GCC to witness US$195 Billion worth of contract awards in 2014

Posted on 8th June 2014

shutterstock_2023495-Project DatabaseThe GCC region is expected to witness contractor awards to the tune of US$195 Billion in 2014. In 2013, the value of total contracts awarded to contractors totaled to US$159 Billion, thus forecasting a growth of 22% in 2014. This includes contracts awarded in project sectors – Buildings, Industrial, Infrastructure and Energy.

Some of the major contracts already awarded in 2014 till date includes the following:
SIProject NameCountry
1Clean Fuels Project - Mina Al AhmadiKuwait
2Doha Metro - Gold LineQatar
3Clean Fuels Project - Mina Abdullah 1Kuwait
4Clean Fuels Project - Mina Abdullah 2Kuwait
5Mirfa IWPPUnited Arab Emirates
6Power Plant at Al Kharj Industrial CitySaudi Arabia
7Jazan Refinery IGCC Power Plant- Offsites & UtilitiesSaudi Arabia
8New Orbital Highway - Phase 3Qatar
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