Palestinians uncertain as FIFA, UEFA step in to save soccer pitch from Israeli demolition    House panel votes to hold Clintons in contempt in Epstein probe    Trump backs off tariffs threat, says Greenland deal framework reached    Saudi Arabia signs agreement with World Economic Forum to accelerate industrial transformation    Over 78 million faithful visit Two Holy Mosques in a month    Saudi FM meets British, French counterparts in Davos    Northern Saudi cities record coldest temperatures of winter as mercury drops to –3°C    Arab coalition condemns deadly attack on Giants Brigades commander in Yemen    Sha'ban crescent sighted Tuesday    Saudi POS transactions reach 236 million, SR4bn in one week    Al-Khateeb highlights Saudi-UN partnership to shape quality of life in future cities    122 million tourists spend SR300 billion in Saudi Arabia in 2025    Italian fashion legend Valentino dies at 93    Saudi orchestra brings 'Marvels of Saudi Orchestra' to AlUla with 107 musicians    Katy Perry makes Saudi debut at Joy Awards, praises Saudi design and hospitality    Hail wins Guinness World Record with largest off-road production cars convoy    SFDA approves registration of 'Anktiva' for treatment of bladder and lung cancer    Saudi Darts Masters 2026 to offer record $200,000 prize for nine-dart finish    Al Taawoun condemn "repeated refereeing injustice" after late penalty defeat    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Bahrain awarded $4.1 billion worth of contracts in 2020
Published in The Saudi Gazette on 25 - 03 - 2021

Bahrain awarded 1,688 tenders throughout 2020 worth a total of $4.1 billion (BHD 1.6 billion) compared to a total of $4.8 billion (BHD 1.8 billion) in 2019, according to new data released by Bahrain's Tender Board — the country's government procurement regulator.
In terms of value of contracts, the oil sector took on 228 tenders worth $1.6 billion (BHD 598.1 million) followed by the construction and engineering industry, winning 317 tenders worth a combined $875.7 million (BHD 330.1 million) — clearly underscoring the Government's continued commitment to its extensive pipeline of major infrastructure projects, currently valued at some $32 billion.
The construction and engineering sector was followed by the aviation sector, the materials and equipment sector, and finally the services sector, which saw a total of $638.2 million (BHD 240.6 million), $606.1 million (BHD 228.5 million) and $424.8 million (BHD 160.1 million) worth of tenders awarded respectively. While bringing up the rear in terms of value of contracts, the services sector was awarded the highest number of contracts, at 599.
The Ministry of Health (MoH) saw a sizable increase over last year — in terms of both number of tenders issued and value of tenders. In 2019 the MoH awarded 93 tenders, valued at some $123.8 million (BHD 46.7 million). In 2020 the MoH awarded 137 tenders valued at $298.1 million (BHD 112.4 million) — a near threefold increase in value.
This surge in spending is attributed to the Bahrain's robust and rapid COVID-19 response in many fronts, including a track and trace app, extensive testing, vaccinations, hospital robots, car park conversions to hospitals and more.
The positive figures follow closely on from the release of equally encouraging data highlights a record number of tenders awarded to the SME sector during 2020 worth a total of $145.4 million (BHD 54.96 million), indicative of government support for a sector that it regards as the engine for post-COVID economic recovery.
Commenting on the new figures, Tender Board Chairman Sheikh Nayef Bin Khalid Al Khalifa said: "2020 has proven one of the most challenging and unpredictable years globally for businesses in all sectors across the board. Despite these less than friendly conditions, throughout the year, Bahrain has awarded an impressive 1,688 contracts valued at well over $4 billion.
"This dynamic performance is indicative of Bahrain's commitment and ability to remain open for business even in times of crisis. The Kingdom's extensive, multi-billion dollar pipeline of infrastructure projects is a case in point, and has driven the consistently high value of contracts in the our thriving construction and engineering sector throughout the year."
As for the purchasing authorities, Tatweer Petroleum topped the list for highest total value of tenders issued, worth a combined $1.5 billion (BHD 555.5 million). Gulf Air followed close behind, awarding some $635 million (BHD 239.4 million) of tenders, followed by the Electricity & Water Authority; the Ministry of Works, Municipalities Affairs & Urban Planning; and the Ministry of Health, which awarded a combined $509.2 million (BHD 192 million), $329.4 million (BHD 124.2 million) and $298.1 million (BHD 112.4 million) of contracts respectively. — SG


Clic here to read the story from its source.