The GCC construction industry is at an important turning point.
With the outlook for oil prices improving, governments are restarting much-needed infrastructure projects. They are also seeking to build momentum on their economic programmes by pushing ahead with flagship megaprojects.
As a result, construction companies can look forward to a recovery in the market in 2018 and 2019 following three extremely challenging years.
MEED’s latest GCC Construction Outlook 2018 helps you inform your strategy, identifies new and potential opportunities, highlights challenges in the market and helps you minimize risk.
Includes in-depth analysis presented in an annual report combined with 3 quarterly updates, highlighting changes, data, news and analysis to ensure you are fully informed about the opportunities emerging in the GCC Construction sector.
Included in GCC Construction Outlook 2018:
• Outlook assessment for the GCC construction market
• Comprehensive review of construction market in all six GCC countries
• Examination of projects planned and underway in GCC construction
• Client analysis covering project plans and strategic objectives
• Overview of leading contractor activity
• All the latest data and information of construction market trends
• Analysis of the challenges facing GCC construction
With $1.2tn of roads, buildings and infrastructure projects planned across the GCC at the start of 2018, the region offers abundant opportunities for construction contractors, engineers, project managers and manufacturers.
The 200-page report provides helps you to make the most of the opportunities ahead. The research report looks at the specific opportunities in the industry, including analysis of trends, construction costs, and individual analysis of specific subsectors and their drivers in each GCC state.
Combining insightful, forward-looking analysis from MEED’s team of construction experts, backed up with all the latest projects market data, the GCC Construction Outlook 2018 provides an essential market assessment for anyone working in the GCC construction.
Save time and investment on research and analysis. Gather exclusive data on the GCC construction industry through this in-depth examination.
Structured around detailed country-focused chapters, GCC Construction 2018 Outlook provides a complete guide to each of the GCC’s six construction markets. Each chapter provides a detailed sector analysis with supporting data about trends, projects, clients and outlook. Each chapter looks in detail at:
1.Construction market overview: Summarizing dominant issues, trends and significant events over the past three years, and description of key changes in 2015 and impact of oil prices. It also considers the major projects underway and those due for award in 2018 as well as the key contractors undertaking work
2. Economics and strategic plans: A review of economic planning and other strategic masterplans shaping the GCC construction sector
3. Real estate: Dominant trends, key planned projects, major client plans and players, key challenges (commercial, residential, tourism & leisure)
4. Social infrastructure: Government housing, education, healthcare, key planned projects, major client, key challenges
5. Roads, transport and public works: The prospects for infrastructure projects including roads, airports, rail, and ports
The unveiling of the $500bn Neom Future City project in October signalled the launch of the next phase of the kingdom’s Vision 2030 economic programme. The Vision is being driven by the development of a series of megaprojects across the kingdom, including Neom, the Red Sea Project, Maritime City, and Qidiya Entertainment City among others.
At the same time, Riyadh’s plan to stimulate private-sector investment is driving an ambitious programme of Public Private Partnership (PPP) projects to design, build, finance and operate key infrastructure projects in the rail, metros, housing, airports, and utilities sectors.
GCC Construction market Outlook 2018 provides a complete assessment of the outlook for Saudi Arabian construction market.
While in Dubai, which has been the primary driver of construction activity in the GCC over the past 2 years, construction activity is set to reach peak levels as the deadline for Expo 2020 nears. The question increasingly is ‘what comes next?’
GCC Construction market Outlook 2018 provides a detailed assessment of the outlook for the GCC real estate and construction markets as the deadline for 2020 approaches and considers what comes after 2020.
The development of a series of new towns will drive construction activity in 2018 along with investment in the transport and infrastructure sectors. Kuwait is also seeking to fund ambitious projects through PPP programmes. GCC Construction market Outlook 2018 looks at Kuwait’s project plans and considers the challenges they may face.
Oman’s construction sector will be driven by the government diversification programme to develop logistics, tourism and housing capacity under the country’s ninth level five-year development plan.
Supported by its GCC partners, Bahrain has been one of the strongest growing construction markets over the past two years. In the years ahead, there will be developments in tourism, transport, housing and infrastructure.
Qatar is facing many challenges as it builds towards World Cup in 2022. MEED looks at the progress of stadiums and infrastructure projects and outlook for future construction work.
Fast facts about the report
More than 200 pages
Covers all six GCC countries
Includes 134 maps, charts and tables
Covers real estate, social infrastructure, transport
Details the major projects due for award in 2018
Lists the most active contractors in each country
Lists the biggest spending clients in each country
Includes MEED’s forecast for awards in 2018
Analyses the extent of the liquidity problems in the GCC construction sector, payment delays and job losses
GCC Project Workload and Cash Flow data
Market Sustainability Index and Construction Cost Indices
And much more besides…!