Bahrain Transportation Infrastructure Construction Market Size (2024 - 2029)

The Bahrain Transportation Infrastructure Construction Market is poised for growth, driven by substantial government investments aligned with the nation's 2030 goals. The market's expansion is supported by the development of urban and international transportation infrastructure, including over 22 strategic projects under the Economic Recovery Plan. These initiatives, primarily funded through public-private partnerships, are integral to Bahrain's Vision 2030 economic development strategy. Key projects such as the Bahrain Metro Project and the Bahrain International Airport Modernization Program highlight the focus on enhancing transportation connectivity. Additionally, the upcoming King Hamad Causeway and the new light rail network further underscore the commitment to expanding Bahrain's transportation infrastructure.

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Market Size of Bahrain Transportation Infrastructure Construction Industry

Bahrain Transportation Infrastructure Construction Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 8.03 Billion
Market Size (2029) USD 9.54 Billion
CAGR (2024 - 2029) 3.50 %
Market Concentration Low

Major Players

Bahrain Transportation Infrastructure Construction Market Major Players

*Disclaimer: Major Players sorted in no particular order

Bahrain Transportation Infrastructure Construction Market Analysis

The Bahrain Transportation Infrastructure Construction Market size is estimated at USD 8.03 billion in 2024, and is expected to reach USD 9.54 billion by 2029, growing at a CAGR of 3.5% during the forecast period (2024-2029).

  • The market is driven by the huge investments pouring in through government initiatives in line with 2030 goals. Furthermore, the market is driven by urban and international transportation infrastructure development.
  • Bahrain announced over 22 strategic infrastructure projects worth more than USD 30 billion as part of its 2021 Economic Recovery Plan, including constructing five artificial islands. These initiatives will be funded mainly through public-private partnerships. This emphasis on construction is consistent with the Kingdom's economic development strategy Vision 2030.
  • 11 foreign and domestic businesses have been prequalified by Bahrain's Ministry of Transportation and Telecommunications for Phase One of the USD 2 billion Bahrain Metro Project as of May 2022.
  • The USD 1.1 billion Bahrain International Airport Modernization Program is one of the most significant projects in this pipeline. The main contract was awarded to a consortium led by Arabtech Construction and TAV Construction from the United Arab Emirates.
  • The King Hamad Causeway is also in the works, with construction set to begin in 2024. This new rail and road causeway project connecting Saudi Arabia and Bahrain overland will parallel the existing 25 the King Fahd Causeway. It will provide new lanes to support additional passenger and cargo traffic and a rail line connecting Bahrain to the central GCC railway and the existing Saudi rail network. In the first quarter of 2023, the Kingdom of Bahrain was to issue a tender to construct its new light rail network. The Metro in Bahrain, as the endeavor is called, will be implemented in four phases and reach 109 kilometers upon completion.
  • The King Hamad American Mission Hospital, currently under construction for USD 66 million, is scheduled to open in late 2022. Bahrain's tourism and real estate development strategy also includes medical-tourism projects, such as the USD 300 million King Abdullah Medical City Hospital that is scheduled to open in 2022, as well as the beginning of mixed-use real estate projects at Bahrain Bay, Bahrain Marina, Diyar Al Muharraq, Water Garden City, Dilmunia, and Thai Mar.

Bahrain Transportation Infrastructure Construction Industry Segmentation

Transportation infrastructure is referred to as the framework that facilitates the transportation system. Roads, railways, ports, and airports are all part of it. Daily, transportation infrastructure connects people to jobs, healthcare facilities, educational institutions, etc. It makes it easier to provide and receive goods and services worldwide.
A complete background analysis of the Bahrain transportation infrastructure construction market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact, is covered in the report.

The Bahrain transportation infrastructure construction market is segmented by mode (roads, railways, airports, and waterways). 

The report offers the market size and forecast in value (USD) for all the above segments.

Mode
Roads
Railways
Airports
Waterways
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Bahrain Transportation Infrastructure Construction Market Size Summary

The Bahrain transportation infrastructure construction market is poised for growth, driven by substantial government investments aligned with the Kingdom's Vision 2030 goals. The market is characterized by a series of strategic infrastructure projects, including the development of artificial islands and significant upgrades to transportation hubs like the Bahrain International Airport. Public-private partnerships are central to these initiatives, reflecting a broader economic strategy to enhance urban and international transportation networks. Key projects such as the Bahrain Metro and the King Hamad Causeway are set to expand the Kingdom's connectivity, supporting increased passenger and cargo traffic. The focus on modernizing and expanding transportation infrastructure is part of Bahrain's broader economic diversification efforts, aiming to reduce reliance on oil and foster sustainable growth.

Bahrain's commitment to advancing its transportation infrastructure is complemented by its strategic embrace of technology and innovation. The Kingdom's move towards a Cloud Policy First strategy underscores its intent to position itself as a leader in the digital economy within the Gulf Cooperation Council (GCC). This shift is part of a larger trend among GCC nations to diversify their economies by investing in technology, services, and renewable energy sectors. The transportation infrastructure market in Bahrain is relatively fragmented, with numerous local players adapting to the increasing demand for sustainability and technological advancements. As Bahrain continues to develop its infrastructure, it aims to carve out a niche in the tech-oriented global economy, leveraging its financial services sector and innovative technologies like blockchain to enhance trade finance transparency and attract foreign direct investment.

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Bahrain Transportation Infrastructure Construction Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Dynamics

      1. 1.2.1 Market Drivers

        1. 1.2.1.1 Government initiatives and huge investments driving the market

        2. 1.2.1.2 Vision 2030 and allied projects driving the market

      2. 1.2.2 Market Restraints

        1. 1.2.2.1 High construction costs affecting the market

        2. 1.2.2.2 Limited land availability affecting the growth of the market

      3. 1.2.3 Market Opportunities

        1. 1.2.3.1 Development of new construction technology

        2. 1.2.3.2 Development of new transportation hubs

    3. 1.3 Value Chain/Supply Chain Analysis

    4. 1.4 Industry Policies and Regulations

    5. 1.5 Technological Developments in the Sector

    6. 1.6 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.6.1 Bargaining Power of Suppliers

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Threat of New Entrants

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Mode

      1. 2.1.1 Roads

      2. 2.1.2 Railways

      3. 2.1.3 Airports

      4. 2.1.4 Waterways

Bahrain Transportation Infrastructure Construction Market Size FAQs

The Bahrain Transportation Infrastructure Construction Market size is expected to reach USD 8.03 billion in 2024 and grow at a CAGR of 3.5% to reach USD 9.54 billion by 2029.

In 2024, the Bahrain Transportation Infrastructure Construction Market size is expected to reach USD 8.03 billion.

Bahrain Transportation Infrastructure Construction Market Report Snapshots

Bahrain Transportation Infrastructure Construction Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)