Turner awarded Dubai Burj 2020 Project Management Contract
DMCC, the Government of Dubai Authority with a mandate to enhance Dubai’s position as the global gateway for commodities trade and enterprise, announced today that Turner has been appointed to project manage the ‘Burj 2020 District’ Development.
Turner beat out competition from several global project management firms pitch for the management of the commercial district, which is set to be the next world destination for large corporates.
The ‘Burj 2020 District’ is being constructed as a direct result of customer demand in particular from large corporates and multi-business entities and will provide companies with a commercial property offering unique to the Dubai marketplace.
It will offer single ownership, contiguous Grade A commercial office space in the heart of Dubai, close to metro stations, world-class cargo facilities, ports and airports that connect to over 220 destinations including the new Al Maktoum International Airport.
The ‘Burj 2020 District’ will also be home to the world’s tallest commercial tower which was named ‘Burj 2020’ in November 2013 in honour of Dubai’s Expo 2020 win.
Ahmed Bin Sulayem, Executive Chairman, DMCC, said: “By appointing experienced project managers such as Turner we are laying strong foundations for delivering the ‘Burj 2020 District’ which will further drive sustainable growth for Dubai.
“Turner has a strong track-record in managing and delivering large complex projects while at the same time embracing innovative ideas and new technologies. Together we will create the optimal environment for trade and enterprise with a world-class commercial district that brings together retail, residential, business and lifestyle services.”
Turner brings significant experience, having delivered the current three tallest towers in the world including the Burj Khalifa.
Ali Odeh, Chairman & CEO, Turner International Middle East, said: “Opportunities to work on world-class developments of this scale do not present themselves often and we are honoured to be a part of DMCC’s ‘Burj 2020 District’ project. We are committed and ready to take the project to the next level by offering our Project Management Services to the Development of what will no doubt be a world class commercial district of the future.”
The appointment of Turner follows DMCC’s master plan design competition announced in June 2014. Ground breaking for the ‘Burj 2020 District’ is planned for 2015.
Masdar, PT PLN begin work on floating PV solar project
UAE-based renewable energy company Masdar, in partnership with PT PLN, an organisation specialising in electrical power and owned by the Indonesian government, has announced today it has started work on a floating photovoltaic (PV) solar project in West Java. The company says the 145MW plant is the first of its kind in the country. The project, which will be constructed on the Cirata reservoir in West Java, was financed by the Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.
Developing the project is PT Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar and PT PLN subsidiary PT PJBI. Bahlil Lahadalia, Minister of Investment for the Republic of Indonesia and chairman of the Indonesia Investment Coordinating Board, said: “This is a flagship project of the UAE’s investment in Indonesia, and most importantly, it is in line with the Indonesian Government’s target to increase renewable energy by 23% by 2025.”
Ladhadalia added: “The Ministry of Investment fully supports the investment realisation of the Cirata Floating Solar Project by PT PJBI and Masdar.” The plant is said to be the largest in south-east Asia, and one of the biggest in the world. Around 800 jobs will be created during its construction phase.
During the project’s development, Masdar has conducted several social initiatives to raise awareness of sustainability and strengthen the engagement of the local community. Talking about the partnership with Masdar, Amir Faisal, president director of PJBI, said: “We see tremendous potential for similar projects in Indonesia and we look forward to continuing our fruitful collaboration with Masdar to work on more renewable energy projects and help our nation achieve its clean energy objectives.
“This floating power project is a first for Indonesia and is also a significant step in PJBI’s renewable energy journey,” he added.
Facts about solar energy
- Solar power is the most abundant energy source on earth: There’s enough solar energy reaching the earth every hour to meet all of humanity’s power needs for a whole year.
- The cost of solar panels has fallen by 99% since 1977: The price per watt for a single solar cell in 1977 was US$77. Today that same cell costs Us$0.21 per watt US$0.39 per watt for an assembled module, according to the Solar Energy Industries Association.
- China is the global leader in solar energy: Whilst solar power is increasing in popularity in the US, China is currently the country with the biggest uptake. Research conducted by GTM in 2017 predicted that the US would install 12.4GW of solar power during that year. China, on the other hand, installed 24.4GW of power in the first half of 2017 alone.