Toll Free: 1-888-928-9744
Toll Free: 1-888-928-9744
Published: Feb, 2017 | Pages:
76 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)
Synopsis In real terms, the Bahraini construction industry’s output grew by 6.4% in 2016, following an average annual growth of 5.2% during the preceding four years. This increase can be attributed to favorable macroeconomic conditions, improvements in business confidence and consumer demand, and public and private sector investment in infrastructure and residential construction projects, leading to an increase in demand for the Bahraini construction industry. Consequently, in real terms, the construction industry’s contribution to the country’s GDP increased from 6.7% in 2012 to 7.0% in 2015. The construction industry is expected to continue to expand over the forecast period (2017-2021), with investments in infrastructure, residential and energy projects continuing to drive growth. The focus on the development of transport infrastructure and the construction of affordable housing units will be key growth drivers. The industry growth will also be driven by the Bahrain Economic Vision 2030, under which the government aims to diversify the country’s economy away from oil and support economic growth. The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 5.01% over the forecast period, compared to 5.73% during the review period (2012-2016). Low oil prices are expected to undermine growth prospects during the early part of the forecast period. However, the government’s early efforts to diversify the economy away from oil by focusing on non-oil sectors will create growth opportunities for the construction industry. Summary Timetric’s 'Construction in Bahrain, Key Trends and Opportunities to 2021' report provides detailed market analysis, information and insights into the Bahraini construction industry, including: • The Bahraini construction industry's growth prospects by market, project type and construction activity • Analysis of equipment, material and service costs for each project type in Bahrain • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Bahraini construction industry • Profiles of the leading operators in the Bahraini construction industry • Data highlights of the largest construction projects in Bahrain Scope This report provides a comprehensive analysis of the construction industry in Bahrain. It provides: • Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Bahrain using construction output and value-add methods • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) • Analysis of key construction industry issues, including regulation, cost management, funding and pricing • Detailed profiles of the leading construction companies in Bahrain Reasons To Buy • Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies. • Assess market growth potential at a micro-level with over 600 time-series data forecasts. • Understand the latest industry and market trends. • Formulate and validate strategy using Timetric's critical and actionable insight. • Assess business risks, including cost, regulatory and competitive pressures. • Evaluate competitive risk and success factors. Key Highlights • The government is focusing on improvements to the country’s infrastructure to boost the performance of non-oil sector. As a result, the country’s non-oil economy is expected to record growth of 2.4% in 2017. According to the Economic Development Board (EDB), the country is currently in the process of implementing infrastructure construction projects with a value of BHD12.0 billion (US$32.0 billion). • Housing supply in Bahrain is relatively low compared to demand, which provides opportunities for residential developers. Accordingly, in a bid to provide affordable housing to meet demand from lower- and middle-income groups, the government set a target of constructing 65,000 social housing units across the country by 2020 under the Government Action Plan. • The government is focusing on the expansion and modernization of airport infrastructure, with an aim to improve airport services and build a world-class aviation infrastructure to meet the expected rises in passenger, cargo and air traffic. Accordingly, the government is developing Bahrain International Airport (BIA) under the Airport Modernisation Programme. In 2016, a joint venture of the Dubai-based Arabtec Construction and Turkey's TAV Construction won a contract to construct a new terminal at BIA. • The Bahraini construction industry’s growth will be driven by government plans to increase the share of renewable energy in terms of total energy consumption, and encourage investment in renewable energy infrastructure. Accordingly, the Bahraini cabinet approved the National Plan for Renewable Energy in January 2017, to achieve sustainable development and energy efficiency. • The government is seeking help from foreign investors to improve the country’s infrastructure. In August 2016, the Bahraini government signed seven contracts worth BHD148.5 million (US$395.0 million) with Kuwait and the UAE to carry out housing and infrastructure construction projects in the country.
Table of Contents 1 Executive Summary 2 Industry Outlook 2.1 Commercial Construction 2.2 Industrial Construction 2.3 Infrastructure Construction 2.4 Energy and Utilities Construction 2.5 Institutional Construction 2.6 Residential Construction 3 Key Issues and Developments 4 Market Data Analysis 4.1 Construction Output and Value Add 4.1.1 Construction output by project type 4.1.2 Construction output by cost type 4.1.3 Construction output by activity type 4.1.4 Construction value add by project type 4.2 Commercial Construction 4.2.1 Commercial construction output by project type 4.2.2 Commercial construction output by cost type 4.2.3 Commercial construction output by activity type 4.2.4 Commercial construction value add by project type 4.3 Industrial Construction 4.3.1 Industrial construction output by project type 4.3.2 Industrial construction output by cost type 4.3.3 Industrial construction output by activity type 4.3.4 Industrial construction value add by project type 4.4 Infrastructure Construction 4.4.1 Infrastructure construction output by project type 4.4.2 Infrastructure construction output by cost type 4.4.3 Infrastructure construction output by activity type 4.4.4 Infrastructure construction value add by project type 4.5 Energy and Utilities Construction 4.5.1 Energy and utilities construction output by project type 4.5.2 Energy and utilities construction output by cost type 4.5.3 Energy and utilities construction output by activity type 4.5.4 Energy and utilities construction value add by project type 4.6 Institutional Construction 4.6.1 Institutional construction output by project type 4.6.2 Institutional construction output by cost type 4.6.3 Institutional construction output by activity type 4.6.4 Institutional construction value add by project type 4.7 Residential Construction 4.7.1 Residential construction output by project type 4.7.2 Residential construction output by cost type 4.7.3 Residential construction output by activity type 4.7.4 Residential construction value add by project type 5 Company Profile: Nass Corporation BSC 5.1 Nass Corporation BSC - Company Overview 5.2 Nass Corporation BSC - Business Description 5.3 Nass Corporation BSC - Main Products and Services 5.4 Nass Corporation BSC - History 5.5 Nass Corporation BSC - Company Information 5.5.1 Nass Corporation BSC - key competitors 5.5.2 Nass Corporation BSC - key employees 6 Company Profile: Ahmed Mansoor Al A’ali Group of Companies 6.1 Ahmed Mansoor Al A’ali Group of Companies - Company Overview 6.2 Ahmed Mansoor Al A’ali Group of Companies - Main Products and Services 6.3 Ahmed Mansoor Al A’ali Group of Companies - History 6.4 Ahmed Mansoor Al A’ali Group of Companies - Company Information 6.4.1 Ahmed Mansoor Al A’ali Group of Companies - key competitors 6.4.2 Ahmed Mansoor Al A’ali Group of Companies - key employees 7 Company Profile: Poullaides Construction Company WLL 7.1 Poullaides Construction Company WLL - Company Overview 7.2 Poullaides Construction Company WLL - Main Services 7.3 Poullaides Construction Company WLL - History 7.4 Poullaides Construction Company WLL - Company Information 7.4.1 Poullaides Construction Company WLL - key competitors 7.4.2 Poullaides Construction Company WLL - key employees 8 Company Profile: Arabian Dredging Company WLL 8.1 Arabian Dredging Company WLL - Company Overview 8.2 Arabian Dredging Company WLL - Main Services 8.3 Arabian Dredging Company WLL - History 8.4 Arabian Dredging Company WLL - Company Information 8.4.1 Arabian Dredging Company WLL - key competitors 8.4.2 Arabian Dredging Company WLL - key employees 9 Company Profile: OAK Utility Solutions and Development WLL 9.1 OAK Utility Solutions and Development WLL - Company Overview 9.2 OAK Utility Solutions and Development WLL - Main Services 9.3 OAK Utility Solutions and Development WLL - Company Information 9.3.1 OAK Utility Solutions and Development WLL - key competitors 9.3.2 OAK Utility Solutions and Development WLL - key employees 10 Appendix 10.1 What is this Report About? 10.2 Definitions 10.3 Methodology 10.4 Contact Timetric 10.5 About Timetric 10.6 Timetric’s Services 10.7 Disclaimer
List of Tables Table 1: Bahraini Construction Output by Project Type (BHD Million), 2012-2016 Table 2: Bahraini Construction Output by Project Type (BHD Million), 2016-2021 Table 3: Bahraini Construction Output by Cost Type (BHD Million), 2012-2016 Table 4: Bahraini Construction Output by Cost Type (BHD Million), 2016-2021 Table 5: Bahraini Construction Output by Activity Type (BHD Million), 2012-2016 Table 6: Bahraini Construction Output by Activity Type (BHD Million), 2016-2021 Table 7: Bahraini Construction Value Add by Project Type (BHD Million), 2012-2016 Table 8: Bahraini Construction Value Add by Project Type (BHD Million), 2016-2021 Table 9: Bahraini Commercial Construction Output by Project Type (BHD Million), 2012-2016 Table 10: Bahraini Commercial Construction Output by Project Type (BHD Million), 2016- 2021 Table 11: Bahraini Commercial Construction Output by Cost Type (BHD Million), 2012-2016 Table 12: Bahraini Commercial Construction Output by Cost Type (BHD Million), 2016-2021 Table 13: Bahraini Commercial Construction Output by Activity Type (BHD Million), 2012- 2016 Table 14: Bahraini Commercial Construction Output by Activity Type (BHD Million), 2016- 2021 Table 15: Bahraini Commercial Construction Value Add by Project Type (BHD Million), 2012- 2016 Table 16: Bahraini Commercial Construction Value Add by Project Type (BHD Million), 2016- 2021 Table 17: Bahraini Industrial Construction Output by Project Type (BHD Million), 2012-2016 Table 18: Bahraini Industrial Construction Output by Project Type (BHD Million), 2016-2021 Table 19: Bahraini Industrial Construction Output by Cost Type (BHD Million), 2012-2016 Table 20: Bahraini Industrial Construction Output by Cost Type (BHD Million), 2016-2021 Table 21: Bahraini Industrial Construction Output by Activity Type (BHD Million), 2012-2016 Table 22: Bahraini Industrial Construction Output by Activity Type (BHD Million), 2016-2021 Table 23: Bahraini Industrial Construction Value Add by Project Type (BHD Million), 2012- 2016 Table 24: Bahraini Industrial Construction Value Add by Project Type (BHD Million), 2016- 2021 Table 25: Bahraini Infrastructure Construction Output by Project Type (BHD Million), 2012- 2016 Table 26: Bahraini Infrastructure Construction Output by Project Type (BHD Million), 2016- 2021 Table 27: Bahraini Infrastructure Construction Output by Cost Type (BHD Million), 2012-2016 Table 28: Bahraini Infrastructure Construction Output by Cost Type (BHD Million), 2016-2021 Table 29: Bahraini Infrastructure Construction Output by Activity Type (BHD Million), 2012- 2016 Table 30: Bahraini Infrastructure Construction Output by Activity Type (BHD Million), 2016- 2021 Table 31: Bahraini Infrastructure Construction Value Add by Project Type (BHD Million), 2012-2016 Table 32: Bahraini Infrastructure Construction Value Add by Project Type (BHD Million), 2016-2021 Table 33: Bahraini Energy and Utilities Construction Output by Project Type (BHD Million), 2012-2016 Table 34: Bahraini Energy and Utilities Construction Output by Project Type (BHD Million), 2016-2021 Table 35: Bahraini Energy and Utilities Construction Output by Cost Type (BHD Million), 2012-2016 Table 36: Bahraini Energy and Utilities Construction Output by Cost Type (BHD Million), 2016-2021 Table 37: Bahraini Energy and Utilities Construction Output by Activity Type (BHD Million), 2012-2016 Table 38: Bahraini Energy and Utilities Construction Output by Activity Type (BHD Million), 2016-2021 Table 39: Bahraini Energy and Utilities Construction Value Add by Project Type (BHD Million), 2012-2016 Table 40: Bahraini Energy and Utilities Construction Value Add by Project Type (BHD Million), 2016-2021 Table 41: Bahraini Institutional Construction Output by Project Type (BHD Million), 2012- 2016 Table 42: Bahraini Institutional Construction Output by Project Type (BHD Million), 2016- 2021 Table 43: Bahraini Institutional Construction Output by Cost Type (BHD Million), 2012-2016 Table 44: Bahraini Institutional Construction Output by Cost Type (BHD Million), 2016-2021 Table 45: Bahraini Institutional Construction Output by Activity Type (BHD Million), 2012- 2016 Table 46: Bahraini Institutional Construction Output by Activity Type (BHD Million), 2016- 2021 Table 47: Bahraini Institutional Construction Value Add by Project Type (BHD Million), 2012- 2016 Table 48: Bahraini Institutional Construction Value Add by Project Type (BHD Million), 2016- 2021 Table 49: Bahraini Residential Construction Output by Project Type (BHD Million), 2012-2016 Table 50: Bahraini Residential Construction Output by Project Type (BHD Million), 2016-2021 Table 51: Bahraini Residential Construction Output by Cost Type (BHD Million), 2012-2016 Table 52: Bahraini Residential Construction Output by Cost Type (BHD Million), 2016-2021 Table 53: Bahraini Residential Construction Output by Activity Type (BHD Million), 2012- 2016 Table 54: Bahraini Residential Construction Output by Activity Type (BHD Million), 2016- 2021 Table 55: Bahraini Residential Construction Value Add by Project Type (BHD Million), 2012- 2016 Table 56: Bahraini Residential Construction Value Add by Project Type (BHD Million), 2016- 2021 Table 57: Nass Corporation BSC, Key Facts Table 58: Nass Corporation BSC, Main Products and Services Table 59: Nass Corporation BSC, History Table 60: Nass Corporation BSC, Key Employees Table 61: Ahmed Mansoor Al A’ali Group of Companies, Key Facts Table 62: Ahmed Mansoor Al A’ali Group of Companies, Main Products and Services Table 63: Ahmed Mansoor Al A’ali Group of Companies, History Table 64: Ahmed Mansoor Al A’ali Group of Companies, Key Employees Table 65: Poullaides Construction Company WLL, Key Facts Table 66: Poullaides Construction Company WLL, Main Services Table 67: Poullaides Construction Company WLL, History Table 68: Poullaides Construction Company WLL, Key Employees Table 69: Arabian Dredging Company WLL, Key Facts Table 70: Arabian Dredging Company WLL, Main Services Table 71: Arabian Dredging Company WLL, History Table 72: Arabian Dredging Company WLL, Key Employees Table 73: OAK Utility Solutions and Development WLL, Key Facts Table 74: OAK Utility Solutions and Development WLL, Main Services Table 75: OAK Utility Solutions and Development WLL, Key Employees Table 76: Timetric Construction Market Definitions List of Figures Figure 1: Bahraini Construction Output (Real US$ 2010, Million), 2012-2021 Figure 2: Growth Matrix for Construction Output in Bahrain (US$ Million), 2012-2021 Figure 3: Bahraini Construction Output by Project Type (BHD Million), 2012-2021 Figure 4: Bahraini Construction Output by Cost Type (BHD Million), 2012-2021 Figure 5: Bahraini Construction Output by Activity Type (BHD Million), 2012-2021 Figure 6: Bahraini Construction Value Add by Project Type (BHD Million), 2012-2021 Figure 7: Bahraini Commercial Construction Output by Project Type (BHD Million), 2012-2021 Figure 8: Bahraini Commercial Construction Output by Cost Type (BHD Million), 2012-2021 Figure 9: Bahraini Commercial Construction Output by Activity Type (BHD Million), 2012-2021 Figure 10: Bahraini Commercial Construction Value Add by Project Type (BHD Million), 2012- 2021 Figure 11: Bahraini Industrial Construction Output by Project Type (BHD Million), 2012-2021 Figure 12: Bahraini Industrial Construction Output by Cost Type (BHD Million), 2012-2021 Figure 13: Bahraini Industrial Construction Output by Activity Type (BHD Million), 2012-2021 Figure 14: Bahraini Industrial Construction Value Add by Project Type (BHD Million), 2012- 2021 Figure 15: Bahraini Infrastructure Construction Output by Project Type (BHD Million), 2012- 2021 Figure 16: Bahraini Infrastructure Construction Output by Cost Type (BHD Million), 2012- 2021 Figure 17: Bahraini Infrastructure Construction Output by Activity Type (BHD Million), 2012- 2021 Figure 18: Bahraini Infrastructure Construction Value Add by Project Type (BHD Million), 2012-2021 Figure 19: Bahraini Energy and Utilities Construction Output by Project Type (BHD Million), 2012-2021 Figure 20: Bahraini Energy and Utilities Construction Output by Cost Type (BHD Million), 2012-2021 Figure 21: Bahraini Energy and Utilities Construction Output by Activity Type (BHD Million), 2012-2021 Figure 22: Bahraini Energy and Utilities Construction Value Add by Project Type (BHD Million), 2012-2021 Figure 23: Bahraini Institutional Construction Output by Project Type (BHD Million), 2012- 2021 Figure 24: Bahraini Institutional Construction Output by Cost Type (BHD Million), 2012-2021 Figure 25: Bahraini Institutional Construction Output by Activity Type (BHD Million), 2012- 2021 Figure 26: Bahraini Institutional Construction Value Add by Project Type (BHD Million), 2012-2021 Figure 27: Bahraini Residential Construction Output by Project Type (BHD Million), 2012- 2021 Figure 28: Bahraini Residential Construction Output by Cost Type (BHD Million), 2012-2021 Figure 29: Bahraini Residential Construction Output by Activity Type (BHD Million), 2012- 2021 Figure 30: Bahraini Residential Construction Value Add by Project Type (BHD Million), 2012- 2021
Speak to the report author to design an exclusive study to serve your research needs.
Your personal and confidential information is safe and secure.
