INVESTMENT WATCH-
Turkish textile manufacturer Nil Örme will establish a USD 35 mn (EGP 1.75 bn) textile and garment manufacturing project in the Qantara West Industrial Zone, according to an SCZone statement. The facility will export 90% of its output and is expected to create around 2k jobs, according to SCZone Chairman Walid Gamal El Din. The project comes as part of SCZone’s strategy to position Qantara West as a regional hub for textiles and ready-made garments.
What’s next: The Suez Canal Authority will stage a promotional roadshow in Turkey at the end of September, eyeing fresh inflows across multiple sectors.
ROADS-
Qatar’s Public Works Authority (Ashghal) is planning to award a contract for the QAR 354 mn Umm Slal Ali roads development and infrastructure project, Zawya reports. The tender — set to roll out in 4Q 2025 — is for the first package of the development project, which includes Umm Ebariya Village, South Umm Al Amad, and North Bu Fessela roads.
About the project: The project covers 273 residential areas, government buildings, schools, and mosques spread over an area of 1,45k hectares, according to Ashghal. It is scheduled for completion in 3Q 2027. The contract will include road construction, landscaping, surface water, groundwater networks, and treated sewage-effluent facilities
That’s not all: Ashgal is also planning to award a consultancy contract for the 875k-sqm Wadi Al Banat North roads and infrastructure project in 3Q 2025, Zawya reports. The contract covers the design, management, operation, and services of the mechanical, electrical, and plumbing systems for five local streets in the Wadi Al Banat North area. The project is scheduled for completion in 4Q 2029.
RAIL-
Hafeet Rail’s railway tracks land at Sohar: UAE-Oman rail network JV Hafeet Rail has received its first shipment of 3.8k railway tracks through the General Cargo Terminal at Sohar Port and Freezone, according to a statement. The 6k metric ton shipment — manufactured at ArcelorMittal’s facility in Spain’s Gijón — is the first of a total of 33.1k metric-ton supply. The JV is slated to receive more shipments in the upcoming months before the next phase of on-ground construction.
REFRESHER- Hafeet Rail was launched by the UAE’s Etihad Rail and Mubadala, and Oman’s Asyad Group to work on a railway connecting the UAE to Oman. The rail link is set to cut travel between Abu Dhabi and Sohar to 100 minutes, with freight trains moving at 120 km/h and passenger trains carrying up to 400 people at 200 km/h.