While construction sector was not highly impacted by the COVID-19 pandemic, the sector did overcome a set of challenges including supply chain disruption, social distancing on site, lockdown restrictions, as well as lack of resource availability due to the closure of borders.
However, despite these concerns, business continued with contracts being awarded for various projects including Saudi Arabia’ the $500bn (SAR1.9tn) NEOM gigaproject; the $1.36bn (AED5bn) Jubail Island project in Abu Dhabi; the $4.5bn Cairo Monorail project; the $6.5bn (AED24bn) Aljada in Sharjah; and ADNOC’s oil lines and terminals upgrade, among others.
September 2020, though not as shining as the period before COVID-19, did come as a good month for construction stakeholders including AECOM, Hill International, Hassan Allam Holding, Nesma Holding, Elsewedy Electric, Target Engineering, Al Zamalek General Contracting, among others.
The Middle East’s top construction contracts of September 2020 were:
1. Elsewedy Electric wins $22.4m contract to build substation in Egypt
2. ADNOC awards $245m EPC contracts to upgrade oil lines, terminal
3. Nesma Holding bags Saudi Arabia’s sewage treatment plant contract
4. Abu Dhabi’s JIIC awards design contract for Jubail Island Phase 1
5. Hassan Allam wins contract to build El Mohandes Jotun’s paint factory in Egypt
6. AECOM wins design contract for Saudi Arabia’s $500bn NEOM
7. Arada awards contract to build SABIS-operated school in Aljada
8. Hill International wins project management contract for $4.5bn Cairo Monorail
9. ADX-listed NMDC awarded $163m lake expansion contract in Egypt
10. Oman’s ONEIC wins $6.1m contract from ROP to build substation in Thumrait
Please note that this list is not a ranking.