“Our experience in the field helps us pre-identify fast growing land development opportunities such as the projects in the towns of Terrace and Kitimat, B.C whereby ROI directly benefits from the LNG economic development.”

Press Review

‘Man camp’ companies estimate LNG jobs at 20,000-plus

‘Man camp’ companies estimate LNG jobs at 20,000-plus

Temporary-work-camp builders shifting focus to B.C. from Alberta The B.C. government’s projections for job creation and economic development from liquefied natural gas (LNG) have, at times, been so astronomical as to invite scorn. There are 19 LNG projects proposed. The government has estimated that five LNG projects could generate 100,000 jobs over a nine-year period – an estimate the Canadian Centre for Policy Alternatives (CCPA) disputed in an analysis in July. The CCPA put construction-period jobs at 2,000 to 3,000 over three years and only 200 to 300 permanent jobs. But companies that accurately gauge workforce markets might offer a more accurate snapshot of how many --- Continue reading
Meydan launches huge Dubai project with world’s tallest residential tower

Meydan launches huge Dubai project with world’s tallest residential tower

The developer Meydan has announced the launch of a new scheme known as Meydan One featuring a 711m-high tower, a huge new mall, the world’s largest indoor ski slope, a 25,000 sq metres indoor sports facility, the biggest dancing fountains in the world, a beach and a civic plaza capable of hosting up to 60,000 people. It is also to contain a 100-berth marina. And, a retractable roof. “In a city which never stops innovating, today’s announcement is significant for the future of Dubai and the UAE,” said the Meydan chairman Saeed Al Tayer. The development has already been approved by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. It was launched on Monday night at --- Continue reading
Canadian real estate company makes 1st U.S. land buy in Colorado’s energy belt

Canadian real estate company makes 1st U.S. land buy in Colorado’s energy belt

A Canadian real estate investment company says it has made its first U.S. land buy, acquiring 220 acres near the Weld County city of Evans for $6.7 million. Montreal-based ROI Land Investments Ltd. says it intends to develop housing on the site. "Beginning in 2016, ROI intends to develop 1,200 lots in approximately four phases," the company said Wednesday. "The project may extend over a nine-year period and will feature a mix of housing units, including single family homes, town homes, duplexes, triplexes and condos." Weld County has seen strong employment growth in recent years amid the state's energy boom. Evans is located in the energy-rich Denver-Julesburg Basin. Philippe --- Continue reading
Canada must speed up approval of west coast LNG terminals, warns industry body

Canada must speed up approval of west coast LNG terminals, warns industry body

Vancouver: Canada needs to speed up the approval process for LNG terminals if it is to remain competitive in the field, the Canadian Association of Petroleum Producers (CAPP) warned on Wednesday. Without more of the specialized terminals to send out the country’s LNG supply to the world market, the industry’s output will be damaged, says the CAPP. The country has 19 LNG terminals proposed for its Pacific coast aimed at meeting demand from Asia, but provincial and federal regulatory approval have been slow to come by. More than a dozen LNG terminal projects are proposed in British Columbia alone, but analysts expect only a few to actually be constructed. Without expedited --- Continue reading