Sunday 13 January 2019

MEED Insights Market 2019: Renewable Energy Project Development Office (Repdo), or Public Investment Fund (PIF)

Researchmoz added Most up-to-date research on "MEED Insights: Middle East and North Africa (MENA) Projects Market Outlook 2019" to its huge collection of research reports.

 MEED Insights: Middle East and North Africa (MENA) Projects Market Outlook 2019

Summary

The Middle East and North Africa (MENA) region is home to some of the most exciting projects markets in the world, offering abundant opportunities as governments seek to develop infrastructure to meet the needs of rapidly expanding populations, and to deliver economic diversification. Since 2008, some $2.3tn of contracts have been awarded across the region, an average of about $216bn of awards a year, with the GCC accounting for almost two thirds of this. And with an estimated $1.8tn of projects planned across the region, the pipeline of future projects is vast.

To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1978229

But while the need for infrastructure has never diminished, the crash in oil prices from 2014 to 2016 has seen major changes to the market. The introduction in 2016 of fiscal adjustment policies led to a sharp slowdown in project spending, with the value of contract awards falling to about $180bn a year in 2016 and 2017, compared to $226bn a year from2008 to 2015. This reduced level of awards is set to continue in 2018 and 2019.

It is a difficult time for project companies in the region. The reduced level of new opportunities and increasing competition have seen a hardening in the market as project clients have pushed for lower prices and delayed payments. Faced with falling profit margins and tightening cash flow, project companies are rethinking their strategies and restructuring. While heightened geopolitical tensions are increasing political risks in the region.

Despite this, the region still offers some of the best project opportunities in the world. The need for infrastructure and economic diversification is greater than ever. And, as home to some of the worlds wealthiest countries, the financial muscle is available to meet these needs and the recovery in oil prices and economic growth in 2018 has seen an improvement in the underlying conditions for project spending. But anyone seeking to do business in the region must be both flexible and patient. The biggest projects will take time to come to the market, and contract award levels may never recover to pre-2016 levels.

Get Complete TOC With Tables and Figures @ https://www.researchmoz.us/meed-insights-middle-east-and-north-africa-mena-projects-market-outlook-2019-report.html/toc

Some of the most significant projects will be driven by a new generation of clients such as the Renewable Energy Project Development Office (Repdo), or Public Investment Fund (PIF), both in Saudi Arabia, or the Kuwait Authority for Private Partnerships (KAPP), which are seeking private sector partners for strategic projects in tourism, housing, renewable energy, and transport. The return of markets Egypt and Iraq will also drive opportunities.

Written by MEED, the Middle East market experts within the GlobalData Group, a new approach to project delivery is required. Governments want greater economic sustainability and are seeking innovation improve efficiency and reduce the need for capacity expansions. Private developers are expected to take a larger share of the capital burden through public private partnerships (PPP), as well as through the privatisation of state utilities. And future projects are expected to deliver more in-country value in terms of job and supply chain opportunities for local companies.

Make An Enquiry @ https://www.researchmoz.us/enquiry.php?type=E&repid=1978229

Reasons to buy

- Identify new opportunities in the MENA region
- Gain outlook for contract awards 2018-2022
- Learn about country and sector breakdown of future project plans
- Support business planning and strategy
- Identify challenges to enable you to mitigate and avoid risk
- Profile contractor landscape in each sector
- Assess the challenges in MENAs projects market.

About ResearchMoz

ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us

Follow us on LinkedIn @ http://bit.ly/1TBmnVG

Follow me on @ https://marketsizeinfo.blogspot.in/

No comments:

Post a Comment

Global Drinking Water Filtration System Market Dynamics, Segments, Size and Demand, 2019

Researchmoz added Most up-to-date research on "Global Drinking Water Filtration System Market Research Report 2019" to its huge c...