There are $69.6bn-worth of public-private partnership (PPP) deals under execution in the region, with over 155 main contract awards on PPP projects expected in 2024
Key points:
> VALUE AND VOLUME: The average year-on-year growth over the past decade in terms of the value of Middle East and North Africa (Mena) PPP projects is 29 per cent and 11 per cent in terms of the volume of projects
> BY COUNTRY: The UAE and Saudi Arabia have been driving the market
> BY SECTOR: The risk-return profile for power, water and oil and gas makes these projects relatively easier to finance. Activity levels could be helped by further efforts to establish attractive regulatory frameworks for PPP deals
> FUTURE PIPELINE: $247bn-worth of PPP projects are planned and unawarded, led by the power, construction and water sectors
> TOP FUTURE PPP PROJECTS
Hydrogen and green ammonia plant in Guelmim-Oued Noun, Morocco (Total Eren): $10.7bn
Saudi Arabia's National Renewable Energy Programme (Saudi Power Procurement Company): $10.3bn
- Saudi Arabia's Al-Ula tourism development (Royal Commission for Al-Ula): $9.3bn
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