Table Of Contents
PREFACE
EXECUTIVE SUMMARY
INTRODUCTION
CHAPTERS
CHAPTER 1 – THE HISTORICAL PERSPECTIVE
CHAPTER 2 – THE BURSTING OF THE BUBBLE
CHAPTER 3 – CONTRACTOR AND CLIENT ANALYSIS
CHAPTER 4 – FORECASTS
APPENDIX A – SELECTED GCC MAJOR CONTRACTS TO BE AWARDED IN SECOND HALF OF 2010
APPENDIX B – SELECTED GCC MAJOR CONTRACTS TO BE AWARDED IN 2011
APPENDIX C – MATERIALS AND LABOUR COSTS TRACKER
TABLES AND CHARTS
CHAPTER 1
1.1 – Value of projects awarded in the GCC by country, 2000-08
1.2 – Value of projects awarded in the GCC by sector, 2000-08
1.3 – Breakdown of GCC contract awards by sector, 2000-03
1.4 – Breakdown of GCC contract awards by sector, 2004-08
1.5 – Comparison of contract awards between Dubai and the rest of the GCC, 2000-08
1.6 – Number of major contracts worth $50m awarded, 2000-08
1.7 – Comparison of oil price and GCC contract awards, 2000-08
1.8 – Comparison between GCC population growth and the value of contracts awarded, 2000-08
1.9 – Comparison between power and water contract awards and population growth, 2000-08
CHAPTER 2
2.1 – Breakdown of projects on hold or cancelled in the GCC by country
2.2 – Budget value of all GCC projects put on hold or cancelled by country and year, 2007-09
2.3 – Comparison between on hold/cancelled projects in Abu Dhabi and Dubai
2.4 – Breakdown of on hold and cancelled projects by sector
2.5 – Value of GCC construction contracts awarded, 2008-09
2.6 – GCC contract awards by quarter, 2008-09
2.7 – GCC contract awards by country, 2008-09
2.8 – GCC contract awards by sector, 2008-09
2.9 – GCC contract awards, 2009-10
2.10 – GCC contract awards by sector, 2009-10 (excluding $20bn UAE nuclear contract)
2.11 – GCC contract awards by country, 2009-10
2.12 – Selected GCC hydrocarbons projects tendered in May 2010
2.13 – GCC government budgeted expenditure and capital investment ($bn)
2.14 – Value of unawarded projects in the GCC by selected sector
2.15 – Value of unawarded projects in the GCC by country
CHAPTER 3
3.1 – Top 10 EPC oil, gas and petrochemical contractors in the GCC based on work under execution
3.2 – Percentage breakdown of top oil, gas and petrochemical EPC contractors based on work under execution
3.3 – Breakdown of top oil, gas and petrochemical EPC contractors by nationality based on work under execution
3.4 – Top oil, gas and petrochemical clients by value of work under execution, June 2010
3.5 – Top 10 EPC power and water contractors in the GCC based on work under execution
3.6 – Breakdown of top EPC power and water contractors based on work under execution
3.7 – Breakdown of top EPC power and water contractors by nationality based on work under execution
3.8 – Top power and water clients by value of work under execution, June 2010
3.9 – Top 10 construction and infrastructure contractors in the GCC based on work under execution
3.10 – Breakdown of top construction and infrastructure contractors based on work under execution
3.11 – Top 10 government construction and infrastructure clients by value of work under execution
3.12 – Top 10 oil, gas and petrochemical clients by unawarded projects
3.13 – Top 10 power and water clients by unawarded projects
3.14 – Top 10 construction and infrastructure clients by estimated budget value of announced future projects
CHAPTER 4
4.1 – GCC real GDP growth rates
4.2 – MEED Insight forecast for GCC contract awards in all sectors, second half 2010
4.3 – MEED Insight forecast for GCC contract awards by country, second half 2010
4.4 – MEED Insight forecast for GCC contract awards by selected sector, second half 2010
4.5 – MEED Insight forecast for GCC contract awards by selected sector and country, second half 2010
4.6 – MEED Insight forecast for GCC contract awards by country, 2011
4.7 – MEED Insight forecast for GCC contract awards by sector, 2011
4.8 – MEED Insight forecast for GCC contract awards by selected sector and country, 2011
4.9 – MEED Insight forecast for project awards by country, 2012
4.10 – MEED Insight forecast for GCC contract awards by selected sector, 2012
4.11 – GCC historical and future contract awards by year, 2000-12
4.12 – GCC historical and future contract awards by country, 2005-11
APPENDIX A
A.1 – Selected major construction sector contracts due to be awarded in second half of 2010
A.2 – Selected major infrastructure sector contracts due to be awarded in second half of 2010
A.3 – Selected major oil, gas and petrochemicals sector contracts due to be awarded in second half of 2010
A.4 – Selected major power and water sector contracts due to be awarded in second half of 2010
APPENDIX B
B.1 – Selected major construction sector contracts due to be awarded in 2011
B.2 – Selected major infrastructure sector contracts due to be awarded in 2011
B.3 – Selected major oil, gas, petrochemicals sector contracts due to be awarded in 2011
B.4 – Selected major power and water sector contracts due to be awarded in 2011
APPENDIX C
C.1 – GCC cement prices, 2004-10
C.2 – GCC rebar prices, 2004-10
C.3 – GCC structural steel prices, 2008-10
C.4 – GCC locally hired project manager monthly salaries, 2005-10
C.5 – GCC expatriate project manager monthly salaries, 2005-10
C.6 – Average skilled labourer daily wage, 2008-10