Bahrain awards $3.42bn contracts in H1
01 September 2021
Bahrain had awarded a total of 1,070 tenders and auctions worth BD1.3 billion ($3.42 billion) during the first six months of the year, despite the difficult economic conditions triggered by the Covid-19 pandemic, according to new data released by Bahrain’s Tender Board.
Of this, the lion’s share was for oil sector projects worth BD696 million, followed by aviation (BD179 million) and the construction and engineering consultancy (BD155 million). The total value of the tenders awarded has grown by 60 per cent from BD820 million in the first half of 2020, which reflects the volume of economic activity in the kingdom, it stated.
According to the Tender Board, contracts worth BD547.4 million were awarded for Tatweer Petroleum and BD105.9 million for Bahrain Petroleum Company. The Ministry of Works, Municipalities Affairs and Urban Planning contracts were valued at BD87.4 millon, followed by the Electricity and Water Authority (BD80.7 million).
- Bids called for BIA Cargo Express Village
- Emerson completes key chiller installations in region
- Bahrain awards $3.42bn contracts in H1
- Fishing port work on track
- Chevron JV wins $240m Bapco contract
- Top firms in fray for Bahrain housing consultancy deal
- Ritchie Bros eyes expansion with Euro Auctions buy
- Major firms vie for metro corridor work
- Kuwait plans to build Mideast region’s first e-vehicle city
- News in brief
