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The Construction Industry In Jordan

The Construction Industry In Jordan. Dr. Khalaf H. Haddadin Chairman & President Haddadin Engineering Company for Contracting. www.Haddadinco.com. Overview. Construction Industry represents 15% of the national GDP. 18% y-o-y growth in 2007.

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The Construction Industry In Jordan

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  1. The Construction Industry In Jordan Dr. Khalaf H. Haddadin Chairman & President Haddadin Engineering Company for Contracting www.Haddadinco.com

  2. Overview • 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

  3. 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

  4. Grades and Classifications • 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

  5. Industry Indicators Mecca Intersection

  6. 50%

  7. Government Support • 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

  8. Why Jordan? • 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

  9. 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

  10. Success Story $1 Million School in 1986 $168 Million Commercial Project 2009

  11. Success Story • 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

  12. Haddadin Engineering Company for Contracting P.O Box 926127 Amman – Jordan 1110 Tel: +962 6 4655886 Fax: +962 6 4653480 Email: Hadco@nol.com.jo www.Haddadinco.com

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