The MENA region is rich with project opportunities for investors, developers, designers, contractors, manufacturers, and workforce suppliers.
With about $4.1tn of projects planned or underway, every country in the region is investing heavily to diversify and expand their economies, and to meet the needs of fast-growing populations.
Covid-19 severely disrupted the market in 2020, affecting project execution and delaying planned projects.
Despite the uncertainty however, much of the region remains wealthy and committed to their development plans. This will continue to drive huge investments into capital projects in the Middle East and North Africa.
2020 saw a sharp contraction in the value of project contract awards across the Mena region as governments and project developers cut spending in response to the Covid-19 crisis.
But as the economy and oil prices recovered in the latter half of 2020 and in 2021 project activity is set to recover.
MENA Projects 2021 provides a comprehensive review of projects market in the Middle East and North Africa at the start of 2021.
Updated to assess the impact of the Covid-19 pandemic in 2020, this report provides a detailed analysis of the outlook for projects in 2021 and 2022.