Infrastructure & PPPs in Oman, Qatar and Kuwait - Q3 2025

YOG INFRA
6 days ago
14 min read

OMAN, QATAR and KUWAIT are advancing key initiatives in clean energy, sustainable finance, and PPPs to achieve their national visions. OMAN is accelerating its energy transition and industrial diversification through renewable, manufacturing, and waste-to-energy projects to attract investment and boost local value creation. QATAR is expanding sustainable finance, renewable energy, and eco-tourism to drive diversification and climate resilience. KUWAIT is promoting private sector participation in major infrastructure and utility projects, focusing on real estate, power, and desalination to strengthen energy and water security while reducing fiscal pressures.

Read the key developments in Infrastructure and PPPs in three GCC countries in our latest insight of the Q3 2025 series.

OMAN

OMAN, TEMPLEWATER LAUNCH ENERGY TRANSITION FUND

Templewater and Future Fund Oman (FFO) have launched the Energy Transition Fund with initial capital of USD 200 Mn in July 2025. The fund is anchored by USD 100 Mn from FFO and USD 100 Mn from Templewater. The fund is the first of its kind in Oman, aimed at accelerating investment in energy transition and advanced manufacturing, supporting the country’s long-term economic diversification under Oman Vision 2040. It targets scalable projects across clean molecules, energy storage, e-fuels, smart mobility, renewables, and green data centers.

Templewater will manage the funds and establish a local presence in Muscat. The partnership has capacity to support larger deal sizes and attract foreign direct investment, expertise, and technology into key sectors of the Omani economy.

The fund is structured to deliver sustainable financial returns while contributing to climate goals. It will co-develop commercially viable projects aligned with Oman’s ambition to become a regional and global hub for clean energy solutions and advanced manufacturing. Oman offers a stable investment climate, a pro-business regulatory framework, and a strategic location, positioning it as a strong destination for long-term partnerships and capital deployment.

SINGAPOREAN AND FRENCH FIRMS COMPETE FOR OMAN WIND IPPs

Oman has received two bids for the country’s first onshore wind independent power projects (IPPs) in a decade, with a total capacity of up to 237 MW. The bidders are Singapore’s Sembcorp and a consortium comprising France’s EDF Power Solutions and local firm Al-Khadra.

The first project, Jalan Bani Bu Ali Wind IPP in South Sharqiyah, will have a capacity of 91–105 MW and is expected to be operational in Q1 2027. The second, Dhofar Wind 2 IPP, adjacent to the existing Dhofar Wind 1 project in Dhofar, will have a capacity of 114–132 MW and is scheduled for Q2 2027.

Sembcorp and EDF Power Solutions are already active in Oman’s renewable sector, having won contracts for the Manah 1 and Manah 2 solar IPPs in 2023. Oman’s last onshore wind IPP was the 50 MW Dhofar 1 project, awarded in 2014 and operational since 2019.

Nama Power & Water Procurement Company (Nama PWP) prequalified 12 companies last year to bid for five wind IPPs in Oman. Apart from Jalan Bani Bu Ali and Dhofar 2, three more projects will be tendered later. Together, the five wind IPPs will have a combined capacity of about 1,006 MW and are expected to be implemented by 2027.

Jalan Bani Bu Ali, along with two other planned wind farms in Duqm and Al-Wusta, will supply Oman’s main grid, while Dhofar 2 and another project in Sadah will serve the Dhofar grid. These projects support Oman’s target of renewables providing 30% of its electricity mix by 2030 and 39% by 2040, up from 6% in 2023, and contribute to its net-zero 2050 goal. Nama PWP’s transaction advisory team for the wind IPPs includes KPMG Lower Gulf, Dentons, and Worley.

OMAN SEEKS RFQS FOR INAUGURAL EFW PPP

Oman has launched a tender for its first energy-from-waste (EfW) Public-Private Partnership (PPP), resuming plans that were suspended in 2020. Nama Power & Water Procurement Company (Nama PWP) has invited investors and developers to submit requests for qualifications (RfQ).

The project, located in Barka municipality, will process 3,000 tonnes of waste per day and generate 95–100 MW of electricity. It is expected to reach commercial operations in early 2031. Oman Environmental Services Company (be’ah) and the Oman Authority for Public Services Regulation nominated Nama PWP to procure the project. The project was previously designed with a smaller capacity and shorter timeline before being amended to the current scale. Procurement was suspended in 2020 but revived two years ago.

Oman was one of the first GCC countries to plan an EfW project to reduce landfill use. Since then, Dubai and Abu Dhabi have procured and advanced their EfW projects. Dubai’s Warsan EfW, with capacity to process 1.9M tonnes of municipal waste annually and generate 200 MW, is operational. Abu Dhabi’s Dhafra EfW, with capacity to process 900,000 tonnes annually and generate 80 MW, is under construction. Sharjah also developed a 30 MW EfW plant, which recently changed ownership.

OMAN ANNOUNCES INDUSTRIAL SALT PRODUCTION PPP

Oman’s Ministry of Commerce, Industry and Investment Promotion has announced a Public-Private Partnership (PPP) to launch the Naqa Salt Project in Wilayat Mahout. The collaboration, valued at OMR 13.4 Mn (USD 34.8 Mn), was agreed between Minerals Development Oman (MDO) and Dev Salt, making it the largest industrial salt production initiative in the region. The signing was carried out in collaboration with the Invest in Oman platform.

The project, located along the Arabian Sea in Mahout, Al Wusta Governorate, lies within MDO’s 51k sqm concession area and benefits from ideal solar evaporation conditions and proximity to Duqm Port, enhancing export competitiveness. It will utilise solar-powered evaporation technology to produce high-purity, bromine-rich industrial salt. The initiative aligns with Oman Vision 2040 by advancing the mining sector, supporting clean-energy-driven investments, and creating opportunities for SMEs within the national value chain.

The Naqa Salt Project will produce 2 Mn tons of salt annually. Its evaporation ponds will span about 109 sq km and yield 99% pure salt, catering to sectors such as chemicals, oil and gas, logistics, food, and pharmaceuticals. Target export markets include Europe, Asia, and Africa. The project will also deliver environmental value, with evaporation ponds creating habitats that attract migratory birds and marine life, opening potential for eco-tourism development.

OMAN DATA PARK ANNOUNCES LAUNCH OF CLEAN ENERGY PLANT TO POWER DCS

Oman Data Park (ODP), a provider of managed services, cloud solutions, and advanced cybersecurity in the Middle Eastern nation, has entered a strategic partnership with Solar Wadi to launch a transformative solar power project that will generate 1.4 MW of clean energy in its initial phase.

This initiative will directly power ODP’s data centers, as it aims to establish Oman’s first Green Energy Data Center, an ambition that is also in alignment with the nation’s Net Zero targets outlined under Oman Vision 2040. ODP revealed that another 400 kW will be added during a subsequent expansion, helping it reduces the carbon footprint of its data operations.

The first phase of the project will see the installation of solar panels in the wadi area and atop the Knowledge Oasis Muscat (KOM) 4 building in Rusayl to capture optimal sunlight and maximize electricity generation. The generated power will be channeled directly into existing electrical panels and switchgear, providing an estimated 1.4 MW of clean energy for ODP’s operations. Phase Two will extend coverage by an additional 400 kW through the installation of solar infrastructure in the facility’s car parking area.

In addition to Rusayl, ODP’s upcoming data center in Firq, Nizwa, has been purpose-built with solar infrastructure integrated into its very foundation. Designed to deliver a total power output of 4.4 MW and to accommodate over 500 racks, with the solar initiative the facility will, from inception, generate an estimated 350 kW of that capacity from clean, solar-powered electricity.

MERANTI GREEN STEEL ANNOUNCES STRATEGIC GREEN IRON PROJECT IN OMAN

Oman – Meranti Green Steel has announced the launch of its green iron project in the Duqm Special Economic Zone, aiming to produce low-emission Direct Reduced Iron (DRI) and Hot Briquetted Iron (HBI) as part of the company’s global efforts to decarbonize the iron and steelmaking process. This project is a key element of Meranti’s green steel strategy. The company plans to make a Final Investment Decision (FID) for the Duqm project by mid-2026, with construction to follow immediately thereafter. Commissioning of the facility is scheduled for mid-2029.

Meranti’s focus will be on utilizing a Natural Gas/ Green Hydrogen mix in line with Oman’s Energy Transition Plan. Over time, Meranti will use up to 85% of Green Hydrogen in its process, reducing CO2 emissions per ton of steel to below 200kg. Discussions with potential green hydrogen suppliers are already underway.

Meranti considers Oman to be the perfect location for this project due to its competitive energy resources, including cost-effective natural gas and a rapidly advancing green hydrogen ecosystem. The Duqm Special Economic Zone provides a robust infrastructure for the plant, with industrial land, deep-water port access, and efficient regulatory frameworks that enable fast-track development and global distribution. Oman’s location also facilitates cost-effective shipping to Meranti’s steel plant in Thailand and to European offtakers seeking low-emission HBI, reducing logistics costs and emissions.

PDO, SLB PARTNER TO ESTABLISH OMAN PERFORATION TECHNOLOGY CENTRE

Petroleum Development Oman (PDO) and Schlumberger (SLB), a global energy technology company headquartered in Texas, US, have signed an agreement to establish the Oman Perforation Technology Centre, the first perforating charges manufacturing facility of its kind in the Middle East and North Africa for oil and gas operations.

The new centre represents a significant step in localising advanced industries, strengthening supply chains, and delivering long-term economic value, while supporting Oman’s Vision 2040 and PDO’s In-Country Value (ICV) programme.

Equipped with advanced technologies such as robotic arms and precision conveyor systems, the facility is designed to transform the way perforating services are carried out in the region. By localising critical manufacturing, the centre will reduce dependence on imported materials, cut carbon emissions associated with overseas logistics, and enhance the resilience of PDO’s supply chain.

SUNGROW HYDROGEN AND UES SIGN MOU FOR GREEN HYDROGEN PLANT IN OMAN

United Engineering Services (UES) has signed a Memorandum of Understanding with China’s Sungrow Hydrogen Sci & Tech Co to set up a manufacturing facility in Oman dedicated to producing equipment essential for the nation’s emerging green hydrogen industry. The agreement represents UES’s first move into hydrogen and is seen as a major step toward establishing Oman as a regional hub for advanced hydrogen technology.

Sungrow Hydrogen secured a contract to supply water electrolysis equipment for Oman’s first green ammonia project at Duqm. The 100,000 tpa green ammonia plant, developed by Green Hydrogen and Chemicals Company SAOC, a subsidiary of India’s ACME Group, is planned to expand to 900,000 tpa over multiple phases. Sungrow announced it had won the “biggest share” of a 320 MW equipment contract for the project, which includes multiple 1,000 Nm³/h alkaline hydrogen units scheduled for delivery in 2025.

MASDAR-LED CONSORTIUM SIGNS PPA TO BUILD OMAN’S FIRST SOLAR-PLUS-STORAGE PLANT

A consortium led by UAE-based renewable energy developer Masdar has signed a power purchase agreement (PPA) with Nama Power and Water Procurement (PWP) to develop Oman’s first utility-scale solar and battery storage project.

The consortium – comprising Masdar, OQ Alternative Energy, Al Khadra Partners and Korea Midland Power Co. (KOMIPO) – will build the Ibri III Solar Independent Power Project (IPP), combining a 500-megawatt (MW) photovoltaic plant with a 100 megawatt-hour (MWh) battery energy storage system (BESS).

The investment, estimated at about OMR 115 Mn (USD 298 Mn), underscores growing confidence in the Gulf nation’s regulatory and business environment. Once completed, Ibri III is expected to supply clean power to about 33,000 homes and cut more than 505,000 tons of carbon dioxide emissions annually. The project will strengthen the country’s position as a regional clean-energy hub at a time when Gulf states are stepping up investment in renewables to reduce reliance on fossil fuels.

The Ibri III solar park, to be built in Al Dhahirah Governorate, will be located next to Ibri II, Oman's first 500-MW solar project. Ibri III is expected to enter commercial operation in the Q1 of 2027.

QATAR

MOCI LAUNCHES DIGITAL PLATFORM TO BOOST PUBLIC-PRIVATE PARTNERSHIPS

The Ministry of Commerce and Industry (MoCI) in Qatar has launched a new digital platform under its Public–Private Partnership (PPP) Program to centralize and streamline access to PPP investment opportunities.

Developed by MoCI’s Business Development Department, the platform acts as a unified repository where private sector investors can explore projects across infrastructure, services, and technology. The initiative aims to enhance public–private collaboration, increase transparency, and align private investments with Qatar’s socio-economic development goals.

The platform supports national priorities such as technological advancement, improved service delivery, and economic diversification, while giving investors direct access to viable PPP projects. Accessibility is enabled through a QR code included in the ministry’s official communications. This initiative accelerates digital transformation and reinforces Qatar’s commitment to National Vision 2030.

QATAR ISSUES USD 2.5 BN GREEN BONDS: A NEW ERA FOR GULF SUSTAINABLE FINANCE

Qatar has issued its inaugural USD 2.5 Bn sovereign green bond, setting a new regional benchmark for sustainable finance across the Middle East, Central and Eastern Europe, and Africa, the Ministry of Finance confirmed. The dual-tranche issuance—USD 1 Bn over five years and USD 1.5 Bn over ten—was priced at record-low spreads over U.S. Treasuries.

The offering attracted over USD 14 Bn in peak demand, exceeding 5.6 times the issuance size, and was later named “Deal of the Year” at the Global Banking and Markets: Middle East Awards 2025. The Ministry described the move as a milestone in Qatar’s sustainable transformation strategy.

Proceeds from the bond will be tracked through an updated sovereign green assets register, designed to enhance transparency and accountability in green finance. The Ministry has also released its first green bond allocation report detailing project categories and fund utilization.

In parallel, Qatar is advancing its National Adaptation Plan (NAP) to strengthen climate resilience and protect its economy, population, and coastal ecosystems. The plan complements sustainable finance regulations issued by the Qatar Central Bank, which include guidance for green and sustainability-linked financial instruments.

These initiatives align with the Qatar National Vision 2030 and international climate goals, positioning the country as a rising leader in the global sustainable finance landscape.

QATAR ENERGY SIGNS DUKHAN SOLAR POWER PLANT CONSTRUCTION CONTRACT WITH SAMSUNG

Samsung C&T E&C Group has been awarded the contract for Qatar’s largest solar power project, underscoring its growing leadership in renewable energy infrastructure. Commissioned by Qatar Energy, the 2,000 MW Dukhan Solar Power Project represents the largest capacity solar facility ever undertaken by a Korean construction company.

The project carries an Engineering, Procurement, and Construction (EPC) value of QR 1.46 Trn (USD 401.1 Bn) and will be built in Dukhan, 80 kilometers west of Doha. Spanning 27㎢—equivalent to 3,790 football fields—the massive site will be fitted with 2.74 million solar panels. Upon completion in 2030, the plant will generate enough electricity to power approximately 750,000 households, even considering Qatar’s high per-capita energy use.

QATAR TOURISM INVITES BIDS TO DEVELOP WEST BAY WATERFRONT, AL SAFLIYA ISLAND

Qatar Tourism in partnerships with the Public Works Authority (Ashghal), has announced the launch of the Request for Proposals (RFP) – Stage 1 for the West Bay Beaches and Al Safliya Island Development Project. Under a Public Private Partnership (PPP) model and structured as a Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) scheme, the project will transform Doha’s West Bay beaches and Al Safliya Island into a cohesive waterfront destination with eco-tourism initiatives, waterfront leisure spaces, dining, and recreational offerings.

Through RFP Stage 1, Qatar Tourism and Ashghal invite qualified Qatari, regional, and international developers and consortia with proven expertise to submit proposals. The objective of this stage is to gather design ideas and pre-qualify bidders capable of delivering the project to international standards. Pre-qualified companies will subsequently be invited to participate in RFP Stage 2.

The West Bay Waterfront Project is an integral part of Qatar Tourism’s Asset Masterplan, which is a strategic initiative aimed at transforming Qatar into a world-class tourist destination by investing in infrastructure, cultural attractions, and leisure experiences aligned with the Qatar National Vision 2030. By investing and delivering world-class infrastructure and tourism facilities, the project will enhance the visitor experience and position Qatar as a leading global destination for cultural, leisure, and family-friendly tourism.

KUWAIT’S

KUWAIT OPENS BIDDING FOR 2 REAL ESTATE REDEVELOPMENT PROJECTS UNDER PPP FRAMEWORK

The Kuwait Authority for Partnership Projects (KAPP) has issued Invitation to Bid (ITB) notices for two real estate Public-Private Partnership (PPP) projects in Qibla and Sharq areas. The tender’s cover:

Al Muthanna Complex Real Estate Project – located in Block 12 of the Qibla area, on State-owned Plots No. 16 and 17, totaling 17,183 square metres (sqm)
Waterfront Real Estate Project – Phase III – located in the Sharq area, on Plot No. 1, spanning 384,385 sqm (excluding 56,111 sqm designated as Nig‘ah Al-Shamlan)

The scope includes rehabilitation, renovation, development, major and routine maintenance, management, and operation of the sites under a 15-year usufruct arrangement, in accordance with Law No. 116 of 2014 governing PPPs and its Executive Regulations.

Bidding companies must demonstrate a minimum of 10 years’ experience in similar public or private real estate projects and provide documentation for at least two completed contracts, each valued at no less than KWD 15 Mn (USD 49 Mn).

ACWA POWER AND GIC TO DEVELOP USD 4 BN AZ-ZOUR NORTH PHASE 2 & 3 IWPP IN KUWAIT

ACWA Power along with consortium partner Gulf Investment Corporation (GIC) has signed a Letter Agreement with the Kuwait Authority for Partnership Projects (KAPP) and the Ministry of Electricity, Water and Renewable Energy (MEWRE) to develop the Az-Zour North Phase 2 & 3 Independent Water and Power Project (IWPP) in southern Kuwait.

With a total investment exceeding USD 4 Bn, the megaproject will deliver at least 2,700 MW of net power generation capacity and 120 million imperial gallons per day (MIGD) of desalinated water. This dual-purpose facility will play a pivotal role in strengthening Kuwait’s power supply and water security, while generating employment opportunities for Kuwaiti professionals during construction and operation.

Under a 25-year offtake agreement, the ACWA Power-led consortium will design, finance, build, operate, maintain, and transfer the facility under a Build-Operate-Transfer (BOT) model. A dedicated project company will be established, with the consortium holding 40% equity and KAPP retaining 60%.

VA TECH WABAG, HEISCO JV SUBMITS LOWEST BID OF USD 374 MN FOR DESALINATION PLANT IN KUWAIT

Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being set up at an investment of KWD114.3 Mn (USD 377 Mn) in Kuwait.

A major engineering, procurement and construction (EPC) contracting company based in Kuwait, Heisco the Doha SWRO Desalination Plant will be located in the seaside district of Doha on the western coast of the capital Kuwait City.

The project, being implemented by the Ministry of Electricity & Water & Renewable Energy (MEW), is likely to be operational within an eight-year period. The joint venture with VA Tech Wabag has achieved the lowest bid for the tender - Supply & Erection with O&M Services of Doha SWRO Desalination Plant with Re-carbonation System (Stage-2) -for the MEW."

KUWAIT LAUNCHES TENDER FOR 1.8 GW AL-KHAIRAN PHASE 1 THERMAL POWER PROJECT

Kuwait has launched the bidding process for the first phase of the Al-Khairan Independent Water and Power Producer (IWPP) project. The 1.8 GW project, to be fuelled by a combination of LNG and high-pressure natural gas, with gas oil as back up fuel, is being developed under a Public-Private Partnership model by the Kuwait Authority for Partnership Projects (KAPP), in cooperation with the Ministry of Electricity, Water and Renewable Energy. Located approximately 100 kilometres south of Kuwait City, the project will also desalinate water.

The scope of the tender includes the design, financing, construction, operation, maintenance, and eventual transfer of the facility. The selected developer will establish a project company to enter into a 25-year agreement to supply electricity and water to the government. Three consortia have been invited to submit proposals, led respectively by Abu Dhabi National Energy Company (TAQA), Saudi Arabia’s ACWA Power, and China Power International Holding. Additionally, Nebras Power and Sumitomo Corporation are among the other qualified bidders.

KUWAIT TO TENDER 3,000 MW NUWAISEEB PLANT VIA KAPP

The Ministry of Electricity, Water and Renewable Energy intends to float a tender for the first phase of the 3,000-megawatt power plant project in Nuwaiseeb through the Kuwait Authority for Partnership Projects (KAPP), which was previously scheduled to be tendered through the ministry. The value of these phases of the power plant exceeds KWD 1 Bn (USD 3.27 Bn).

The ministry clarified that this step is a manifestation of the success of the private sector’s involvement in the implementation of energy projects. It revealed that such a decision was taken after the successful tendering and awarding of major projects in the same manner, such as the North Zour Power Plant (Phases One, Two, and Three), Khairan Power Plant-Phase One, and Shagaya Power Plant (Phases One, Two, and Three).

It indicated that implementing projects under the BOT system ensures that no direct financial obligations are incurred on the public budget, which contributed to the preference for offering the Nuwaiseeb plant through the partnership system. The Subiya Power Plant (Phase Four) is expected to be the last project to be implemented directly by the ministry, given the urgent need to operate it quickly to boost production capacity before completing new projects under the partnership system.

List of key transactions - Oman, Qatar and Kuwait Q3 2025

Source: YOG INFRA analysis

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