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FINANCIAL NEWS
UAE to get USD84bn worth utilities projects
02 Mar 2017
(MENAFN) Recently, there are 401 active projects in the UAE’s utility sector, with an estimated value of USD84bn.
Furthermore, the sector contains 4 percent of the number of active construction projects and 11 percent of the whole estimated value of ongoing construction.
In addition, the number of ongoing utility projects increased by 2 percent in Jan compared to Dec 2016, even after considering the current finishing of 12 utility projects.
The largest of these was a district cooling plant at USD150mn worth for the National Food Products Co. located in Khalifa Industrial Zone in Abu Dhabi.
MENAFN0203201700450000ID1095282469
MENAFN0203201700450000ID1095282469
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