The Oman Construction Cost and Outlook report reviews the change in global commodity prices over the last decade and the main econometrics that have a strong correlation to changes in historical costs for each of the GCC countries.

Published by MEED Cost Indices (MCI), the data used to develop this forecast has been exclusively sourced from more than 200 regional construction projects from a wide range of organizations.

Along with detailed analysis of Oman construction costs, this report offers you detailed insight into:

• The costs of main construction materials, equipment, labour and fuel
• Projected demand for cement
• Projected demand for rebar in Qatar
• The updated Tender Price Index forecast for Oman, KSA, Qatar, UAE, Bahrain and Kuwait

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“Oman was probably the only country in the Gulf Cooperating Council who did not dive into the real estate frenzy during 2004 to2008.  Oman had a much more stable approach in taking on new projects.  With project awards never exceeding USD 10 billion the capital required to fund projects year on year was never a burden for the government.” says Emil Rademeyer, General Manager, MEED Cost Indices.

This latest report from MCI forecasts construction costs in Oman and focuses on costs for the infrastructure and real estate sectors spread across the following sub-sectors: power, transport, social infrastructure, residential, commercial, education, leisure and entertainment, and retail.

The report explains in detail how and why the index has been created, explains the need for such a tool, analyses the factors that have influenced the price movements over the past decade and looks ahead to how these may affect the index in the future. In addition it offers you in depth insight into the supply and demand of cement, rebar, concrete and labour in Oman. With Oman cement companies’ ability to maintain gross margins above 30 per cent since 2009 it could be argued that the increased cost of cement production could be absorbed by the cement producers.

Order your copy of this exclusive report here

The Oman Construction Cost and Outlook report also gives you an updated Tender Price Index forecast for Oman, KSA, Qatar, UAE, Bahrain and Kuwait.

To access exclusive data, research and analysis along with many tables, graphs and charts, you can order your copy here.

To find out more about this report, please contact us today.

Telephone: +971 (0) 4 367 1302

Email: meedci@meed.com