Accrescent Engineers (Pvt.) Ltd.’s Post

During the manufacturing of our pipes for use in the Mostikable Misr project and Sinai. UNION Steel Solutions

This is just amazing. To start a nuclear programme in a country with no nuclear experience or infrastructure and build the legal, regulatory and industrial capability to deliver 4 reactors in the time the UK, France and the US has taken to build, well none actually, is remarkable. So many lessons for the West to learn here. Well done ENEC! #projectmanagement #nuclear #PM5

𝗘𝘀𝘀𝗮𝗿 𝗚𝗿𝗼𝘂𝗽 𝗔𝘄𝗮𝗶𝘁𝘀 𝗙𝗶𝗻𝗮𝗹 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹𝘀 𝗳𝗼𝗿 $𝟰.𝟱 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗟𝗼𝘄-𝗖𝗮𝗿𝗯𝗼𝗻 𝗦𝘁𝗲𝗲𝗹 𝗣𝗹𝗮𝗻𝘁 𝗶𝗻 𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮 by Devdiscourse Essar Group is on the verge of launching a $4.5 billion low-carbon #steelplant in #SaudiArabia, pending final approvals. The #project aims to meet local steel #demand and tap into the evolving #electricvehicle sector. The #plant, taking three years to complete, marks Essar's first steel venture outside #India. #EssarGroup is on the brink of securing final approvals for a $4.5 billion #investment in establishing a low-carbon steel plant in Saudi Arabia, according to top official Prashant Ruia. The Saudi Arabian plant will have a capacity of four million tonnes per year and is expected to start shortly after receiving the necessary approvals. The #facility, located in Ras Al-Khair, aims to meet domestic steel demands and supports Saudi Arabia's growing ambition to become an electric vehicle #manufacturing #hub, with plans to produce more than 3 lakh cars annually by 2030. Essar Group's investment in Saudi Arabia underscores its #commitment to #decarbonization and #greenmobility. The project is its first steel venture outside India and signifies a new chapter following its debt resolution and divestment of the #Haziraplant in #Gujarat. Additionally, Essar plans to build two dedicated berths at the Ras Al-Khair port to facilitate its operations. The article link is here: https://lnkd.in/d-jDVi3p

well done

Localizing Material Sourcing: Strengthening Egypt's Construction Industry Supporting local industries is a key part of SAT's commitment to sustainable development. By sourcing materials like cement and steel from Egyptian manufacturers, we reduce environmental impact and stimulate the local economy. For example, the New Administrative Capital incorporates locally-produced materials, showcasing how national projects can strengthen domestic industries and minimize carbon footprint. SAT is proud to support Egypt's resources and heritage in every project. #LocalMaterials #EgyptIndustry #SustainableSourcing #SATLocalImpact

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚𝐧 𝐇𝐞𝐚𝐯𝐲 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐑𝐞𝐧𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 The Saudi Arabian heavy machinery rental market is on a robust growth trajectory, expected to surge from USD 2,158.8 million in 2024 to an impressive USD 3,193.0 million by 2030, achieving a CAGR of 6.9% between 2025 and 2030. This growth is driven by booming infrastructure development, government-led megaprojects, and the rising preference for rental solutions over ownership due to cost efficiency. The market is witnessing innovation in rental models, providing access to advanced machinery for industries like construction, mining, and oil & gas. 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐫𝐢𝐯𝐞𝐫𝐬: • Expansion of Vision 2030 projects • Growing urbanization and real estate investments • Shift toward eco-friendly and technologically advanced machinery • Increased focus on operational cost reduction • Rising industrial and oil sector activities 𝐊𝐞𝐲 𝐇𝐞𝐚𝐯𝐲 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐑𝐞𝐧𝐭𝐚𝐥 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐢𝐧 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚: • Industrial Supplies Development Co., Ltd. • Zahid Tractor • Al Faris Group • Kanoo Machinery-UAE • Bin Quraya Construction • Sarens Nass Middle East W.L.L (SNME) 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://bit.ly/3ARhzOm #saudiarabiaheavymachinery #rentalmarket #infrastructuregrowth #vision2030 #constructionequipment #machineryrental #industrialgrowth #oilandgas #equipmentinnovation #economicgrowth #rentalsolutions #megaprojects #technologicaladvancements #cagr #pnsintelligence

Arabia Cranes Trading & Transport's senior leadership, Mr. Fahim Ullah, Managing Director, and Mr. Naimat Ullah, General Manager, conduct site visits to ensure seamless project execution, unparalleled service, and adherence to global standards. #ArabiaCranesTradingAndTransport #LeadershipVisit #ConstructionSite #ProjectManagement #QualityControl #CustomerSatisfaction #HeavyLiftSpecialists #CraneRental #ConstructionSolutions #InfrastructureDevelopment #BuildingExcellence #LeadershipInAction #SiteInspection #OperationalExcellence

Jeddah to Become Key Hub for Copper and Zinc Metals with London Metal Exchange Initiative. Key Insights: London Metal Exchange (LME) plans to establish a new warehouse in Jeddah, boosting the city's significance in the global alloy industry. The move aims to enhance Saudi Arabia's position as a leading industrial and logistical hub. Infrastructure Development: LME is consulting to finalize warehouse location frameworks, ensuring smooth access to metal assets for stakeholders. Pending policy adjustments, Jeddah's designation as a delivery point will formalize after consultation conclusion on April 30, 2024. Industry Endorsement: LME CEO Matthew Chamberlain highlights Saudi Arabia's growing influence in the global metals market and Jeddah's strategic importance. Farooq Shaikh, CEO of LogiPoint, welcomes the initiative, emphasizing its alignment with the Kingdom's industrial development program. Global Impact: The program aims to position Saudi Arabia as a leading industrial powerhouse and logistics hub in key growth sectors. Established in 1877, LME is a global leader in industrial metals trading, handling a significant portion of non-ferrous alloy futures transactions. #JeddahMetalsHub #LondonMetalExchange #IndustrialDevelopment #LogisticsHub

Ramadan Mubarak! If you're wondering how best to support your colleagues, friends or family during Ramadan, have a read of our blog linked in the post below.