Page 25 - Annual Report 2018
P. 25

Ring  Road  between  Perşembe  and  Otogar  Intersections   fill, 82.000 m  concrete and 2.800 tons of steel works will
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             were opened to traffic on March 2019.                  be carried out. Contract value is expected to reach 150
                                                                    million USD upon completion.
             Yeşilyaka Villas Project construction works, which is being
             implemented in 2 stages and 7 phases in İstanbul       Souk Tleta Dam, which is another dam under construction by
             Büyükçekmece - Sırtköy with an investment value of 500   Nurol Construction in Algeria, is located on the Bougdoura
             million USD, have been in progress. The Project scope   Stream, 8 km south of the city of Draa Ben Khedda, with a
             includes the construction of villas, social facilities and   view to provide irrigation and drinking water to Tizi Ouzou
             sales office which will be executed in our 1.008.732 m 2   and Boumerdes regions. The clay core earth fill dam will rise
             land.  The first stage (Koru) of the project, implemented on   95 m high from the foundation. Once completed, its reservoir
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             320.000 m  land in 3 phases, comprises the construction of   will have 90 million m  storage capacity. Within the project
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             173 Villas, social facilities, commercial and common areas.   scope 1.500.000 m  excavation, 1.400.000 m  fill, 124.000 m
             Handing over of the villas are ongoing in the first stage.   concrete and 3.600 tons of steel works will be carried out.
             Construction works at stage 2 which comprises of 472 villas,   Value of the contract is 135 million EUR.
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             social facilities and commercial areas on 625.400 m  land are
                                                                    In Morocco, temporary acceptance certificate has been
             also continuing in accordance with the schedule.
                                                                    issued for our 82 km long highway project with motorway
             In Algeria, which is another country where we carry out   standards, consisting of Lots 3 and 4 of El Jadida-Safi
             our activities, our latest Motorway Project Linking Tizi –   Motorway as of March 2016.  The highway which was
             Ouzou with East - West Highway, awarded to us with a   completed with a value of 150 million EUR has been
             contract value of 460 million EUR and expected to reach a   opened to traffic on August 2016.
             value of 1.1 billion EUR as a result of additional works, is in   The Gulf Region maintains its position to be an important
             progress. Scope of the project includes construction of 48   focal point for NUROL Construction Co. Apart from our
             km long motorway together with a 1,7 km long double    successfully completed twenty landmark projects, we
             tube  tunnel,  21  viaducts,  smaller  engineering  structures   currently have eight ongoing projects in United  Arab
             and drainage systems. Section between Km: 0+000 and    Emirates. Among our projects in UAE, Marina City Villas
             10+000 has been completed and opened to traffic whereas   and Residential  Buildings project  in  Abu Dhabi  is in
             construction works at the other sections are ongoing in   progress of partial handing-over of 67 high-end VIP Villas
             accordance with the project schedule.                  and 4 Residential Towers (G+12F+R) over common podium/
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                                                                    car park with a total closed area of 123.000m . Value of the
             Construction works in Boukhroufa Dam project which was
                                                                    project is 675 million AED in addition to another 29 million
             secured on 2013 for 90 Million USD contract, is ongoing in
                                                                    AED worth contract which includes Utilities Services
             accordance with the project schedule. The dam is located
                                                                    Relocation  Works of adjacent Marina Mall Extension
             on the  Boukhroufa  Stream, 9  km south  of the city  of
                                                                    Package project.
             Bouteldja, with a view to provide irrigation water to
             agricultural lands in the region. Clay core earth fill dam will   Further, in Abu Dhabi, we have been awarded with a 359
             rise 87 m high from the foundation. Once completed, its   million AED high-rise building contract for construction of
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             reservoir will have  125 million m  storage capacity. Within   Corniche Tower Project which is planned to be completed
             the project scope 1.915.000 m  excavation, 4.745.000 m    by February 2020. Project scope consist of construction of
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                                                                                           Boukhroufa Dam, El Tarf/ALGERIA

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