Nuclear Construction in the Middle East & North Africa Set to be Worth Over $30 Billion in the Next 10 Years

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Most recent Nuclear Energy Insider findings have show that over the next 10 years the Middle East & North Africa will prove to be a booming market for global contractors involved in Nuclear Construction – as its set to be worth in excess of US$30bn.

The Ux Consulting group’s report “Nuclear Energy Prospects in Three Middle East Countries” highlighted the MENA region as being one of the most rapidly emerging markets for nuclear construction, and with the regions limited experience in the nuclear industry billions of US dollars are available to tender for.

Based on the ambitious deadlines set and wealth located in the Middle East and North Africa, few regions come close to the rapid pace that MENA will be constructing their first fleets of nuclear power plants.

This huge opportunity for global contractors is however complex and unpredictable. With the exception of Paolo Verde in Arizona, USA, there is little global experience of nuclear construction in desert conditions. As such, any given project can be disrupted by a series of factors including site-specific conditions, acidity in the sand, cooling requirements and varying market rates.

As a result we are seeing new, construction friendly regulations being introduced and a more proactive approach to nuclear construction. These benefits have meant that innovative approaches, new technologies and open competition between construction agencies is growing making the MENA region the next key area for large, small, regional and global contractors alike.

This trend is expected to accelerate in the future as more MENA countries scale up to produce nuclear power. The MENA market is forecast to be worth about US$30 billion over the next 10 years. The question utilities must ask themselves is do we have a strategy in place that can deal with this rate of construction?

If not, they could find that they fall foul of the strict time frames that have been introduced in conjunction with a competitive contractor/supplier market.

  •     Site Selection
  •     Infrastructure Requirements
  •     Transportation Links
  •     Selecting Appropriate EPC Contractors    •    Effective Use of the Indigenous Workforce
  •     Access to Engineering Expertise
  •     Ensuring Accident & Indecent Free Projects
  •     Delivering Workforce Training

Nuclear construction in this region is costly, technically challenging and potentially hazardous to the environment. If the deadlines are to be met then careful planning is required and construction strategies must be put in place. In order to do that some of the following challenges must be faced:

The MENA Nuclear Construction Conference deals with these issues and more. This exclusive meeting can supply your business with the critical intelligence and tools you need to build a cost effective, time efficient nuclear construction projects. With the Jordan Atomic Energy Commission, Arab Atomic Energy Agency, Entergy, Westinghouse, Egyptian Atomic Energy Authority, Huron Consulting and many others set to share their nuclear construction experience. Find out more at http://www.nuclearenergyinsider.com/mena

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Tommy Angell
Nuclear Energy Insider
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