Bahrain Tender Board awards 769 tenders valued at $1.7bn in H1 2020
Construction and engineering topped the list of awarded contracts, followed by oil & gas, materials & equipment, and services sectors
In the first half of 2020 Bahrain awarded 769 tenders valued at $1.7bn (BHD640.4m), data released by the Bahrain Tender Board revealed.
Taking the lion’s share of the awarded contracts in H1 2020 is the construction and engineering sector, with contracts worth $588.3m (BHD221.6m), giving a glimpse of the country’s support toward an extensive pipeline of infrastructure projects.
Following suit is the oil and gas sector with $416.3m worth of contracts; materials and equipment sector with $292.6m, and services sector with $202.4m worth of contracts.
The remaining tenders valued at $172.2m were awarded in the aviation sector.
Speaking about the allotment to small and medium enterprises, chairman of Tender Board, Shaikh Nayef bin Khalid Al Khalifa, said that a total of 47 public tenders worth a combined $21.8m were awarded to SMEs as per “the Cabinet decision to assign some public spending to the SME sector”.
In terms of tenders value, Tatweer Petroleum topped the list for the awarded tenders, with tenders worth a total of $396.5m, followed by the Electricity and Water Authority with $305.3m, and the Ministry of Housing with $238.6m.
Meanwhile, the Ministry of Works, Municipalities Affairs and Urban Planning awarded tenders worth $165.2m, while Gulf Air awarded tenders valued at $156.4m. Additionally, the total value of awarded tenders for other public entities stood at around $410m.
The board also awarded several tenders to implement construction and maintenance works at residential units under the Ministry of Housing, which had a value of $238m. While, $297m worth of awarded bids were in the fields of sewage works, infrastructure and electricity, and water services.