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NUROL Construction Co. has been established in Ankara in 1966 as the first and the leading company of NUROL Holding Inc. and since 80’s has also progresed through significant accomplishments abroad.
In 80’s, the actvities abroad were first initiated at oil producing Arabic countries and in 90’s the focus was the Russian Federation and CIS countries established after the fall of Soviet Union. With the 21st Century, once more Middle East and North Africa were added to area of interest. In parallel to activities abroad, activities in Turkey have also progressed through major industrial complexes and infrastructural investments.
As of 2010, NUROL Holding Group of Companies include more than 40 companies active in sectors such as Construction and Trade, Machinery and Defence, Banking and Finance, Hotel Management and Tourism and the activity range of NUROL Construction Co., being the admiral ship of NUROL Holding Group of companies is dispersed over thirteen countries over three continents including UAE, Saudi Arabia, Libya, Algeria, Qatar, Georgia, Poland, Russia, Turkmenistan, Uzbekhistan, Iraq and Afghanistan.
Being included within both of World’s Biggest Global and International Contractors Lists of “Engineering News Record” (ENR.com) of Mc Graw Hill (USA), the activity fields of NUROL Construction Co. are infrastructure projects (highways, motorways, railways and metro systems, tunnels, gas/oil pipelines and auxiliary structures, irrigation/drainage systems, dams and hydroelectric power plants, water supply and sewerage networks, urban/industrial treatment facilities and solid waste facilities turnkey manufacturing facilities, industrial complex projects, industrial districts, business and commercial centre projects, luxury/mass housing and social centre projects, together with hotel, holiday resort and tourism facility projects as per the reference projects portfolio.
In parallel to this succesful history, works have progressed in 2010 too. Despite the crisis conditions faced, UAE is still an important point of focus for NUROL. Among our contracts in Abu Dhabi, our works within the framework of Khalidiya Palace Rotana Hotel and Residences Project has been completed and taken over by the Client.
The commitments under Shams Abu Dhabi Bridge and Canal Structures Project, which had been carried out under three separate contracts of 16 ea. sea bridge crossings, artificial canals, water intake structures, pump stations and auxiliary structures have been completed in 2010.
Another NUROL project currently in progress in Abu Dhabi is IP44 and Sea Palace Intersections Bridge and Tunnel Structures formed of two consecutive intersection structures have reached to finalisation and completion phases as of December 2010.
Bab Al Qasr Hotel and Multi Purpose Complex in Abu Dhabi which is the latest contract awarded to NUROL, in parallel to our strategy to continue expanding activity range in UAE has progressed through the structural work items. The Project has a value of 270 million USD’s comprised of two towers of 32 tower floors of office and luxury housing, 5 podium floors of social facilities and 4 underground floors which sum up to 155,000 m².
In Dubai, our works within the scope of Jumeirah Village North, Infrastructure Works Project are continuing as per the Client’s schedule. The project includes all infrastructure work items over an area of 400 ha, where 2,760 villas are to be realized.
In Algeria, another country within our activity range, Douera Dam Project is being brought to completion within the framework of additional items. Furthermore, the proposal submitted for Souk Tlata Dam Project is announced as the best offer by the Client and the invitation to contract signing is foresighted in the first half of 2011.
In Libya, because of the situation faced in the first quarter of 2011, our project realization had to be stopped. As of the end of 2010, our projects in progress in Libya were the Algarabolli-Misuratah Section of Coastal Highway Project including 160km long dual highway; and, Economics and Law Faculty Buildings Project, Physical Education Faculty Building Project and Campus B Infrastructure Works Project under Al Fateh University in Tripoli.
Within the framework of our works in Georgia, Sheraton Batumi Hotel Complex Project realized as 100% NUROL investment, has been completed and opened to service in May 2010.
On the other hand, our works under Namakhvani Hydropower Plant Project to be realized as a joint investment of NUROL Energy Co. as per the protocol signed with Georgian Government in December 2009, have been progressing. The project including three consecutive dams and hydropower plants having a total value of 1 billion USD’s, is foresighted to reach realization by the end of 2011.
For the expansion of scope of our overseas activities which forms the centre of gravity for our activities, the business development activities have been carried out extensively too. In order to re-include Saudi Arabia in our activity range effectively again, our affiliate established in Riyadh has been re-activated and our activities in Iraq has been proceeding through our branch based in Erbil.
Aside our activites abroad, our projects in Turkey have progressed significantly in 2010 too. Ankara-Pozantı Motorway Kemerhisar-Eminlik Section project, being realized by the foreign crediting brought by the joint venture where NUROL Construction Co. is the leader, is brought to temporary completion as of the end of 2010.
Ceyhan HEPP Project realized as 50% joint investment of NUROL has been completed and brought to operation stage in the summer of 2010. The works under MARMARAY Immersed Tube Tunnel Railway Crossing Project, one of the most important infrastructure projects of Turkey and which is being carried out by the Turkish-Japanese Joint Venture where NUROL Construction Co. is one of the local partners, have been continued. Within the project scope, TBM’s works and station construction works have been proceeding and all immersed tube units have been placed under-sea to its final locations.
In Ilısu Dam and HEPP Project, being realized by the international consortium where NUROL Construction Co. is the leader, works progressed through the approach roads, divertion tunnels and power production plant. The dam will be the second biggest dam of Turkey with its dam body volume of 45 million m3 and will have a power plant of 1,200 MW capacity to produce power of 3.83 GWH annually.
In addition to our above-mentioned projects, in September 2010, execution contract for Gebze-İzmir Motorway (including Izmit Bay Suspension Bridge) BOT Project has been signed with the Client after the execution of all necessary approvals by relevant governmental bodies. The project, including the realization of 425 km long motorway and Izmit Bay Suspension Bridge (1.8 km long mid-span and 3.0 km total length), is foresighted to be brought to realization in 2011.
With the activities briefed above, NUROL Construction and Trading Co. Inc., is carrying the pride of covering the requirements of its leading position gained and its name which became the symbol of reliability to the future with its young and dynamic spirit being kept since the first day of activity.
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