May 16, 2020

Steel to replace traditional building methods in India

India’s booming construction sector
The Business Excellent & Research Awards Singapore 2016
Jacob Jose
Chairman and Managing Director at Methods (India) Pv
Catherine Sturman
2 min
Steel to replace traditional building methods in India
Indias booming construction sector is set to incorporate steel within impending new builds to accommodate the increased need for commercial and resident...

India’s booming construction sector is set to incorporate steel within impending new builds to accommodate the increased need for commercial and residential developments in the area to complete sooner than current schedules permit.

The Business Excellent & Research Awards, held in Singapore, aimed to provide pioneering methods for projects within India and reduce the time taken for projects to complete, whilst maintaining important cultural elements and outer appearances of any future builds.

Architect A.R. Saiju Mohamed from Insight Architects highlighted the importance for any future developments to preserve Indian culture and “not harm the diversity” in any future designs, despite the change in traditional methods.

Through the utilisation of steel instead of traditional cement-based approaches, developments will be completed within two years, cutting project schedules in half and also reduce costs significantly.

Jacob Jose, Chairman and Managing Director at Methods (India) Pvt Ltd said: “We have fabricated steel for plants, and it is a time for the construction industry to scale up the use of such pre-engineered structure to accelerate the pace of completing buildings”.

With over 40 years within design and construction, Methods (India) Pvt Ltd has become one of the most sought after manufacturers of Bulk Material Handling Systems in India, in addition to Insight Architects, who are committed to “socially responsible architecture” through their innovative designs and methods which will help shape India’s infrastructure further.

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Read the July 2016 issue of Construction Global magazine

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Jun 16, 2021

France to invest €1.8bn in Egypt’s infrastructure

AFD
Infrastructure
investments
projects
2 min
France is making a €1.8bn investment into Egypt’s infrastructure with upgrades to the Cairo Metro and a railway to Sudan

France will invest a total of €1.8bn into Egypt’s infrastructure focusing specifically on upgrading the Cairo Metro, building a railway to Sudan, and developing water and energy schemes. Officials have called the investment a “major boost to bilateral cooperation”. 

The Cairo Metro

Included in the financing is a concessional government loan of around €800mn to upgrade Line 1 of the Cairo Metro, introduced in the 1980s. The financing will pay for 55 trainsets for the line and is provided by the French engineering company, Alstom.  

Line 6 is also due to be upgraded using further state-guaranteed loans worth up to €2bn. Bruno Le Maire said that this would be negotiated over the next six months. France and Egypt have worked in close cooperation ever since Abdel Fattah al-Sisi became president in 2014, despite differences over human rights and strong criticism of Egypt by rights activists and some foreign states.

Nine more projects over the next half a decade

A further €1bn from France’s development agency, Agence Française de Développement (AFD), aims to cover a range of other projects over the next half a decade. 

These projects include a railway line between Aswan, southern Egypt, and Wadi Halfa in Sudan, as well as several projects in the renewable energy and water purification industries. Bruno Le Maire, France’s Finance Minister, said Egypt was a “strategic partner and commercial dealings with it would be developed. France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans,” he said.

According to Le Maire, the AFD will also €150mn to support the construction of a universal health insurance programme. French contractors such as Vinci and Bouygues have a long history of working on the Egyptian capital’s underground system. 

Talking about the relationship between France And Egypt, Le Maire concluded: “France will substantially increase its direct exposure to Egypt, becoming the first counter-party for government to government loans”. 

Image: MEED

 

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