Bahrain has historically had the smallest Projects, market in the GCC, which is not surprising given it has the smallest economy and population of all the GCC states. However, with only limited oil and gas reserves of its own, its Projects, market has grown to be less dependent on the crude price, and therefore more capable of withstanding the bearish market.
The COVID-19 pandemic threatens to disrupt the Bahraini economy more than any other GCC state. Without and major oil output to fall back on, and with tourism - particularly from Saudi Arabia - collapsing, the economy will not survive without government intervention. In late March, the government did just that by announcing a $11.3bn stimulus, equivalent to almost 30% of the kingdom’s total GDP. It also told departments to cut capital costs by 30% and to reschedule some Projects,.
At the same time, the Projects, funding that Bahrain has been dependent on from its neighbours is less secure as they face their own financing challenges. As a result, it is difficult to see how the kingdom can meet the same kind of spending totals as the last couple of years. This is reflected by the muted revised forecast for total awards this year.
Written by MEED, the Middle East market experts within the publisher Group, "Bahrain Projects, H2 2020", is the update to this year’s popular H1 report. Focused on data, it is aimed at helping companies create strategies for targeting and growing the market.
Reasons to Buy
The COVID-19 pandemic threatens to disrupt the Bahraini economy more than any other GCC state. Without and major oil output to fall back on, and with tourism - particularly from Saudi Arabia - collapsing, the economy will not survive without government intervention. In late March, the government did just that by announcing a $11.3bn stimulus, equivalent to almost 30% of the kingdom’s total GDP. It also told departments to cut capital costs by 30% and to reschedule some Projects,.
At the same time, the Projects, funding that Bahrain has been dependent on from its neighbours is less secure as they face their own financing challenges. As a result, it is difficult to see how the kingdom can meet the same kind of spending totals as the last couple of years. This is reflected by the muted revised forecast for total awards this year.
Written by MEED, the Middle East market experts within the publisher Group, "Bahrain Projects, H2 2020", is the update to this year’s popular H1 report. Focused on data, it is aimed at helping companies create strategies for targeting and growing the market.
Reasons to Buy
- Identify new opportunities
- Support business planning and strategy
- Identify challenges to enable you to mitigate and avoid risk
- Gain outlook for contract awards
- Access sector-by-sector breakdown of future project plans
- Preview profile contractor landscape in each sector
- Assess the challenges in Bahrain’s Projects, market
Table of Contents
- Preface
- Executive Summary
- Bahrain Country Overview
- Bahrain Projects Market
- Impact of COVID-19 and Latest Forecasts
- Oil and Gas
- Construction
- Transport
- Industrial
- Power and Water
List of Tables
- Top Projects,
- Biggest planned and un-awarded Projects, in Bahrain
- Top Oil and Gas Sector Projects,
- Biggest planned and un-awarded Oil and Gas Projects, in Bahrain Due in Bidding Stage
- Biggest planned and un-awarded Oil and Gas Projects, in Bahrain at Design, FEED or Study Stage
- Top Construction Sector Projects,
- Biggest planned and un-awarded Construction Projects, in Bahrain Due in Bidding Stage
- Biggest planned and un-awarded Construction Projects, in Bahrain at Design, FEED or Study Stage
- Top Transport Sector Projects,
- Biggest planned and un-awarded Transport Projects, in Bahrain Due in Bidding Stage
- Biggest planned and un-awarded Transport Projects, in Bahrain at Design, FEED or Study Stage
- Top Industrial Sector Projects,
- Biggest planned and un-awarded Industrial Projects, in Bahrain at Design, FEED or Study Stage
- Top Power and Water Sector Projects,
- Biggest planned and un-awarded Power and Water Projects, in Bahrain Due in Bidding Stage
- Biggest planned and un-awarded Power and Water Projects, in Bahrain at Design, FEED or Study Stage
List of Figures
- Bahrain country map
- GDP by sector, 2019 (%)
- Bahrain Nominal GDP vs. GDP Growth, 2010-23
- Bahrain budget, 2010-20 (BHD bn)
- Gulf Projects Index Value of all projects in Bahrain ($m)
- Projects market by project status ($m)
- Projects market by sector ($m)
- Value of contract awards by year ($m)
- Number of Contracts Awarded 2010-19
- Biggest clients in Bahrain by value of contracts in execution ($m)
- Biggest contractors in Bahrain by contracts in execution ($m)
- Projects planned but unawarded by status ($m)
- Projects planned but unawarded by sector ($m)
- Biggest clients in Bahrain by value of contracts planned ($m)
- Covid-19 cases in the Middle East and North Africa region since 1 March 2020
- Value of contracts awarded in Bahrain in January to June, 2010-20 ($m)
- Value of contract awards by year and sector ($m)
- Bahrain revised contracts award forecast based on COVID-19 impact ($m)
- Value of Oil and Gas contract awards by year ($m)
- Oil and gas projects market by project status ($m)
- Oil and gas projects market by subsector (%)
- Value of Oil and Gas contract awards by year and subsector ($m)
- Biggest Oil and Gas Sector clients in Bahrain by value of contracts in execution ($m)
- Biggest Oil and Gas Sector contractors in Bahrain by contracts in execution ($m)
- Oil and Gas Projects planned but unawarded by status ($m)
- Oil and Gas Sector Projects planned but unawarded by subsector ($m)
- Biggest Oil and Gas Sector Future Clients
- Value of Construction contract awards by year ($m)
- Construction projects market by project status ($m)
- Construction projects market by subsector (%)
- Value of Construction contract awards by year and subsector ($m)
- Biggest Construction Sector clients in Bahrain by value of contracts in execution ($m)
- Biggest Construction Sector contractors in Bahrain by contracts in execution ($m)
- Construction Projects planned but unawarded by status ($m)
- Construction Sector Projects planned but unawarded by subsector ($m)
- Biggest Construction Sector Future Clients
- Value of Transport contract awards by year ($m)
- Transport projects market by project status ($m)
- Transport projects market by subsector (%)
- Value of Transport contract awards by year and subsector ($m)
- Biggest Transport Sector clients in Bahrain by value of contracts in execution ($m)
- Biggest Transport Sector contractors in Bahrain by contracts in execution ($m)
- Transport Projects planned but unawarded by status ($m)
- Transport Sector Projects planned but unawarded by subsector ($m)
- Biggest Transport Sector Future Clients
- Value of Industrial contract awards by year ($m)
- Industrial projects market by project status ($m)
- Industrial projects market by subsector (%)
- Value of Industrial contract awards by year and subsector ($m)
- Biggest Industrial Sector clients in Bahrain by value of contracts in execution ($m)
- Biggest Industrial Sector contractors in Bahrain by contracts in execution ($m)
- Industrial Projects planned but unawarded by status ($m)
- Industrial Sector Projects planned but unawarded by subsector ($m)
- Biggest Industrial Sector Future Clients
- Value of Power and Water contract awards by year ($m)
- Power and Water projects market by project status ($m)
- Power and Water projects market by subsector (%)
- Value of Power and Water contract awards by year and subsector ($m)
- Biggest Power and Water Sector clients in Bahrain by value of contracts in execution ($m)
- Biggest Power and Water Sector contractors in Bahrain by contracts in execution ($m)
- Power and Water Projects planned but unawarded by status ($m)
- Power and Water Sector Projects planned but unawarded by subsector ($m)
- Biggest Power and Water Sector Future Clients
