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com
GCC 2023 Projects
Outlook
And 2022 Review

26 January 2023, MEED Webinar

Ed James, Head of Content & Research, Middle East & Africa
[email protected]
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• Project award forecasts for each market and sector for 2023
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 2022 Review

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 2022 Review
A very disappointing 2022 especially given the recovery in 2021 and higher oil prices. Expectation at the start of the year was high, but this was not borne out by the value of
work awarded. It can be argued that the Qatargas LNG project distorted the 2021 number and that without it, 2022 was roughly in line with the previous year

Value of GCC contracts awarded 2013-22 ($m)

200,000
181,585
180,000
169,496

160,000

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145,964
140,000
120,008 116,501
120,000 115,826
104,293 106,501
100,000 94,412

80,000 71,279

60,000

40,000

20,000

0
NEOM.com
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
6
Source: MEED Projects
 2022 Review
While Saudi Arabia continued its strong performance by matching its 2021 number, it was offset by falls in the UAE and Qatar, which remain disappointing. No surprise that the
kingdom is the number one target market for GCC companies today as evidenced by contractors moving out of Qatar and UAE into Saudi. In total it comprises more than 50%
of the total GCC market. Is this a natural position given the size of its economy, population and oil production? Historically did the UAE outperform and today is its natural size?
Value of GCC contracts awarded by country, 2019-22 ($m)
60,000
53799

50,000

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40,000

30,000

19209
20,000
14208

10,000

2774 3426
996
0 NEOM.com
Bahrain Kuwait Oman Qatar Saudi Arabia UAE 7
Source: MEED Projects 2019 2020 2021 2022
 2022 Review
Last year was all the more disappointing given the higher average oil price and subsequent increase in government revenues. The implication therefore is that there is an
increasing disconnect between the oil price and actual project market activity (which may or may not be a positive development). Or it may be there is a lag of one or two
years before the oil price has an impact
Value of GCC contract awards vs oil price, 2013-22 ($m)

200,000 120

180,000 105.87
102.97
100
160,000 96.29

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Average annual oil price ($ per barre)
140,000
80
120,000 69.7 69.72
64.04
100,000 60
52.51
49.4
80,000
40.7 41.47 40
60,000

40,000
20
20,000

0 0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 NEOM.com
Sum of Contract Value ($m) Average Oil Price ($ a barrel) 8
Source: MEED Projects
 Historical Performance
The general decline in projects market spending is reflected by the gradually decreasing number of projects with a value of more than $10m. At the same time, it’s clear that
the average of individual projects are going up and that the average value of each contract in the UAE is much higher than those in Saudi Arabia

Number of $10m+ GCC contracts awarded, 2012-22 Number of $10m+ GCC contracts awarded by country, 2019-22
3500 700
3,261

3000 600

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2500 500
2,268 2,304

400 383
2000 358
1,718
1,547 1,495
300
1500
1,305 1,277
1,241
1,057
200
1000 910

100
500 57 50
25 37

0
0 Bahrain Kuwait Oman Qatar Saudi Arabia UAE NEOM.com
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 9
2019 2020 2021 2022
Source: MEED Projects Source: MEED Projects
 2022 Sector Performance
Construction is once again the largest sector after being edged out in 2021 by gas due to the Qatargas LNG expansion. It also tends to be along with the water sector the most
consistent market segment over the past few years, whereas other sectors tend to have more peaks and troughs

Value of GCC contracts awarded by sector, 2019-22 ($m) Value of GCC contracts awarded by country and sector, 2019-22 ($m)
45000 160,000

40000
140,000

35000 34,010

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120,000

30000
100,000

25000
80,000
20000 18,969
9,810 60,000
15000
40,000
9,310
10000 7,781 7,490

3,947 20,000
5000 3,095
0
0

NEOM.com
10
2019 2020 2021 2022 Bahrain Kuwait Oman Qatar Saudi Arabia UAE
Source: MEED Projects Source: MEED Projects
 Top 2022 Contracts
The list of the top contracts awarded in the region in 2022 is dominated by Saudi Arabia as would be expected. However, there is a more even
distribution of projects across sectors
Top 25 GCC contracts awarded in 2022
Project Country Sector Contract Value ($m)
Qatargas - North Field Production Sustainability: Phase 2: Scope B Qatar Gas 4,500
NEOM - NEOM City: Community Villages: Phase I : Five Housing Clusters Saudi Arabia Construction 3,500
NEOM – NEOM City: Backbone Infrastructure: Drill and Blast Running Tunnels Saudi Arabia Transport 2,780
ACWA/PIF - Renewable Energy Program: Phase 2: Shuaibah 2 Solar PV Power Plant Saudi Arabia Power 2,560
Saudi Aramco - ZOFD: Onshore: Hydrocarbons Processing Facilities: Package 1 Saudi Arabia Oil 2,500
Umm Al Qura - Masar: Package A: Hotel Towers Saudi Arabia Construction 2,000

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NEOM– NEOM City: Backbone Infrastructure: Drill and Blast Tunnel Section Saudi Arabia Transport 1,850
NEOM - NEOM City: Community Villages: Phase I: 3 Housing Cluster Saudi Arabia Construction 1,500
HIA - HIA Expansion: Phase 2B: Concourse D and E Qatar Transport 1,360
RCRC - King Salman International Park: Royal Art Complex Saudi Arabia Construction 1,333
Chevron Phillips Chemical/Qatar Energy - RLPP: Polyethylene Derivative Units Qatar Chemical 1,300
ASHGHAL - Al Wakrah and Al Wukair STP Qatar Water 1,186
QAFCO - Ammonia-7 Blue Ammonia Plant Qatar Chemical 1,100
Saudi Aramco - ZOFD: Onshore: Utilities & Water Treatment Facilities: Package 2 Saudi Arabia Oil 1,000
Qatargas – NFED: Pipelines and Topsides Facilities Qatar Gas 1,000
NEOM - NEOM City: Community Villages: Phase I: Two Housing Clusters Saudi Arabia Construction 1,000
DGDA - Diriyah Gate Development: Super Basement Saudi Arabia Transport 983
RMH - Rua Al Madinah Development: Infrastructure Package 1 & 2 Saudi Arabia Transport 974
ADNOC Offshore - Umm Shaif Field Long Term Development Plan: Phase 1 UAE Oil 946
NGHC – NEOM Green Hydrogen Company - Green Fuels Plant Saudi Arabia Chemical 900
TCFC - TUWAIQ Casting & Forging Facility Saudi Arabia Industrial 777
QIC - The Qiddiya Project: Resort Core: Water Park Saudi Arabia Construction 750
MAF – Riyadh North Development: Mall of Saudi : Main Package Saudi Arabia Construction 700
RCRC - Riyadh Sports Boulevard: Zone 5A Saudi Arabia Transport 689
RCJY - Jizan Economic City: Sea Water Cooling System: Phase 1 Saudi Arabia Water 650 NEOM.com
Seven - Al Nahdah Entertainment Complex (Exit 15) Saudi Arabia Construction 650 11
Source: MEED Projects
 Cashflow
Cashflow naturally tends to lag contract awards, and the effects of the decline in project spending was felt by many in the market only from 2018 onward. As illustrated below,
despite the recovery in 2021 after the Covid slump, the market is still shrinking, and it is only now that this is starting to trickle through

GCC Project Cashflow, 2013-22 ($m)

160,000

140,000

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120,000

100,000

80,000

60,000

40,000

20,000

0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 NEOM.com

Complete Execution 12
Source: MEED Projects
 Top 2022 Contractors and Clients
JGC leads the rankings of the top contractors by work won in 2022. Japanese contractors have been fairly quiet over the past decade but its performance along with Chiyoda’s
success on the Qatar LNG program mark a strong return for them. Another notable observation is the increasing presence of Chinese firms, with 6 of the top 20 coming from
China. On the client side, Aramco again leads the way followed by the NEOM giga project and Qatargas

Top GCC contractors by value of work awarded in 2022 ($m) Top GCC clients by value of work awarded in 2022 ($m)

0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000

0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000
JGC Corporation
Saudi Aramco
China Harbour Engineering Company
NEOM
Saipem

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QatarGas
China Offshore Oil Engineering
ROSHN
National Petroleum Construction Company
Umm Al Qura for Development &…
Samsung Engineering
Royal Commission for Riyadh City
Saudi Arabian Baytur Construction Co.
Saudi Electricity Company
Modern Building Leaders Saline Water Conversion Corporation
China State Construction Engineering… Q Properties
McDermott Diriyah Gate Development Authority
Larsen & Toubro Private Developer
Doosan Enerbility Qiddiya Investment Company
CTCI Corporation Qatar Energy
Shibh Al Jazira Contracting Acwa Power
Midmac Contracting Co Public Investment Fund
Maire Tecnimont Aldar Properties
China Energy Engineering Corp National Housing Company
Guangdong Electric Power Design Institute Qatar Fertiliser Co
ALEC Emaar Properties NEOM.com
SEPCO Abu Dhabi Ports 13
Source: MEED Projects Source: MEED Projects
 www.meedprojects.com
Short-term Outlook

14
 2023 January Performance
Difficult to judge outlook on the basis of an incomplete month, but data suggests that the market is holding up, although still not close to the 2014-206 period

Comparison of January GCC Contract Awards, 2014 – 2023 ($m)

20,000 19,275

18,000 17,202
16,490
16,000

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14,000
12,738
12,000 11,268
10,849

10,000 9,595
8,812
7,889
8,000

6,000 5,519

4,000

2,000

0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
15
Source: MEED Projects
 Top 25 GCC contracts awarded January 2023
Project Country Industry Contract Value ($m)
Chevron Phillips Chemical/Qatar Energy - RLPP: Ethane Cracker Qatar Chemical 2,800
Mawani - Upgrade of Container Terminals at King Abdulaziz Port in Dammam Saudi Arabia Transport 1,860
Saudi Aramco - Al Jafurah Seawater Reverse Osmosis Plant (IWP) Saudi Arabia Water 693
Damac Properties - Cavalli Casa Tower (Plot No. A-001-003-3827585) UAE Construction 436
Select Group/ESIC - Six Senses The Palm (Plot No. PJCRC08_200) UAE Construction 200
NWC - King Abdulaziz International Airport: Sewage Lift Station II Saudi Arabia Water 180
Elsewedy Electric - 300MW Solar Power Plant Saudi Arabia Power 176
GCCIA - 400kV Power Transmission Line Interconnection Kuwait Power 150

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Bloom Properties - Bloom Living: Cordoba (Phase 1) UAE Construction 128
Emaar - Emaar Beachfront: Beach Mansion Tower UAE Construction 122
Arada/Emaar - Naseej District Residential Complex: Vida Aljada Hotel Complex UAE Construction 120
Qatargas - Wastewater Recycle and Reuse Project (QGWP) in Ras Laffan Qatar Water 120
Damac Properties - Damac Lagoons: Portofino UAE Construction 100
Saudi Aramco - Abu Ali Bachelor Camp Saudi Arabia Construction 90
Select Group - Peninsula Three UAE Construction 84
ADNOC Onshore - Jebel Dhanna Crude Underground Storage Facilities (Salt Dome) UAE Gas 80
ADNOC - Hail and Ghasha Sour Gas Development: Offshore Pkg: Early Development UAE Gas 80
ADNOC - Hail and Ghasha Sour Gas Development: Onshore Pkg: Early Development UAE Gas 80
Capital Markets Authority - Permanent Headquarter Building in Kuwait Kuwait Construction 72
ADNOC Onshore - Bu Hasa SWAG CO2 EOR Pilot Project UAE Oil 70
Select Group - Peninsula Five: The Signature Collection UAE Construction 58
MOH - Saudi Housing Project: Rawabi Housing Complex in Jizan Saudi Arabia Construction 43
Alargan - Al Nakheel Integrated Tourism Complex: Phase 2 (Infrastructure Works) Oman Transport 40
SWCC - Water Transmission Systems of New Small Stations: Phase 2 Saudi Arabia Water 32
MoWMAUP - Zinj Trunk Sewer (ZTS) Bahrain Water 20
Source: MEED Projects 16
 2023 Outlook
Taking only contracts already in tender and thus most likely to be awarded this year, we have visibility on more than $110bn worth of projects. Based on this, we can see Saudi
Arabia and the UAE could grow by 20% this year, with even sharper increases in Kuwait, Oman and Bahrain (albeit from much smaller bases). The only market that could
decline in Qatar, which has still to provide clarity on its post FIFA 2022 World Cup and its project plans as part of its 2030 National Vision

Value of GCC contracts in tender or bid evaluation ($m) Value of GCC contracts in tender or bid evaluation compared with 2022 totals ($m)

Bahrain, 3,485, 70,000 300

Kuwait, 10,240, 64,458
3%
9% 269%
60,000 250

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250%
Oman, 7,764,
UAE, 23,254, 7% 50,000 200
19%

40,000 150

% change
127%
Qatar, 10,151, 30,000 100
8% 23,254
21%
20,000 50
(29)% 20%
10,240 10,151
10,000 7,764 0
3,485
Saudi Arabia,
0 -50
64,458, 54%
Bahrain Kuwait Oman Qatar Saudi UAE
Arabia NEOM.com
Contracts in tender/bid 2022 Total % Change 17
Source: MEED Projects Source: MEED Projects
 2023 Sector Outlook
The spread of sector performance in 2023 is remarkably evenly apportioned between segments. Construction appears to be well down on 2022 but this also reflects the lower
short-term visibility of the sector and its tendence to see a quick turnover of project awards in a given year. Power, petrochemical and water projects are anticipated to
perform exceptionally well thanks to a handful of large, significant projects out to bid

Value of GCC contracts in tender or bid evaluation ($m) Value of GCC contracts in tender or bid evaluation compared with 2022 totals ($m)

40,000 250
Industrial,
Chemical, 2291, 2%
11780, 10% 35,000 200
189% 198%

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30,000
Power, 22773, 150
19%
25,000 132%
100
Oil, 12114, 10%
20,000 -19% 54%
56% 50
15,000
Gas, 14320, Water, 21647,
12% 18%
-44% 0
10,000
-26%

5,000 -50
Transport,
15374, 13%
Construction,
19053, 16% 0 -100
Power Water Construction Transport Gas Oil Chemical Industrial NEOM.com

Contracts in tender/bid 2022 Total % Change 18

Source: MEED Projects Source: MEED Projects
 Top 2023 Planned Contracts
Again, in terms of contracts likely to be awarded this year, Saudi Arabia dominates. Likewise, there continues to be a fairly even spread of awards
across sectors.
Top Selected GCC contracts scheduled to be awarded in 2023
Project Country Sector Estimated Value ($m)
Qatargas - North Field South Development : Two Mega LNG Trains Qatar Gas 6,000
Marjan/RAK Hospitality/Wynn Resorts - Al-Marjan Multipurpose Integrated Resort UAE Construction 2,500
Adnoc - Mirfa Seawater Treatment Plant UAE Water 2,500
NWC - Upgrade of Sewage Treatment Plants: 5 Packages Saudi Arabia Water 2,150
SPPC - 3.6GW GFPP: Qassim IPP 1 1,800 MW Saudi Arabia Power 2,000
SPPC - 3.6GW GFPP: Taiba IPP 1 1,800 MW Saudi Arabia Power 2,000

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Saudi Aramco - Tail Gas Treatment Desulphurization Project Saudi Arabia Gas 2,000
SATORP - Amiral Complex: Derivatives Unit : Package 2 Saudi Arabia Chemical 1,900
Maaden/Mosaic/Sabic - Waad Al Shamal Phosphate City: DAP Package 1 Saudi Arabia Chemical 1,500
ADNOC/Total/PetroChina/ENI - Umm Shaif Gas Cap Condensate Development: Phase 1 UAE Gas 1,500
REPDO - Renewable Energy Round IV: 1,100MW Al-Hinakiyah hybrid CSP/solar project Saudi Arabia Power 1,500
SATORP – Amiral Complex: Mixed Feed Cracker : Mixed Feed Cracker: Package 1 Saudi Arabia Chemical 1,400
Saudi Aramco - Zuluf Oil Field: Upgrade of Infrastructure works (CRPO 100) Saudi Arabia Oil 1,200
Red Sea Global - Amaala: Utilities Package Saudi Arabia Water 1,200
EWEC - Al Ajban Solar PV IPP UAE Power 1,125
NEOM – NEOM City: Trojena: Trojena Valley Cluster: Dams Saudi Arabia Water 1,000
KOC - North & South Kuwait Revegetation Project Kuwait Construction 1,000
NEOM - NEOM City: The Line: The Spine: Railway Network: Type A Works Saudi Arabia Transport 1,000
REPDO - Renewable Energy Program Round IV: 700MW Yanbu wind IPP Saudi Arabia Power 1,000
Maaden/Mosaic/Sabic - Waad Al Shamal Phosphate City: DAP Package 2 Saudi Arabia Chemical 1,000
NEOM - NEOM City: Oxagon: NICC: The Connector Depot Saudi Arabia Transport 1,000
SEC/NEPCO - Saudi To Jordan Power Interconnection Saudi Arabia Power 1,000
NEOM – NEOM City: Oxagon: NICC: Connector South Saudi Arabia Transport 600
Wasl - MGM Resort, Bellagio and Aria Hotels Development UAE Construction 500
DGDA - Diriyah Gate: Phase I: Gardens and Diriyah South Districts Saudi Arabia Construction 500
NEOM.com
19
Source: MEED Projects
 2024 and Beyond

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20
 GCC Future Pipeline
In keeping with the theme of this presentation, Saudi is by far the largest projects market in terms of its projects pipeline, with more than $1.2 trillion worth of known, planned
and un-awarded work. Construction continues to dominate with more than half of known future projects by sector

Value of known, planned and un-awarded GCC projects ($m)

1,400,000 Gas Water

Industrial 4% 3%
3%
1,202,549 Oil
1,200,000
5%

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Power
1,000,000
7% $2.175
Chemical
8% trillion Construction
58%
800,000
Transport
12%
600,000
473,794

400,000

200,000 169,753 156,197

xx. 120,487
53,158
0
Saudi Arabia UAE Oman Kuwait Qatar Bahrain
21
Source: MEED Projects
 Top Future Clients
NEOM is by far the largest future clients as befits its status as the world’s biggest project. Aramco is a familiar face as are other major clients such as
Qatargas, Aldar and Adnoc. But other clients are coming such as the ROSHN, Red Sea Global, Jeddah Central, and Diriyah Gate mega/giga projects that
are all part of the Saudi 2030 Vision

Top GCC future clients by value of known, planned and unawarded work ($m)*

0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000

Saudi Aramco
Royal Commission for Riyadh City

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QatarGas And
King Abdullah City for Atomic & Renewable Energy NEOM at
Aldar Properties more than
ROSHN $300bn
ADNOC Offshore
Emaar Properties
Abu Dhabi National Oil Company
Kuwait Public Authority for Housing Welfare
Nakheel
Renewable Energy Project Development Office
National Housing Company
Red Sea Global
Qatar Public Works Authority (Ashghal)
Jeddah Central Development Co
Kuwait Authority for Partnership Projects
Diriyah Gate Development Authority
Lusail Real Estate Development Co
NEOM.com
Duqm Development Company SAOG
22
Source: MEED Projects *excludes NEOM for graphical illustration purposes
 Top Selected GCC Future Projects
Project Country Industry Estimated Value ($m)
NEOM – NEOM City Development Program Saudi Arabia Construction 297,529
KA-CARE - Nuclear Power Program Saudi Arabia Power 33,550
RCRC - Green Riyadh Saudi Arabia Construction 22,398
OQ/ICE/Enertech - Green Energy Oman Integrated Green Fuels Project Oman Chemical 20,000
ROSHN - Sedra District Community Homes Saudi Arabia Construction 18,281
ADNOC Offshore - Upper Zakum Full Field Development UAE Oil 15,999
JCDC - Jeddah Central Project Saudi Arabia Construction 15,625
RCRC - King Salman International Park in Riyadh Saudi Arabia Construction 14,344
Emaar - King Abdullah Economic City (KAEC) Saudi Arabia Construction 13,628
PIF - King Salman International Airport Saudi Arabia Transport 12,000

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Abu Dhabi Future Energy Company (Masdar) - Masdar City UAE Construction 11,857
PAHW - South Al Mutlaa City Kuwait Construction 11,714
Tourism Development & Investment Company - Saadiyat Island UAE Construction 10,954
ASDA - The Arabian Highland Saudi Arabia Transport 10,300
RCU - Al Ula Tourism Development Saudi Arabia Construction 9,823
Seven - New Entertainment Complexes Saudi Arabia Construction 9,773
RMH - Rua Al Madinah Development Saudi Arabia Construction 8,410
Omran - Madinat Al Irfan Urban Development Oman Construction 8,137
KAPP - Al Zour North IWPP Kuwait Power 6,910
PAHW / LH - South Saad Al-Abdullah Residential City Kuwait Construction 6,700
Mawani - Jeddah Islamic Port Expansion Saudi Arabia Transport 6,628
Emaar/DP World - Mina Rashid Redevelopment UAE Construction 6,490
LREDC - Lusail Qatar Construction 6,450
Emaar - The Valley UAE Construction 6,231
REPDO - National Renewable Energy Program Saudi Arabia Power 6,079
ADNOC - Hail and Ghasha Sour Gas Development UAE Gas 6,015
MOT - Bahrain Integrated Public Transport Network Bahrain Transport 5,900
Modon - Jizan City for Basic Industries and Conversion Saudi Arabia Construction 5,393
ADNOC/DUSUP – Jebel Ali Gas Reservoir Project UAE Gas 4,952
Dubai RTA - Dubai Metro Line Development UAE Transport 4,651
DEWA - Mohammad Bin Rashid Al Maktoum Solar Park UAE Power 4,618
Abu Dhabi Municipality - Mohammed Bin Zayed City Development UAE Construction 4,411
Nakheel - Dubai Islands UAE Construction 4,392
Source: MEED Projects
23
 Key Trends

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24
 Long-Term Projects Market Drivers
Key Drivers for Investment in Projects

High population Energy Transition into

growth drives need the Hydrogen
for projects 1 Economy
2

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Economic and Project
population growth Market ESG and focus on
requires investment in 7 3 sustainable
power and water Drivers construction and
capacity construction
technology
4

Belt and Road Initiative Long-term

has seen sharp growth government visions
Energy
in infrastructure such as Saudi 2030
independence,
projects and Gigaproject
renewables and gas
program
developments
25
Saudi Giga Projects
The number project theme is the Saudi giga projects program that is likely to be main source of work in the region of years to come

GCC and Egypt real GDP growth forecast 2020-2023 (%)

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Egypt market by far and away the strongest performing

26
 Saudi Giga Projects Phase 1
Phase 2
There has been year-on-year growth on giga projects over the past 5 years, and this is expected to Overall duration
Announcement date
continue in 2023 and beyond Overall Completion date
Total value of giga project contracts awarded
2018-2022 ($m) 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2035
14,000 Diriyah Gate *
13,108
Amaala *

12,000 $28.6bn AlUla * **

SEVEN *

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10,718
Rua Al Madinah *
10,000 Red Sea Project **
Qiddiya * **

8,000
Roshn * **
Jeddah Central *
NEOM *
6,000
Sports Boulevard *
Saudi Downtown * Awaiting release and approval of masterplan
4,000 King Salman International Park *
3,331
Boutique Group *
Aseer/Al Soudah *
2,000
1,157

293
0
2018 2019 2020 2021 2022* 27
Source: MEED Projects
Hydrogen

Another major theme has been the

emergence of the hydrogen

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projects sector. There are now
more than 40 greenfield hydrogen
projects planned in MENA worth in
total more than $100bn. It
represents the largest future
growth sector

28
 Power market spending in the MENA region

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29

Source: MEED Projects

 Other Trends
There are a number of other trends facing the projects market

• Green buildings – increasing emphasis on sustainable construction

• Construction Technology – clients increasingly focused on the use of technologies like robotics, drones, BIM, IoT, 3D Printing which can make
construction more efficient and reduce carbon footprint

• ESG – huge focus especially in advance of COP28. Emphasis on ESG in the supply chain, gender equality and opportunity, staff treatment, and

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demands from clients

• Resources – people and materials, particularly in Saudi Arabia, could be stretched given the expected requirements from the giga projects
program

• Modular buildings – MMC, offsite fabrication, pods are increasingly viewed as an efficient and cost-effective means for rapid construction

• PPP – PPP projects are finally spreading beyond the power and water sectors, with the first PPPs in education, roads, healthcare and
education either awarded in the past 2 years or in tender

30
Q&A
Do you have any questions?

Further $100 discount for attendees

with code: WEBINAR100

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Visit buy.meed.com
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Ed James
Head of Content
MEED
[email protected]
to buy the full GCC 2023 Planned
Tel: +971 50 661 4048 Projects Awards report
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before 31st January 2023