Download The Jordanian Construction Industry

The Construction
Industry In Jordan
Dr. Khalaf H. Haddadin
Chairman & President
Haddadin Engineering Company for
Contracting
www.Haddadinco.com
Overview
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Construction Industry
represents 15% of the
national GDP.
18% y-o-y growth in 2007.
More than 50 registered
and active real estate
development companies.
$50 billion development
projects (2005-2011).
New Royal Jordanian Headquarters
2
► Key
industry movers:
 Foreign direct investment.
 Government development
initiatives.
 Population growth.
 Regional political
environment.
 Jordanian stable national
security and political
environment.
King Hussein Bin Talal Convention Center
3
Grades and Classifications
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Buildings (BLDs) 1 through
6
Electro-Mechanical (EM) 1
through 6
Bridges & Underpasses
(BU) 1 through 6
Roads (RDs) 1 through 6
Water, Health, and
Sanitary (WHS) 1 through
6
Hyatt Hotel
4
Industry Indicators
Mecca Intersection
5
Registered Contractors
2000
1800
50%
1600
Number
1400
1200
1000
800
600
400
200
0
2006
2007
2008
Year
6
Registered Contractors 2008
1400
1200
Number
1000
800
600
400
200
0
BLDs
RDs
HWS
EM
Specialty
7
Grade 1 Registered Contractors 2008
100
90
80
Number
70
60
50
40
30
20
10
0
BLDs
RDs
HWS
EM
Specialty
8
Projects Awarded
3000
2500
Projects
2000
1500
1000
500
0
2006
2007
2008
Year
9
Value of Projects Awarded
3000
Value / Million
Dollar
2500
2000
1500
1000
500
0
2006
2007
2008
Year
10
Government Support
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Government training
programs to ensure sufficient
supply of skilled labor.
Government efficient and
transparent bidding process.
Government incentives for
tourism and energy related
projects.
Government fair evaluation
and reimbursement of
material cost compensation.
Government fair and flexible
labor laws.
Public Security Directorate
11
Why Jordan?
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Ample access to locally
manufactured construction
material at competitive
prices.
Ample supply of skilled
and technical staff.
A growing and promising
market with many
opportunities.
Ideal construction working
weather conditions.
Marriott Hotel
12
Partnership
How can we cooperate?
► Transfer of know-how and
management techniques.
► Joint ventures and BOT
projects.
► Public Private Partnerships
with the government.
► Finance and debt structure
experience.
Ministry of Public Works & Housing
13
Success Story
$1 Million School in 1986
$168 Million Commercial Project 2009
14
Success Story
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Haddadin Engineering Company
for Contracting
Established 1979
30 years of experience in the
field.
Grade 1 Buildings, Bridges and
Culverts, Electro-Mechanical,
Health, Safety, Sanitary,
Furnishing, Decoration, &
Maintenance.
Many flagship projects:
 Commercial Buildings
 Hospitals
 21 bridge and underpass.
King Hussein Bin Talal Convention Center
15
Haddadin Engineering Company for
Contracting
P.O Box 926127
Amman – Jordan 1110
Tel: +962 6 4655886
Fax: +962 6 4653480
Email: [email protected]
www.Haddadinco.com