Construction Business News, June 2018
Page 1
THE DEFINITIVE GUIDE TO THE REGION'S CONSTRUCTION PROFESSIONALS
THE DEFINITIVE GUIDE TO THE REGION'S CONSTRUCTION PROFESSIONALS
June 2018
attraction
Centre of
ARADA's Ahmed Alkhoshaibi on how the developer is having a
success run with its unique products for the Sharjah real estate market
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Page 3
construction business news me // June 2018 //
www.cbnme.com
3
Ed Note
News
Comment
Bentley Systems’ Ashish
Kumar talks about
creating economical
designs with technology
Comment
Chloe Hilton at Pacific, Al
Marjan Island highlights
the rising popularity of
Ras Al Khaimah
Cover Story
ARADA’s Ahmed Alkhoshaibi
talks about the
developer’s plans and
strategies for Sharjah
8
12
22
24
26
// contents
JUNE 2018 // Issue #40
Keep up to date with
all the latest news,
features and much
more on our website.
www.cbnme.com
On the web
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www.cbnme.com
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// construction business news me // June 2018
6
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Event review
CBNME presents key highlights from Cityscape Abu
Dhabi 2018
Interview
Pierre Santoni from Parsons talks about the role of
technology in the growing infrastructure projects
Site visit
CBNME visits Emaar South to check the construction
progress of Phase I, scheduled for delivery mid next-year
Editor’s Pick
Diary
30
36
40
68
70
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// construction business news me // June 2018
8
// Editor's note
A steady approach
We are currently halfway through the holy
month of Ramadan which is a time for
self-reflection for people. Nonetheless, the
GCC construction sector has always been
concerned about a drop in its productivity
levels, which has led to slowdown in the sec-
tor in the past years as well. Most construc-
tion companies have reduced their working
hours for labourers, following the policies
of not working for more than eight hours
in both day or night shifts. Midday breaks
prohibit the workers from working under
direct sunlight when the temperature is at
the highest.
However, business goes on as usual; pro-
gress on the under-construction projects are
going on at the same pace. According to a
recent survey by Turner & Townsend, the
whole Middle East region stands to benefit
from the stabilisation and steady increase in
oil prices. In the UAE, construction spend-
ing has been held up by government invest-
ment in infrastructure ahead of major global
events in the coming years such as Expo
2020 Dubai.
In addition to this, let me also give you a
small brief about our upcoming July issue,
slated to be one of our biggest issues in 2018.
'Power Hour', will feature 60 influential and
top league players from the construction and
the real estate sectors in the GCC. The ranking
will be based on their overall performance in the
past year as well their backlog of completed and
ongoing projects.
I would urge all the industry players in
the region to actively participate in our
quest of applauding the top performers in
the market. Well, as an ending note, I wish
all our readers a very blessed Ramadan
Kareem and Eid Mubarak!
editor’s note
Paromita Dey
Editor
paromita@bncpublishing.net
@paromitadey1
linkedin.com/in/paromita-dey
Page 9
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Page 10
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// construction business news me // June 2018
12
For News, features and more, Visit www.CBNme.com
Follow us on twitter for breaking news: @cbn_ME
Follow us on Facebook for up-to-the-minute breaking news
An update from around the region
Construction
Update
//
Dubai developer Nakheel made
a net profit of AED1.55bn in the
first quarter of 2018 – up 5%
as compared to Q1 2017.
The master developer
handed over nearly 200
land and built form units
to customers during Q1
2018 and sold the last
available villas at its new
Warsan Village commu-
nity, with all 934 homes
now
purchased.
Mean-
while, its retail, hospital-
ity, and residential leasing
businesses all continued
to perform robustly.
Between January 1 and
March 31, 2018, Nakheel
officially signed construc-
tion contracts worth almost
AED5bn. Among them was
an AED4.2bn contract for
Deira Mall at Deira Islands,
and an AED385mn contract
for its first joint venture at
Deira Islands – the 800-
room beachfront hotel and
waterpark from Spain’s RIU
Hotels & Resorts.
Q1
2018
also
saw
significant
construction
progress
at
several
Nakheel residential, retail,
and
hospitality
projects,
including The Palm Tower,
Nakheel Mall, and The Palm
Gateway on Palm Jumeirah;
Deira Islands Night Souk,
Deira Mall, and the RIU
and Centara resorts at Deira
Islands; and Warsan Souk at
Warsan Village.
Nakheel
chairman
Ali
Rashid Lootah said: “It has
been an impressive start to
2018, with our Q1 results
reflecting our ongoing de-
livery and diversification as
per our business plan, and
our key role in enhancing
Dubai’s real estate sector
– through a growing range
of residential, retail, and
hospitality projects – in line
with government goals. As
ever, we thank our lead-
ers
for
their
continued
trust, support and belief in
our company.”
The
master
developer
recently
signed
a
new
partnership with Austria’s
largest independent hotel
chain, Vienna House, to
create
a
$160mn,
600-
room
beachfront
resort
at Deira Islands. Under
the planned partnership,
the two companies will
build a beachfront holiday
complex – Vienna House
Deira Beach – at Deira
Islands,
Nakheel’s
new,
15.3sqkm master planned
waterfront city.
Nakheel posts 5% rise in Q1 2018 net profit
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construction business news me // June 2018 //
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13
Retail
Dubai-based developer, Emaar
Development,
recorded
a
62% growth in net profit to
AED819mn during Q1 (January
to March) 2018 compared to
AED506mn in Q1 2017.
Revenue for Q1 2018 grew
by 95% to AED3.27bn com-
pared to AED1.67bn for the
same period in 2017, reflect-
ing strong construction prog-
ress focused on timely deliv-
ery. The company recorded
sales of AED3.91bn in the
first three months of the year
and now has a total backlog
of AED41bn. This highlights
the company’s strong funda-
mentals and robust delivery
pipeline of over 27,200 resi-
dential units in the next four
to five years.
In
Q1
2018,
Emaar
Development
launched
the
sale
of
over
2,500
residential units across its
mega-developments
with
overwhelming response from
investors within the UAE and
international markets.
Mohamed Alabbar, chairman
of
Emaar
Development
Emaar posts 62% increase in
net profits for Q1 2018
Real estate developer,
Dubai Properties, launched
the third phase of
Amaranta in its Villanova
community in Dubailand, to
be completed in Q4 2020.
Abdali Boulevard
Company awarded the
management of the
facilities for The Boulevard
project to FM company,
EFS Facilities Services.
Developer Lootah Real
Estate Development unveiled
a new residential project,
Lootah Residence II, in
International City in Dubai,
comprising 100 apartments.
ISG has strengthened its
senior leadership team
in the Middle East with
the promotion of Scott
McCulloch to the role of
general manager.
// Bitesize news
and Emaar Properties, said:
“With the listing of Emaar
Development, our focus was
to unlock its true potential
and create added value for
our shareholders. This is
demonstrated by the growth
of the business and focus
on delivering high-quality
projects and service with
our customer-first approach.
With our new developments,
we are bringing exceptional
lifestyle choices that meet
the aspirations of our new
generation through future
city hubs that add value to
the economy.”
In key launches during Q1
2018, the company unveiled
Emaar Beachfront, a private
gated island destination in
the Arabian Gulf, offering
residents the opportunity to
experience Miami beach style
living in Dubai. The launch of
the first project Beach Vista
was a sell-out success with
strong investor response for
subsequent project, Sunrise
Bay, together recording total
sales of over AED1.35bn.
With the continued demand
for residences in Dubai Creek
Harbour, Emaar Develop-
ment launched The Grand,
an exclusive collection of ul-
tra-luxury apartments, pent-
houses, and podium-level
townhouses.
Emaar
also
marked significant progress
in the construction of Dubai
Creek Tower, where as of
now, 90% of the pile cap
work has been completed.
At Emaar South, a joint
venture with Dubai South,
the
developer
launched
Saffron,
its
first
garden
townhouse community.
Emaar Development also
launched
an
innovative
concept for co-living with
Socio and Collective in
Dubai Hills Estate, next-
door
to
the
upcoming
Dubai Hills Mall. Socio
recorded sell-out response
and Collective witnessed
strong customer demand.
The company has over 10
mega-developments in its
portfolio, and its strategy is
to maintain its leadership
role in prime residential real
estate in Dubai, draw on its
significant land bank and
partner with leading entities
to create sustained value for
its shareholders.
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// NEWS
// construction business news me // June 2018
16
What we try
to focus on in
the past few
years is to
bring a strong
differentiation
in our
services. ”
Henrik Ehrnrooth,
president and
CEO of KONE
Corporation
Real estate
UAE-based
SHUAA
Capital
and Jabal Omar Develop-
ment Company (JODC) signed
a Memorandum of Under-
standing (MoU) with an aim
to launch and manage real
estate investment vehicles in
Saudi Arabia.
Pursuant to the recent MoU
between JODC and ADFG, the
largest shareholder in SHUAA
Capital, to explore opportu-
nities for collaboration and
partnerships associated with
new developments in Makkah
and throughout Saudi Arabia,
SHUAA Capital and JODC are
now seeking avenues of coop-
SHUAA Capital, Jabal
Omar sign MoU for real
estate vehicles
10
eration towards the creation
and management of a set of
strategic real estate funds di-
rected towards managing the
development and expansion
of centrally located real estate
hotspots across the Kingdom.
JODC CEO, Yasser Al-Sharif,
said: “We are delighted with
the strategic partnership with
SHUAA and the potential
business that we envisage
to develop together, given
their
track
record
and
experience
in
real
estate
in Saudi Arabia. This MoU
demonstrates
commitment
to our strategy to build new
strategic relationships with key
stakeholders in the region.”
Jassim Alseddiqi, chairman
SHUAA Capital, said: “We are
delighted to be partnering
with Jabal Omar on upcoming
real estate investment projects
throughout
Saudi
Arabia.
SHUAA’s established record
in managing real estate funds
and
developments
within
the Kingdom, coupled with
JODC’s
unique
reputation
and achievements in building
prime mega developments,
will help create a favourable
and
mutually-beneficial
partnership
model
for
delivering the highest quality
developments and achieve
returns for stakeholders.”
The
alliance
between
SHUAA Capital and JODC
is one of several planned
ventures, aimed at securing
a pole-position within Saudi
Arabia’s growing economy, as
part of the Kingdom’s Vision
2030 transformation plans.
// In numbers
Azizi Developments
awarded AED559mn
contracts for buildings in
Azizi Riviera Phase 4
ABU DHABI VILLA SALES PRICES
Source: Asteco
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construction business news me // June 2018 //
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17
“One of the contributing
factors to escalating
numbers of disputes in
the region is the impact
continued low oil prices. ”
Rob Jackson, RICS
“I am delighted to be joining
the Raysut Group at such
an exciting time in the
company’s development. ”
Ashley Bryan,
Raysut Cement
“We are thankful to our
shareholders for their
support and trust in us. ”
Mohamed
Alabbar, Emaar
Properties
// They said...
Real Estate
Abu Dhabi-based developer,
Aldar
Properties,
reached
an agreement with Tourism
Development & Investment
Company (TDIC) to acquire
a portfolio of prime real es-
tate assets worth AED3.7bn
in one of the largest real
estate acquisitions in the
country’s history.
Aldar has acquired assets
located in key destinations,
with a focus on Saadiyat Is-
land. This comprises 14 op-
erating assets within various
sectors ranging from hospi-
tality, retail, residential, edu-
cation, and infrastructure,
in addition to a selection of
prime strategic land plots and
projects under development
Aldar acquires AED3.7bn worth
assets from TDIC
on Saadiyat Island.
Talal Al Dhiyebi, CEO of Al-
dar Properties, commented:
“Acquiring assets on Saadiyat
Island presents Aldar with an
unprecedented
opportunity
to add significant value to its
portfolio. The opening of the
Louvre Abu Dhabi has dem-
onstrated the government’s
commitment to make Saadiyat
Island one of the most sought-
after destinations in the world.
We believe this landmark ac-
quisition will further advance
Abu Dhabi’s real estate sector
and accelerate the develop-
ment of Saadiyat Island, taking
it to the next level. This is a
very exciting time for the mar-
ket, and as its leading player,
we’re well placed to take ad-
vantage, with the injection of
these new assets represent-
ing a strong addition to our
impressive portfolio.”
The operating assets be-
ing acquired include Eastern
Mangroves complex, Saadi-
yat Island district cooling as-
sets, Cranleigh School Abu
Dhabi, Westin Golf & Spa and
other community retail and
leisure assets and will deliver
an incremental net operat-
ing income of approximately
AED120mn to Aldar’s Asset
Management portfolio on an
annualised basis.
The
gross
development
value of the projects un-
der development on Saa-
diyat Island, is AED2.5bn.
The land being acquired,
located on Saadiyat Island
is
infrastructure
enabled
and includes approximately
1.1 million sqm gross floor
area. The acquisition is ex-
pected to fully complete
by end of June 2018 and it
is subject to fulfilment of
certain conditions.
Town Square Dubai by Nshama has
launched Rawda 2 apartments that are
located right by the Town Square Park
and offer access for residents to the Reel
Cinemas cineplex, and a retail precinct
with over 500 retail and F&B outlets, in
addition to a range of leisure attractions.
With views also opening to the
Courtyard and Town Square Boulevard,
Rawda 2 comes with an affordable
choice for home-buyers, with only 10%
upfront payment needed, and the fifth
installment to be paid only upon 100%
completion. The remaining 40% of the
total value of the residence may be paid
over two years.
This means residents can check into
their own homes and make the rest of
the payments over the next two years.
The second and third installments of
15% each are also conveniently paced
apart at six-month intervals, while
the fourth installment of 10% comes
18 months from now, after the 50%
construction milestone is achieved.
Fred Durie, CEO of Nshama, said:
“Town Square Dubai has indeed come
to life with the first residents moving
in, the parks greeting families, and the
cycling track serving as their preferred
outdoor pursuit. We have put in place a
robust infrastructure including one of the
largest district cooling facilities serving
the community and work on the Town
Square Central Park is progressing at
brisk pace.”
Nshama unveils new apartments in Town Square Dubai
Page 18
// NEWS
// construction business news me // June 2018
18
Contracts
KONE bags Dubai Hills
Mall supply deal
Top 5 Web Stories
Finnish group Kone Corporation won an
order from UAE developers Emaar De-
velopment and Meraas to supply 156 el-
evators, escalators, and travelators for
its upcoming retail destination, Dubai
Hills Mall.
The mall is ideally located within Dubai
Hills Estate, offering easy access to cus-
tomers from several parts of Dubai. It
will feature more than 650 retail outlets,
a 6,000sqm supermarket, an 18-screen
Ellington begins handover
of JVC homes
Conares, the second largest private steel manufacturer in the UAE, has
inaugurated its 12’’ pipe mill in Jebel Ali Free Zone (JAFZA).
UD Trucks new
Quester launch
Aldar acquires
TDIC assets
Al Farwaniya lays Reem
Mall foundation
Site visit to VOX Cinemas
Palm Jumeirah
1
2
3
4
5
www.cbnme.com
cinema, family entertainment centres, a
clinic, spas, and external concert spaces.
Sustainably designed, Dubai Hills Estate
is a 2,700acre multi-purpose development
that will form an integral part of the
Mohammed Bin Rashid City (MBR City).
It is a unique blend of elegantly-planned
neighbourhoods centred around an 18-
hole championship golf course.
As per the deal, Kone will deliver 88
escalators, two inclined autowalks, or
travelators, and 66 elevators to ensure
smooth people flow for visitors and
employees alike.
Pierre Liautaud, the executive VP for
South Europe, Middle East and Africa
at Kone, said: “Dubai Hills Mall will
become a key venue for lifestyle ex-
periences at the Dubai Hills Estate.
Visitors will expect the highest level
of ease and efficiency when moving
within the premises, and we are ex-
tremely proud that our solutions were
selected to support the realisation of
this vision.”
// The big Picture
Page 19
Leaders in Project Management
Inspiring Innovative Leadership
www.hillintl.com
Page 20
// NEWS
// construction business news me // June 2018
20
Projects
DP World Group subsidiary,
P&O Marinas, has announced
an agreement with Monaco
government-owned Société
Monegasque
International
Portuaire (SMIP) to work on
selected marina projects in
the Mediterranean and other
locations around the world.
A MoU has been signed in
Monaco to invest, develop,
and manage yachting desti-
nations dedicated to supery-
achts. The agreement was
signed by Mohammed Al
Mannaei, CEO of P&O Mari-
nas, and Aleco Keusseoglou,
chairman of SMIP.
P&O Marinas manages the
seaside Mina Rashid Marina
project, in Dubai. There
are three phases – the first,
which was launched last No-
vember, features 500 quays,
and the other two, once fin-
ished, will be able to har-
bour 20,000 yachts.
The new marina, which
DP World unit and Monaco partner for
marina projects
is called Marina Cube, is
expected to be a new tourist
maritime and entertainment
attraction,
stretching
over
13sqkm, featuring a number
of facilities, including an
integrated entertainment city.
Mohammed Al Mannaei,
CEO – P&O Marinas and
executive director – Mina
Rashid, said: “The marinas
and superyachts market is
a growing part of our busi-
ness and we are building
on Dubai’s heritage and ex-
pertise in this sector having
already established it as a
centre for cruise and marina
development following the
wise vision and directives
of our leadership. By part-
nering with SMIP, we will
complement each other’s
experience to ensure the
very best facilities feature
high standards and inno-
vative services that create
long-term sustainable value
to clients, local communi-
ties, and shareholders.”
Ras Al Khaimah developer, Al Hamra,
announced the completion of Phase
1 of the revamped Manar Mall, one
of the emirate’s premier retail and
leisure destination with a total of 164
international and local retailers, food
outlets, and entertainment options.
The main construction work is now
finished with fit-out work for individual
units taking place in stages, some
vendors have already started to fit out
their branded units. Phase 1 of the
refurbishment project is expected to be
complete by Q3 2018 when landscaping
and infrastructure work for Phase 2 is
carried out.
Benoy Kurien, general manager of
Al Hamra Group, said: “The design
team have been working tirelessly to
get the right look and feel. We’re now
ready to move to the second phase of
development where our focus will be on
securing even more top range brands.
“We are creating something exceptional
for Ras Al Khaimah and the rest of the
Northern Emirates with a diverse retail,
F&B and entertainment complex, helping
us to realise our corporate vision as
the largest and most visited mall in the
Northern Emirates.”
Once fully completed, the gross leasable
area (GLA) will increase from just over
27,870sqm to nearly 55,741sqm, adding
an additional 80 retail destinations,
including those from the Lals Group, with
brands including Homes r US; American
children’s brand, Carter’s; the unique
lifestyle brand, Daiso Japan; Italian multi-
brand store, Miriade; and American sports
brand, US Polo Assn.
Al Hamra completes Manal Mall expansion Phase 1
Page 21
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// construction business news me // June 2018
22
// Op-Ed
C
reating an economical design
project without sacrificing
quality or safety is the goal
of any engineering team. But,
how one accomplishes this can be
tricky and often requires innovative
design applications. The engineering
teams on two construction projects
in the UAE needed to do exactly
that – meet the budget and deliver
a uniquely designed structure. The
first is a library with an iconic design
that will be a beacon of learning for
the community, while the second is
a multi-million square foot mall built
on a man-made island that will bring
in area residents and tourists. Using
innovative software from Bentley
Systems, both project teams met the
goal of the stakeholders and put
themselves in a good position to win
more work.
A Cultural Centre Like No Other
Dubai-based Al Shafar Steel Engi-
neering (ASSENT) needed to design
a cost-efficient project while deliver-
ing an architectural design that met
the needs of its client. The govern-
ment of the UAE charged the organ-
isation with designing the 66,000sqm
Mohammed Bin Rashid Library in
Dubai. The project was conceptu-
alised in February 2016, the Year
of Reading in Dubai, and hence, is
designed in the shape of an opened
book on a lectern. The seven-storey
library covers 60,386sqm of property
A Boost to the local economy
Located in Palm Jumeirah, an artificial
archipelago off the coast of Dubai, the
Nakheel Mall is a 418,000sqm complex
featuring 42ha of retail and dining
space, and will act as an entertainment
destination. It includes a hotel, medical
center, fitness facility, and movie
theatres. It also includes a three-level
underground parking structure that
accommodates 4,000 vehicles. Located
next to the Palm Tower and accessible
via the Palm Monorail and near the
Dubai tram and metro, the Nakheel
Mall will boost the local economy
when it is completed.
The multi-billion dirham luxury
facility boasts a VIP entrance and
rooftop fountains with waterfalls that
plunge 65 feet into the mall. RASANA
Engineering, the only steel contractor
hired for the project, was asked to
design the steel structure economically
and safely, and, much like ASSENT on
the library project, without sacrificing
quality. To complete this task, RASANA
needed interoperable structural design
High-profile projects are
examples of what can be
achieved when forward-
thinking organisations team
with technology partners that
can help them meet their goals.”
and will host nine million visitors a
year. The facility serves as a cultural
centre, the largest in the Middle
East, and will draw artistic and
intellectual initiatives. It will also be
linked digitally with libraries around
the world to share and retrieve rare,
valuable, and difficult-to-obtain
sources of information.
To develop the imaginative steel
elements on the project, ASSENT
used Bentley Systems’ STAAD.Pro’s
intuitive structural analysis and design
software to model the forms. Using
STAAD and the streamlined workflow
that it facilitates, the team delivered
the model to stakeholders ahead of
schedule. As a result, ASSENT saved
15% of total structural design resource
hours. “Bentley’s technology helps
produce economical designs without
sacrificing safety and quality,” said
Abdelsalam Ahmed, design group
leader with ASSENT. “STAAD allowed
us to define a complex-shape model
and efficiently collaborate with the
design team.”
Ashish Kumar, senior sales director, product sales for
Middle East and Africa at Bentley Systems, talks about
how Dubai engineering firms are at the forefront of
creating economical designs
Pushing limits
Page 23
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23
budgeted for 7,900 design hours,
but ended up needing just 6,656
hours. The flexible modeling
environment enabled RASANA to
better understand the behavior
of the structure more quickly.
The software optimised analytical
modelling and allowed RASANA to
efficiently define a complex model,
streamline collaboration, and enhance
information mobility among the team
to meet project deliverables.
These high-profile projects are ex-
amples of what can be achieved when
forward-thinking organisations team
with technology partners that can help
them meet their goals. In these cases,
the design teams were met with
critical challenges that needed to be
resolved without increasing the budget
or the time schedule. Bentley’s STAAD
solution enabled both teams to meet
their goals and, best of all, their cli-
ents’ expectations.
technology with advanced
analysis capabilities.
Using STAAD.Pro Advanced for
analysis and design of all steel
structures, and irregular built-up
structures, the project team initially
modeled all structures in Trimble’s
Tekla analysis and design software,
and imported them into STAAD.Pro
Advanced for further design and
analysis. The direct integration of
these two products improved project
collaboration and eliminated rework.
Indeed, the dynamic performance of
STAAD.Pro Advanced accelerated the
analysis process and helped RASANA
deliver on-time and on-budget con-
struction drawings.
“STAAD is the most trusted software
for steel structures here in the UAE,”
said Jebin Jacob, structural design
engineer with RASANA Engineering.
“The Design Review Authority only
accepts projects that were designed in
STAAD [and] we were confident that
our design was 100% compliant with
local requirements.”
Because the technology increased
the analysis at a rate that is 100 times
faster than normal analysis, STAAD.
Pro Advanced helped to reduce
costs on many of the steel sections.
Moreover, RASANA improved its
productivity and design efficiency,
increased quality, and shortened the
schedule. All of which resulted in a
15% savings in design time.
Jacob said: “The flexibility of
STAAD allowed us to design this
unique structure, which is an exciting
focal-point for the community.
Modeling with STAAD allowed us to
efficiently define a complex model
and share, design, and collaborate
with the design team.”
Integrating STAAD.Pro Advanced
reduced the time to design the
project, which was originally
A rendering of Nakheel
Mall in Palm Jumeirah
Page 24
// construction business news me // June 2018
24
// Op-Ed
R
eal estate across the UAE,
and in particular, Ras Al
Khaimah, has been through a
transformative change over the
past decade, especially in recent years.
Once a relatively untapped desert
haven, Ras Al Khaimah has utilised its
natural beauty to become a preferred
destination for holidaymakers,
developers, and investors alike;
with projects such as Al Marjan
Island helping to spur regional and
international interest in the emirate,
underpinning the growth potential of
the burgeoning area.
A major contributor to growth in the
emirate is the tourism sector, which
is improving year-on-year, bolstered
by the dedication of Ras Al Khaimah’s
Tourism Development Authority (RAK-
TDA), elevating the emirate to become
one of the region’s fastest growing
tourism destinations.
For 2018, RAKTDA set the prominent
target of attracting one million annual
visitors; based on Q1 results, it’s
likely the emirate is well on track for
achieving this goal. As a flourishing
tourism hub, Ras Al Khaimah attracts
holidaymakers from key international
source markets including Germany,
Russia, and the UK, with an influx
from emerging markets including
Czech Republic, Poland, and India.
Of course, Ras Al Khaimah’s close
proximity to one of the world’s busiest
transport hubs at Dubai International
Airport is helping to draw visitors to
location. A few years ago, fDi Maga-
zine, published by the Financial Times
in the UK, ranked Ras Al Khaimah
among the Top 10 Small and Mid-
Sized Global Cities of the Future, along
with the likes of Zurich, Geneva, and
Edinburgh, which is something that I
believe is really exciting for the region
and its potential.
In a move that has assisted small
and medium-sized enterprises (SMEs)
to flourish, the RAK government
launched the RAK Economic Zone last
year, which is already being recog-
nised as one of the world’s best free
zones, with over 13,000 companies
already listed in the zone. For busi-
nesses, the RAK Economic Zone
offers a trading environment free from
corporate and income taxes, and the
the Northern Emirates, but it’s also
important to note that Ras Al Khaimah
International Airport has expanded
significantly in recent years, too. Regular
flights to key tourist source markets
include Saudi Arabia, Egypt, Pakistan,
India, Poland, and the Czech Republic.
It also offers seasonal flights to other
destinations, including Latvia and Russia
and, with plans to develop routes to
more cities worldwide in the future,
the airport will help to further facilitate
growing visitor numbers each year.
It’s not just the tourism market driv-
ing Ras Al Khaimah’s development, ei-
ther. The region has managed to draw
thousands of international businesses
as a base for their Middle East, Africa,
and South Asia operations, attracted
by its cost-efficiencies and strategic
Chloe Hilton, business development manager at Pacific, Al Marjan Island, talks about the
growing popularity of Ras Al Khaimah among investors and end-users
Climbing
the ladder
Page 25
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25
Ras Al Khaimah’s close proximity to one
of the world’s busiest transport hubs at
Dubai International Airport is helping to
draw visitors to the Northern Emirates.”
ability to fully repatriate their profits.
But, in what is perhaps the most at-
tractive quality, it’s as much as 50%
more affordable than free zones in
other emirates such as Dubai, so it’s
fair to assume we can expect the zone
to continue its upward trajectory of
growth in the coming years.
Moves such as these have seen
Ras Al Khaimah’s economy rapidly
expand, being rated as A/A-1 by
Standard and Poor’s, and the ratings
agency believes the emirate’s fiscal
position will remain strong for the
foreseeable future – a strong indication
of the advancements the emirate is
making across a variety of sectors.
The shifting business and leisure
landscapes are also being reflected in
the property market, with investors,
holidaymakers, and homeowners
from around the world choosing to
purchase real estate. Up-and-coming
areas include the prestigious, man-
made Al Marjan Island, which has
recently seen the completion of its first
residential development, ‘Pacific’.
Compared to the likes of Dubai,
property prices in Ras Al Khaimah
offer investors affordability, in addition
to easy access from airports and other
emirates, and the sense of serenity and
true relaxation, which can be hard to
find in other emirates – it’s a perfectly
unique blend of affordability and
tranquil luxury.
Transforming into a destination
in its own right, Al Marjan Island is
already home to a collection of five-
star hotels on the island, including
the DoubleTree by Hilton, Rixos Bab
Al Bahr, and the Marjan Island Resort
and Spa, with as many as 15 more
hotels in the pipeline. Around 18.5ha
of mixed-use projects are also planned
by global developer Emaar, including
high-end residential projects, hotels,
and shopping promenade, which will
further draw visitors and buyers from
around the world.
Savvy investors are increasingly
setting sights on the island, with
many drawing similarities to Dubai’s
own man-made island, The Palm
Jumeirah, in which early investors
have enjoyed tremendous returns as
the area developed. A current hub
for development and progression for
Ras Al Khaimah, Al Marjan Island is
destined to play a pinnacle role as
the heart of the emirate’s booming
tourism sector and the wider economy,
and thus it’s not unreasonable to
suggest that investors could expect
similar returns when investing in
developments such as Pacific.
Setting the standard for properties
on the island, Pacific has recently
recorded a significant number of Saudi
and CIS investors and holidaymakers
purchasing the beachfront apartments
at affordable prices, with the devel-
opment presenting an unmissable
opportunity to invest early and achieve
impressive long-term growth as inter-
est in the area distends.
An attractive real estate proposition
for residents, tourists, and investors,
I’d encourage those looking to buy in
the UAE to consider Ras Al Khaimah
as a worthwhile investment, with
property on Al Marjan Island a note-
worthy consideration.
With the emirate promoting itself as
a leisure and adventure destination,
highlighted recently by the launch of
the world’s longest zip-line at Jebel
Jais, the continued demand from tour-
ists, investors, and businesses is ex-
pected to rise; Ras Al Khaimah offers a
story investment proposition for those
seeking well-priced properties in the
Middle East’s hub, the UAE.
Page 26
// construction business news me // June 2018
26
// Cover Story
We carefully assess any
opportunities that are made
available to us based on their
individual merits.”
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27
Chasing the
vision
In an exclusive interview with CBNME, ARADA chief
Ahmed Alkhoshaibi talks about the developer’s future plans
to boost the real estate landscape of Sharjah
A
ccording to the recent Sharjah
Property Market Snapshot for
Spring 2018 by Cluttons, villas
in Sharjah have continued
to buck the wider trend of retreat-
ing rents in the emirate’s residential
rental market, recording an increase
of 1.7%, while apartment rents in
Sharjah registered a steep decline
of 13.6% in rents, in the last quarter
of 2017. In addition to it, a trend of
new developers entering the Sharjah
market has added an exciting dimen-
sion to the sector.
ARADA, being a new developer
itself, has built up a formidable pres-
ence for themselves in the market with
the launch of Aljada, a master-planned
destination, covering over 2.2sqkm
that is set to become Sharjah’s largest
ever mixed-use development project.
Delivered in phases starting from 2019,
construction on Aljada began in the
first quarter of 2018 and the entire
project is expected to be completed
by 2025. Aljada is an all-encompassing
district that comprises considerable re-
tail, leisure and entertainment options,
in addition to a wide range of residen-
tial and commercial offerings, such as
a dedicated business park.
Commenting on the development
of the company, Ahmed Alkhoshaibi,
CEO, ARADA, says: “Sharjah is current-
ly undergoing a major transformation,
largely thanks to the government’s
foresight and continued investment in
the local economy. The government’s
decision in 2014 to allow all nationali-
ties – not just UAE, Gulf, and other
Arab nationals – to buy property in
Sharjah has seen a sea of change in
the real estate sector.
“Prior to founding ARADA in
December 2016, we conducted market
research in Sharjah itself, and found
that there was a real and urgent
demand for fully comprehensive
communities that allow residents
and visitors to live, work, and play
all within the same destination. This
is exactly what Aljada provides to
Sharjah. The emirate’s largest ever
mixed-use community, Aljada, features
extensive residential options, all within
a beautifully designed space, with
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// construction business news me // June 2018
28
// Cover Story
easy access to large green areas for
every resident, as well as the largest
leisure and entertainment destination
in the Northern Emirates, the Central
Hub, which is being designed by Zaha
Hadid Architects.
“In addition, Aljada also features
a Business Park with 500,000sqm
of leasable space, as well as four
hotels, schools, and sizeable retail
options throughout the community.
This is what makes Aljada truly
unique, and why it is the fastest-
selling project in Sharjah.”
Jointly founded by KBW Investments
(KBW) and Basma Group (Basma),
ARADA is a partnership enterprise
dedicated to the creation of prime
residential properties. It is led by the
top figures from both organisations
whereby HE Sheikh Sultan bin Ahmed
Al Qasimi s serve as ARADA’s chair-
man, while HRH Prince Khaled bin Al-
waleed bin Talal acts as the company’s
vice chairman.
Alkhoshaibi opines: “There’s no
doubt that the presence of two highly
respected individuals as leaders of
ARADA has been hugely beneficial
to the fortunes of the company. Both
HE Sheikh Sultan bin Ahmed Al
Qasimi and HRH Prince Khaled bin
Alwaleed bin Talal have many years of
experience in a number of corporates
and have an excellent understanding
of the business environment, both
here in the Gulf and overseas.
“And, in the short time since ARADA
was launched, we have built up a
formidable team of more than 200
executives. Each of them are experts
in their field, and together they bring
many decades of experience, many
spent with the UAE’s top developers
and other property giants from around
the world. We have also worked to
learn from those who have gone
before us - our team has been careful
to note the successes and failures
of other developers from around
the region, and further afield, in an
attempt to ensure that we bring the
very highest quality workmanship and
delivery to our projects.”
Early 2017, the developer had
launched its maiden project, Nasma
Residences, an 800-unit master-
planned community with a host of
facilities. The project offers a choice of
two- and three-bedroom townhouses,
four-bedroom semi-detached homes,
and five-bedroom signature villas.
The development expands over 46ha
of land area and anchored by four
community offerings, including a 13-
acre landscaped park with cycling and
jogging tracks and large play areas;
a multi-purpose community centre
with club house offering sports and
Sama Majlis Villa at
Nasma Residences
A rendering of First Avenue
Street in Aljada
A five bedroom signature villa in
Nasma Residences
Residential parks in Aljada
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29
recreation facilities; children’s nursery
and full-service medical clinic; an
international school; and a retail mall
offering a large-scale anchor shopping
experience for day-to-day and
specialty needs and a range of casual
dining experiences.
Alkhoshaibi claims: “We’re delighted
to say that we’ve received an
overwhelming response from buyers
for our first project, Nasma Residences.
They have been attracted to our
vision of providing comprehensive
communities at a price point that
works for everyone. As of now,
we have sold 500 units in Nasma
Residences, which features more
than 800 villas and townhouses, from
the three phases we have launched
so far. We expect to launch the last
two phases in the coming months
and expect to sell all the units in the
project by the end of the year.”
At Aljada, the developer launched
the first phase in September 2017,
and the second phase, East Village,
at Cityscape Abu Dhabi in April
2018. And till date, ARADA has sold
1,000 units in Aljada. The chief says:
“Majority of sales so far have come
from Emiratis, followed by Gulf
nationals and citizens of other Arab
countries, while recent months have
seen an increase in purchases from
citizens of South Asian countries such
as India and Pakistan.”
To keep on expanding its portfolio,
the developer hopes to announce the
company’s first project in Dubai by the
end of 2018. Alkhoshaibi points out
that the new one will also focus on the
company’s key objectives of providing
beautifully designed and sustainable
communities, with exceptional
amenities, all at an accessible price
point, just like the previous ones.
Complementing the local expan-
sion, ARADA, in the longer term, is
duly interested in expanding into
international markets. He says: “We
see Saudi Arabia as a country of
significant opportunity, particularly
given the changes that are happen-
ing in the Kingdom at the moment.
Although we have no specific time-
line for launching a project in Saudi
Arabia, I would hope that we would
be able to announce our entry into
this exciting market within the next
two or three years. Further afield,
we are also considering overseas
markets such as the UK, Australia,
and Italy, where we have an existing
land bank, although any expansion
into these areas would come at a
later date. In general, we carefully
assess any opportunities that are
made available to us based on their
individual merits.”
The Sharjah real estate market, as
a whole, has been consistently more
stable than many of its peers in the
region, thanks to strong regulations
that have protected both developers
and investors, the developer claims.
“This was one of the many reasons
why we launched ARADA in 2016.
We see Sharjah as something of a
hidden gem for real estate investors,
given the strong underpinning of
education and culture and the grow-
ing sense of entrepreneurship here,
and believe that it is on the cusp of
significant change.”
Supporting the growth, over the
course of 2018, ARADA expects to
launch and sell out Phases 4 and 5 of
Nasma Residences, and also expect to
launch the third phase of Aljada, as
well as the project in Dubai. Alkhos-
haibi concludes: “In terms of strategies
for 2018, we have focused heavily on
products that will appeal to mid-mar-
ket investors and end-users as we see
huge demand in this segment. Thus
far, we have seen a split of roughly
70:30 in terms of investors over end-
users in our projects. Over time, as
our projects start handing over units
to homeowners, we expect to see this
ratio drop towards 50:50, as is the
usual trend.”
Ahmed Alkhoshaibi,
CEO, ARADA
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// construction business news me // June 2018
30
The 12th edition of Cityscape Abu Dhabi brought together more than 100 local and interna-
tional exhibitors, and provided the platform for the launch of numerous real estate projects with
an estimated worth exceeding AED15bn
C i t y s c a p e
A b u D h a b i 2 0 1 8
// Event review
T
he 12th edition of Cityscape Abu
Dhabi officially opened on April
17, 2018, and opened the doors to
organisations keen to tap into an audience
of real estate investors from around the
world, and many of the big names in the
regional property industry.
Leading local and international develop-
ers, including Aldar Properties, Bloom
Holding, and IMKAN, were out in full
force, displaying the latest developments
and upcoming projects slated for the
emirate.
Cityscape Abu Dhabi ran until April 19,
2018, at Abu Dhabi National Exhibition
Centre (ADNEC), and was held under the
patronage of HH Sheikh Mohamed bin
Zayed Al Nahyan, Crown Prince of Abu
Dhabi and Deputy Supreme Commander
of the UAE Armed Forces.
Having witnessed a strong demand
for its developments in Dubai, Azizi
Developments attracted a record number
of buyers and investors to its stand over
three days. This traction was a result of
attractive offers on select projects including
Azizi’s mega community developments in
Meydan – Azizi Riviera and Azizi Victoria
- both of which witnessed tremendous
response from potential buyers.
Mirwais Azizi, chairman of Azizi Group,
said: “We received a positive response for
all our projects showcased at Cityscape
Abu Dhabi this year. By popular demand,
we released canal side units for Azizi
Riviera that really appealed to the buyers
and investors who were looking for
properties with unique location features.
They were especially interested in the
pricing structure that we offered on select
projects, including the 50% waiver on
Oqood and the 7% guaranteed net rental
return for three years.
“We currently have a portfolio of
AED45bn in the UAE, and this includes
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31
200 projects under various stages of
development. We have some new
and exciting announcements in the
pipeline for 2018 and we will reveal
them in due course.”
The chairman also pointed out that
2018 started out on a strong note and the
developer is continuing to see increased
demand for community projects with easy
access to the main landmarks in the city.
Unveiling details on a range of
mixed-use developments, Bloom
Holding also showcased existing
projects such as Bloom Heights and
Bloom Towers in Dubai, and Park View
and Soho Square in Abu Dhabi.
Sameh Muhtadi, CEO of Bloom Hold-
ing, said: “This year represents our seventh
time participating in Cityscape Abu Dhabi.
We consider it to be the most significant
venue for our products. We launched two
projects in 2017 and sold Tower A of both
of the projects; currently we are offering
Tower B for both, Bloom Towers and
Bloom Heights.
“In 2018, we are also announcing a
project that we will be undertaking in the
United States. It’s a part of our strategy
to diversify internationally. The mixed-
use project will be located in Rochester,
Minnesota, and will comprise a healthcare
component and senior living concepts.
In addition, we will invest in hotels and
condos for sale.”
Muhtadi also added that the company
will announce two major projects in
September this year. “We will start
construction of those early next year in
Abu Dhabi. One of them will be extremely
large and is a 15-year long project; it will
be over six phases. The other one will
be of very quick turnaround and will be
delivered early 2020.”
He continued: “We are very focussed
on customer attention, needs, and make
The team at IMKAN
Page 32
// construction business news me // June 2018
32
sure the quality of our products is highest
in the market. The customers are quite
educated and tech-savvy now; they all
ask the right questions. It’s a very good
time to invest in the UAE given the fierce
competition in the market. I believe as
long as there is economic and population
growth, there will be continued demand
for quality real estate.”
Property developer IMKAN, renowned
for creating soulful places that enrich lives,
showcased a number of projects both in
the UAE and internationally, including
Makers District, its 18ha mixed-use
waterfront development in the capital’s
Reem Island. The real estate company also
unveiled models of its other domestic and
international projects including Sheikh
Fatima Park in Abu Dhabi, Al Burouj in
Cairo, Carmine in Marrakech, and a high-
profile mixed used project in Rabat.
IMKAN CEO, Walid El Hindi,
commented: “We are very proud of
where we are today because this is
our one-year anniversary. We launched
the company last year at Cityscape
Abu Dhabi and today we are proud
to announce that not only we are able
to create a brand but also have been
working on 26 projects worldwide.
But the most important part for us as a
company is that we have around five
projects under construction currently.
“I think the feedback we have been
receiving is very positive. Our brand is
not only associated with unique projects
but also with sensitive approaches
through design for our projects. Our
idea is to create soulful places for
people to live in. We are changing the
way people live for better.”
He continued by saying: “The market is
going to face ups and downs as a part of
an historical pattern. However, most of our
projects are long-term. And our long-term
view for all the markets in which we have
presence is very positive. We believe,
specially for Abu Dhabi with its new
approach of creating and presenting the
city as a cultural hub, is truly a remarkable
achievement the city has made. We also
believe that all of what we do and try to
align our vision with it, you know you are
on the right track.”
Dubai-based Binghatti Developers
made an impact at this year’s Cityscape
// Event review
According to me,
prices for the real
estate market
will go up end of
this year.”
- Muhammad
BinGhatti, CEO
and head of
architecture
at BinGhatti
Developers
Page 33
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TO LEARN MORE VISIT GENIELIFT.ME
Page 34
// construction business news me // June 2018
34
Abu Dhabi by exhibiting its latest
projects, Millennium Binghatti Residences
in Business Bay and Binghatti Stars in
Dubai Silicon Oasis. Sharing his thoughts
on the 12th edition of Cityscape Abu
Dhabi, Muhammad BinGhatti, CEO
and head of architecture at Binghatti
Developers, said: “We have a landbank
of 28ha, which we have collected across
different areas of Dubai, including areas
like Jumeirah Village Circle (JVC), Dubai
Silicon Oasis, Business Bay, and Jaddaf.
As a developer, we believe in focussing
more on mid-range properties.
“I believe now it’s a buyers’ market and
full of opportunities. Whoever doesn’t
enter the market will feel [sorry] later on.
According to me, prices for the real estate
market will go up end of this year. I am
very optimistic with the outcome of the
show. The show has witnessed a lot of
encouraging footfall.”
// Event review
We received
a positive
response for
all our projects
showcased at
Cityscape Abu
Dhabi this year.”
- Mirwais Azizi,
chairman, AZIZI
Group
We are very
focussed on
customer attention,
needs, and make
sure the quality
of our products
is highest in the
market.”
- Sameh Muhtadi,
CEO, Bloom
Holding
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Page 36
// construction business news me // June 2018
36
Pierre Santoni, senior vice president at Parsons, talks about how technology is in the forefront
for supporting the growing infrastructure projects
In Touch with
Tomorrow
// Interview
Page 37
construction business news me // June 2018 //
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37
W
ith a multi-million dollar
infrastructure project pipeline
including a GCC-wide rail
project, technological advancements are
considered to be of supreme importance
in the region. Present in the Middle East
for more than 40 years, Parsons’ first
project in the region dates back to the
1950s. In the last 10 years alone, Parsons
has completed more than 900 projects in
the Middle East, including Dubai Metro,
Etihad Rail Phase 1, and many more. The
company has also been awarded the
site-wide infrastructure design and con-
struction supervision services contract for
the Expo 2020 Dubai site, and are also
involved in several other projects that will
contribute to providing the infrastructure
required for Expo 2020.
In an exclusive interview with CBNME,
Pierre Santoni, senior vice president at
Parsons, discusses how technology is
implemented for large-scale infrastructure
projects to stay a step ahead.
what are the infrastructure
projects that Parsons is
currently working on?
As Parsons, we cover a wide variety of
the projects in the infrastructure sector,
where we try to provide end-to-end
solutions for the fields that we are
involved in. Some of the mega projects
that we are involved in includes the
Expo 2020 and Dubai Metro Red Line
expansion (Route 2020). We also
collaborate for a lot of work with the
Government of Dubai and the Roads
and Transport Authority (RTA); a vast
majority of roads and bridges in the
emirate have been designed and are
managed by Parsons.
We also do a lot of work for private
developers including the likes of
Emaar and Dubai Properties. We are
also the project managers for the
Santiago Calatrava’s Dubai Creek
Tower in the Dubai Creek Harbour.
Some of our recent successes include
the Dubai Design District and the City
Walk project in the emirate.
Regionwide, we are working on the
much-awaited Doha Metro. In addition
to that, we have a very active practice in
Saudi Arabia where we have around 1,200
people working for us at the moment.
we get request from clients asking us
to do better work. Our role is to bring
the requests to fruition.
Parsons is always in the forefront
for collaborating with tech
companies. Any more to come in
the future?
We are one of the most technology
driven companies in the industry. We
have tied up with technology partners
to extend in the region and also have
our own technologies developed
inhouse. One of the most effective and
the important ones is the Intelligent
NETworks (iNet) platform which is an
advanced transportation management
system. It is a platform that can be
supplemented with as many pointers
as you want to support smart cities.
Then we tied up with Renovo, a
Silicon Valley-based mobility software
technology company, and together we
collaborate to enable the deployment
and scaling of commercial automated
mobility on demand (AMoD) systems.
These systems are designed to manage
an entire transportation ecosystem
made possible by ride hailing, highly-
automated vehicles, next-generation
intelligent transportation systems, and
other technologies that are now com-
mercially available.
It’s a partnership that started about
Any particular projects that
Parsons is eyeing in 2018?
We are currently tendering for a lot
of projects in the region. It’s actually
very exciting; the beginning of 2018
saw the issue of big tenders for
projects like the Etihad Rail Phase 2. In
addition, we are a member company
of Hyperloop One’s technical advisory
board, which is designed to facilitate
a close dialogue between Virgin
Hyperloop One and a small number
of key partners. We have contributed
technical resources and know-how
to advance the complex engineering
that is required for such an innovative
transport mode.
We are lucky to be in this part of the
world who are thirsty for innovation
and technology and, every single day,
As a whole, we
are not focussed
on the production
of energy itself;
what we provide is
protection for the
infrastructure. ”
Parsons worked on
the Dubai Metro
Page 38
// construction business news me // June 2018
38
us at the moment. The emirate has
sustained growth for the last few years
and has shown impressive performance
despite dipping oil prices and
geopolitical issues. We are also quite big
in Saudi Arabia with a strong presence.
We delivered some big projects there;
we are also in the process of delivering
the Riyadh Metro soon. It’s the single
largest civil engineering project at the
moment in the world.
How does Parsons contribute to
the energy infrastructure sector
in the region?
As a whole, we are not focussed
on the production of energy itself;
what we provide is protection for the
infrastructure. One of the trends we
have seen in the recent years is the
threat to critical infrastructure. Parsons
is one of the strongest in the industry
in critical infrastructure protection
(CIP) and cyber security protection.
From physical to cyber threats, we
provide services for the prevention and
mitigation of these threats throughout
the delivery of the project – starting
from the very early planning stages
to the operation and commissioning.
Regionally, we are in talks with some of
the main energy providers like DEWA,
FEWA, and many more to collaborate
with them for such services.
Any particular strategies that
Parsons has adopted for 2018?
We are looking and extending our
business in innovative mobility,
which we provide in other parts of
the world but not so much in the
Middle East. Any technology driven
solutions for the clients that we work
for is our current focus. We believe in
bringing the best practices first to the
Middle East market. Clients are very
innovative in this market. I have never
seen a client here that has held us
back in terms of innovation.
We have several main divisions,
including public and private sector and
defence and security. The defence and
security division look after CIP and
cyber protection, in which we are see-
ing a very strong growth in the region.
Also, private sector developers have
been performing tremendously well
for us in the region.
// Interview
six months ago and gained popularity
quite quickly. The first AMoD
deployment will be in 2018; we are
waiting for the right opportunity.
What kind of support
have you received from the
regional governments?
There are a lot of ways to deliver
support; one of that is through the
proper implementation of projects. We
work on projects that are financed by
the respective governments and in turn,
they also have the responsibility to set
up regulations and legislations, which
are sustainable in the long-term. We lead
in different ways, but the governments
provide us with the effective enabling
environments. For example, for the
Dubai Metro, we carried out program
management and construction
supervision services. We are also doing
the same for the Etihad Rail, the first
freight railway network in the UAE.
Which is the best
performing market for Parsons
in the region?
Dubai is the most dynamic market for
Parsons was the project manager
for the Dubai Water Canal
Page 39
Page 40
// construction business news me // June 2018
40
CBNME takes a tour of the Emaar South development, where Phase 1 of the monumental project
is currently under construction and on time for delivery
The south
Has risen Again
// Site Visit
Page 41
construction business news me // June 2018 //
www.cbnme.com
41
D
ubai South (formerly known
as the Dubai World Central)
is the next upcoming zone in
the emirate that is expected to support
a number of activities including logis-
tics, aviation, commercial, exhibition,
humanitarian, residential, and other
related businesses based around Al
Maktoum International Airport. The
construction area is spread across
140sqkm, close to the Expo 2020 site,
and is estimated to be the future home
of 900,000 people.
To support the fast growing and fa-
vourable development, one of Dubai’s
most sought-after developers, Emaar
Properties, announced a huge resi-
dential project, Emaar South, featuring
six districts anchored by an 18-hole
championship golf course, a number
of large community parks, dedicated
retail precincts, and three- and four-
star hotels.
Fadi Shaher El Borno, general man-
ager, joint ventures, Emaar Properties,
comments: “In terms of size and scale
of the development, Emaar South cov-
ers 7sqkm. We are constructing the
project in four phases; the first phase
is well under construction. The whole
masterplan comprises 25,000 units,
comprising 7,000 villas, townhouses,
tiered townhomes, and approximately
15,000 apartments. The centre of at-
traction for this development is the
18-hole championship golf course,
which sits at the heart of the project.”
Work is ongoing at a rapid pace
with Emaar making significant prog-
ress on various components including
road and infrastructure work.
Development of all the residential
components launched are also pro-
gressing at a fast pace, with Urbana 1
tiered townhouse community ready-
ing for handover in the third quarter
of 2019. Urbana 2 and Urbana 3
homes are also scheduled to be de-
livered by end of 2019, in addition to
the Golf Views apartments. The Golf
Links villa community is scheduled
for delivery in the first half of 2020,
just in time for the Expo
2020 Dubai.
Work on the sprawling green
district park and the vast landscaping
will start soon as well as that of the
championship golf course. The main
spine of the development, billed to
be a boulevard, will also take shape
shortly. The 132kV substation that
will serve the community will also be
finished next year.
Borno says: “Phase 1 includes
Urbana 1, Urbana 2, and Urbana 3;
Saffron townhouses; Golf Links and
Golf Views apartments; retail centre;
main boulevard; District Park and
all the associated landscapes; the
clubhouse; utility yard; and the three
major holes of the golf course. In any
brownfield or greenfield site, the first
two years is majorly getting all the
infrastructure done.
“The masterplan officially broke
ground just beginning of 2017.
Different packages have different
completion dates; in terms of buildings
works, they are about 40% complete.
“We are currently towards
completing the deep and shallow
Fadi Shaher El Borno, general manager,
joint ventures, Emaar properties
We have
paid close
attention to
the landscape,
so we have
awarded major
contracts.”
Page 42
// construction business news me // June 2018
42
services and the roads. We are past
enabling works by a year and a half.
Also, we have already completed the
roads in the Urbana 1 community.
Concrete works are almost completed
as well.”
He also adds that buyers come from
different parts of the world, from
modern families interested in the
tiered townhomes, and other families
who like to live in apartments and
typical townhouses. “We saw equal
demand for different products. We
believe in catering to the world.”
Currently there are just over 4,000
workers on site between infrastructure
and building works. Borno points out
that there are three major contractors
on site responsible for infrastructure,
building works, and utilities. “We are
talking about eight main contracts
worth AED1.5bn mainly building
works, 1,700 units between different
asset classes, deep and shallow
infrastructure services and roads, and
the utility yard for power.”
Borno also claims that the
developer always supports all its
products with major amenities.
“Within Phase 1, we are building
a retail centre, which will have a
supermarket, nursery, bank, and all
the necessities that any residents will
need day to day. We will also have
a school and a mosque that will be
constructed very soon.
“We have also paid close attention
to the landscape, so we have awarded
major landscape contracts. We always
promote a healthy living for our
residents, so we have walkways,
pathways, bicycle tracks, and even
outdoor activities like gym equipment
to promote a healthy style of living.
We have ensured that we have
walking paths which will take you to
the boulevard and the golf course.”
Within each community like the Ur-
bana or the Saffron or the golf course,
the developer has included community
clubhouse and club centres which
makes every community self-sustained.
// Site Visit
Infrastructure works for
phase 1 are in full swing
Currently 4,000 workers are
on site between building
and infrastructure works
Eight main contracts have
been awarded for the project
Page 43
Page 44
// construction business news me // June 2018
44
Borno says: “We continuously improve
and always learn to do things better
from the predecessors. The golf course
is under construction and as part of
Phase 1, we are building the three
major holes and a driving range, sup-
ported by a golf clubhouse.”
The Golf Links neighbourhood will
offer only four- and five-bedroom golf
villas that overlook the greens, have
extensive backyards, and assure a se-
rene lifestyle away from the bustle of
the city. The G+1 four-bedroom villas
in Golf Links have a built-up area
of 275sqm while the five-bedroom
homes are spacious at 356sqm. Fea-
turing living and dining areas, open-
kitchen with built-in cabinets and
breakfast counter, walk-in wardrobe
cabinets in the master-bedroom and
built-in wardrobe cabinets in all oth-
ers, the residences will have covered
parking for two vehicles.
Emaar South is uniquely positioned
at the crossroads of Dubai and Abu
Dhabi, and a short drive from Jebel
Ali Free Zone (JAFZA), the home to
thousands of global enterprises. Its
central location brings assured long-
term value for customers – through
strong returns on investment and
rental yields. Its diverse residential
offerings ensure that families seeking
a getaway in the heart of ‘new Dubai’
will find something to suit every
lifestyle. Emaar South promotes
relaxation, play and the outdoors,
and is set among a network of parks
and green spaces in addition to the
soothing fairways of a championship
golf course.
Borno concludes: “The master de-
velopment is definitely in the range of
10-year span and we are very much
market-driven. We are very aggressive
and continuously launching various
products. We will also be build-
ing Phase 2 and Phase 3 within and
Emaar being a market leader, we al-
ways respond to the market demands
and changes.”
// Site Visit
The masterplan officially broke
ground in the beginning of 2017
Emaar South is uniquely positioned at
the crossroads of Dubai and Abu Dhabi
The project is being built in four phases
Page 45
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A truck with a cab designed to offer more comfort and driveability, as well as
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efficiency to keep your business running like clockwork. With the all new Croner,
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Keep Your Business Running On Time, Every Time.
Page 46
// construction business news me // June 2018
46
// Interview
Eddy Abou Khalil,
general manager,
Cosentino Middle
East, talks about the
general trends in the
external facades and
cladding in the region
Façade in focus
A
ccording to recent market re-
ports, the global cladding market
is expected to reach $111.1bn
by 2025. The shift in trend towards
protecting exterior walls and growing
construction of non-residential buildings
such as offices in both developed and
developing economies is expected to
drive cladding growth. Stringent green
building regulations and codes such as
the LEED certification and others are en-
couraging investments in energy-efficient
exterior panels in commercial as well as
residential buildings.
Spanish family-owned company,
Cosentino Group, produces and
distributes high-value surfaces for de-
signers and architects. Its Middle East
general manger, Eddy Abou Khalil,
gives an insight into the regional mar-
ket and the rising demand for innova-
tive and energy-efficient products.
In the aftermath of so many
fire incidents in Dubai, what
improvements can be brought to
the external facades and cladding
of a building to avert them?
Electrical short circuits, smoking, and barbe-
cues on balconies have been behind most
fire incidents in Dubai. And in such cases,
poor quality exterior cladding is responsible
for the rapid spread of fires, causing dam-
age to both property and lives.
In the aftermath of these fire incidents,
the UAE Fire Safety and Life Protection
Code have been updated and devel-
opers, consultants, contractors, and
manufacturers have to comply with the
stringent specifications and installation
guidelines for cladding. As a manufac-
turer of cladding surfaces, Cosentino
invests heavily in R&D to create quality
material that is highly resistant to heat
and fire. Our ultra-compact surface,
Dekton, is one such innovative material
that has practically zero flammability. We
also take the responsibility to increase
awareness about such material that is
not only fire safe but also offers other
benefits such as energy efficiency.
What are the current projects
that Cosentino is working on?
Any new ones that the company is
eyeing for?
Currently, we are working on W Hotel,
Page 47
construction business news me // June 2018 //
www.cbnme.com
47
Marina Gate, and Belgravia by Ellington
which are nearing completion. We
have just been awarded two new
residential projects at Bluewaters and 1/
JBR. In addition, we are continuing to
target both residential and commercial
projects across the GCC and Levant.
What are the new trends in facades
and cladding that would dominate
the regional market in 2018?
There is a growing trend towards
materials available in large format that
enables more freedom in the design of
facades. Aluminum Composite Panel
(ACP) seems to be gradually losing its
foothold as natural cladding like stone
or materials that replicate the look
slowly gains popularity.
How different are the facades and
cladding in the region from the
ones globally? What is the one
standout feature here?
Construction in the Middle East stands
out for its prolific use of ACP and glass
in facades compared to anywhere else
in the world. This has been largely
driven by factors such as cost and
practicality of the material. However,
now with strict regulations for the use
of cladding material in building façade
systems, developers and contractors
are looking at sturdy options with
better longevity. While cost is still a
major concern for developers, there is
definitely a shift in preferences.
How do you differentiate
Cosentino from the competitors in
the region?
We differentiate through our products,
services, and the relationships we are
building with developers, fabricators,
and the A&D community in the region.
For the Middle East market, we have
two pioneering and technologically ad-
vanced brands, Silestone and Dekton,
that are superior quality, extremely
low maintenance, and versatile for in-
terior and exterior applications. We are
one of the few to offer large format
slabs with the added plus of having a
showroom capable of displaying these
large format slabs.
We are also focused on educating
our partners and building long-
term relationships.
We invest heavily in activations
ranging from design collaborations
to talks and knowledge exchange to
support the industry.
How was 2017 for Cosentino? Any
new strategies for 2018?
2017 was a challenging year for us as
it was for most others. We have learnt
from that and we’re moving ahead with
a positive outlook for 2018.
Globally, Cosentino’s strategy is to
get closer to the A&D community. In
order to do this, in 2013, Cosentino
launched the concept of opening
showrooms in the city centre of
key global cities in a format called
‘Cosentino City’. A Cosentino City
is not a conventional store. Rather
it is designed as an information and
service centre for architects, interior
designers, and end consumers. It is
a space immersed in the brand DNA,
designed to encourage experiential
engagement with our materials and
interaction with our team.
In November 2017, we opened
the doors to Cosentino City Dubai at
Dubai Design District (d3). And we
manage the Middle East operations
from this regional hub. To strengthen
our presence, we have also doubled
our team strength and have
dedicated professionals managing
each regional market.
Do you feel there is a lack of
awareness in the market about
facades and cladding? What should
be done to improve on that?
There is low awareness about sur-
faces in general. As a manufacturer,
we tackle that through all the initia-
tives that we host at our Cosentino
City. These include talks, events, and
interactive workshops with industry
experts covering various topics, all
aimed at increasing knowledge about
specifying the appropriate product for
the desired application.
Page 48
// construction business news me // June 2018
48
// Machinery & Vehicles
Our monthly review of the workhorses of the construction industry
Muscle & Might
Muscle & Might
Combilift unveiled its new EUR50mn global
headquarters and manufacturing facility in Ireland
CBNME meets the Renault Trucks team guiding the
company’s Middle East progress
Richard Sweatt, Middle East territory manager, Euro
Auctions, shares his insight into buying excavators
Key highlights from Intermat Paris 2018
CBNME talks to industry majors about the changing
role of cranes in a maturing market
52
54
58
62
64
Page 49
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Page 50
// construction business news me // June 2018
50
// Talking point
Fleet
Intelligence
Ford Trucks discusses how its FMS solution can transform fleet operations
Ford Trucks continues to bring new
features and special services to its
customers in the region. During its
successful product launch event of
its Tractor Head Series recently in the
region, Ford Trucks also launched its
new Fleet Management System (FMS),
which enables clients to track critical
and essential data as well as the status of
their vehicle to control the operational
costs of fleets. It can also deliver huge
savings on fuel and help fleets to better
control the uptime of their vehicles.
Efficiency and productivity are
increasingly important to fleets in the
region with many of them utilising
telematics and software to manage
their operations. To maximise the
effectiveness of their operations,
fleet can equip Ford’s Trucks own
sophisticated FMS solution and access
mission- critical data such as being able
to follow each truck’s location and the
vehicle’s condition.
Ford Trucks’ FMS unlocks the opera-
tional potential of fleets with features
such as the live monitoring of vehicles,
fuel consumption tracking, and sudden
fuel drop alerts. It is also a powerful tool
for monitoring driver performance and
will measure on-site operational produc-
tivity via detailed reports on the vehicles
and drivers.
Driving in the Middle East is a
demanding profession and the skills,
experience, and abilities of fleet drivers
can vary considerably. Through features
such as the Intelligent Dashboard,
as well as reports and alarms, fleet
managers can ensure that drivers abide
closely to the traffic rules by tracking
poor driving practices and speeding,
thereby decreasing the potential risk of
car accidents and the number of driving
fines and penalties.
If there has been an accident or
emergency, fleet managers will receive
instant warning messages from the
vehicle ensuring they can respond
immediately. The location of vehicles
can be identified in the shortest time
possible in the case of stolen or lost
vehicles - fleets should also be able
to receive additional discounts from
insurance companies due to the use of
the vehicle tracking system. For added
security, Ford Trucks’ solution can also
prevent the theft of fuel from vehicles
using its array of special sensors and
software programs.
To optimise the management of the
fleet and drivers, managers are also able
to draw up individual driver profiles
and properly evaluate the performance
based on statistical data. Managers can
also receive daily reports to access up-
to-date data on operational costs.
Ford Trucks estimates that by
deploying its FMS, fleets can save up
to 20% on their fuel costs and can also
reduce maintenance costs by extending
intervals and reducing wear and tear.
It enables fleet managers to better plan
maintenance schedules and services
while repair work on their vehicles
can be followed by using specially
developed software programs.
The Ford Trucks FMS is an in-built
solution created in partnership with
Arvento, one of the leading companies
in the FMS sector and has provided its
solution in three continents. Arvento
brings to Ford Trucks FMS solution a
broad product portfolio and a wide
range of after sales service points which
perfectly matches with Ford Trucks’
high-end series. Ford Trucks is always
dedicated to being the right partner to
its clients far beyond the initial purchase
and after sales support is essential for
the FMS as well.
In fact, Ford Trucks FMS’s 7/24 Real-
Time Tracking and Control and wide af-
ter sales network makes this agreement
a perfect match for fleets. This system is
designed to maximise fleet flexibility and
can be customised depending on fleet
requirements with a series of features for
fleet verticals.
Ford Trucks will also work with cli-
ents to put together an FMS service pay-
ment plan that fits with their budgets.
Ford Trucks also offers further flexibility
with preventive service contracts and
comprehensive service contracts which
customers can again tailor, depending
upon their operating requirements.
Major benefits
• Safe Driving
• Cut idle times significantly
• No more fast, aggressive,
and high RPM driving
• Increased use of correct
routes
• Enjoy 25 data tracking
features
• Get reports on all violations
• Access correct and
qualitative analyses
• Access detailed reports on
customised website
• More detailed vehicle
monitoring with optional
accessories
Page 51
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Page 52
// construction business news me // June 2018
52
// Machinery
Soaring success
CBNME attended the official opening of Combilift’s new EUR50mn global headquarters and
manufacturing facility in Monaghan, Ireland
F
orklift manufacturer and mate-
rial handling solutions provider,
Combilift, officially opened its
new global headquarters and manufac-
turing facility in Monaghan, Ireland.
Celebrating its 20th anniversary this
year, the company also announced
that it will be significantly expanding
its workforce with the creation of 200
new jobs in the next three years.
Built at a cost of EUR50mn, the
investment in the new 46,500sqm
facility will allow Combilift to realise
its ambitious growth plans.
Martin McVicar, managing director
of Combilift, said: “We have employed
an additional 230 people since we
announced our plans for this factory
in 2015 and the combination of this
production plant and the growing
skilled workforce will allow us to
double production within the next
five years.”
Combilift currently exports 98% of
its products to 85 countries through
its 250-strong international dealer
network. The current workforce
stands at 550 people and the new
employment opportunities will be for
skilled technicians, design engineers,
logistics and supply chain specialists,
and those with mechanical and
electrical mechatronics skills.
New Factory
The new 46,500sqm purpose–built
factory is set on a 100-acre site with
room for future expansion when
required. With 11 acres of roof space,
it is one of the largest manufacturing
operations under one single roof in
the Republic of Ireland. Incorporating
the latest manufacturing processes
with a focus on sustainability, the new
factory will enable Combilift to double
its output in a single shift across all
production lines.
Four 90m moving assembly lines
produce a finished truck every 15
minutes. There are 60 welding bays,
two plasma cutting machines, three
paint lines which use sustainable
water-based paints, and three
automatic shot blasters to cater for
different sized products. 12,000 pallet
locations ensure ample storage space
for parts and components. The facility
also includes a 50-seat cinema training
room, 5,000sqm of office space, and
a dedicated R&D Development and
Testing Centre.
23% of roof space is covered in sky-
lights, enabling staff to work in natural
daylight without the assistance of artifi-
cial lighting. Other lighting is provided
through 1,100 LED lights with indi-
vidual PIR sensors. Solar panels supply
185kW of energy with a 1MW biomass
plant fuelled by recycled wood (pallets
etc.) to heat the spraying booths and
assembly area. 110,000l of rain water is
harvested for jet washing and bath-
room facilities.
More than 50 truckloads of finished
products are dispatched from the
factory each week, and spare parts are
shipped across the world to the dealer
network. Certified to international
Page 53
construction business news me // June 2018 //
www.cbnme.com
53
Between 2008 and 2018, Combilift
diversified its product range by devel-
oping a number of innovative space
saving warehouse and heavy load
handling products; the Aisle Master ar-
ticulated truck and the Straddle Carrier
(Combi-SC) respectively. Pedestrian
products were introduced into the
range in the last five years, enabling
Combilift to gain foothold in this grow-
ing market. The Combi-WR, Combi-
WR4, and the Combi-CS all incorporate
Combilift’s unique patented multi-posi-
tional tiller arm technology.
“There is a growing demand for
pedestrian trucks, driven by safety
concerns where customers and/or em-
ployees are in the vicinity of operating
forklifts,” said McVicar. “It is our inten-
tion to significantly expand this range,
as can be seen with the launch of the
new high lift capacity Combilift Pow-
ered Pallet Truck (Combi-HC-PPT).”
Middle East plans
Combilift started its Middle Eastern
business 12 years ago back and,
according to McVicar, there are lots of
opportunities in the region. “We had a
recent meeting in Dubai with Danube;
they are a DIY chain and are really
interested in looking at pedestrian
equipment because their stores are
always busy and we all know how
much health and safety is becoming
important in every country. So, for
us, the more safety conscious the
customers become, it’s a real benefit
for our business.
“In the Middle East, we have been
doing business for over 12 years now.
So, it’s a very significant market for
us. We are growing there, and a lot of
opportunities lie in the market.”
The company sees its biggest growth
in Saudi Arabia. McVicar concludes:
“We try to target the easy projects first.
In Saudi Arabia, we have a lot of busi-
ness happening for steel fabricators; the
construction market is buoyant, and the
long loads material handling solutions
are very successful. Also, there are a lot
of warehouses being built in the coun-
try. Hence, we witness growth from
that sector as well.”
expanded way beyond its first
multidirectional model, according
to McVicar. “Combilift has always
focused on a number of niche market
segments and has a proven track
record of launching one or two new
products annually. In the first 10 years,
we focussed on the long load material
handling sector with the multidirectional
range which revolutionised the handling
of long materials, allowing customers to
handle long products in less space
more safely.”
quality and safety management
standards, the new headquarters
and manufacturing facility has been
awarded ISO 9001 international quality
management system, ISO 14001
Environment Management, and OHSAS
18001 Occupational Health and Safety
Assessment Series.
Mass Customisation
McVicar attributes the company’s
impressive growth and its status as
an acknowledged world leader in
the material handling sector to mass
customisation. “Combilift has set the
benchmark for the mass production
of customised innovative products.
Mass customisation is the new
frontier for both the customer and
the manufacturer as customers are
increasingly expecting products to
be tailored to their requirements. We
listen to and take feedback on board
from our customers and dealers to
identify solutions that best match their
individual specific needs.”
Combilift invests 7% of its annual
turnover in research and development
to enhance its customisation capability
and to maximise return of investments
(ROI) for its customers. McVicar
adds: “The flexibility in our new
facility means that we can continue
to accommodate any request for a
customised material handling solution.
We also see ourselves as much more
than a forklift manufacturer and are
transforming the transport and logistics
sector with our innovative, space-
spacing products and our services.”
Combilift also offers a free logistics
and warehouse design service which
enables customers to see the benefit
that its products will bring to their
business. “Our engineers proactively
design, plan, and produce material
flow analysis and 3D animations - 150
to 200 per day for our worldwide
customers - which clearly illustrate
the capacity potential as well as the
optimum flow of materials on their
site,” said McVicar.
Product portfolio
Combilift’s product portfolio has
Martin McVicar, MD, Combilift
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// construction business news me // June 2018
54
// Trucks
CBNME meets the Renault Trucks team guiding the company’s Middle East progress
I n f o r t h e
l o n g h a u l
R
enault Trucks is emerging from
Volvo Trucks’ massive re-organisa-
tion of its brands with a renewed
ambition and refreshed line-up. Its own
rich heritage in the region reaches back
decades, particularly across North Africa
where there remains a strong link with
its French colonial past. It would be
tempting to view its strong presence in
countries such as Morocco, Algeria, and
Tunisia, where almost one in every two
trucks bear a Renault badge as the major
focus for the company, but in the last
year it has taken steps to enhance its
capabilities and reach across the entirety
of the Middle East and North Africa.
Recently dealers and customers gath-
ered at its May Long Haul Days event
in Istanbul to test its latest trucks and
find out more about its newest services,
Gregoire Blaise, VP, Greater Middle East,
Renault Trucks, rattles through a list of
significant changes to its approach to the
market, including the establishment of
a new regional headquarters for its new
and used trucks operation under the
Greater Middle East banner, a roll-out of
its T, C, and K ranges, Euro 5-powered
trucks in the UAE, the introduction of its
automatic crawler gear system XTENDED
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55
Optidriver, a re-start in Sudan and entry
into Pakistan.
While 2017 saw a total of 49,930
trucks delivered globally, Blaise says that
Renault is ramping up its presence in a
challenging market overall.
“We can say that 2017 for the industry
was not a very good year. Overall, the
markets were declining and there were
a lot of difficulties as I’m sure you were
aware,” he says before adding that
Pakistan could be relatively strong for
Renault Trucks in the future, despite
competition from Japanese and Chinese
manufacturers because of the investment
in infrastructure in the country. “For the
last five years, it has really been doing
regular and steady growth.”
Olivier De Saint Meleuc, SVP, Renault
Trucks International, explains that the
strategy for the truck maker is to invest
in the region now so it is prepared when
the market recovers.
“We consider that the actual market
is very low but when Europe drops this
time, the Middle East will grow - this is
why we are making the investment now;
investing in new headquarters, re-staffing
in all different countries, investing in new
importers,” he remarks. “We invest now
so we can take the fruit when the market
is higher.”
Furthermore, the company has set-up a
financial advisor in Dubai as it considers
how it can provide financial support to
fleets via its dealer, says Blaise: “We are
exploring the possibility to bring some
financial tools to countries although each
of them will be a different case.”
Currently serving 46 service centres
in the region, Renault Trucks is also
working closely with its local partners, De
Saint Meleuc says, to identify how it can
better help their fleet customers.
“What we have felt for many years is
that it is important to have offices in each
of the countries in which we operate and
have people on the ground to understand
what the customer really wants,” he
says. “The key strategy is to work with
our importers because they are running
each country and know the culture. The
dealer always knows the customer better
than we do. The trust in our importers
is the key for how we want to build our
infrastructure worldwide.”
“Going back to 2016, we decided that
we needed to be closer to our cus-
tomer,” says Blaise. “The main purpose
is to listen.”
During the event, CBNME was told
how Renault Trucks’ C and K range
vehicles have been developed to pro-
vide an efficient response to customer
demands, whether they are being driven
on or off the road. The company be-
lieves they set new standards in terms of
robustness and productivity and on the
sidelines of the Istabubal Park Circuit,
the team was shown how each model
can easily be adapted to suit a wide
range of applications within the distribu-
tion and construction.
Explaining that, importantly for fleet
buyers in the region, both the ranges
have undergone rigorous quality trials
and exhaustive field testing under real
operating conditions “to ensure they ex-
cel” within the Middle East market, Blaise
says that the priority is to offer trucks that
maximise fuel efficiency.
“We have two ranges that cover Euro
3 and Euro 5 which can go for different
segmentations, three different cabs, three
engines, and you can do any number
of configurations using these to do
any application but, most importantly,
we are proven to be best-in-class in
fuel efficiency,” he says. “By proven I
mean, we have conducted a lot of tests
with all the competitors with similar
set-ups and in the same conditions and
traffic. We have one of the best engines,
drivelines, cabs, trucks, and with the best
fuel efficiency, customers have a huge
responsibility to benefit from that.
“I know that fuel consumption isn’t
one of the main (concerns of fleets) as
the fuel prices are not up high but be
sure that it will not last and the price will
increase because of tax, etc,” he remarks.
“If you are better at managing fuel
efficiency compared to your competitors,
then you will be more competitive than
they are.”
At the Long Haul Days event, Renault
Trucks demonstrated how much of this
extra fuel efficiency is being produced by
the development of a new engine and
a newly extended Optidriver driveline
system which enables drivers to move
at very low speeds on rugged terrain or
when pulling a heavy load. Those invited
to Istanbul were able to experience
Renault Trucks’ newest features out on
the track.
“We say it is a proven new range,”
says Blaise. “It demonstrates adaptation
and evolution but we have some new
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// construction business news me // June 2018
56
features. We have addressed minor issues
that we faced at the beginning: there's a
new engine and we have extended the
Optidriver system to allow you to have
very slow movement of the trucks and
still have control.”
He continues: “We are convinced
Optidriver is the best gearbox in the
market. And for construction and
long-haul applications, it is a fantas-
tic gearbox. We are still investing but
moreso to finetune - and our customers
are extremely happy with it. The reality
today is that only an extremely highly
skilled driver can save a slight amount
of fuel. You have to be extremely good
to be better than the gearbox. There are
some drivers who think are better but it
is our task to convince.”
The move to Euro 4 and Euro 5 emis-
sions standards in the UAE has been a
major change within the Gulf market and
like other manufacturers, Renault Trucks,
saw a pick-up in demand for Euro 3 ve-
hicles prior to its introduction as fleets.
“We saw a bounce before the
implementation,” Blaise notes. “For our
customers, there is an added constraint
that they wanted to avoid. While we have
had to do some training on it for our
aftersales which is normal, but I believe
it is much harder for manufacturers from
India or China. We have been on this
Euro 5 journey for a long time, but it is
not a big deal.”
“It is more a question for us to work
with our importers to anticipate the pre-
and post-buy volumes,” adds De Saint
Meleuc. “From a service perspective, it
is something that we are managing well.
This is an example of why it is important
with us as Renault Trucks to have via our
importers a direct connection with the
final customer. Whether it is Saudi Arabia
or Pakistan or everywhere, this is why we
need to keep feet on the street.”
With De Saint Meleuc calling the
Middle East as high on the agenda for
the truck-maker, Blaise highlights the
importance of bringing dealers and
distributors together at an event such as
Long Haul Days in Istanbul.
“We believe that any customer
touching or using our trucks is con-
vinced that our brand deserves much
more than it has right now in the
Middle East. We need these events
and demos - and partners who are
fully committed. We are back, and we
want to be here in the long-term as we
believe the market growth will come
from this region.”
Blaise is a relative newcomer to the
Middle East, arriving in 2016 as part of
Volvo’s shuffling of its four-strong truck
pack (Renault Trucks, Volvo Trucks, UD,
and Mack). He explains why he is sure
Renault Trucks can maintain momentum
against its peers in the market.
“We are in a business where people
have memories because they are buying
and using a truck for a long time. In our
business, if you are really principled,
committed; and there when your custom-
er needs you, they remember that. This is
why I am enjoying my work.”
// Trucks
Optimising
Total Cost of
Ownership
Renault Trucks believes it has
developed a global transport
solution that optimises operating
costs for fleets in any market.
The manufacturer has committed
itself to be being present
throughout the vehicle's entire
operating life and provide them with
efficient financing and insurance
solutions, low fuel consumption,
instruction in economic driving, and
efficient locally-based maintenance
services, as well as ways of
reducing downtime costs.
To help its customers cut fuel
consumption and therefore reduce
operating costs, Renault Trucks
has made this issue the focus of
its concern right from the vehicle
design stage.
The C range is fitted with an
OPTIDRIVER automated gearbox
as standard, together with cruise
control with features designed to
optimise commercial speed and
reduce fuel consumption.
The cabs of the C and K ranges
have windscreens set at an angle
and in trapezoid form, narrower
at the front than at the rear,
which boosts the air penetration
coefficient by up to 12%.
Hauliers will also experience
increased profitability thanks to
the technical qualities of the C
and K ranges, since the engines
deliver a hitherto unrivalled level
of performance. With its optimised
curb weight, the C range offers a
Gross Combination Weight Rating
(GCW) of up to 100 tons for a 6x4
tractor. For its part, the K range
offers a GVW of up to 120 tons.
Focussing on the driver as well
as the vehicle, Renault Trucks has
been developing its own instruction
in economic driving over more
than 30 years, which is being
continually adapted to keep pace
with customers' changing needs
and technological innovations. Over
25,000 drivers have now followed
OPTIFUEL training instruction.
Page 57
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// construction business news me // June 2018
58
// Auctions
Richard Sweatt, Middle East territory manager, Euro Auctions,
shares his insight into buying excavators with CBNME
E
xcavators are the work horses
of projects in the region but
when buying an excavator
at an auction, where there is
typically a multitude of models and
types to choose from, how do you
pick the best of the bunch? How
do you find that perfect excavator?
How do you avoid ending up with a
rogue machine?
Machinery auctions specialists, Euro
Tip #1
Tip #2
History
Slew Ring/ Pins and
Bushings
style auctions. You can tell a lot from
just looking carefully as each ma-
chine comes on to the ramp for sale.
Is it breathing, or smoking, or is it
excessively noisy?” He tells CBNME.
“Exhausted? You will be, but if you
are looking for a good machine, you
have to put the effort in to finding
out exactly what you are bidding on
or buying. Follow these tips and you
won’t go too far wrong.”
Auctions, has created a ‘Top Tips’
list for CBNME that will help you
ensure you carry out all your checks
and end up with a real star. Richard
Sweatt, the territory manager for Euro
Auctions in the Middle East, has put
together an in-depth guide of several
excavator features and functions that
should be carefully examined prior to
purchasing a used example.
“At Euro Auctions, we run live parade
“The first point to consider is the history
of the machine as much as the hours.
If the machine has had one or two
‘careful’ owners in its life, the hours for
a five-year-old machine may not seem
excessive. If the excavator is three years
old but an ex-rental machine, then it
could have had a lot of different users
in its life, but it has only had one owner
and typically been serviced well. It’s all
about who owned it and the application
it has been worked in that will tell you
the likely condition.”
“Check for wear in the moving parts. Start the machine and operate
it slowly placing the bucket on the floor then applying pressure. It’s
all about slow movements that will allow you to see any play in the
machine. Pay close attention to the Boom base Pin and the slew ring
as these are the expensive bits to repair. Expect some movement in
the pins in older machines and look to see if the pins and bushes have
been greased.”
Top Tips for
Buying an
Excavator
Page 59
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59
Tip #4
Tip #3
Hydraulics
Exterior Condition
Exhausted? You will be,
but if you are looking for a good
machine you have to put the
effort in to find out exactly what
you are bidding on or buying.”
“Crowd up the boom and stick to expose as much of the
hydraulic cylinder chrome as possible. Have a look for burs
and scrapes. Look for leaking hydraulic oil. Hoses are cheap to
replace but metal pipes and components might be expensive.
Check the hydraulic pump compartment for oil on the bottom
and for signs of repairs to the pumps. A good user would
repair leaks as a matter of course. Perhaps this is another tell-
tale sign of how the machine has been looked after!”
“The exterior of the machine should be checked for
dents, cracks, and bends. On level ground, push the
bucket out half way and place it on the ground. Get
out and stand in front of the machine. Is it sitting flat
on the ground? (Better with a ditch bucket on) this will
show up any major twisting in the boom and stick.
Look at the inside of the stick and boom for damage
from heavy use on demolition. If the machines have
lots of stone chips around the cab area, this is a sure
sign it was used on a breaker.
“Stand at the back of the machine and look down either
side to see if the panels are straight. The most common
place for damage on an excavator is the offside rear side
panel. Lastly, look under the machine at the belly panels.
If these are all dented and twisted, you can be sure it’s
had a hard life.”
Euro Auctions bidding for
success in Middle East
Euro Auctions continues to build upon its
success in the Middle East. Its latest Dubai
auction held recently drew in an ever-
increasing number of bidders looking to
acquire fantastic deals from the array of
equipment being offered.
The one-day sale resulted in a final hammer
total of almost $3mn, 30% of which was
transacted online. Average lot prices were
up over 20%, reflecting the improving quality
of the equipment being consigned to the
auction by the ever-expanding number of
vendors, says Euro Auctions. New bidder
registrations for this sale were also boosted
significantly by approaching 100 new and
first-time bidders; around one-in-three of whom
placed successful winning bids, securing the
equipment they were seeking.
Euro Actions leases a 91,000sqm site in the
Jebel Ali Free Zone (JAFZA) that includes a
purpose-built auction complex covering over
3,000sqm with a 360-seat, fully air-conditioned
enclosed auction arena as well as ancillary
buildings, workshops, and infrastructure
services and logistic licences in place for the
new venture and will trade under the Euro
Auctions brand.
Bidders came from across the Middle East
including UAE, Lebanon, Saudi Arabia, Jordan
as well as from Turkey, Egypt, and Pakistan
plus there was a strong Western European
contingent, with the UK, Netherlands and Spain
all well represented.
“The general consensus is that around two-
thirds of all the quality equipment sold at the
recent auction will be retained in the Middle
East for use on emerging projects, but a good
proportion of the rest looks like it could be
returning to Europe,” stated Jonnie Keys, Euro
Auctions’ commercial manager. “The quality of
the equipment being offered in Dubai appeals
to global buyers as does our strong market
presence, together helping deliver real growth.”
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// construction business news me // June 2018
60
// Auctions
Tip #5
Tip #7
Tip #8
Tip #9
Tip #6
Tip #10
Hour Meter
Bucket and Attachments
Parts and Service
Price
Tracks
Start Your Engines!
“Check the hour meter and consider if
it looks to fit with the condition of the
machines. In almost every instance,
this will be enough but if it looks
wrong, investigate the filters as they
may be marked with the next service
hours. If you are really not sure, then
the manufacturer will keep a warranty
record with hours.”
“What buckets does it come with? This will impact the price. A machine with a full
set of buckets will save you a lot of hassle and expense. The bucket teeth should
be examined to see if they are worn as well as the cutting edge between the teeth.
Does it come with attachments? More importantly if you plan to run a breaker or
other attachments does it have hydraulic lines to service them?”
“The model of the excavator you choose should be researched. Think about whom you
have available to service the machine and which manufacturer is strong in your part of
the world. Spare parts are readily available by post but if the machine breaks down and
becomes inoperable, you will need local service. For mainstream brands, this is less of a
problem but some manufacturers still have gaps in their service offering.”
“Excavators hold their value well and whilst a lot of emphasis is based on the
hours, additional factors may come into play when determining the value of used
excavators. This includes the year the model was made, overall condition, service
records, as well as the demands of the global market, and currency. We sell
thousands of excavators every year, so look at our website to get pricing to help you
make a good decision! If you need some more advice at our auctions, ask one of
our staff who will be happy to help you.”
“Start the machine, set it up to operat-
ing temperature, and listen for unusual
engine noises. Check for excessive
exhaust smoke. Step out of the cab and
open the engine compartment to check
for breathing.
Check for oil leaks around the engine
and in the bottom of the engine com-
partment. Examine all fluid levels and
coolant levels, noting the oil condition
and checking for water in the engine oil.
See if the filters show current dates and
are in good condition.
Make several simulated digging cycles
with the boom, stick and bucket. Swing
the boom left and right, extending the
stick, opening and closing the bucket.
Operate the blade up and down. Raise
the front of the machine with the blade.
Swing the upper body to the left and
right, again checking for hesitations.
Run the machine in forward and in
reverse and turn left and right with
the tracks. Are the controls operat-
ing smoothly?
While the machine is running, check
the operation of all controls and gauges.
If the cab is enclosed, operate the air
conditioning and note any glass, mirror
or door latch problems. Finally check
whether the window wipers work along
with external lights.”
Time to Bid or Buy!
“Tracks are an important and
expensive part of the overall machine.
The current condition of the tracks
should be examined. Look at the
obvious things first. Check the track
pads. Do they have any depth? Are
they all there and straight? Check the
sprockets, idlers, and rollers for wear.
Check the rollers for collapse bearings.
Now look at the track chains with the
engine off. Feel the pins for wear. Are
they round or not? Then look at how
far out the idler is on the machine.
This is a sign of pin and bush wear.
In our yards, there are always lots of
machines to compare against. Tracks
are expensive, so mark down the price
of a machine with worn tracks.”
Page 61
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Why Study at GMU?
• Internationally Recognized Curriculum
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Page 62
// construction business news me // June 2018
62
// Event review
CBNME reviews the best brands and launches on the fringes of this year’s Intermat 2018 in Paris
I n t e r m a t 2 0 1 8
I
f you wanted to see the very latest in
cutting-edge equipment technology,
then there was no better place to visit
than Intermat 2018. Sitting between last
year’s ConExpo in Las Vegas and next
April’s Bauma in Germany, it is typi-
cally the big machines and brands that
dominate the coverage at the Exhibition
Center Nord Villepinte on the outskirts
of Paris, but Intermat 2018 had plenty of
other great launches worth highlighting.
It is possibly unfair to bundle a globally
recognised name like Genie into a look
at the smaller launches, but its stellar
line-up of machines will probably be
over-shadowed by the blockbuster crane
and electric heavy machine launches at
this year’s event.
The Terex-brand says it is focusing on
rising market demand for clean, quiet,
low, and emissions-free access solutions,
as well as machines that offer the ability
to lift heavier loads at Intermat 2018. The
highlights on stand E5 K 025 include its
new generation of environment-friendly
hybrid and electric work platforms, new
additions to the Xtra Capacity (XC) boom
lift family, and an upgraded model of the
electric Genie GS-4047 scissor lift. The
brand says it will also be showcasing its
new Genie Lift Guard line of operator
protective systems, and new Genie Lift
Power generator solution.
Showcasing its line-up, Genie told CB-
NME: “Genie hybrid and electric models
on show will include the ERA award-
winning 20m Genie Z-60/37 FE hybrid
articulating boom lift, the 12m Genie
Z-33/18 electric articulating boom lift and
the 11.89m Genie GS-4047 electric slab
scissor lift. Genie XC models on show
will include the 41.15m Genie SX-135 XC
boom lift, either the 25. Genie S-85 XC
boom lift or the 19.84m Genie S-65 XC
boom lift and the 13.86m Genie Z-45 XC
articulating booms lift.”
Meanwhile, the UAE-based company
KBW Investments’ Raimondi Cranes
followed its bow at the Big 5 Heavy
event in Dubai with an appearance
alongside its French agent, GP MAT
International (GP MAT). Erected onsite
was the Raimondi MRT234 equipped
with elevator, and the Raimondi LR330,
which launched in February 2018.
Eng Domenico Ciano, technical
director, Raimondi Cranes, explained that
France is one of Raimondi’s strongest
markets. “Our French market share in
Raimondi is reflective of our dedication to
manufacture intelligently-designed tower
and luffing cranes, and the significant
quality service put forward by our valued
partner GP MAT since 1996.”
The team at Raimondi Cranes were on
site with GP MAT’s president, Torchard,
and Ciano has praised his counterparts’
role in the success of establishing the
cranes in the French market.
“Under Torchard’s leadership, GP MAT
has positioned Raimondi’s heaviest lifters
on many strategically important French
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63
machinery. This included the Portmax PT
93, which made its debut in the European
market at the show. Specifically designed
for terminal tractors, this tyre is suitable
for intermodal transport operations. BKT
claimed it provides excellent stability, top
driving comfort along with durability.
Ohio outfit Dana rolled-out the full
breadth of its drive and motion products
for the construction industry at the event.
This included a newly optimised axle/
gearbox combination for small and
medium-sized single drum rollers that
enables original equipment manufacturers
to reduce the package size of motors,
pumps, and other hydraulic components.
Dana’s solution includes the Spicer
192 rigid planetary axle, a Brevini CTU
Series gearbox, and Brevini SH Series
variable displacement hydraulic motors.
This combination facilitates the use of an
axle with a high reduction ratio, which
increases the power available to the rest
of the system and allows manufacturers
to use more compact hydraulic
components while maintaining optimal
performance, the company claims.
“The designs of single drum rollers
are becoming increasingly compact and
versatile to provide improved visibility,
enhance operator comfort, increase
productivity, and accommodate advanced
emissions controls and other new sys-
tems,” said Aziz Aghili, president of Dana
Off Highway Drive and Motion Tech-
nologies. “This configuration illustrates
the tremendous value Dana can deliver
through our unique portfolio that com-
bines Spicer drive systems and Brevini
motion systems.”
jobsites. We will continue to build on
our extremely fruitful partnership by
supporting their work with Raimondi’s
technical specialists and export and
aftersales care experts.”
Wacker Neuson Group displayed
the battery-powered and entirely
emission-free compactor, the vibra-
tory plate AP1850e, as it demonstrates
how it is expanding its zero-emission
range for operator and environmen-
tally friendly work.
The single direction vibratory plate
AP1850e is the only battery-powered
plate on the market and will go
on sale following Intermat. With a
running time of up to one hour, it can
be used for the best part of a workday
on almost any building site. The
battery and the charger used the same
modules as used in Wacker Neuson's
battery rammer, so operators are able
to use the battery in one of the devices
whilst charging the other.
“By doing this, we are fulfilling
our customer’s requirements in view
of the practicality and flexibility of
use,” said Alexander Greschner, chief
sales officer of the Wacker Neuson
Group. “The vibratory plate AP1850e
is particularly suitable for the com-
paction of both granular and asphalt
surfaces. Electric drives are becoming
ever more important. These solutions
are an important addition to rental
fleets, as many of their customers
lease products, especially for projects
such as interior space restructuring or
tunnel construction.”
Alongside the new plate, the zero-
emission range includes two battery
rammer models, the dual power
excavator, an electric-operated track
dumper and two electric wheel load-
ers, one from Wacker Neuson and one
from Wacker Neuson Group’s subsid-
iary Kramer.
Shows like Intermat 2018 are also
opportunities for tyre makers to
demonstrate how they can make a
positive impact on site productivity.
Consequently, India’s BKT Tires,
alongside ALLU and others in the
Earthmoving and Demolition area, set
out to make a “remarkable presence”
at the event.
The company has invested $500mn
into broadening its off-highway tyre
presence and is bringing its entire
product portfolio to the exhibition
including solutions that are suitable for
a variety of needs and applications such
as its cutting-edge Earthmax tyre line-up
and a selection of tyres for industrial
Page 64
// construction business news me // June 2018
64
// Cranes
CBNME talks to major industry experts
about the changing role of cranes in a
maturing market
R e a c h i n g
o u t
“
Whenever the construction market
faces a slowdown economically, the
demand for used equipment starts to
increase,” says Nagham Al Zahlawi,
strategy and marketing manager at one
of the world’s premier crane suppliers,
NFT, drawing inspiration on the words
from the fellow UAE-based powerhouse,
Mohamed Abdulrahman Al-Bahar.
“This cannot be truer today,” she
adds. “With contractors focusing on
short-term decision making, the bulk of
our orders are for second hand tower
cranes. As the construction market
grows in the Middle East and there is an
ever-growing need for cranes (and for
us), it begs the question of looking into
the crane market deeper.”
In global markets and in the Middle
East, second hand cranes have always
been used and there seems to be a
steady demand for them. Globally, NFT
has become a go-to for second hand
machinery as many suppliers and traders
are looking into matching supply and
demand, Al Zahlawi tells CBNME.
“The world economic crisis happened
so abruptly that many manufacturers
failed to see the warning signs and could
not cut production quickly enough,
which led to them sitting on huge
inventories of machines,” she remarks.
“Considering many buyers are now
looking for bargains, the used market has
been soaring over the past decade.”
As a dealer for Manitowoc, Grove,
and Potain, NFT has risen from its Abu
Dhabi base over the last two decades,
riding the boom of the noughties and
turned the ensuing slump in the market
to its advantage to embark on a global
expansion that has seen it supply, install,
and work its cranes globally. Conse-
quently, it is well-placed to be regarded
as a thought leader in the industry, even
launching a blog on its website named
What’s UP, where it helps contractors
struggling with a challenging market to
make the crucial decision of whether to
repair existing equipment or replace it
with new models.
“In this blog, we talk a lot about
Manitowoc’s dedicated rebuild, repair,
remanufacture, and exchange program
Page 65
construction business news me // June 2018 //
www.cbnme.com
65
be focussing on mechanical and electri-
cal work. The two facilities are joined
together like an assembly line whereby
each part of the used tower crane is
checked and improved step by step
until finishing with painting. The yard
has enough space for testing as well, Al
Zahlawi remarks.
The company also continues to ensure
that its in-house technical department is
available to advise on contractors on how
to make the most of their cranes once
they are deployed on-site.
“We always recommend that
contractors involve their crane supplier
from the beginning of the project study.
Just like the contractors wish to be
involved in the design stage with the
developer, the same applies for tower
crane or crane suppliers. Indeed, NFT’s
structure engineers study the building
requirements and will recommend an
optimised solution using a combination
of tower cranes and other cranes to
fulfil the job within the budget and
space constraints.
“This is something we offer to our
customers as an added value whenever
tendering for a project. Allowing suppliers
to be involved from the beginning will
minimise unexpected costs and problems
during the project development.”
Dubai was estimated to be home to
20% of the world’s cranes during the
peak boom years of the last decade.
Apocryphal figure or not, tower cranes
suspended hundreds of metres in the
air were a common sight then, and,
while they still pepper the city’s skyline
today, the maturing of the market
means that they are often found at
much lower heights and helping to
build affordable housing.
Indeed, Al Zahlawi says in the
construction of low rise (“precast villas
or eight storey buildings”), self-erecting
tower cranes like the HUP by Potain are
replacing mobile cranes and telehandlers.
“Firstly, self-erecting tower cranes
can be positioned close to the building
because they operate in a very small
footprint and are therefore less likely to
obstruct movement around the site,” she
explains. “Lifts are performed quickly
and accurately while self-erecting tower
cranes have the ability to reach areas
for all models of Manitowoc, Grove, and
Potain cranes. It’s called the EnCORE
program and it has been running
since 2011,” she explains. “EnCORE
refurbishment services are located in the
Charlieu, France Potain Tower Crane
manufacturing facility. Each refurbished
crane is rebuilt with genuine Potain tower
crane parts.”
These are then painted using the
same advanced paint technologies ap-
plied to new production, she continues
to explain. All refurbished cranes and
parts are covered through Potain’s war-
ranty programs and supported by the
global Potain network, with all technical
documents in the language of choice to
support the refurbishment. Through the
EnCore programme, Manitowoc offers
various levels of refurbishment and, de-
pending on the condition of the crane,
owners can choose either an entry,
standard, or premium level
of refurbishment.
In the Middle East, NFT uses its new
300,000sqm facility to increase stock, refit
used equipment, and improve customer
service. The yard is now home to NFT’s
growing stock of 2,000 tower cranes of
which 50% are second hand models. It
also contains 500 hoists and 35,000 pieces
of spare parts.
“NFT has dedicated two facilities for
reconditioning used tower cranes. The
first one will be handling all the welding
and painting while the second one will
From L-R: Wael Hasan, commercial
manager, ME, and Eng Mauro Masetti,
commercial director at Raimondi
The Raimondi LR330 luffing crane
exhibited at Intermat 2018
Page 66
// construction business news me // June 2018
66
// Cranes
where mobile cranes cannot. In addition,
the folding structural design means that
the tower crane can be operational in
one to two hours automatically without
any hire of secondary machines. The
cost of fuel, labour, and maintenance are
reduced. Most importantly, self-erecting
tower cranes have bigger lifting capacities
at same radius when compared to mobile
cranes or telehandlers.
“Self-erecting cranes are quite
unique in their concept and are sadly
overlooked by contractors. We are the
sole supplier when it comes to large self-
erectors (45- 50m jib, 30m height) with a
high capacity (8-10t).”
When asked that the general demand
for cranes is in the market, she admits
that it’s hard to get exact statistics as there
is no monitoring for this “kind of thing”
but, for NFT, demand has been high.
“We currently have more than 100
tower cranes on site in the UAE alone as
of today; this excludes cranes we have
sold and just focuses on tower cranes on
rental,” she says. “There is an increasing
demand for high-capacity tower cranes,
pushing manufacturers to focus on bigger
equipment. NFT’s advantage is that we
have the largest tower cranes by Potain
in our fleet – such as strong luffers with
the MR 418 and MR 608. We have in fact
supplied 10 MR 418s for a mega project
in Dubai.”
Given that the GCC is home to two
of the top three tallest buildings in the
world, it comes as no surprise that larger
cranes are in high demand, she adds. It is
a segment where NFT has few rivals.
“We have a reputation worldwide
for being specialised in giant cranes
(40T) and a lot of tower crane compa-
nies around the world consult us for
our expertise. We have 14 units of the
40tonnes machine in our fleet, which is
the largest in the world. In the GCC, we
have a handful of MD 1100s working on
the ground including eight in the Kuwait
International Airport project alone, and
we expect more demand for such cranes
in the near future, especially in industrial
and pre-cast type of construction. We also
have in our fleet a couple of giant tower
cranes with a max capacity of 64T, such
as the MD 3200 – the largest in Potain’s
product range to date.”
A success story
Owned by Dubai-based KBW Investments, Raimondi Cranes is currently
experiencing its best-ever year in the Middle East, says its regional commercial
director Eng Mauro Masetti.
“Since the appointment of Wael Hasan as commercial manager of the MENA
region last year, we’ve seen a surge in business,” he tells CBNME. “From the
climbing of existing Raimondi cranes to sales of new multiple cranes on large
jobsites, we are thrilled to share that we are in a very strong market position.
We are also in the process of submitting quotations for a few jobsites that seem
very promising. I am optimistic that these sites will opt for Raimondi, based
on our proposals and our ROI value, and our strong after sales care mandate
which our repeat customers value a great deal.”
The strong start to 2018 will soon further be bolstered by the launch of
Raimondi’s newest product, the company’s first hydraulic luffer. Eng Masetti
says the new crane is already showing promising numbers.
“It is currently in agent pre-sell stage, as we always present cranes to our
exclusive agent network ahead of releasing the product to the general public.
This would make our third new launch in under 12 months – so our R&D
segment is really delivering on the guarantees that we’ve been making over
the past few years,” he remarks. “It is part of our commitment to be designing
ahead of the curve and setting a benchmark in heavy lifting machinery, even
where accessories are concerned. The SL20-TC crane elevator, designed in
compliance with Standard EN81-43, is fitted with front and side windows meant
to facilitate easy crane inspection, while the Raimondi Deluxe R16 Crane Cabin
has a total exterior of more than 80% glass meaning crane operators have
better onsite viewing fields.”
He adds that the three new products followed “very successful” launches of
its MRT159 and the LR213 cranes in 2016: “we’re a company that has taken
five new products to market in under two years – all designed with end-user
dynamics in mind.”
In addition to its advances in design and production, Raimondi, which has
maintained its manufacturing operation in Legnano, Italy, since the acquisition
by KBW Investments in 2014, has just returned from Intermat 2018 in Paris. Eng
Masetti says the past 12 months have been its most active yet, enhancing its
presence in the global marketplace.
“We have showcased our technologies at the Big 5 Heavy in Dubai, Intermat
2018, ConExpo in Las Vegas, and we will also be present at KHL’s Tower
Cranes North America (TCNA) in Miami from June 18-19. This is probably
Raimondi’s most aggressive year across all of the arms of our business. We are
proud to be a market leader and we intend to keep up the momentum.”
Raimondi Cranes Middle East owns a fully operational yard in the UAE
and, via its in-house teams of technicians and engineering specialists, it is
able to offer multiple services to clients across the GCC. From new sales
to site-planning, Raimondi’s client care specialists, led by the experienced
Hasan, provide in-depth consultation “regardless of size and scope” on a
huge range of activities such as rentals, crane planning, crane operation
methodology, crane erection and dismantle, spare parts and service
contracts, anti-collision systems, base and tie leg design, in-house client-side
training, and service and maintenance.
The ability to straddle a wide range of disciplines ensures the company
is able to accommodate the increasingly complex demands of contractors
and developers.
“Bespoke operations are definitely increasingly in popularity both in the
MENA region and throughout Europe. The increasing complexity of jobsites,
specifically those in densely built up areas, require expert and astute site
planning. Our technical team has met every challenge that clients have shared
with us,” concludes Eng Masetti.
Page 67
Page 68
// construction business news me // June 2018
68
// Editor's pick
Kuwait eyes private sector to invest in country’s growing infrastructure projects and
encourage an investment climate, according to a Deloitte report
Push forward
K
uwait continues to create an
encouraging investment cli-
mate for the private sector to
invest in infrastructure projects. This
is according to Deloitte’s latest report,
Doing business guide – understanding
Kuwait’s tax position, which finds that
the country offers a series of potential
benefits to foreign investors including
income tax holidays up to 10 years,
and exemptions from custom duties
for importing relevant equipment and
materials into the country.
The Kuwait Direct Investment
Promotion Authority (KDIPA) has also
introduced a scoring system that is
followed when evaluating the issu-
ance and approval of the investment
licenses. The aim of the standards is
to encourage businesses who have
successfully contributed to Kuwait’s
economy by offering them a set of
incentives on direct investment promo-
tion in the State of Kuwait and Execu-
tive Regulation. KDIPA has also issued
earlier this year a new resolution
announcing that the foreign taxpayers
could calculate and claim their annual
tax credit for their licensed operations.
All of this results in promoting invest-
ment opportunities in Kuwait.
Ihab Abbas, partner and tax leader
at Deloitte Kuwait, said: “Kuwait is
opening its doors to foreign invest-
ment and encouraging companies to
invest in the country to be part of its
future development plans. Kuwait
has previously announced its “2035”
vision, which includes various mega
projects. The plan will mainly focus
on developing North Kuwait and the
different islands around the country.
The development program is aimed
at attracting investment, developing
competitiveness, improving legisla-
ture to support the economic and
social systems whilst creating more
than 200,000 jobs. Kuwait has indeed
become an attractive landscape for
investment opportunities.”
The report provides an overview of
the tax position of the country through
its transition to Value Added Tax (VAT)
and other tax changes affecting the
GCC country. The guide addresses the
key tax considerations for doing busi-
ness in Kuwait, alongside key legal,
economic, and market drivers which
impact clients who are looking to invest
in the country, or those who have
been present there for some time, but
are looking to undertake a review of
their tax exposures, which may include
remedial or long-term solutions
The Kuwait Government has
committed to introducing VAT through
the signing of a VAT Treaty along with
the rest of the representatives of the
Member States of the GCC. The treaty
acts as the basis for the domestic
VAT legislation by stipulating certain
principles, which must be followed by
all members, while allowing Kuwait
to opt for different VAT treatments
in relation to some supplies. The
Kuwaiti government has committed
to introduce VAT by signing the main
framework agreement with the GCC
countries. The draft law has been
approved by the Cabinet and is now
with the Kuwaiti Parliament
for approval.
Robert Tsang, indirect tax partner,
Deloitte Middle East, said: “The intro-
duction of VAT in Kuwait would entail
increased administrative, reporting and
record keeping requirements to com-
ply with. VAT - being a consumption
tax - would mainly impact end cus-
tomers through price hike, although
business may experience narrowing
margins and increased price competi-
tion after the introduction of VAT. Ex-
perience from the UAE and KSA shows
that those business which prepared on
time could gain competitive advantage
and avoid business disruptions after
VAT was introduced.”
Once VAT is implemented,
businesses having operations in Kuwait
will have to enable their systems to fully
comply with local VAT obligations and
reporting requirements.”
Page 69
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FIND OUT MORE AT MENA.PROJECTS.THOMSONREUTERS.COM
PROJECTS
NEED PROJECTS
INTELLIGENCE, INSIGHT &
DATA ANALYSIS?
Page 70
// construction business news me // June 2018
70
// Save the date
Mark your calendar
Save the date
Smart Skyscrapers Summit
New South Wales, Australia
A platform for knowledge sharing
and networking, the event will survey
projects in development in the Australian
context while simultaneously looking to
and drawing inspiration from examples
abroad. An exclusive opportunity to be
exposed to new, innovative ideas, the
summit will focus on how cities adapt
and cope with the demands of structural
change, technological advances and
environmental factors. Emphasising smart,
sustainable, and green solutions for high
rise development, the Smart Skyscrapers
Summit is the foremost fastest growing
skyscraper event that will see a huge cross
section of field experts providing leading
global and regional perspectives on the
future of skyscraper infrastructure.
Global Property Consultant
Summit
Dubai, UAE
The Global Property Consultant Summit,
organised by the Datamatix Group, aims to
discuss the opportunities and challenges in the
real estate sector and explore emerging trends
that are redefining investment opportunities in
the real estate sector with a particular focus on
upcoming landmark projects that are opening
new avenues for stakeholders and investors.
The summit provides unprecedented platform
to exchange ideas, knowledge, and strategies
on how to increase the efficiency of the real
estate sector and create attractive economic
opportunities as per the international stan-
dards to enable and attract more international
investments, while creating a distinctive ad-
ministrative environment that ensures invest-
ment opportunities in the sector.
SA Major Projects
Conference
Adelaide, Australia
The South Australian Major Projects
Conference is back in its 11th year and will
take place at the Adelaide Convention Centre.
The two-day conference will profile major
infrastructure projects across the State, which
will create employment opportunities in
years to come. The event will also provide a
platform to explore the plans and polices of
the newly elected Liberal Government, which
include better infrastructure planning and
more transparent decision-making to support
long-term economic growth and more jobs
for South Australia. The event offers delegates
the perfect platform to discuss topics and
issues presented in addition to providing
fantastic networking opportunities with key
industry stakeholders.
Indian Property Show
Dubai, UAE
The Indian Property Show is an
internationally acclaimed event,
showcasing Indian properties to
NRIs across the globe. It is one of
the most awaited events for Indian
properties in several countries. So far,
Sumansa Exhibitions has successfully
organised 30 Indian Property Shows
internationally in locations such as
the UAE, UK, Singapore, South Africa,
Qatar, and Hong Kong, in a span
of nine years while the list is still
increasing. With a unique educational
focus, Sumansa holds seminars on all
days of the exhibition to inform and
educate the people on various aspects
like property investments, legal issues,
finance etc.
June
June
July
June
26-27
28
24-25
21-23
Page 71
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