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The Saudi Arabia and GCC Projects Market in 2019
The latest review of the marketFor The Big 5 Saudi, November
2019
Ed JamesDirector of Content & Analysis, MEED Projects
[email protected]+97150 6614048
www.meedprojects.com8 – 11 March 2020, Jeddah Centre For Forums
& Eventswww.thebig5saudi.com
mailto:[email protected]://www.meedprojects.com/
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All the project information in this presentation is sourced from
MEED Projects
MEED Projects is a Middle East, North and East Africa project
tracking platform. It has two major functions;it is a business
development tool to help you find new business opportunities and an
analysis tool so youcan assess the feasibility of potential new
markets and projects.
5 key reasons to sign up for a demo:
• Identify new business opportunities from over 14,300 active
projects worth over $7 trillion
• Improve performance in current markets and evaluate new
markets with 20 countries covered
• Build the right company relationships using our database of
over 11,200 companies on live projects
• Target over 18,000 key decision makers ahead of your
competitors
• Forecast market developments by country and project type to
inform your strategic planning
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© 2013 MEED Insight
WHERE ARE WE TODAY?
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MARKET PERFORMANCE
Value of GCC contract awards by country, 2014-18 ($m)
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
Bahrain Kuwait Oman Qatar Saudi Arabia UAE
2014 2015 2016 2017 2018
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MARKET PERFORMANCE
Source: MEED Projects
Value of GCC contract awards by sector, 2014-18 ($m)
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
Chemical Construction Gas Industrial Oil Power Transport
Water
2014 2015 2016 2017 2018
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© 2013 MEED Insight
2019 PERFORMANCE
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2018-19 COMPARISON
Source: MEED Projects
Value of GCC contracts awarded in whole of 2018 compared with
2019 year to date
4645 5464 533410112
25035
45983
96573
1161 2723 36719721
30190
19898
67364
0
20,000
40,000
60,000
80,000
100,000
120,000
Bahrain Kuwait Oman Qatar Saudi Arabia UAE Total
2018 2019 YTD
Saudi is on the up!
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TOP SAUDI ARABIA PROJECTS 2019
Top projects awarded in Saudi Arabia 2019 YTD
Project Area Sector Value ($m)
Saudi Aramco - Marjan Field Development: Offshore GOSP4
Development - Package 1 Eastern Province Oil 3,000
Saudi Aramco - Berri Field Development: GOSP Eastern Province
Gas 3,000
Saudi Aramco - Marjan Field Development: Offshore Gas Facilities
- Package 4 Eastern Province Gas 1,500
Saudi Aramco - Marjan Field Development: Tanajib Onshore Oil
Facilities: Pkg 6 Eastern Province Oil 1,480
Saudi Aramco - MFD: TGP: Onshore Utilities, Flare and Pipe Rack:
Pkg 12 Eastern Province Oil 1,250
Saudi Aramco - Marjan Field Development: Offshore Oil Facilities
(Package 2) Eastern Province Oil 1,010
MOT - Riyadh Second Ring Road: Phase 1 Riyadh Province Transport
700
Saudi Aramco - Safaniya: Debottleneck Onshore Plant Eastern
Province Oil 650
Saudi Aramco - Zuluf Field Offshore Expansion Oil 640
Maaden - Mansourah to Massarah Gold Mine Project Mecca Province
Industrial 606
SWCC - Al Khobar SWRO Desalination Plant (Phase II) Eastern
Province Water 600
Saudi Aramco – Marjan Offshore: TP-10 Tie-in Platform Oil
600
Saudi Aramco - Marjan Field Development: Offshore: Water
Injection (Package 3) Eastern Province Oil 600
SWCC - Jubail SWRO Desalination Plant (Phase II) Eastern
Province Water 500
Saudi Water Partnership Company - Rabigh 3 IWP Mecca Province
Water 480
RM - Botanical Gardens In Riyadh : Phase 3 Riyadh Province
Construction 426
QIC - The Qiddiya Project: Resort Core in Riyadh Riyadh Province
Construction 400
REPDO - REP: Round 1: Phase 1: 400MW Wind Power Plant at Dumat
al-Jandal Al Jouf Province Power 400
Ministry of Housing - Saudi Housing Project: Mecca Province
Residential Mecca Province Construction 400
Saudi Aramco - Water Handling Debottlenecking At South Ghawar
Area Eastern Province Oil 400
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TOP 10 CONTRACTORS IN SAUDI ARABIA BY VALUE OF WORK UNDER
EXECUTION ($M)
Negative factors
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© 2013 MEED Insight
OUTLOOK
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TOP PROJECTS IN TENDER
Selected planned projects in Saudi Arabia in tender
Project Sector Value ($m)
REPDO - Renewable Energy Program: Round II Power 6,035
GACA - King Khalid International Airport Expansion: Terminal VI
Transport 3,000
Saudi Aramco - Shedgum and Uthmaniya Gas Plant: Processing
Facility Gas 2,500
MOD - King Salman Airbase Facilities Construction &
Relocation Project Transport 2,500
MOD - King Faisal Air Academy Construction and Relocation
Project Construction 2,500
SEC - PP15 Combined Cycle Power Plant : Phase 1 (IPP) Power
2,000
National Tire Company - Tyre Plant In Jubail Industrial
1,600
Saudi Aramco - Jafurah Gas Plant : Processing Plant Gas
1,500
Saudi Aramco - ZCPF: Hydrocarbons Processing Facilities (Package
1) Oil 1,300
Saudi Aramco - MFD: Cogeneration Independent Steam Power Project
(ISPP) Power 1,000
Saudi Aramco - Jafurah Gas Plant : Gas Compression Plant Gas
1,000
Shomoul Holding - The Avenues Riyadh : Mall Construction
1,000
SWPC - Jubail 3A IWP Water 1,000
SAEI - King Abdulaziz International Airport: Aircraft
Maintenance Hangars Transport 800
SWPC - Jubail 3B IWP Water 700
Saudi Aramco - South Ghawar UR Field Development Program : Gas
Separation Plant Gas 700
SWCC - Shouaiba Desalination Plant : Phase V Water 700
Saudi Aramco - Jafurah Gas Plant : Sulphur Utilities &
Interconnecting Facility Gas 500
Saudi Aramco - Jafurah Cogeneration Independent Steam And Power
Project (ISPP) Power 500
Saudi Aramco - ZCPF: Water Treatment & Injection Facilities
(Package 2) Oil 500
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TOP FUTURE PROJECTS
Longer term projects in Saudi Arabia
Project Sector Value ($m)PTA - Riyadh Dammam High-Speed Rail
Transport 14,000
REPDO - Renewable Energy Program: Round III Power 10,000
Eastern Province Municipality - Dammam Metro Transport 9,000
KA-CARE - Nuclear Power Reactor: Package 1 Power 8,000
PTA - Saudi Landbridge Transport 7,000
Saudi Aramco / Sabic JV - COTC: Refinery - Residual
Hydrocracking (Package 1) Oil 5,000
Saudi Aramco / Sabic JV - COTC: Refinery - VGO & Base Oil
Extraction (Package 2) Oil 5,000
Saudi Aramco/Sabic JV - COTC:Refinery-Diesel & Naphtha
Hydrotreating(Package 3) Oil 5,000
SATORP – Amiral Complex: Ethylene and Propylene Plant Chemical
5,000
Saudi Aramco / Sabic JV - Yanbu Crude Oil To Chemicals (COTC):
Refinery Package Oil 5,000
Taif Municipality - Taif Public Transport Network Transport
5,000
PIF - New Jeddah Downtown Construction 4,800
MOT - King Hamad Causeway Transport 4,000
Pan-Asia Saudi - Petrochemical and Chemical Fiber Integrated
Project in Jizan Chemical 3,800
Ministry of Municipal and Rural Affairs - Riyadh Storm Water
Drainage Project Water 2,900
SEC - Shuqaiq Power Plant Expansion : Phase 1 Power 2,500
SEC - Jeddah South Power Plant : Phase 2 Expansion Power
2,500
SCTA - Al Rayis Development Construction 2,500
MOH - Madinat Al Wurud In Taif Construction 2,000
YALJ - Kaaki Development in Mecca Construction 2,000
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FUTURE PROJECTS
Value of Saudi Arabia future projects by sector ($m)
Chemical, 25987, 2%
Construction, 684086, 55%
Gas, 15368, 1%
Industrial, 19729, 1%
Oil, 40754, 3%
Power, 125067, 10%
Transport, 309071, 25%
Water, 32414, 3%
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FUTURE PROJECTS
Value of Saudi Arabia future projects by status ($m)
Bid Evaluation, 22287, 2%
Design, 907154, 72%
FEED, 110147, 9%
Main Contract Bid, 28599, 2%
Main Contract PQ, 44385, 4% Study,
139904, 11%
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FUTURE PROJECTS
Value of Saudi Arabia future projects by region ($m)
Riyadh Province, 177538, 51%Eastern Province,
87946, 25%
Al-Madinah Province, 51480,
15%
Others, 32231, 9%
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FUTURE CLIENTS
Top future Saudi Arabia clients by value of work planned and
un-awarded
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Value of Planned and Un-awarded GCC Projects ($m)
FUTURE PIPELINE
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
Bahrain Kuwait Oman Qatar Saudi Arabia UAE
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Value of Planned and Un-awarded GCC Projects by sector ($m)
FUTURE PIPELINE
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
Chemical Construction Gas Industrial Oil Power Transport
Water
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SOME CURRENT PROJECTS
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20
NEOM - $500bn
Scope:
Saudi Arabia’s largest and most
Ambitious project to be built from
ground up on 26,500 square kilometers
land in the Tabuk area and extending
450km along the Red Sea coast.
The smart city project aims to
promote Saudi Arabia worldwide
in 16 economic sectors.
Developer: Saudi Public Investment
Fund
Stage: Construction
Estimated value: $500 billion
Contract Value ($m) Status
PIF - Neom City Development Program 396,350Execution
PIF - NEOM: Infrastructure and Utilities 98,818Execution
PIF - NEOM: Neom Bay 1,800Bid Evaluation
PIF - NEOM: Residential Buildings Site
Preparation works 1,000Main Contract PQ
PIF – Neom City Development Program
: Industrial City 976Main Contract Bid
PIF - NEOM: Ring Road 500Main Contract PQ
PIF - NEOM : Airport 500Study
PIF - Neom: Construction Village 500Execution
PIF - NEOM: Neom Bay: Silver Beach
Infrastructure Works Package 200Execution
SWCC - Neom: RO Plant at Duba 182Execution
PIF – Neom : Industrial City: Site
preparation for PV plant 24Bid Evaluation
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21
QIDDIYA - $4bn
Scope:
To be a destination for entertainment,
sport and culture. The development will
feature 300 recreational and educational
facilities in five themes: parks and
attractions, sports and wellness, motion
and mobility, nature and environment,
and arts and culture.
Developer: Qiddiya Investment Company
Stage: Study
Estimated value: $4 billion
Contract Value ($m) Status
Qiddiya - The Qiddiya Project (Entertainment City)
1,300Design
QIC - The Qiddiya Project: Motion Core 600Design
QIC - The Qiddiya Project: City Center 600Design
QIC - The Qiddiya Project: Golf and Residential
Neighborhood 600Design
QIC - The Qiddiya Project: Eco Core 500Design
QIC - The Qiddiya Project: Resort Core 400Design
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22
THE RED SEA TOURISM PROJECT - $10bn
Contract Value ($m) Status
TRSDC - Red Sea Tourism Project 8,920Execution
TRSDC – Base Camp 200Execution
TRSDC – Shurairah Bridge 200Main Contract PQ
TRSDC - Phase I: RO Desalination
Plants 150Main Contract PQ
TRSDC - Labour Accommodation 80Execution
TRSDC - Solid Waste Management
Centre 70Main Contract PQ
TRSDC - Sewage Treatment Plant 60Execution
TRSDC - Marine works 36Execution
Scope:
A luxury tourism and leisure
destination extending over 28,000
square kilometers on the red sea cost
comprising the development of
more than 90 islands. The project will
also accommodate 58,000 people in
12,000 residential units.
Developer: The Red Sea
Development Company
Stage: Bid Evaluation
Estimated value: $9 billion
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KAAR GATEWAY ($800m)
2
3
Scope:
Four high-rise towers 150 and 180
meters in height providing 310,000
square meters of mixed-use space
within the King Abdulaziz Road master
plan in Mecca. The project comprises
two five-stars hotels, one four-stars
hotel, and luxury residence tower.
The project also comprise six-floors
shopping mall.
Developer: Umm Al Qura
Stage: Construction
Estimated value: $800 million
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© 2013 MEED Insight
THANK YOU
Ed JamesDirector of Content & Analysis, MEED Projects
[email protected]+97150 6614048
www.meedprojects.com
8 – 11 March 2020, Jeddah Centre For Forums & Events
www.thebig5saudi.com
Presentation by:
To enquire to exhibit, please contact:
Roni El Haddad
Event Director
[email protected]
mailto:[email protected]://www.meedprojects.com/
