Bahrain issued 1,688 tenders totaling US $ 4.1 billion (BHD 1.6 billion) in 2020, compared to US $ 4.8 billion (BHD 1.8 billion) in 2019, new data shows. published by the country’s Tender Board in Bahrain – the state regulator for government procurement.
In terms of contract value, the oil sector accepted 228 tenders valued at $ 1.6 billion (BHD 598.1 million), followed by the construction and engineering industries, and won 317 tenders valued at $ 875.7 million (330.1 million BHD) – clear evidence of the government’s continued commitment to the extensive pipeline of large infrastructure projects, currently valued at approximately $ 32 billion.
The construction and engineering sectors were followed by the aerospace sector, the materials and equipment sector and finally the service sector with a total of USD 638.2 million (BHD 240.6 million), USD 606.1 million (BHD 228.5 million) and $ 424.8 million in tenders valued at BHD 160.1 million. While the service sector bottomed out in terms of the value of contracts, it received the highest number of contracts at 599.
The Ministry of Health (MoH) recorded a significant increase compared to the previous year – both in terms of the number of offers submitted and the value of the offers. In 2019, the ministry issued 93 tenders valued at around USD 123.8 million (BHD 46.7 million). In 2020, the ministry issued 137 tenders valued at $ 298.1 million (BHD 112.4 million) – nearly three times the increase in value. This spike in spending is due to the Kingdom’s robust and rapid response to COVID-19 in many areas including a track and trace app, extensive testing, vaccinations, hospital robots, hospital parking lot conversions and more.
The positive numbers tie in with the release of equally encouraging data and show a record number of calls for tenders for the SME sector in 2020 totaling US $ 145.4 million (BHD 54.96 million), indicating government support One of the sectors he looked at is the engine for the economic recovery after COVID.
Tender Committee Chairman Shaikh Nayef bin Khalid Al Khalifa commented on the new numbers: “2020 has proven to be one of the most challenging and unpredictable years worldwide for companies in all industries in all areas. Despite these less-than-friendly terms, Bahrain placed an impressive 1,688 contracts worth well over $ 4 billion over the course of the year. This dynamic performance demonstrates Bahrain’s commitment and ability to remain open to 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 our thriving construction and engineering sector throughout the year. “
Among the purchasing authorities, Tatweer Petroleum topped the list with the highest total value of the submitted offers with a total value of USD 1.5 billion (BHD 555.5 million). Gulf Air followed closely with $ 635 million (BHD 239.4 million) in tenders, followed by the Electricity & Water Authority. the Ministry of Labor, Local Affairs and Urban Planning; and the Department of Health, which has contracts totaling $ 509.2 million (BHD 192 million), $ 329.4 million (BHD 124.2 million) and $ 298.1 million (BHD 112.4 million), respectively . BHD) awarded.