Bahrain spent US$875 million on construction in 2020

Bahrain awarded the construction and engineering industry 317 tenders worth a combined BHD330.1 million (US$875.7 million), according to information supplied by Bahrain’s Tender Board, the country’s government procurement regulator.

The country has ambitious infrastructure plans – Bahrain’s pipeline of major infrastructure projects is currently valued at approximately US$32 billion.

In total, and across all industries, the government awarded 1,688 tenders throughout 2020 worth a total of BHD1.6 billion (US$4.1 billion) compared to a total of BHD1.8 billion (US$4.8 billion) in 2019.

In terms of value of contracts, the oil sector took on 228 tenders worth BHD598.1 million (US$1.6 billion) followed by the construction and engineering industry, winning 317 tenders worth a combined BHD330.1 million (US$875.7 million).

The construction and engineering sector was followed by the aviation sector, the materials and equipment sector, and the services sector.

Chairman of the Tender Board, Shaikh Nayef bin Khalid Al Khalifa said, “2020 has proven one of the most challenging and unpredictable years globally for businesses in all sectors across the board. Despite these less than friendly conditions, throughout the year, Bahrain has awarded an impressive 1,688 contracts valued at well over US$4 billion.

“The Kingdom’s extensive, multi-billion dollar pipeline of infrastructure projects is a case in point, and has driven the consistently high value of contracts in the our thriving construction and engineering sector throughout the year.”