الرئيس التنفيذي
أشرف الحادي

رئيس التحرير
فاطمة مهران

Efficio’s Strategic Role in GCC’s $2 Trillion Giga Projects and Infrastructure Development

Governments and private sector companies in the Middle East are set for a fierce battle over the construction industry supply market for the next decade.

Efficio – a global leader in capital planning, procurement, delivery, and supply chain management with a dedicated Capital Projects & Infrastructure practice – is advising and setting policy for a range of regional organisations to improve bankability for their capital portfolios while ensuring efficient delivery with the best value and quality from suppliers.

The consultancy is currently involved in GCC construction projects worth USD 390 billion, a figure set to increase towards the end of the year as existing projects gather pace and new ones are launched.

According to David Mooney, Vice President and MENA lead at Efficio, who oversees the high-quality delivery of Efficio’s services and strategic growth in the Middle East, the construction industry has made a very strong start in 2024 and, as we enter the second half of the year, the demand for services and supplies is increasing at a very significant rate.

This is driven by ongoing projects and the launch of major new developments covering both residential and commercial premises, in addition to the infrastructure development required to cater to this growth,” he said.

This strong market demand means Efficio’s current portfolio includes strategic delivery advisory for multiple giga projects in KSA, valued at over SAR 2 trillion, with direct involvement in the delivery of over SAR 400 billion of spend. Efficio is consulting on billions of Riyals’ worth of capital investments in other sectors across the kingdom, including mining, transport and mixed-use real estate development.

The Efficio team also covers, among other work, TAQA’s business portfolio in the UAE, which includes the development of major power and water sector utilities worth tens of billions of dirhams over the next 10-year period.

In the UAE, Efficio has been TAQA T&D’s partners in planning and delivering its multi-billion-dirham capital portfolio for power and water since Q3 2020. We are working with TAQA to establish the governance and structure required for effective capital planning and procurement while supporting its delivery, and helping to build the required capabilities and capacity,” said David.

This has included establishing frameworks for critical equipment, developing sourcing and delivery strategies for major programmes, and improving capital portfolio governance and management to optimise annual cashflow.”

This regional demand for specialist expertise across the supply chain ecosystem isn’t going to abate any time soon. The UAE market is continuing to progress at a steady rate, centred around the core growth strategy of energy transition with a focus on improving infrastructure and building for the future; Saudi Arabia has embarked on its ambitious 2030 journey, which has created an unprecedented strain on regional and global construction supply markets.

David said: This has left organisations competing for the best suppliers on the market while working in parallel to prepare their organisations for effective capital planning, procurement and delivery. We work with them to set strategies and policies that ensure supply chain security and at the best economic value possible, in addition to building the right capabilities and capacities to sustain value through delivery.

This is complemented by our localisation and local content practice where we are working with GCC governments to ensure localised supply chains become a measure to address the existing market constraints and maximise contribution to local economies.

For example, Efficio is advising and/or working on over SAR 2 trillion worth of capital works in KSA, and with strategic organizations such as STC on the development of the country’s telecommunications sector.

Efficio’s holistic approach means that projects follow a timeline as strictly as possible and within budget parameters.

“Our work in the GCC is vital to the overall progress in the region and the organisations we work with are very progressive in how they set a clear strategy to achieve what needs to be delivered,” said David.

Related Posts:

Omidar Strengthens Market Presence with Strategic Partnerships at “The Capital Way Mall” on Suez Road

Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect from a Premium Tablet

Meet Samsung Galaxy S25 FE: The Gateway to the Galaxy AI and Flagship Essentials

DoubleTree by Hilton Resort & Spa Marjan Island Appoints Meltem Erbay as the Director of Operations

Mastercard partners with Qlub to transform digital payments in the GCC hospitality sector

Don’t let the cookies bite: Kaspersky warns of the looming threat of web session hijacking

GB Auto Launches Exclusive Promotional Campaign on the All-New Hyundai “Santa Fe” in the Egyptian Market

Celebrate The Third Beat of ALAYA With a One-Night-Only Anniversary Extravaganza

آخر الأخبار
فريق الأكاديمية العربية للعلوم والتكنولوجيا يفوز بالمسابقة الدولية للبرمجة باذرييجان زلزال بقوة 6.2 يضرب أفغانستان وزير الخارجية يشدد على رفض مصر القاطع لمخططات تهجير الفلسطينيين من أراضيهم الأوقاف تفتتح 14 مسجدًا غدًا الجمعة ضمن خطتها لإعمار بيوت الله عز وجل وزيرا الاتصالات والعدل يشهدان احتفالية المعهد القومي للاتصالات NTI الرقابة المالية تنظم الدورة السابعة لبرنامج “المدرب المالي المعتمد CFAT” لأعضاء نموذج محاكاة برلمان ... Omidar Strengthens Market Presence with Strategic Partnerships at “The Capital Way Mall” on Suez Roa... «أوميدار» تعقد شراكات استراتيجية مع كبرى العلامات التجارية في «كابيتال واي مول» على طريق السويس "البروج للإنشاء والتعمير" تطلق مشروعًا تجاريًا جديدًا بمدينة العبور . وزيرا الزراعة والشؤون النيابية يبدآن فعاليات زيارة إيطاليا بمنشآت زراعية بمدينة باري وزير الخارجية يشارك في الجلسة الافتتاحية للدورة 164 لمجلس جامعة الدول العربية الذهب يتراجع بعد قمة تاريخية وسط جني أرباح واستقرار الدولار "البروج للإنشاء والتعمير" توقع اتفاقية تطوير مشروع تجاري جديد بمدينة الشروق بالشراكة مع شركة الجامسي... وزير البترول يبحث التعاون مع شركات التعدين والغاز في غرب أستراليا المقاولون العرب تبحث فرص التعاون مع كينيا في مجالات السدود والمياه والطرق الوطنية للانتخابات تعلن أسماء الفائزين الـ 5 فى جولة إعادة الشيوخ الطقس غدًا معتدل صباحًا حار نهارًا والعظمي في القاهرة 36 درجة السيدة انتصار السيسي تهنئ الشعب المصرى والأمة الإسلامية بالمولد النبوى الشريف BingX تتصدر TOKEN2049 سنغافورة 2025 كراعي رئيسي بمشاركة أسطورة نادي تشيلسي جون تيري كضيف خاص تعرّف على سلسلة ‘Galaxy Tab S11’ من سامسونج..كل ما تحتاجه في جهاز لوحي متميز