Qatar expected to award $31bn worth of projects this year: Kamco ...Qatar

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Qatar, which powered the projects market in the Gulf region through its mammoth $13bn gas expansion contracts in the first quarter (Q1), is expected to award as much as $31bn worth of projects this year, according to Kamco. Finding that the GCC or Gulf Co-operation Council region saw the normal seasonal spike during Q1-2021 with project awards more than doubling to $26.3bn against that in fourth quarter of 2020; it said "the growth came mainly on the back of a quarter-on-quarter increase in project awards in Qatar and Kuwait, while the rest of the GCC countries reported declines." After witnessing declines over the last several quarters, the GCC project market showed "healthy" recovery du

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