Top Arabian Gulf projects revealed

The top five projects in each of the Gulf Co-operation countries that went into construction in 2009 have been revealed by research firm Proleads. The list below shows the biggest projects by cost in the six GCC countries. Each project is under construction and the completion dates range between late 2010 through to 2020.

UAE

1. Al-Reem Island Development (Abu Shuoom Island Development - Emirates Pearl) - Shams - Tameer Towers – Abu Dhabi
(Tameer Holding)
Budget: $2.17bn

2. Masdar City - Phase 1 – Abu Dhabi
(Masdar)
Budget: $1.6bn

3. Al-Reem Island Development (Abu Shuoom Island Development - Emirates Pearl) - Shams - Gateway Towers – Abu Dhabi
(Sorouh Real Estate Company)
Budget: $1.6bn

4. Yas Island Development - Abu Dhabi - Golf Course
(Zabeel Investments - Aldar Properties)
Budget: $951m

5. Al-Falah Development Project - Abu Dhabi - 5000 villas
(Aldar Properties)
Budget: $704m

Saudi Arabia

1. King Abdullah Economic City - Seaport
(Emaar Economic City Company)
Budget: $5bn

2. Princess Norah University – Package 1
(Saudi Arabia Ministry of Higher Education - Saudi Arabia Ministry of Finance)
Budget: $3.3bn

3. King Abdullah Financial Centre - 28 Buildings
(Public Pension Agency)
Budget: $2.91bn

4. Princess Norah University - Package 2
(Saudi Arabia Ministry of Higher Education - Saudi Arabia Ministry of Finance)
Budget: $2.67 billion

5. King Saud University – 12 buildings for Women Colleges in Riyadh
(King Saud University)
Budget: $2.4bn

Qatar

1. Ras Laffan Port Expansion - Berths & Port Infrastructure
(Qatar Petroleum)
Budget: $1.8bn

2. Barwa Financial District
(Barwa Real Estate Company)
Budget: $1.44bn

3. New Doha International Airport Project – Phase 1 - Passenger Terminal Extension
(New Doha International Airport Steering Committee)
Budget: $1bn

4. Barwa - Doha Exhibition Center and Tower - New Doha Exhibition Center
(Barwa Real Estate Company)
Budget: $800m

5. The Pearl of the Gulf Development - Perlita Gardens
(The Land Investment & Real Estate Development Company)
Budget: $334m

Bahrain

1. Amwaj Islands - Al Fanar Resort - Amwaj Mall
(Ossis Property Developers)
Budget: $100m

2. Reef Island (Lulu Island Resort) - Le Reef
(Ahad Holdings)
Budget: $100m

3. ASRY Expansion Project - Quay Wall
(Arab Shipbuilding & Repair Yard Company)
Budget: $80 million

4. Holiday Inn Express Manama
(Ishraq Gulf Real Estate Holding)
Budget: $60m

5. Amwaj Islands – Amwaj Waves - Phase 1
(Lona Real Estate)
Budget: $50m

Kuwait

1. KMPW - Jaber Al Ahmed Al Sabah Hospital, South Surra Hospital
(Kuwait Ministry of Public Works)
Budget: $1.1bn

2. Jahra Road Upgrade
(Kuwait Ministry of Public Works)
Budget: $995m

3. Subiya Expressway - Phase 3
(Kuwait Ministry of Public Works)
Budget: $160m

4. The Avenue Shopping Mall - Phase 3
(Mabanee)
Budget: $70m

5. Al Othman Complex
(Kuwait Public Authority for Minors’ Affairs)
Budget: $70m

Oman

1. Muscat International Airport Expansion (Seeb) - Phase 1
(Oman Ministry of Transport & Communications)
Budget: $2.18bn

2. Batinah Coastal Road - Phase 1
(Oman Supreme Committee for Town Planning)
Budget: $326m

3. Majlis (Parliament)
(Oman Government)
Budget: $260m

4. Sohar Industrial Port - Deep Water Jetty
(Sohar Industrial Port Company)
Budget: $200m

5. Ras Al Hadd Airport - Phase 2
(Oman Ministry of Transport & Communications)
Budget: $105m