Kuwait Projects, H2 2020 with COVID-19 impact update - MEED Insights

Kuwait Projects, H2 2020 with COVID-19 impact update - MEED Insights
 
 Summary

 
 Kuwait is currently the fourth largest Projects, market in the GCC after the United Arab Emirates, Saudi Arabia and Qatar. Historically, the local market has underperformed its potential, weighed back by politics and a lack of central authority to help push through Projects,. This has meant that despite its vast oil wealth and healthy fiscal position, the state rarely exceeds $15bn of contract awards each year.
 
 The pandemic and falling oil prices during the first half of 2020 hit Kuwait hard. The central tenders committee effectively closed during the lockdown and no new public tenders were released or submitted. As of August, tendering was still far from normal.
 
 The other big impact was lower oil prices. With the state forecasting another budget deficit and national assembly members unwilling to countenance additional borrowing, the government has had no choice but to rein back capital expenditure. As most schemes in Kuwait are directly government-funded this will naturally lead to fewer Projects,.
 
 That said, there was some good news in early 2020 when financial closed was announced on the Umm al-Hayman wastewater treatment plant PPP project. The long-awaited deal was the first under the PPP law and bodes well for the success of other PPP schemes in the pipeline.
 
 However, much more will need to be done if Kuwait is to live up to its Projects, market potential. The state needs to find a way of getting greater private sector participation in the market and attract greater foreign investment. Without either, it is difficult to see how the market can reach its potential.
 
 Written by MEED, the Middle East market experts within the GlobalData Group, ""Kuwait Projects, H2 2020"", is the update to this year’s popular H1 report. Focused on data, it is aimed at helping companies create strategies for targeting and growing the market.
 
 Reasons to Buy
 
 - Opportunities and challenges in Kuwait’s Projects, market
 - Analysis of the pipeline of planned Projects, and contract awards
 - Key policies and drivers shaping the outlook for Projects, in Kuwait
 - Political and economic background
 - The barriers and challenges that may arise
 - Sector-by-sector breakdown of future project plans
 - Key drivers of Projects, in each sector
 - Kuwait’s most valuable key Projects, and major project sponsors

 Preface
 Executive Summary
 Kuwait Country Overview
 Kuwait Projects Market
 Impact of COVID-19 and Latest Forecasts
 Oil and Gas
 Construction
 Transport
 Power and Water


List Of Tables

 Top Projects
 Biggest planned and un-awarded projects in Kuwait
 Top Oil and Gas Sector Projects
 Biggest planned and un-awarded Oil and Gas projects in Kuwait Due in Bidding Stage
 Biggest planned and un-awarded Oil and Gas projects in Kuwait at Design, FEED or Study Stage
 Top Construction Sector Projects
 Biggest planned and un-awarded Construction projects in Kuwait Due in Bidding Stage
 Biggest planned and un-awarded Construction projects in Kuwait at Design, FEED or Study Stage
 Top Transport Sector Projects
 Biggest planned and un-awarded Transport projects in Kuwait Due in Bidding Stage
 Biggest planned and un-awarded Transport projects in Kuwait at Design, FEED or Study Stage
 Top Power and Water Sector Projects
 Biggest planned and un-awarded Power and Water projects in Kuwait Due in Bidding Stage
 Biggest planned and un-awarded Power and Water projects in Kuwait at Design, FEED or Study Stage
  


List Of Figures

 Kuwait country map
 GDP by sector, 2018 (%)
 Kuwait Nominal GDP vs. GDP Growth, 2010-23
 Kuwait budget, 2010-20 (KD bn)
 Gulf Projects Index Value of all projects in Kuwait ($m)
 Projects market by project status ($m)
 Projects market by sector ($m)
 Value of contract awards by year ($m)
 Number of Contracts Awarded 2010-19
 Biggest clients in Kuwait by value of contracts in execution ($m)
 Biggest contractors in Kuwait by contracts in execution ($m)
 Projects planned but unawarded by status ($m)
 Projects planned but unawarded by sector ($m)
 Biggest clients in Kuwait by value of contracts planned ($m)
 Covid-19 cases in the Middle East and North Africa region since 1 March 2020
 Value of contracts awarded in Kuwait in January to June, 2010-20 ($m)
 Value of contract awards by year and sector ($m)
 Kuwait revised contracts award forecast based on COVID-19 impact ($m)
 Value of Oil and Gas contract awards by year ($m)
 Oil and gas projects market by project status ($m)
 Oil and gas projects market by subsector (%)
 Value of Oil and Gas contract awards by year and subsector ($m)
 Biggest Oil and Gas Sector clients in Kuwait by value of contracts in execution ($m)
 Biggest Oil and Gas Sector contractors in Kuwait by contracts in execution ($m)
 Oil and Gas Projects planned but unawarded by status ($m)
 Oil and Gas Sector Projects planned but unawarded by subsector ($m)
 Biggest Oil and Gas Sector Future Clients
 Value of Construction contract awards by year ($m)
 Construction projects market by project status ($m)
 Construction projects market by subsector (%)
 Value of Construction contract awards by year and subsector ($m)
 Biggest Construction Sector clients in Kuwait by value of contracts in execution ($m)
 Biggest Construction Sector contractors in Kuwait n by contracts in execution ($m)
 Construction Projects planned but unawarded by status ($m)
 Construction Sector Projects planned but unawarded by subsector ($m)
 Biggest Construction Sector Future Clients
 Value of Transport contract awards by year ($m)
 Transport projects market by project status ($m)
 Transport projects market by subsector (%)
 Value of Transport contract awards by year and subsector ($m)
 Biggest Transport Sector clients in Kuwait by value of contracts in execution ($m)
 Biggest Transport Sector contractors in Kuwait by contracts in execution ($m)
 Transport Projects planned but unawarded by status ($m)
 Transport Sector Projects planned but unawarded by subsector ($m)
 Biggest Transport Sector Future Clients
 Value of Power and Water contract awards by year ($m)
 Power and Water projects market by project status ($m)
 Power and Water projects market by subsector (%)
 Value of Power and Water contract awards by year and subsector ($m)
 Biggest Power and Water Sector clients in Kuwait by value of contracts in execution ($m)
 Biggest Power and Water Sector contractors in Kuwait by contracts in execution ($m)
 Power and Water Projects planned but unawarded by status ($m)
 Power and Water Sector Projects planned but unawarded by subsector ($m)
 Biggest Power and Water Sector Future Clients
  


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