+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

United Arab Emirates (UAE) Projects, H1 2021 - Outlook of Major Projects Spanning Construction, Oil and Gas, Renewable Energy, Transport, Power and Water, Industrial Sectors - MEED Insights

  • ID: 5306930
  • Report
  • January 2021
  • Region: United Arab Emirates
  • 106 Pages
  • GlobalData
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

United Arab Emirates (UAE) Projects, H1 2021 - Outlook of Major Projects Spanning Construction, Oil and Gas, Renewable Energy, Transport, Power and Water, Industrial Sectors - MEED Insights

Summary

Whichever way you look at it 2020 was a very difficult year for the projects market in the UAE. At just under $19bn of contract awards it was more than 40 per cent down on the 2019 figure, This represented the worst year in nearly two decades as the twin blows of Covid-19 and lower prices hit hard.

The pandemic’s impact was particularly clear given the sharp fall in spending in the latter half of the year after the coronavirus had fully taken hold. Nonetheless, the market was already in decline. After years of falling real estate prices, construction activity had been decreasing over the previous three years and would no doubt have reached a crunch point with or without Covid-19.

This year should be a lot more promising as life gradually returns to normal. Spending will be spurred by a number of new oil and gas projects in Abu Dhabi led by the multi-billion-dollar Hail & Ghasha sour gas programme. However, construction sector expenditure is expected to remain muted in 2021 and even beyond until demand begins to pick up and oversupply dwindles.

In this challenging environment firms will have to be smart in order to prosper. Selecting the right clients, specialising in niche sectors, and introducing novel technologies are all tools companies can harness in order to stay ahead of the competition.

Likewise, the pipeline of projects in the UAE sits at more than $670bn. Although there are undoubtable challenges in the short term, the long term prognosis is still relatively healthy. Regardless of what happens, the UAE market will remain one of the largest projects markets in the region.

Written by MEED, the Middle East market experts within the publisher's group, "UAE Projects H1 2021" is the update to last year’s report. Focused on data, it is aimed at helping companies create strategies for targeting and growing the market. It uses almost exclusively data from MEED Projects, the region’s leading online projects tracking service. With 15,000 active projects tracked and more than 35,000 in total in the database, MEED Projects makes it possible to quantify current, historical and future trends in the projects market in the region.

Reasons to Buy

  • Opportunities and challenges in the UAE’s projects market
  • Analysis of the pipeline of planned projects and contract awards
  • Key policies and drivers shaping the outlook for projects in the UAE
  • Political and economic background
  • The barriers and challenges that may arise
  • Sector-by-sector breakdown of future project plans
  • Key drivers of projects in each sector
  • The UAE’s most valuable key projects and major project sponsors
Note: Product cover images may vary from those shown

Preface
  • Executive Summary
  • UAE Country Overview
  • UAE Projects Market
  • Oil and Gas
  • Construction
  • Transport
  • Industrial
  • Power and Water

List of Tables
  • Top Projects
  • Biggest planned and un-awarded projects in the UAE
  • Top Oil and Gas Sector Projects
  • Biggest planned and un-awarded Oil and Gas projects in the UAE Due in Bidding Stage
  • Biggest planned and un-awarded Oil and Gas projects in the UAE at Design, FEED or Study Stage
  • Top Construction Sector Projects
  • Biggest planned and un-awarded Construction projects in the UAE Due in Bidding Stage
  • Biggest planned and un-awarded Construction projects in the UAE at Design, FEED or Study Stage
  • Top Transport Sector Projects
  • Biggest planned and un-awarded Transport projects in the UAE Due in Bidding Stage
  • Biggest planned and un-awarded Transport projects in the UAE at Design, FEED or Study Stage
  • Top Industrial Sector Projects
  • Biggest planned and un-awarded Industrial projects in the UAE at Design, FEED or Study Stage
  • Top Power and Water Sector Projects
  • Biggest planned and un-awarded Power and Water projects in the UAE Due in Bidding Stage
  • Biggest planned and un-awarded Power and Water projects in the UAE at Design, FEED or Study Stage

List of Figures
  • UAE country map
  • GDP by sector, 2018 (%)
  • GDP by emirate, 2020e (%)
  • Population by emirate, 2020e (%)
  • UAE Nominal GDP vs. GDP Growth, 2010-23
  • UAE budget, 2011-21 (AED bn)
  • Gulf Projects Index Value of all projects in the UAE ($m)
  • Projects market by project status ($m)
  • Projects market by sector ($m)
  • Projects market by project status ($m), Dubai
  • Projects market by sector ($m), Dubai
  • Projects market by project status ($m), Abu Dhabi
  • Projects market by sector ($m), Abu Dhabi
  • Value of contract awards by year ($m)
  • Value of contract awards by year and sector ($m)
  • Value of contracts awarded in the UAE in July to December, 2010-20 ($m)
  • Number of Contracts Awarded 2010-20
  • Value of contract awards by Dubai vs Abu Dhabi ($m)
  • Biggest clients in the UAE by value of contracts in execution ($m)
  • Biggest contractors in the UAE by contracts in execution ($m)
  • Projects planned but un-awarded by status ($m)
  • Projects planned but un-awarded by sector ($m)
  • Biggest clients in the UAE by value of contracts planned ($m)
  • UAE 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 the UAE by value of contracts in execution ($m)
  • Biggest Oil and Gas Sector contractors in the UAE by contracts in execution ($m)
  • Oil and Gas Projects planned but un-awarded by status ($m)
  • Oil and Gas Sector Projects planned but un-awarded by subsector ($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 ($m)
  • Biggest Construction Sector clients in the UAE by value of contracts in execution ($m)
  • Biggest Construction Sector contractors in the UAE by contracts in execution ($m)
  • Construction Projects planned but un-awarded by status ($m)
  • Construction Sector Projects planned but un-awarded 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 the UAE by value of contracts in execution ($m)
  • Biggest Transport Sector contractors in the UAE by contracts in execution ($m)
  • Transport Projects planned but un-awarded by status ($m)
  • Transport Sector Projects planned but un-awarded by subsector ($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 ($m)
  • Biggest Industrial Sector clients in the UAE by value of contracts in execution ($m)
  • Biggest Industrial Sector contractors in the UAE by contracts in execution ($m)
  • Industrial Projects planned but un-awarded by status ($m)
  • Industrial Sector Projects planned but un-awarded 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 the UAE by value of contracts in execution ($m)
  • Biggest Power and Water Sector contractors in the UAE by contracts in execution ($m)
  • Power and Water Projects planned but un-awarded by status ($m)
  • Power and Water Sector Projects planned but un-awarded by subsector ($m)
  • Biggest Power and Water Sector Future Clients
Note: Product cover images may vary from those shown