Saudi Arabia plans to issue tenders to consolidate consultancy services for government infrastructure projects in the coming months in a bid to improve efficiency and bring fresh momentum to stalled developments, government sources said. Currently some entities and ministries like housing, health, power and municipalities use multiple consultants per project. Recognized regional and foreign consultants with expertise in applying international project management standards are expected to win the contracts. Consultancy Faithful+Gould has said the roll out of project management offices across government sectors would speed up delivery of priority projects and was a positive development for the industry following two years of contraction and uncertainty. In a January 2018 report, Faithful+Gould forecast Saudi Arabia to award infrastructure contracts in 2018 worth $35 billion across government sectors.

Source: Egypt Independent April 01, 2018 10:41 UTC