Middle East contracts awarded: January 2018

15 February 2018
$11.3bn worth of project contracts awarded across the Middle East and North Africa in January 2018

The Middle East and North Africa (Mena) region saw slight month-on-month fall in the value of project contracts awarded in the first month of 2018.

The $11.3bn of project deals signed in January 2018 represented a 3.2 per cent fall in contract awards compared with the $11.7bn of contracts let in December 2017 despite a greater number of deals being signed.

A total of 88 deals were signed in January, compared with 70 in December.

Click here to access contract awards for January 2018

Iraq: January 2018

Iraq recorded the largest value of contracts signed in January, with $3.7bn of deals let and most of these coming from the oil sector.

The biggest contract award made was the $3bn contract signed by the Oil Ministry with a joint venture of China Power Construction Corporation and the US’ Nerco to build a new refinery and petrochemicals complex in Faw, in an effort to raise the country's fuel production.

January contract awards by country

CountryAward ($m)
Saudi Arabia1,225

UAE awards: January 2018

The UAE awarded the second-biggest value of deals in January, propelled by the signing of $2.5bn of construction contracts.

The largest deal awarded was in the power sector, with the Dubai Municipality signing a $865m contract with a consortium led by Belgium’s Besix and Switzerland’s Hitachi Zosen Innova to develop Dubai’s first waste-to-energy power project under a build, operate and transfer model.

The waste-to-energy project is planned to have a minimum capacity of 2,000 tonnes a day and produce up to 171MW of electricity.

Saudi Arabia awards: January 2018

Saudi Arabia came in third in the value of deals let, with $1.2bn of contract awards, in a repeat of the muted projects activity seen in December 2017, when $1.3bn of deals were signed.

The largest contract let in January was a $300m deal awarded by Saudi Aramco to China Petroleum Pipeline Engineering to enhance the liquefied petroleum gas pipelines and install new ones at the Juaymah natural gas liquids fractionation plant.

Looking back at the values of contract awards in previous Januarys ranging back to 2014, 2018 recorded the smallest value of deals let, with 2014 seeing the biggest value of contracts let – $22.2bn.

Looking forward, Saudi Arabia’s projects market is set to come back to life this year, with new projects expected to move forward as the government increases capital spending.

Contract awards as reported on www.meed.com

CountryProjectContractorClientEstimated value ($m)
UAEConstruction of an 800-room beachfront resort and water park at Deira IslandsSaudi Binladin GroupJoint venture of Nakheel and RIU Hotels & Resorts105
Saudi ArabiaEnhancing the liquefied petroleum gas pipelines and installing new ones at the Juaymah NGL fractionation plantChina Petroleum Pipeline EngineeringSaudi Aramco90
UAEIl Primo: Construction of two towers – one will be 356 metres high with 88 storeys, the other will be 300 metres tall with 71 storeys – in the Opera DistrictTAVEmaarna
UAEThe Address Residence Dubai Opera: Construction of two mixed-use towers – 65-storey residential tower, 55-storey hotel and serviced apartment buildingTAVEmaarna
EgyptFirst phase of Marasi Marina development: Construction of the first phase of 826 Marina apartments with surrounding servicesArabian Construction CompanyEmaar Misr for Development68
EgyptFirst phase of Marasi Marina development: Marine works for the development’s marinaOrascom Construction IndustriesEmaar Misr for Development45
UAEBuild the concrete raft foundation for one of Uptown Dubai’s two super tall towersHLG ContractingDubai Multi Commodities Centrena
EgyptBuild three solar plants in BenbanChint GroupAcwa Power190
UAEStructure steel works on One Zabeel developmentEversendaiAlecna
UAEStructure steel works on Il Primo developmentEversendaiTAVna
Saudi ArabiaGeneral infrastructure work around the under-construction Jeddah TowerAl-Fouzan General Contracting CompanyKingdom Holdings165
UAETwo contracts involving construction work on Wasl Plaza and connecting access tunnel at the Dubai Expo 2020 siteLaing O’RourkeExpo 2020 Bureau183
UAEConstruction of infrastructure at Dubai Industrial Park at Dubai Wholesale CityWade Adams ContractingDubai Holding37
UAEConstruction of the Expo Village development: parcels 10 and 11China State Construction Engineering CorporationDubai World Trade Centre169
UAEConstruction of the Expo Village development: parcels 8 and 9Shapoorji PallonjiDubai World Trade Centre177
Saudi ArabiaEngineering, procurement, construction and installation of 13 jackets in Aramco’s offshore fields of Zuluf, Marjan, Berri and Abu SafahMcDermottSaudi Aramco50-250
UAEDevelop Dubai’s first waste-to-energy power project under a build, operate and transfer modelConsortium led by Besix and Hitachi Zosen InnovaDubai Municipalityna


Contract awards as reported on meedprojects.com

Country NameProjectIndustryContract Value ($m)
QatarAshghal/HMC-HBKMC : District Cooling PlantWater20
EgyptCEPC - West Cairo Steam Power Plant: Mechanical Equipment & Piping PackagePower36
UAEDubai Municipality - Al-Warsan Waste-to-Energy Thermal Recycling PlantPower865
UAEKhamas Group - JVC : Marriott JVC Hotel & Residence Inn (Plot No : JVC17TCP00)Construction80
Saudi ArabiaMOT - Secondary Roads in Asir: Group 7Transport25
Saudi ArabiaPrivate Developer - Diwan Residence Towers (4&5)Construction40
UAEIthra - Deira Waterfront : Mixed Used Buildings (Plot No - 1113168 )Construction80
Saudi ArabiaSEC - 230/115/69 kV Abqaiq Central Substation (Rfx No. 4000056951)Power80
EgyptMEAHCO /Al Batterjee Holding - Batterjee Medical City : Phase 1Construction68
Saudi ArabiaSPA - OHTL At Dhaba PortPower11
IraqMinistry of Oil - Faw Refinery and Petrochemical ComplexOil3,000
OmanSV Pittie Sohar Textile - Cotton Yarn PlantIndustrial300
UAEEnoc/GRA JV - Auto Village in Ras Al KhaimahConstruction40
Saudi ArabiaRCJ&Y - Expansion of T-272 in Jubail (Tender No. 092-C51)Transport32
Saudi ArabiaRCJ&Y - Schools in Mutrafiah Sector F1 - Phase 1Construction24
Saudi ArabiaUniversity of Hafr Al Batin - Residential Complex (Tender No. 09/38)Construction24
Saudi ArabiaKingdom Holding - JEC : Infrastructure WorksTransport165
KuwaitPAHW - South Al Mutlaa City: Infrastructure Network for 4770 Plots (N2 & N3)Transport163
KuwaitMPW - Financial & Administrative Affairs Headquarters (Tender No. 229)Construction162
KuwaitAction Hotels Limited - Novotel Sharq HotelConstruction40
KuwaitKNPC - 9 Fuel StationsOil48
EgyptDelta Company for Fertilisers & Chemical Industries - Dakahlia Ammonia PlantChemical500
UAEContinental Investment - Dubai Lifestyle City : RukanConstruction260
UAEPrivate Developer - Reem Island : Residential Tower (Plot no. RT2-C18)Construction56
KuwaitAl Babtain Group - Nissan Car ShowroomConstruction12
UAEFEWA -Jazirat Al Marjan, Filya, Azan, and Khor Khwair Substation & Related WorksPower60
UAEBloom Properties - JVC: Bloom Towers (Plot No. JVC10RHRA200)Construction120
UAEDamac Properties - Aykon City : Phase 1: Tower BConstruction80
Saudi ArabiaSaudi Aramco - Enhanced LPG Piping Network at JNGLFGas90
Saudi ArabiaMOHE - Qassim University : College of Science and Literature in OnaizahConstruction24
UAENestle Waters - Water Factory in ICADIndustrial22
UAEDSOA - Light Industrial Unit Phase 6 (Plot No.4-003)Industrial22
BahrainArabian Gulf University-King Abdullah bin Abdulaziz MedicalCity:Enabling PackageTransport22
UAEAl Ansari Real Estate - Business Bay : Al Ansari TowerConstruction30
UAESigma Art Engineering Consultants - Ajman Clock TowerConstruction40
UAEMusanada - 3 Emirati Housing Neighbourhoods : 250 Villas in Al SamhaConstruction80
UAEPrivate Developer - JVC :   Residential Building (Plot JVC11NHRA001)Construction32
UAETRANSCO - 220kV GIS for Sweihan Solar PV Power Plant: LOT 1 (Tender No. N-15923)Power15
KuwaitMPW - Northern Regional Road from Abdaly Expressway to Future Crossroads(HT/247)Transport205
EgyptEETC - 500/220/22 KV Sokhna GIS SubstationPower40
UAEMOBH - IMPZ : Radisson Blu Hotel (Plot No : MS 001)Construction60
QatarASHGHAL - RIW in Various Areas of Greater Doha Phase 5 (PWA/GTC/039/2017)Transport25
UAEPrivate Developer - Nad Al Hammar Gardens : Residential Building (Plot 416-8149)Construction28
UAEPrivate Develop - JVC : Residential Building (Plot JVC11MOHR003A)Construction24
EgyptEgypt Ministry of Defense - Cairo to Sharm El Sheikh HighwayTransport198
UAESheikh Zayed Housing Programme - Bateen Al Samar : Phase 2 (Group B)Construction103
UAEPrivate developer - Residential Building (Plot no : JVC11CCMRH013)Construction18
Saudi ArabiaRCJ&Y - Infrastructure Works For Haii Al Nawa Camp 3 - Phase 2Transport24
Saudi ArabiaRCJ&Y - Potable Water Pump Station in Mardhuma (570-C36R)Water16
Saudi ArabiaRCJ&Y - Catering, Auditorium & Recreation Facilities (Tender No. 097-C76R)Construction101
UAEIthra - Deira Waterfront : Mixed Used Buildings (Plot No - 1114726 )Construction80
UAEAjman Holding - Mirkaaz MallConstruction136
UAEDWTC - Expo 2020 Development - Podiums & Tower Blocks on Parcels 10 & 11Construction169
JordanBSEC - Baynouna Solar Energy Plant (200MW)Power220
IraqGCPI - Khor Al Zubair Port RehabilitationTransport90
EgyptEmaar Misr For Development - Marassi Beach Resort: Development of MarinaTransport45
IraqPetronas/Japex/SOC - Garraf Oil Field Development: Central Processing FacilityOil480
Saudi ArabiaSaudi Aramco : Installation of 13 JacketsOil250
UAEExpo 2020 Bureau - Expo 2020 Development: Hammerhead Access RoadTransport82
EgyptMinistry of Investment - Tourism project in Abu MarqeqConstruction40
IraqUNDP - Rehabilitation Works of Baiji Central WTPWater40
UAEReportage Real Estate - Al Raha Beach: Residential Building (Plot No: 504)Construction10
UAEDEWA - 132/11kV Substation & Associated Works (Section - B)Power24
UAEPrivate Developer - JVC : Residential building (Plot No: JVC10LMRP200)Construction20
UAEAdnoc Refining - Mussafah Terminal Firefighting FacilitiesIndustrial29
QatarASHGHAL - RIW in South of Greater Doha: Zone 90-95 (Phase 5)Transport35
Saudi ArabiaSaudi Ports Authority- 132/13.8KV Substation At Dhiba PortPower19
KuwaitPAHW - South Al Mutlaa City: Infrastructure Network for 4999 Plots (N1 & N4)Transport165
UAEAli Mousa & Sons Holding - Shopping Center in Um TarafaConstruction11
OmanMinistry of Sports Affairs - Sports Complex in Ibra (20/2015)Construction40
UAEDWTC - Expo 2020 Development - Podiums & Tower Blocks on Parcels 8 and 9Construction177
UAEEmaar - Opera District : The Address Residences Dubai OperaConstruction180
UAELine Investments & Property - Dubai Silicon Oasis : Avenues MallConstruction204
UAEEmaar - Dubai Creek Harbour : Creek GateConstruction80
UAEExpo 2020 Bureau - Expo 2020 Development: Al Wasl Plaza : Main WorksConstruction100
UAEMOBH - Dubai South : Hilton Dubai HotelConstruction120
KuwaitKNPC - Debottlenecking of Coker Unit (U-20) : MABOil120
UAETransco - 400 kV Switching Station At Al Dhafrah And Associated WorksPower80
OmanOman Ministry of Defence - New Military Camp at Sohar (Package 1) (5/2017)Transport40
IraqCNOOC/IDC/TPAO - Maysan Oil Fields : 54 Wellpads (The Fifth Batch)Oil130
UAEAl Ghurair Properties - Mixed Use Development (Plot No.316-4028) at Al RaffaConstruction11
BahrainAmlak - Burj Al Saya (Permit no. BP/52/245013/MULTI/062017)Construction10
EgyptEmaar Misr For Development -Marassi Beach Resort: Marassi Chalet Phase IConstruction68
UAETiger Properties - Jumeirah Village Circle: O2 TowerConstruction50
UAEAl Ghurair Investment - Dar Al Marefa School in Al Khawaneej FirstConstruction14
Saudi ArabiaSaudi Aramco - AH Transportation in East West Corridor : Pipeline Package 1Oil300
EgyptEgypt Ministry of Youth and Sports - Renovation of Cairo StadiumConstruction30
UAEEmaar - Expo 2020 Development: Sustainability PavilionConstruction24
TotalThe full value for 88 projects across the Mena region11,333
Data from meedprojects.com as of 12 February 2018; na=Not available. For more information, visit MEED Projects http://www.meedprojects.com/home



For more up-to-date information on the region’s largest projects, go to MEED Projects, which tracks trillions of dollars-worth of schemes.

MEED Projects is a subscriber-only service that provides comprehensive, up-to-date and accurate project information. It monitors industry and business development opportunities through market data tailored to your needs.

Be the first to know about new projects; we provide the data so you can win the business. If you would like to see a demo of MEED Projects, or just want to find out more, register your details online or call +971 (0)4 818 0200.



A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications