Five tips for delivering construction and infrastructure projects

  • Date: 18-Nov-2021
  • Source: Consultancy ME
  • Sector:Real Estate
  • Country:Gulf
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Five tips for delivering construction and infrastructure projects

With over $2 trillion in future construction and infrastructure projects planned across the Gulf Cooperation Council (GCC) in the coming years, successfully delivering projects will be one of the key success factors for realising the Vision 2030.

Led by the Vision 2030 giga-projects including Neom, Qiddiya entertainment city, the Red Sea Project, and Diriyah Gate, Saudi Arabia is home to by far the largest portfolio of construction and infrastructure projects in the GCC. As it stands, over $1 trillion has already been planned, and over $60 billion is currently being tendered. 

Some $505 billion of construction and transport projects are planned in the UAE, according to the latest available date from MEED, with about $17 billion in the tender phase, similar to the value of construction contracts being tendered in Qatar. Meanwhile, in Abu Dhabi, new developments are being driven by mega-projects energy and petrochemicals, and housing and real estate.