More than $1.1 trillion worth of contracts have been awarded in the GCC alone over the past 10 years. In 2012, about $110bn worth of deals were let, and 2013 is expected to better with around $150bn worth of contracts awarded based on the performance of the first six months of the year.
The data is presented and analysed in the latest report by MEED Insight, the Mena Projects Forecast and Review 2013. Covering more than 100 pages, this research report is an update to the hugely successful 2012 edition and offers you an in-depth overview of the projects market in the region, focusing on data in particular. It also critically provides companies with a forecast for contract awards by country and sector for full year 2013 – 2014.
Through this comprehensive report you will be able to:
- Understand key trends in the projects market
- Quantify current and future market and sector sizes
- Identify the key opportunities and challenges for each sector
- Access rankings of the top clients, consultants and contractors
With more than $1 trillion worth of projects being planned in the GCC, this report is an essential and valuable tool for companies to be able to size markets and sectors as well as prepare the future strategy and identify new markets to enter.
Saudi Arabia is the leader in terms of future projects with a pipeline of more than $477bn followed by the UAE and Qatar with $178bn and $122bn respectively. The largest sector is construction, with 36 per cent of all contract awards in the last six years followed by oil and gas and then construction and power.
In the wider Mena region outside the GCC some $444bn worth of contracts have been awarded since 2006. The largest market has been Iran, with $86bn worth of the deals, followed by Iraq with $74bn. The latter is also the largest projects market going forward, with $203bn worth of planned and un-awarded projects driven mainly by oil and gas investment.
This market intelligence report helps quantify and assess specific opportunities, which in turn aids firms with their business development strategy. Order your copy today and identify key trends, opportunities and clients.
MEED Insight Market Intelligence reports portfolio
MEED Insight also offers a series of market intelligence reports on a range of different sectors and industries. The information compiled for these reports comes from a variety of sources, including MEED magazine, MEED.com, MEED Events and MEED Projects, as well as primary and secondary research.
Our current market intelligence reports include:
- Qatar Projects Market 2013
- Saudi Arabia Projects Market 2013
- MENA Rail 2013
- Oman Projects Market 2013
- South Sudan Projects Market 2013
- GCC Oil and Gas Projects Market 2013
To see all MEED Insight market intelligence reports, please click here
Find out how MEED Insight can help you gain critical business insight, please submit your details on our contact form: