Industry News

Upcoming Mega Projects Africa

EGYPT Project: Construct Sustainable City Value: USD 32000000000 Client: New Urban Communities Authority (NUCA) Talaat Moustafa Group (TMG) one of the largest developers in Egypt would soon sign an agreement with the government to build a sustainable city near Cairo. The agreement would allow it to acquire a 5000-acre (2mln square metres) land in Capital Gardens City east of Cairo to build a sustainable multi-purpose new city. The new city will co...

Upcoming Mega Projects Africa

EGYPT Project: Electric Train Connection Project Value: USD 2500000000 Client: Ministry of Transportation (MOT) Website: www.mot.gov.eg Egypt’s Minister of Transportation announced the timeline for the completion of the project. All civil works are expected to be completed by the end of December 2020 and all electromechanical works are expected to be completed by the end of July 2021. Trial runs are expected to start in August 2021 and the system ...

Upcoming Mega Projects Africa

EGYPT Project: Construct Methanol Factory Value: USD 2600000000 Client: Abu Qir Fertilizers & Chemical Industries Co. (AFC) Website: www.abuqir.com The factory is expected to be constructed over a 1.6m sqm plot of land within the Suez Canal Economic Zone (SCZone) and would be 70% funded through loans. The project would be implemented over two phases with the $1.6bn first phase providing an ammonia and methanol capacity of 400ktpa and 1mtpa res...

Upcoming Mega Projects Africa

SENEGAL Project: Akon City Project Value: USD 00000 Client: Akon Website: www.akon.com The American company KE International has been awarded the contract to build this futuristic and ecological city which will be located near Mbodième a small coastal village in the west of Senegal. This locality will see the growth of a town whose development will revolve around a crypto-currency called Akoin that will be launched this year. The construction of t...

Upcoming Mega Projects Africa

ETHIOPIA Project: MW Tulu Moye Geothermal Power Plant Project Value: USD 800000000 Client: Tulu Moye Geothermal Operations (TMGO) Website: www.tmgeothermal.com The project entails the design construction commissioning and operation of a 50MW geothermal power plant under a Build Own Operate and Transfer (BOOT) scheme and marks the first phase of the Ethiopian government’s plan to build cumulative generation capacity of 150MW by 2024. The project is...