Bahrain’s construction output contracted by an estimated 0.2% in real terms in 2020, as the industry faced disruptions due to the COVID-19 pandemic and movement restrictions to prevent its spread, a report from GlobalData has found. The drop in oil prices has further compounded the problems facing Bahrain’s construction industry, as the Kingdom is heavily dependent on oil revenue, the report adds. However, it points out that investments in infrastructure, oil and gas, and renewables is expected to drive a recovery for the industry in 2021, with an expected real growth rate of 2.1%. Furthermore, the report reveals that the Kingdom’s construction industry is expected to grow at an average rate
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