Major Gulf Projects in the Middle East in 2009

2009POEA MARKET UPDATE NO. 12-09MAJOR GULF PROJECTS IN THE MIDDLE EAST IN 2009The Middle East Economic Digest (MEED) has reported the major gulf projects for 2009 which includes projects in construction, energy downstream, and energy upstream, industry, petrochemicals, power and water and transport sectors. For up-to-date information on the region's largest projects, go to www.meedprojects.com. Below is the selected checklist compiled from MEED reports:  Client/DeveloperProject nameCountryValue $bnDescription2009 MilestonesAldarYas Island Ferrari theme ParkUAE0.15A Ferrari-theme race park, located near the Al-raha beach development and including a full-size race trackFirst race schedule for the end of 2009Abu Dhabi Department of TransportMafraq-Gheweifat road developmentUAE0.9327 km-long motorway from Malfraq to Gheweifat on the border with Saudi Arabia. The motorway will include a series of interchanges, including a major intersection at RuwaisContracts are expected by early 2009EmaarBurj DubaiUAE0.9The world's tallest tower, 900 meters high, with 170 to 200 floors and provision to increase the height further in the futureDue for completion in 2009Emirates Nuclear Energy CorporationNuclear Power PlantUAE0.5Two 1,600MW nuclear power plantsProject in initial planning phaseKingdom HoldingJeddah Mile TowerSaudi Arabia151,600-meter-high tower,...