United Steel revives Fujairah plant
Project was stopped in November 2008 as global economic crisis unfolded
Turner & Townsend appointed as project manager for construction of steel mill in Fujairah.
Saudi-based United Steel Industries has appointed UK-based consultancy Turner & Townsend as project manager for the construction of a new steel rolling mill in the UAE emirate of Fujairah.
The project was initially started in October 2006 before being put on hold in November 2008 following the global economic crash.
Located in the Fujairah Free Economic Zone, the rolling mill is set to produce straight rebar and wire rod for the construction industry, and covers a site of 145,000m2, making it the biggest steel rolling mill in the UAE.
It will have the capacity to produce one million tonnes of metal-roll per year to be sold in the UAE market and exported abroad.
Turner & Townsend said the revival of the project indicates the return of confidence in the region’s construction industry, following sluggish growth at the height of the global financial meltdown in 2009.
“The UAE was no different from the rest of the world in suffering from market decline in 2009 after the property and construction boom went bust,” the firm said.
“But the UAE’s rapidly growing and urban young population constantly fuel demand across the real estate, infrastructure and utilities segments of the market. It seems the construction industry is on the up once more.”
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