Top 18 projects in March; Dolce&Gabbana resort; Cundall and Nakheel contract wins; Turkey reconstruction

The second quarter of the year is here and it’s loud. With over 18 new projects launched and ambitious developments underway, the construction industry is seeing milestone after milestone hit as Q2 sets the tone for a busy 2023.?

In?The Construction Digest?this week, we feature some of the most popular stories revolving around the Middle East’s construction industry. These include Dolce&Gabbana and Dar Global’s ultra-luxury Maldives resort, Bahrain’s new Golden License, and Cundall’s contract win for the third largest city in Oman, among others.

Top 18 projects for March 2023 revealed

With 13 new residential developments underway, this month saw a good number of real estate projects in the pipeline, outlining a surge of Foreign Direct Investment (FDI) in the Middle East.

From 100% renewable-powered resorts and luxury beach clubs to million-dollar residential developments, we run down the top 17 project launches you need to look out for.

Some of the companies that stood out this month include Dar Al Arkan, Nine Yards, Expo City Dubai, LEAD Development, and Red Sea Global, among others.

Dolce&Gabbana and Dar Global bring high fashion to Maldives with new luxury resort

Luxury real estate developer, Dar Global, unveils its groundbreaking partnership with the world-renowned luxury brand,?Dolce&Gabbana’s debut in the hospitality and real estate industries.

This pioneering partnership marks the launch of a bespoke hospitality project that merges the style and sophistication of Dolce&Gabbana with Dar Global’s attention to detail and world-class standards.

Third-largest city in Oman to be delivered by Cundall

The project is being undertaken on behalf of Oman’s Ministry of Housing & Urban Planning and the multidisciplinary team will be led by?F&M Middle East?with?Sasaki?as the Technical Lead.

Salalah Smart City is one of many initiatives by the Ministry of Housing & Urban Planning to create smart and futuristic model cities that aim to enhance liveability, health, and diversity in economic drivers.

Nakheel appoints contractors for 80-hectare Jebel Ali Village

Dubai-based developer,?Nakheel, has appointed contractors for the construction of Jebel Ali Village, a new residential development with luxury villas and townhouses, and construction works are currently underway.

The contract for the construction of the villas and their infrastructure has been awarded to?iBuild Construction?LLC, an innovative general contractor, while the contract for the construction of the townhouses and their infrastructure has been awarded to?United Engineering Construction Co. LLC (UNEC), an award-winning general contracting company.

Saudi’s Turtle Bay Hotel sets new standards with prestigious certification

Red Sea Global?(RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has become the first Saudi hospitality entity to achieve the prestigious Green Key certification for its Turtle Bay Hotel at The Red Sea.

Turtle Bay Hotel is a self-operated property with 90 employees – 50% of whom are Saudi nationals from the local community, and 30% are Saudi females.?

Turkey Earthquake: Erdogan pledges to build 300,000 homes within a year in Elazig

Turkish President, Recep Tayyip Erdogan, has pledged to rebuild the country’s southern region that was struck by?powerful earthquakes on 6 February 2023, claiming the lives of more than 50,000 people.

“Our aim is to restore our cities in the earthquake zone by handing over 319,000 residences and village houses to owners within a year,” Erdogan said at a ground-breaking ceremony in quake-hit Elazig province.

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Bahrain new ‘Golden License’: To attract large-scale investment and create over 500 jobs

Bahrain announced the launch of a Golden License, providing incentives and streamlined services to foreign and local businesses with large-scale investment projects in?Bahrain, in an important step in the country’s pursuit to incentivise investments and boost job creation under its fiscal and economic reforms.?

The move builds upon the growing investment attractiveness of Bahrain, which has recently recorded its highest Real GDP growth rate in almost a decade.?

That's all for this week. Thank you for reading!

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