EGYPT
Project: Establish Green Industrial Park
Value: USD 2,000,000,000
Client: Suez Canal Economic Zone
Website: www.sczone.eg
The General Authority of the Suez Canal Economic Zone (SCZONE) has signed a letter of intent with top Chinese chemical manufacturer BEFAR to establish a green industrial park to produce specialty chemicals in East Port Said Industrial Zone. The project will involve an estimated total investment of $2bn. The industrial park will rely on green energy and cater to local and regional markets. The first phase would be developed at a total investment of $500m and provide about 1,000 jobs.
ZIMBABWE
Project: Cement Plant
Value: USD 1,000,000,000
Client: Labenmon Investments
Labenmon Investments and China-based West International Holding have partnered for the construction of the planned $1bn Magunje cement plant in Mashonaland West. The plant will have an integrated capacity of 900,000t/yr, and additional clinker capacity of 1.8Mt/yr. The Zimbabwe Mail newspaper has reported that it will also be equipped with 100MW captive power plant. Construction of a building materials production complex in neighbouring Karoi will commence in parallel with the Magunje cement plant project. Construction of the Magunje plant will generate 5000 jobs in the local area, according to West International Holding. The partners expect the plant, when operational, to help to close a local supply gap.
NIGERIA
Project: Gas Storage Facility
Value: USD 500,000,000
Client: Masters Energy Oil and Gas Limited
Website: www.mastersenergyltd.com
The Nigerian gas infrastructure development plan has received a significant boost with the launch of a groundbreaking $500m gas storage project by Masters Energy Oil and Gas Limited. This ambitious endeavor aims to revolutionize the country’s energy sector and create opportunities for economic growth. The project encompasses the construction of a massive 20,000MT gas storage facility in Port Harcourt, an extensive network of over 200 gas refilling outlets, more than 2000 retail gas exchange points, bulk distribution trucks for LPG transportation, and a dedicated vessel for coastal operations.
SOUTH AFRICA
Project: Airport Expansion
Value: USD 374,120,000
Client: Cape Winelands Airport
Website: www.capewinelands.aero
The expanded Cape Winelands Airport, on the outskirts of Durbanville, is getting closer to becoming a reality for local and international flights. The present airport facilities will be completely improved to be categorized as a Code F airport, which stipulates the criteria for facilities for the landing and takeoff of the largest passenger airliners, such as the Airbus A380. The extension plan calls for the construction of a new boutique terminal building, cargo facilities, and fuel-storage buildings on both sides of the reoriented runway (3.5 kilometers long), as well as future commercial structures like offices and hotels just outside the airport’s upper boundary. Cape Winelands Airport is set to open its doors in 2027.
EGYPT
Project: Monark Residential Project
Value: USD 194,000,000
Client: Royal Developments
Website: www.royaldev.com
Egypt’s Royal Developments starts construction of Monark project in Mostakbal City. The project, which comprises of 1,200 apartments, villas, and a mall, has a development cost of 6 billion Egyptian pounds ($194m). YBA is the main consultant for project, which will be completed in four phases. The four-phase project comprises of 1,200 apartments, and villas, and a 5-acre commercial mall, and would be delivered by 2027.
SOUTH AFRICA
Project: Graspan Solar Pv Park
Value: USD 89,625,000
Client: Engie Africa
Website: www.engie-africa.com
Construction on the two solar projects in South Africa will begin, and the plants will be ready by the end of 2025. The project is being developed by ENGIE Africa and will include a 75MW solar PV power plant. The solar projects are set to be built in the Northern Cape of South Africa in a single phase. The solar farms have already signed power purchase agreements and implementation contracts with Eskom and the DEMR.
SOUTH AFRICA
Project: Fynbos Development
Value: USD 64,185,000
Client: Lurra Capital
Website: www.lurracapital.com
Construction has begun on Cape Town’s – and Africa’s – first-ever biophilic building – The Fynbos. Biophilic buildings blur the lines between nature and the built environment – incorporating elements inspired by our natural surroundings into their design to create spaces that mimic nature and help to improve the quality of life for inhabitants and users. They also embrace sustainable building practices to the highest degree, meaning reduced energy consumption and carbon emissions. Once completed, The Fynbos promises to stand as a poster child for biophilic building design and will become an icon in Cape Town’s skyline. This innovative mixed-use building will stand 24 storeys high on Upper Bree Street in Cape Town’s CBD, and will feature 689 apartments, a rooftop sunset terrace with a lap pool and co-working space, a rooftop fitness centre, as well as a ground-floor plant-based restaurant, a tearoom, and a botanical bar. Integrated PV solar panels will generate double the electricity quota needed to power the common areas, minimising fossil fuel consumption, and a central heated water system allows for economies of scale and avoids individual geysers.
