Bahrain Building Construction Industry - December 2011
Description
Bahrain is touted as the financial and commercial hub of the Middle East due to its openness to trade and its good linkages with its counterparts. However, due to civil unrests witnessed in the tiny Kingdom in the first quarter of 2011 and relenting worries over the global economic scenario, the Bahrain economy was severely impacted and its construction sector in particular was severely hampered. The private sector activity in the real estate market remained muted as investors remained on the sidelines adopting a wait and watch approach. It is expected that with the concrete efforts from the government to address low cost housing shortage and the push towards building social infrastructure amenities such as healthcare and educational facilities, the construction sector will pull back onto the recovery track.
The contracts awarded in the Bahrain building construction industry fell from US$ 972 million in 2010 to US$ 788 million in 2011. However, with stability being restored and government trying to woo back the investors through its considerable investment schemes, the industry is likely to recover and contracts expected to be awarded are estimated to grow at a moderate pace to reach US$ 949 million in 2012 and US$ 1495 million in 2013.
Ventures Middle East with its vast experience of tracking the construction industries across the Middle East and North Africa region, in its report Bahrain Building Construction Industry 2010 explores the factors that shape the growth of the Bahrain construction industry and assess through a comprehensive assessment of the Political, Social, Economic, Technological, Legal & Regulatory, and Environmental factors that shape its growth path. It then summarizes the probability and impact of these factors on the industry within a market drivers and restraints framework through a probability impact matrix.
The study also provides key statistics on the budget totals for the Bahrain construction industry and its break up by sectors, contract awards, construction spend for the building construction industry as a whole and by sub sectors namely, retail, residential, commercial, mixed use tourism and leisure and others (including airports, educational institutions, hospitals and other miscellaneous projects) along with analysis and forecasts of the trend in the respective segments.
The report also provides a listing of the top clients, consultants and contractors in the Bahrain Building construction industry.
Bahrain is touted as the financial and commercial hub of the Middle East due to its openness to trade and its good linkages with its counterparts. However, due to civil unrests witnessed in the tiny Kingdom in the first quarter of 2011 and relenting worries over the global economic scenario, the Bahrain economy was severely impacted and its construction sector in particular was severely hampered. The private sector activity in the real estate market remained muted as investors remained on the sidelines adopting a wait and watch approach. It is expected that with the concrete efforts from the government to address low cost housing shortage and the push towards building social infrastructure amenities such as healthcare and educational facilities, the construction sector will pull back onto the recovery track.
The contracts awarded in the Bahrain building construction industry fell from US$ 972 million in 2010 to US$ 788 million in 2011. However, with stability being restored and government trying to woo back the investors through its considerable investment schemes, the industry is likely to recover and contracts expected to be awarded are estimated to grow at a moderate pace to reach US$ 949 million in 2012 and US$ 1495 million in 2013.
Ventures Middle East with its vast experience of tracking the construction industries across the Middle East and North Africa region, in its report Bahrain Building Construction Industry 2010 explores the factors that shape the growth of the Bahrain construction industry and assess through a comprehensive assessment of the Political, Social, Economic, Technological, Legal & Regulatory, and Environmental factors that shape its growth path. It then summarizes the probability and impact of these factors on the industry within a market drivers and restraints framework through a probability impact matrix.
The study also provides key statistics on the budget totals for the Bahrain construction industry and its break up by sectors, contract awards, construction spend for the building construction industry as a whole and by sub sectors namely, retail, residential, commercial, mixed use tourism and leisure and others (including airports, educational institutions, hospitals and other miscellaneous projects) along with analysis and forecasts of the trend in the respective segments.
The report also provides a listing of the top clients, consultants and contractors in the Bahrain Building construction industry.
EXECUTIVE SUMMARY
CHAPTER1. STRATEGIC OVERVIEW OF BAHRAIN CONSTRUCTION INDUSTRY 2011
Bahrain Construction Industry in 2011 and Beyond
Market Drivers and Restraints and Probability Impact Matrix
Market Growth Drivers
Market Growth Restraints
CHAPTER2. BAHRAIN BUILDING CONSTRUCTION MARKET OVERVIEW
Introduction
Bahrain Construction Market-Contracts Awarded and Real Estate Demand
Retail Segment
Residential Segment
Commercial Segment
Mixed use Segment
Tourism and Leisure Segment
Others Segment (Includes Airports, Hospitals, Educational Institutions and Miscellaneous Projects)
CHAPTER3. TOP CLIENTS, CONSULTANTS AND CONTRACTORS ACROSS THE BAHRAIN BUILDING CONSTRUCTION INDUSTRY
Top Clients
Top Consultants
Top Contractors
CHAPTER4. FUTURE OUTLOOK FOR THE BAHRAIN BUILDING CONSTRUCTION INDUSTRY
METHODOLOGY
CODE OF ETHICS
VENTURES ONSITE MENA PROJECTS DATABASE
LIST OF FIGURES
Figure 1: PESTLE Analysis - Bahrain Building Construction industry
Figure 2: Bahrain Construction Industry Budget Totals by Sector (US$ Million), 2011
Figure 3: Bahrain Building Construction Contractor Awards -All Sectors (US$ Million), 2010-2013
Figure 4: Bahrain Retail Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 5: Bahrain Retail Real Estate Demand (Square Meters), 2011-2015
Figure 6: Bahrain Residential Segment Buildings Contractor Awards (US$ Million), 2010-2013
Figure 7: Bahrain Residential Segment Real Estate Demand (Square Meters), 2011-2015
Figure 8: Bahrain Commercial Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 9: Bahrain Commercial Segment Real Estate Demand (Square Meters), 2011-2015
Figure 10: Bahrain Mixed Use Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 11: Bahrain Tourism & Leisure Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 12: Bahrain Others Segment (including .Airports, Educational Institutions, Hospitals and Misc Projects) Building Contractor Awards (US$ Million), 2010-2013
CHAPTER1. STRATEGIC OVERVIEW OF BAHRAIN CONSTRUCTION INDUSTRY 2011
Bahrain Construction Industry in 2011 and Beyond
Market Drivers and Restraints and Probability Impact Matrix
Market Growth Drivers
Market Growth Restraints
CHAPTER2. BAHRAIN BUILDING CONSTRUCTION MARKET OVERVIEW
Introduction
Bahrain Construction Market-Contracts Awarded and Real Estate Demand
Retail Segment
Residential Segment
Commercial Segment
Mixed use Segment
Tourism and Leisure Segment
Others Segment (Includes Airports, Hospitals, Educational Institutions and Miscellaneous Projects)
CHAPTER3. TOP CLIENTS, CONSULTANTS AND CONTRACTORS ACROSS THE BAHRAIN BUILDING CONSTRUCTION INDUSTRY
Top Clients
Top Consultants
Top Contractors
CHAPTER4. FUTURE OUTLOOK FOR THE BAHRAIN BUILDING CONSTRUCTION INDUSTRY
METHODOLOGY
CODE OF ETHICS
VENTURES ONSITE MENA PROJECTS DATABASE
LIST OF FIGURES
Figure 1: PESTLE Analysis - Bahrain Building Construction industry
Figure 2: Bahrain Construction Industry Budget Totals by Sector (US$ Million), 2011
Figure 3: Bahrain Building Construction Contractor Awards -All Sectors (US$ Million), 2010-2013
Figure 4: Bahrain Retail Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 5: Bahrain Retail Real Estate Demand (Square Meters), 2011-2015
Figure 6: Bahrain Residential Segment Buildings Contractor Awards (US$ Million), 2010-2013
Figure 7: Bahrain Residential Segment Real Estate Demand (Square Meters), 2011-2015
Figure 8: Bahrain Commercial Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 9: Bahrain Commercial Segment Real Estate Demand (Square Meters), 2011-2015
Figure 10: Bahrain Mixed Use Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 11: Bahrain Tourism & Leisure Segment Building Contractor Awards (US$ Million), 2010-2013
Figure 12: Bahrain Others Segment (including .Airports, Educational Institutions, Hospitals and Misc Projects) Building Contractor Awards (US$ Million), 2010-2013
LIST OF TABLES
Table 1: Bahrain Macroeconomic Indicators
Table 2: Bahrain Ongoing Projects in the Retail Segment (US$ Million), December 2011
Table 3: Bahrain Ongoing Projects in the Residential Segment (US$ Million), December 2011
Table 4: Bahrain Ongoing Projects in the Commercial Segment (US$ Million), December 2011
Table 5: Bahrain Ongoing Projects in Mixed Use Segment, (US$ Million), December 2011
Table 6: Bahrain Ongoing Projects in the Tourism and Leisure Segment, (US$ Million), December 2011
Table 7: Bahrain Ongoing Projects in the "Others" Segment, (US$ Million), December 2011
Table 1: Bahrain Macroeconomic Indicators
Table 2: Bahrain Ongoing Projects in the Retail Segment (US$ Million), December 2011
Table 3: Bahrain Ongoing Projects in the Residential Segment (US$ Million), December 2011
Table 4: Bahrain Ongoing Projects in the Commercial Segment (US$ Million), December 2011
Table 5: Bahrain Ongoing Projects in Mixed Use Segment, (US$ Million), December 2011
Table 6: Bahrain Ongoing Projects in the Tourism and Leisure Segment, (US$ Million), December 2011
Table 7: Bahrain Ongoing Projects in the "Others" Segment, (US$ Million), December 2011
