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MENA Development Partners

www.menapartners.net

MENA Development Partners LLC

Developing successful business relationships in the Middle East.

**NEW - Collaborative research project on fracking.**

Doing Business in the Middle East

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MEGA Construction Projects in the Middle East

Posted on April 4, 2013 at 12:32 PM Comments comments (63)
Mega construction projects in the Middle East are once again on the uptick. While many of these mega projects are government funded, there are some that are results of foreign investment.  Because of this, the construction industry across the Middle East is experiencing a marked resurgence & economic boom again. I am particularly intrigued by the new economic cities in Saudi being built under the patronage of His Majesty King Abdullah:

  • King Abdullah Economic City (KAEC) in Rabigh
  • Prince Abdul Aziz Bin Mousaed Economic City (PABMEC) in Hael
  • Knowledge Economic City (KEC) in Medinah
  • Jazan Economic City (JEC) in Jazan

But these mega projects are not just happening in Saudi Arabia, they also include the  Al Maktoum International Airport, and the Abu Dhabi Islands. There is also an increased interest including tourism, health care, education and renewable energy (which I will be talking about in my next blog!)

Saudi construction sector needs companies with experience - why won't anyone go??

Posted on March 21, 2013 at 6:34 PM Comments comments (47)
With almost as much as US $300 billion worth of infrastructure projects – including things like water desalination plants, power plants, roads and highways as well as like schools and hospitals and sea ports– the Kingdom of Saudi Arabia is planning, designing, bidding & constructing to ramp-up to be the "Saudi Arabia of the Future" by 2020. With this massive undertaking, there is a great need in the construction sector for companies with experience in these kinds of large-scale projects. So the question I am asking... where are these companies going to come from and how do we get them connected with the Saudi officials to learn about their capabilities?

Transportation (rail, metro, roads, bridges) projects alone such as account for at least US $175 billion. Water & power are approximately US $59 billion. Health care and education and similar types projects the same approximate US $59. Who is going to help make these aggressive projects happen?

As an American (and Capitalist), all I can think of is, "what the heck, why are American companies not running as fast as they can to get a piece of the action??" The American economy STINKS, all these jobs and projects that have been promised by the current administration when elected the first time & again the second told us all about these great new construction & infrastructure opportunities for American companies. (This blog is not intended to be political and my opinions are a bit more than transparent, sorry!) But let's face it, these projects just ain't happening.

Okay, so getting back to all these humungous (and already funded) projects in Saudi &  American construction companies sending folks over in hoards but that is just not happening either. Even the strongest US construction companies who offer the best projects in everything from hospitals to roads to power plants have NO DESIRE TO do business there. They might having a few chats and then politely explain this is not an area they want to do business in. What is baffling to me is, there is no business here... why not give it a shot.