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Metito eyes expansion plans

METITO, THE UAE-based utilities provider, is unlikely to go for an IPO this year and may opt to concentrate on aggressive expansions first.

US$241mn Saudi monorail contract awarded

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Bombardier Transportation has been awarded a US$241mn contract in Saudi Arabia for its next generation Innovia Monorail 300 fully automated transit system. The company has signed a contract with Saudi Arabian construction company, Saudi Oger Limited, for the supply, installation, operation and maintenance of a 3.6 km Bombardier Innovia Monorail 300 system for the King Abdullah Financial District, the new financial and business centre under development in Riyadh. As the contractor responsible for the full turnkey construction of the new Monorail system, Saudi Oger was awarded the contract by the Rayadah Investment Company, the investment vehicle of the Public Pension Agency of the Saudi Arabian government. Bombardier, as subcontractor to Saudi Oger, will design and supply all of the system-wide electrical and mechanical (E&M) elements for the six-station monorail system. This will include six Innovia Monorail 300 trains (12 cars) with Bombardier Cityflo 650 automatic train control technology for driverless operation as well as project management, systems engineering and integration, testing and commissioning.

Engineering and design for the Monorail vehicles will be based at Bombardier’s site in Kingston, Canada, and manufacturing of the 12 cars will be carried out by Bombardier in Pittsburgh, US. Together with Saudi Oger, Bombardier will also provide its branded Innovia operation and maintenance services for the system for an initial contractual period of 10 years. Completion of the monorail system is scheduled in 2012, with operation and maintenance services to commence at the start of revenue service.

“As the global leader in the supply and operation of turnkey transit systems, we are exceptionally proud to secure our first major project in Saudi Arabia and to be associated with the prestigious King Abdullah Financial District,” said André Navarri, president and COO of Bombardier Transportation. “Our next generation Innovia Monorail 300 system combines service-proven driverless technology with the latest in wide-bodied, lightweight, aerodynamically styled monorail trains. They provide superior value and performance for demanding and sophisticated users. The long-term nature of our operation and maintenance contract further underlines our commitment to building local roots in Saudi Arabia and with other countries in the Gulf Cooperation Council.”

 

 

Business and Management

  • Two more gas turbines commissioned

    Two new gas turbines with a total production capacity of 400 MW will be commissioned by Dubai Electricity and Water Authority (DEWA) before the end of the current year, according to DEWA managing director and CEO, Saeed Mohammed Al Tayer. The utility will also commission two desalination units with a total production capacity of 160,000 litres of water, in addition to four auxiliary boilers according to Al Tayer. The units of power generation and water desalination project (Station M) have come into service this year to raise the production capacity of both electricity and desalinated water of DEWA.

     

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Executives Calendar

November 2010

NOVEMBER 2010
1-4 GCC Power DOHA
www.ifpqatar.com

1-4 Adipec 2010 ABU DHABI
www.adipec.com

2-6 Jordan Motorshow AMMAN
www.ifpqatar.com
21-24 The Big 5 DUBAI
www.thebig5exhibition.com

28-30 Roadex/Railex ABU DHABI
www.roadex-railex.com
28-30 MEMEX 2010 ABU DHABI
www.memexnews.com

October 2010

OCTOBER 2010

3-6 Saudi Build RIYADH
www.recexpo.com

4-6 Powergen Middle East DOHA
www.power-gen-middleeast.com

17-19 PG&WSME ABU DHABI
www.powerandwaterme.com
17-20 Recycling & Waste Management KSA RIYADH
www.recexpo.com

17-21 GITEX Arabia DUBAI
www.gitex.com

18-21 Erbil International Fair ERBIL
www.ifpqatar.com

25-27 Saudi Transtec Dharan
www.sauditranstec.com


September 2010

SEPTEMBER 2010
27-30 Project Iraq ERBIL
www.ifpqatar.com

January 2011

8-11 January
Arabplast 2011, Dubai

16-18 January
Intersec 2011, Dubai                      

17-19 January
World Future Energy Summit, Abu Dhabi                   

February 2011

8-10 Feb
Middle East Electricity, Dubai                          

8-10 Feb
Cabsat Middle East, Dubai

8-10 Feb
Gulf Industry Fair, Manama

28 Feb-3 March
Electro Automation Industrial & Energy Algiers

March 2011

1-3 March
Middle East Coatings, Cairo

7-9 March
Gulf Glass 2011, Abu Dhabi

8-10 March
Wetex 2011, Dubai

22-26 March
Conexpo-Con Agg, Las Vegas

April 2011

4-7 April
Syrpower 2011, Damascus

6-8 April
Resale 2011, Stuttgart

6-9 April
Plast Expo 2011, Casablanca

10-13 April
Saudi Communications, Riyadh

17-20 April
Cityscape Abu Dhabi, Abu Dhabi

26-28 April
GulfBID 2011, Manama

May 2011

2-5 May
Project Qatar, Doha

3-6 May
Arabian Travel Market, Dubai

17-19 May
FM Expo, Dubai

17-19 May
The Office Exhibition, Dubai           

23-25 May
M.E. Communications, Abu Dhabi

30 May-2 June
Saudi Elenex, Riyadh

31 May-2 June
The Airport Show, Dubai

June 2011

11-13 June
Cityscape Jeddah, Jeddah                        

October 2011

3-5 October
Power Generation & Water M.E., Abu Dhabi                   

10-13 October
Saudi Build 2011/Saudi PMV, Riyadh                         

16-18 October
MEMEX 2011, Abu Dhabi

Powergen Middle East, Doha

The Big 5 2011, Dubai

November 2011

21-24 November
Saudi PPPP, Riyadh