India’s L&T, America’s Dow and Hill International were among the top winners of Middle East project work last month. The Middle East’s construction industry has had a successful Q1 2019, with the region witnessing several construction contracts being awarded to major builders both from the region, as well as global markets such as India and Egypt.
Notable progress is witnessed major construction contract awards being handed in the Middle East to mark the beginning of Q2 2019. Contractors from Italy to Luxembourg, the US to the UK, and India to the UAE remained among the biggest winners of major construction projects in the region, showcasing the attention region’s construction industry has been gaining on the world map.
Dubai’s Mohammed Bin Rashid Al Maktoum Solar Park (MBR Solar Park) is taking shape aggressively and American chemical company is playing its part by providing on-ground services related to Dowtherm for the 950MW Phase 4 of the solar park.
UK’s Hill International was awarded contracts to work on two of the four $23bn (SAR86bn) megaprojects that were unveiled by the Custodian of Two Holy Mosques, King Salman bin Abdulaziz, in March 2019, to urbanise Saudi Arabia’s capital city, Riyadh.
This optimism extended construction contract awards during the month, and some of the world’s successful engineering companies, such as Al Ali Construction and Development, McDermott, Larsen & Toubro (L&T), Penspen, Eaton, Tractebel, and Saipem were awarded contracts in April 2019