MENA Project Tracker—ADNOC on $500m cogeneration plant; MOIAI, EDGE sign MoU for Industry 4.0 Center

The 200 MW cogeneration plant cost approximately $500 million. (Shutterstock)
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CAIRO: Over ten companies submitted their bids on 15th July for the contract to build a cogeneration plant utilized by Taziz derivatives complex in Abu Dhabi's Ruwais area.

The consortium of Abu Dhabi National Oil Co. and Abu Dhabi National Energy Co. tendered the contract on March 17, but many delays have occurred since, reported MEED.

The 200 MW cogeneration plant cost approximately $500 million.

This is part of the even bigger Ruwais derivatives park, which will cost $5 billion in total. 

MOIAI, EDGE sign MOU for 4.0 Enablement Center

The Ministry of Industry and Advanced Technology and EDGE have signed a memorandum of understanding to launch the UAE’s first Industry 4.0 Enablement Center, reported Construction Week.

The center’s purpose is to encourage and support digital transformation and the use of industry 4.0 technologies in the UAE’s manufacturing sector.

Moreover, it will help organizations better their productivity through the most updated and efficient technology.