic, bringing forward the UN emission reduction targets for 2050. The city follows the blueprint for low-carbon living that was pioneered by the first ‘The Sustainable City’, which opened in Dubai in 2016. The model ensures a reduction in carbon footprint, from design to operation, using disruptive innovation to achieve transformational societal change. “WE ARE DELIGHTED TO PLAY OUR PART IN STRENGTHENING THE ECONOMY OF OMAN, FROM THE TOURISM SECTOR TO SMES AND THE HUGE NUMBER OF EMPLOYMENT OPPORTUNITIES THROUGH THIS EXCITING PROJECT.”
54 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM T he global construction market has been dealing with the impact of the pandemic and, more recently, intense inflationary pressure. With ongoing uncertainty, the world’s largest economies are preparing for potential economic stagnation. Against a turbulent global setting, the re-opening of economies and surge in oil prices is likely to lead to a revenue surplus for the countries in the GCC region. Notably, the outlook for the UAE economy has significantly improved in 2022 and it is estimated that the UAE’s construction industry will achieve an annual growth rate of 3.7 per cent in 2023-2026. Also, the UAE’s GDP growth is projected to be 3.8 per cent in 2023. Oil-rich countries are aggressively working towards reducing their future dependency on oil, focusing on economic and industrial diversification, and have invested in large projects like Dubai Expo 2020, and Qatar FIFA World Cup. This approach will further increase investments across the construction industry in GCC. However, businesses operating in the construction sector will have to manage the significant stress imposed on construction projects due to the increased costs of materials, labour and energy. To mitigate these challenges, governments are shifting to alternative models like public-private partnerships (PPP) in construction. A noteworthy example is the UAE government which recognises that alternative financing can facilitate the fulfilment of additional strategic priorities like sustainable economic growth and economic diversification. Currently, the UAE has a pipeline of more than 500 billion USD of planned infrastructure projects. With the current PPP project pipeline of approximately 29 ongoing projects worth 25 billion AED, the UAE will continue leveraging local and international private sector expertise and innovation for continued growth in the construction sector. Middle East and North Africa (MENA) region’s promising outlook The construction industry’s growth is dependent on several ongoing projects across the countries like the Etihad rail project in the UAE and NEOM project in Saudi Arabia. Major events like hosting the FIFA World Cup have significantly contributed to propelling the infrastructure development in Qatar. The CONSTRUCTION INDUSTRY CBNME TALKING POINT A LOOK AT 2023 AND BEYOND BY MATT SMITH, HEAD OF SCHOOL, SCHOOL OF ENERGY, GEOSCIENCE, INFRASTRUCTURE AND SOCIETY (EGIS) AT HERIOT-WATT UNIVERSITY DUBAI
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 55 construction sector has also emerged as the biggest job creator in Qatar, employing around 2.1 million personnel. Additionally, 156 billion USD worth of projects were awarded during 2021 across the MENA region which reflects that the construction industry is maintaining momentum. Other key development projects such as the development of the Mubarak Al-Kabeer Port on Boubyan Island in Kuwait and the Riyadh Metro project in Saudi Arabia significantly contribute to a positive outlook. JLL’s latest report on Middle East’s construction sector stated that the residential sector was consistently the busiest market across Egypt, Saudi Arabia, and the UAE in 2021-2022. The UAE continues to invest heavily in infrastructure construction and working on more cutting- edge projects, such as the 5.9 billion USD proposed hyperloop project between Dubai and Abu Dhabi, which will continue propelling the sector’s growth. Factors driving the construction sector Considering the region’s appetite and capability to handle large-scale and complex construction and infrastructure projects like Neom in Saudi Arabia or Dubai Urban Tech District in the UAE, technology will continue driving the construction industry, and countries will opt for innovative and technology- driven methods. One such example is that the UAE Ministry of Energy and Infrastructure is working closely with a construction robotic technology company to tap the potential of the Hadrian X, the world’s first mobile robotic block- laying machine and system. These initiatives reiterate the government’s commitment to exploring and implementing modern building methods, smart support systems, and the latest technologies in the sector. Another example of keeping up with global technology trends and increasing sustainability is the UAE government’s target to construct 25 per cent of new buildings through 3D printing by 2030. Furthermore, advanced construction methods like virtual construction and design will be adopted widely in the construction sector to not only demonstrate the organisational and collaborative skills that are crucial in completing the project but to create more accurate cost estimates. Despite the popularity of traditional construction methods, the modular construction industry is rapidly growing. A report by MarketsandMarkets forecasted that the global modular construction market is expected to grow to 108.8 billion USD by 2025. As the sector grows, it is vital to work towards limiting its environmental impact. Hence, sustainability remains at the forefront for businesses operating in the construction industry across the globe. In 2021, the World Green Building Council (WGBC) highlighted that the construction industry accounts for more than 50 per cent of all material extracted globally and construction demolition waste contributes 35 per cent to the world’s landfill, a lot of which could potentially be recycled or reused. The growing awareness of sustainable practises and higher demands are pushing the industry players and governments to include sustainability at the core of development strategies. For instance, Saudi Arabia has set a goal to build 1.5 million houses using innovative techniques such as 3D printing and fast-brick robotics by 2030. Due to a stable regulatory environment, Middle Eastern countries like the UAE, and Saudi Arabia have the edge over other leading economies. Their focus is on encouraging sustainability, resilience, and transformation and opting for eco-friendly construction, which also demonstrates their preparedness to achieve regional environmental goals. The transition to renewable energy and efforts to reduce the region’s carbon footprint indicates a steady green revolution in the region’s construction sector. While ongoing technological advancements, the use of robotics, and virtual construction methods will continue to lead the development in the construction sector, sustainability will remain at the core. Lastly, business leaders will have to support the transformation of digital technology and the implementation of sustainable methodologies within the construction industry by upskilling the workforce. To match the pace of the rapidly evolving industry, workers must be equipped with the right skills, which will rely on the synchronised efforts of government, academia, and industry leaders. CONSTRUCTION INDUSTRY | A LOOK AT 2023 AND BEYOND >>>
56 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME REGENERATION PROJECT
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 57 THE ELLINIKON | THE LARGEST VISITOR CENTRE OF ITS KIND Tell us about The Ellinikon Experience Centre project? The Ellinikon is one of the largest urban regeneration projects in Europe, representing a multi-dimensional development on the Athens Riviera. In just a short distance from central Athens, The Ellinikon is unique in Europe for its location, its scale, size — three times larger than Monaco — as well as its potential. Athens’ former international airport site and adjacent coastal front will be transformed into a unique ecosystem enhanced for living, working and public enjoyment. In its centre will be the 2M sq.m. The Ellinikon Park, one of the largest coastal public parks in the world and a showcase for Greek heritage and biodiversity. At the southern edge of The Ellinikon site, 3.5 km of coastline will upgrade the Athenian Riviera offering a unique destination for, recreation and shopping. The Ellinikon will also integrate the most advanced ‘smart city’ technologies from the ground up, delivering improved safety, more efficiency, and a better quality of life. Careful planning comprehensive green strategies are being employed at The Ellinikon to ensure that it is one of the most sustainable real estate undertakings in Europe. Set in the heart of an established commercial market and blessed with the captivating location of the Athens Riviera, The Ellinikon forms a world class destination that will reshape Athens. The future city of The Ellinikon, comes to life at The Ellinikon Experience Centre, where all of its elements are presented in immersive detail, via the use of state-of-the- art technology. Spanning 4,800 square meters in a former airplane hangar, designated as a Modern Monument THE ELLINIKON Lamda Development is launching The Ellinikon Experience Centre: the largest visitor centre of its kind to kick-start an ambitious €8 billion urban regeneration project near Athens, Greece – currently the largest project in Europe. Kasun Illankoon finds out more about this unique project and how it will inspire similar projects in the near future. >>>
58 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME REGENERATION PROJECT by the Greek Ministry of Culture, the Experience Centre -one of the world’s largest Visitor Centers- offers five thematic areas and more than 22 unique natural and technological exhibits and digital activities detailing the project, from its use as an airport and air force base, to its stunning evolution into one of the world’s most innovative and ambitious urban development projects. Through a dynamic interactive experience, visitors can discover how the project is creating a global agora and a new model of residential, commercial, retail, recreational, and hospitality spaces and more through five themed areas, all of which represent different groundbreaking aspects of the project. Visitors take in the entirety of The Ellinikon’s grand scope through the largest interactive miniature model ever created in Greece which includes more than 25,000 individual pieces at 1:625 scale. The Ellinikon’s greenspaces, next- generation designs, coastal lifestyle, and infrastructure projects, down to the individual streets and cycling paths, are captured in meticulous detail. The guests of The Experience Centre can next cruise the panoramic views of the rejuvenated coastline, such as the 1 km open for all beach, the redeveloped Marina and other landmarks such as the Riviera Galleria, the Riviera Tower as well as the impressive seaside residential areas virtually aboard a simulated speedboat. Visitors will also discover The Ellinikon Park, Europe’s largest coastal park comprising two million square meters of vibrant green space and can take a virtual bicycle tour on 3 different routes. This exhibit also presents a Botanical Library simulating the prevailing flora of the park while the Night Garden Dome imitates the park’s nightlife through light strips, sounds and scents that feel as real as the world outside. The future of living innovation awaits visitors in one of the state-of-the-art model residences at The Ellinikon where residents will enjoy premium comfort, smart technologies and uninterrupted vistas across the Athenian Riviera. Finally, guests can see and experience the innovative technologies and infrastructures that will make The Ellinikon the global standard-bearer of resilient urban development, such as the “THE ELLINIKON’S GREENSPACES, NEXT- GENERATION DESIGNS, COASTAL LIFESTYLE, AND INFRASTRUCTURE PROJECTS, DOWN TO THE INDIVIDUAL STREETS AND CYCLING PATHS, ARE CAPTURED IN METICULOUS DETAIL.”
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 59 THE ELLINIKON | THE LARGEST VISITOR CENTRE OF ITS KIND transportation network that will make this development a mobile, 15-minute city; bioclimatic architecture; and the water level sensors that will prevent flooding and promote coastal resilience and many more. Visitors can touch, see, and hear what’s to come through a fully immersive and experiential journey. The voyage offered at the singular visitor center is fitting for a project that is truly unmatched and unprecedented. How will The Ellinikon transform Athens into an international leader of smart living and sustainable, low- carbon urban renewal? The Ellinikon reflects a new paradigm of living and enjoying life by the sea. We’re bringing to life a new city within a city that places Greece at the forefront of smart living, sustainability and innovation. The site will feature a true ‘15-minute’ approach where everything will be connected by walk and cycle pathways, while electric vehicle facilities will be serving the entire development. Emphasis on electric transportation is in line with the project’s overall ethos to create a cleaner and sustainable environment for the future. At the same time, on-site opportunities encourage walkability and physical activity reducing CO2 emissions, through new extensive bicycle and pedestrian networks. The Ellinikon Park, the heart of The Ellinikon and the largest coastal park in Europe accessible to all, will become a 2 million sq.m green oasis that will upgrade Athens and its coastal front for everyone to enjoy. More than 1 million new plants have been selected particularly for this environment, with 70% of them not requiring additional irrigation since they thrive in this region. The Ellinikon Park’s system will feature the first “smart” park in Greece with seamless connectivity, AR navigation, smart transportation systems and smart energy and water management systems. The project will be a world leader in smart living – the convergence of human innovation and technological advancements creating the pinnacle of comfort, convenience, and creativity. Other upgrades include the 3.5 km costal front with a 1 km sandy beach, where city residents and visitors alike can swim, exercise, and be entertained, transforming the area into a world-class high-quality destination. Significant infrastructure & marine works to future proof the project will be implemented in the area, while an environment monitoring plan for the marine environment is already in place, to monitor various parameters such as seawater quality, bottom sediment quality and benthic plant communities. Overall, The Ellinikon will feature a variety of technologies to ensure a net zero carbon footprint economy and will be self- sufficient in terms of irrigation and electricity needs. A waste treatment plant will be developed within The Ellinikon site for the management of recyclable materials, strengthening Circular Economy. Moreover, the project will include innovation at every stage, for example one of the upcoming landmark buildings, the iconic Riviera Tower will be a model of sustainable architectural design and is the first project within The Ellinikon that has been pre-certified with LEED v4 BD+C at a Gold Level. Overall commitments for The Ellinikon include: > LEED certifications for buildings (including LEED Gold certifications, SITE certification for landscape areas and WELL-certified offices > energy efficiency to minimize carbon emissions > embodied carbon reduction “THE FUTURE OF LIVING INNOVATION AWAITS VISITORS IN ONE OF THE STATE- OF-THE-ART MODEL RESIDENCES AT THE ELLINIKON WHERE RESIDENTS WILL ENJOY PREMIUM COMFORT, SMART TECHNOLOGIES AND UNINTERRUPTED VISTAS ACROSS THE ATHENIAN RIVIERA.” >>> Odisseas Athanasiou, Lamda Development
60 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM > water conservation strategies to restore natural systems > sustainable building materials to preserve natural resources > climate adaptation and resilience to future proof the development. Do you see more projects such as Ellinikon coming up in Greece? Greece is currently in a state where many transformative projects are taking place in all areas and this is a good time for reforms and investments, especially those aimed at sustainable growth. At this point we are not aware of any upcoming urban regeneration projects of this scale in Greece, but we would be very happy if this example prompts similar initiatives who share our vision for a new way to live. Tell us about the challenges that you potentially face in building The Ellinikon? It is understandable that a project of this scale presents various challenges, ranging from the construction side, as it requires meticulous planning, to dealing with unexpected issues, such as the potential scarcity of materials, price fluctuations etc. For us, from the moment that we planned The Ellinikon, our vision was to introduce a new way of life, where nature, people and the most advanced applications of technology will co- exist harmoniously. For this reason, we formed our internal team with leading executives in the field, but we also brought in an elite selection of world leading architects and engineers from all over the world, to work feverishly in ensuring the state-of-the-art implementation of this project. While we await for many challenges ahead in this constantly changing international environment, we are confident in our ability to ensure that this landmark project delivers on its promise in all levels. What excites you about this project? When is the project expected to be completed? What excites us most about this project is the opportunity it generates for Athens and Greece – both for our people and our economy. An opportunity for a planned, integrated, smart, sustainable development that will change the face of the Athens. In terms of numbers The Ellinikon is expected to attract over 1 million tourists, bringing approximately €14 billion in incremental revenue to the country and contributing roughly 2.5% to Greece’s GDP. Additionally, once completed, 85,000 new jobs will be created. Additionally, The Ellinikon will nearly double the existing green space per capita for Athenians, considerably improving their quality of life. We also expect a knock-on effect on the quality of life for the municipalities which are close to the site – increasing the value which will be added to neighbouring municipalities. At this point it is important to mention that for all the public spaces, Lamda Development bares the cost, so there is nothing allocated to the Greek taxpayer. We are proud that this project will create new, beautiful, green, open spaces and amenities for every citizen and visitor. The first phase of the project, scheduled for completion in 2025, includes the CBNME REGENERATION PROJECT
CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 | 61 coastline, all of the commercial elements such as the Commercial Hub -the largest and most contemporary commercial complex in Greece, and one of the biggest in Southern Europe- the Riviera Galleria an exquisite destination for retail and lifestyle designed by the innovative Kengo Kuma, situated in the upgraded marina and surrounded by 5-star hotels and the iconic Riviera Tower, as well as the largest part of The Ellinikon Park. Sustainability Projects are on the rise and even more regeneration projects - tell us why this is important and how does it benefit the construction industry? The planet is warming at an alarming rate and as COP26 revealed, the world is still nowhere near its goals to limit the global temperature rise and achieve net zero. We share all a responsibility to assist on that goal and become more sustainable – be it at home or when constructing new buildings or large-scale projects like The Ellinikon. Reaching net zero involves reducing greenhouse gas emissions as much as possible and this needs to be the goal before and during construction as well as how the end product functions. We have future proofed every aspect of the project, so once completed, The Ellinikon will act as a blueprint for the construction industry to inspire similar urban regeneration projects across the world. “WHILE WE AWAIT FOR MANY CHALLENGES AHEAD IN THIS CONSTANTLY CHANGING INTERNATIONAL ENVIRONMENT, WE ARE CONFIDENT IN OUR ABILITY TO ENSURE THAT THIS LANDMARK PROJECT DELIVERS ON ITS PROMISE IN ALL LEVELS.” THE ELLINIKON | THE LARGEST VISITOR CENTRE OF ITS KIND
62 | CONSTRUCTION BUSINESS NEWS ME | DECEMBER 2022 WWW.CBNME.COM CBNME MACHINERY O shkosh Corporation, a leading pioneer of mission- critical vehicles and essential equipment, announced today that it had reached an agreement to obtain Hinowa® S.p.A., a privately held international company and leading manufacturer of track-based aerial work platforms, mini dumpers, lift trucks, and undercarriages. Hinowa will join the Oshkosh Access Equipment sector once completed. “We look forward to welcoming the Hinowa team into the Oshkosh family,” said John Pfeifer, Oshkosh Corporation’s President and Chief Executive Officer. “This acquisition will accelerate our electrification capabilities and provide growth opportunities across core and adjacent markets.” As an early adopter and pioneer in lithium-ion battery technology, Hinowa is well-known for its sophisticated track designs and electrification capabilities. Hinowa has been manufacturing JLG® tiny crawler boom lifts since 2010, providing electric, hybrid, and diesel variants. “We are excited to expand our long- term relationship with Hinowa,” said Frank Nerenhausen, Executive Vice President of Oshkosh Corporation and President of JLG Industries. “Combining our capabilities will enable us to serve customers better and expand our operational footprint in Europe.” Hinowa was founded in 1987 in Nogara, Italy, and today has an approximate 250,000 sq. ft. manufacturing facility and 50,000 sq. ft. parts facility with nearly 230 team members. The company has a long history of innovation, offering a diverse line of premium products for work at height and vegetation management applications. OSHKOSH CORPORATION TO ACQUIRE HINOWA
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