14 Nov 2017 - 0:01
MEED: Qatari companies win top project awards
Qatar has been placed among leading countries in the GCC with robust projects sector and regional winners at MEED Projects Awards.
The region has one of the biggest construction pipelines in the world with $3.1 trillion worth of projects planned or under way, according to MEED Projects.
The high value of projects planned and underway is a clear indication of how the projects industry has become a key driver for the economic success of the GCC, laying the foundations for the long-term, sustainable development of the region that will support future generations.
MEED supports this development by recognising and celebrating the best achievements of the region’s projects industry through its annual MEED Projects Awards, in association with Mashreq.
The awards programme has a two-stage judging process that recognises the best projects at the national level and then selects an overall GCC winner for each category.
The awards programme’s most coveted prize, the MEED Quality Project of the Year, in association with Mashreq, has so far been given to just four countries.
Qatar is a two-time winner, with Qatar Petroleum and Qatar Shell’s Pearl GTL Project in 2012, and the Qatar Faculty of Islamic Studies Building Project in 2015.
“This is not just about having the tallest building or the largest infrastructure project, although these are impressive accomplishments, it is more about how the projects contribute to the economic and social success and sustainability of the community where they are based,’’said Becky Crayman, Programme Director, Awards and Managed Events, MEED.
“Other critical factors reviewed by the judges are innovations and achievements in design, engineering and construction. These are the benchmarks that invariably have an impact on the successful completion of any project,” Crayman added.
For the past seven years, the MEED Projects Awards has been recognising completed schemes in a broad range of categories, including Oil & Gas Project of the Year, Industrial Project of the Year, Power & Water Project of the Year, Leisure & Tourism Project of the Year, Transport Project of the Year, Social Infrastructure Project of the Year, Building Project of the Year, Sustainable Project of the Year, Award for Innovation, and Small Project of the Year.
New categories have also been added, opening the door for a broader range of projects to be recognised, reflecting the growing diversity of projects being completed throughout the region.
These include Airport Project of the Year, Retail Project of the Year, Mixed-Use Project of the Year, Residential Project of the Year, Rail Project of the Year; Road & Bridge Project of the Year and Mega Project of the Year.
Since launching the projects awards programme in 2011, MEED has recognised 92 of the highest quality projects across the GCC that were completed between 2009 and 2017, with Qatar receiving 16 regional awards during the period.
The GCC has one of the largest construction pipelines in the world on many levels – size complexity and cost. Seven projects have won the MEED Quality Project of the Year award, out of the thousands of projects completed between 2010 and 2017.