{"id":27097,"date":"2016-09-24T23:33:14","date_gmt":"2016-09-24T16:33:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=27097"},"modified":"2016-09-24T21:55:30","modified_gmt":"2016-09-24T14:55:30","slug":"egypt-kuwait-and-uae-markets-full-of-public-private-partnership-potential","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/egypt-kuwait-and-uae-markets-full-of-public-private-partnership-potential\/","title":{"rendered":"Egypt, Kuwait and UAE markets full of public-private partnership potential"},"content":{"rendered":"


\nThe UAE, Egypt and Kuwait have been identified as three of the main markets that are likely to offer more opportunities to major international contractors and financiers thanks to their adoption of the public-private partnership (PPP) model, according to analyst BMI Research.The consultancy said that increased use of PPPs to fund infrastructure projects in the region will allow major companies with experience of delivering long term, privately-financed projects – such as the European construction multinationals Vinci and Ferrovial – greater chances to participate in the regional market. The UAE is expected to generate more opportunities after Dubai passed its PPP law last November. Thus far, an automated car park project at Dubai Courts has been awarded, while the Roads and Transport Authority is evaluating bids from developers for the Union Oasis project, which will involve 15,000 square metres of space being built in towers above one of the city’s busiest metro stations.But Egypt is currently leading the way in the Mena region.The country was highlighted by BMI because the government’s financial constraints (it is facing a 10 per cent annual budget deficit for each of the next five years, according to BMI) have led it to embrace a “proven” PPP model. It currently has 39 projects in the pipeline with a combined value of US$38.7 billion.”That so many PPP projects are in either the planning stage or are in tender reflects the fact that the Egyptian government has significantly ramped up its use of the PPP model in the past year as it prioritises infrastructure development,” said David Lee, an infrastructure analyst at BMI Research. Andrew Greaves, head of law firm Addleshaw Goddard in the GCC, said that he could see why Egypt has been identified as a market with potential.”There is a massive population crying out for infrastructure and public services. A huge spend is required to underpin that, and the government is going to be challenged in meeting the demand. So why not let the market bring the money, bring the expertise and invest in the region?”Kuwait, meanwhile, has the second-best developed project pipeline. A government agency – the Partnerships Technical Bureau – is in place to oversee the process, and the number of PPP projects has increased from just one in 2013 to 17 today as a result.Saudi Arabia has been identified as the market that perhaps provides to greatest long-term potential, but the development of a viable model is said to be at an “embryonic” stage.”We expect it to take longer for PPPs to gain traction in Saudi Arabia because of the country’s unique business environment, which has traditionally relied upon a select group of large, entrenched, Saudi-based companies like the Bin Ladin Group and Saudi Oger to deliver infrastructure projects,” Mr Lee said. mfahy@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Egypt, Kuwait and UAE markets full of public-private partnership potential<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The UAE, Egypt and Kuwait have been identified as three of the main markets that...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-27097","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-733","jetpack-related-posts":[{"id":2466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-public-private-partnerships-in-uae\/","url_meta":{"origin":27097,"position":0},"title":"Rise in public-private partnerships in UAE","date":"January 24, 2016","format":false,"excerpt":"\r \r The tightening of government budgets as revenue declines and the continued need for infrastructure development means public-private partnership (PPP) schemes are finally coming into fruition across the region, according to experts. Already, PPP is being used for a project by Dubai\u2019s Roads and Transport Authority to redevelop Union\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6692,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/carillion-to-partner-with-omans-sovereign-wealth-fund-to-build-hospitals\/","url_meta":{"origin":27097,"position":1},"title":"Carillion to partner with Oman's sovereign wealth fund to build hospitals","date":"March 3, 2016","format":false,"excerpt":"\r \r Contractor Carillion has signed an agreement with Oman's sovereign wealth fund that could see the pair developing a number of hospital projects together across the Sultanate.In a note accompanying its full-year accounts for 2015, Carillion said there was \"growing interest in private finance\" across the Arabian Gulf.\"We have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159803,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-boom-uae-education-reform-saudi-property-rules-kuwait-megaprojects-10-things-you-missed-this-week\/","url_meta":{"origin":27097,"position":2},"title":"Dubai real estate boom, UAE education reform; Saudi property rules; Kuwait megaprojects \u2013 10 things you missed this week","date":"August 23, 2025","format":false,"excerpt":"\r Dubai real estate hits $17.3bn, UAE unveils AI school reforms, Saudi opens property to foreigners, Kuwait plans $32bn projects, and more GCC news\r \r Source : arabianbusiness.com\r Read more...Dubai real estate boom, UAE education reform; Saudi property rules; Kuwait megaprojects \u2013 10 things you missed this week","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/08\/10-things-230825-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":153071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/primark-to-enter-middle-east-market-with-first-stores-in-uae-kuwait\/","url_meta":{"origin":27097,"position":3},"title":"Primark to enter Middle East market with first stores in UAE, Kuwait","date":"May 9, 2025","format":false,"excerpt":"\r UK-based fashion retailer Primark will open its first GCC stores in partnership with Alshaya Group, marking its 18th and 19th global markets\r \r Source : arabianbusiness.com\r Read more...Primark to enter Middle East market with first stores in UAE, Kuwait","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Primark-The-Avenues-Mall-in-Kuwait-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":142497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/100-people-you-need-to-know-in-dubai-kuwait-launches-new-visa-announces-public-holiday-uae-salary-guide-10-things-you-missed-this-week\/","url_meta":{"origin":27097,"position":4},"title":"100 people you need to know in Dubai; Kuwait launches new visa, announces public holiday; UAE salary guide \u2013 10 things you missed this week","date":"February 10, 2024","format":false,"excerpt":"\r 100 people you need to know in Dubai, Kuwait holidays and visas. UAE salary guide and more of the top news stories this week\r \r Source : arabianbusiness.com\r Read more...100 people you need to know in Dubai; Kuwait launches new visa, announces public holiday; UAE salary guide \u2013 10\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/02\/10-things-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":141451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-visa-free-travel-saudi-recruitment-changes-kuwait-and-oman-3-day-weekend-dubai-housing-plan-and-name-changes-10-things-you-missed-this-week\/","url_meta":{"origin":27097,"position":5},"title":"UAE visa-free travel; Saudi recruitment changes; Kuwait and Oman 3-day weekend; Dubai housing plan and name changes \u2013 10 things you missed this week","date":"January 19, 2024","format":false,"excerpt":"\r UAE visa-free travel, Saudi recruitment changes, Oman and Kuwait holidays, Dubai housing plan and more top news stories this week\r \r Source : arabianbusiness.com\r Read more...UAE visa-free travel; Saudi recruitment changes; Kuwait and Oman 3-day weekend; Dubai housing plan and name changes \u2013 10 things you missed this week","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/01\/10-things-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27097"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=27097"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27097\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}