Roads and bridges projects in Middle East valued at US$109 million

Ahead of December’s Gulf Traffic exhibition in Dubai, the latest figures from Ventures Middle East indicate ongoing roads and bridges projects across the Gulf Co-operation Council (GCC) region are currently valued at US$109 billion. Host of the 2022 Football World Cup, Qatar, leads the way with an allocation of US$20bn for roads and highways, in addition to a US$35bn rail network. The UAE, second worldwide for roads quality in the latest Travel and Tourism Competitiveness Report, has investments worth
September 30, 2013 Read time: 2 mins
Ahead of December’s 553 Gulf Traffic exhibition in Dubai, the latest figures from Ventures Middle East indicate ongoing roads and bridges projects across the Gulf Co-operation Council (GCC) region are currently valued at US$109 billion.

Host of the 2022 Football World Cup, Qatar, leads the way with an allocation of US$20bn for roads and highways, in addition to a US$35bn rail network.  The UAE, second worldwide for roads quality in the latest Travel and Tourism Competitiveness Report, has investments worth US$58 billion in the pipeline for roads and bridges alone, the research showed.

It added that Saudi Arabia is undertaking roads, bridges and rail infrastructure improvement projects valued at US$77 billion, while Oman is planning to spend US$14.8 billion on roads, rail and bridges infrastructure in the coming few years, and the Kuwaiti budget for infrastructure works is estimated at US$13 billion.

Bahrain announced earlier in 2013 that it will spend more than US$2.5 billion on major road, bridge, and tunnel networks.
Urban Traffic Control

For more information on companies in this article

Related Content

  • Electronic toll collection system market projected to grow $9.5 billion by 2020
    May 19, 2014
    According to a new market research report by MarketsandMarkets, Electronic Toll Collection System Market by Products, Technology Applications and Geography - Analysis & Forecast 2013-2020, the market for electronic toll collection (ETC) is expected to grow at a CAGR of 11.1 per cent from 2013 to 2020, and reach US$9.5 billion in 2020. The overall global electronic toll collection system market is segmented into four major areas: products, technologies, applications and geography. All the major segments a
    Read More
  • Automated fare collection market predicted to almost double by 2021
    June 3, 2016
    According to a new market research report, Automated Fare Collection Market by Application (Rail and Transport, Parking), by Service Type (Consulting, System Implementation), by Technology, by Industry, by Region - Global Forecast to 2021, published by MarketsandMarkets, the global automated fare collection (AFC) market is estimated to grow from US$6.42 billion in 2016 to US$11.95 billion by 2021, at an estimated compound annual growth rate (CAGR) of 13.2 per cent. Automated fare collection applications
    Read More
  • Covid turns tolls cashless
    December 23, 2021
    When coronavirus hit, Pennsylvania Turnpike Commission made its long-planned e-tolling system permanent; this made sense, but it was still a difficult decision, explains the organisation’s Carl DeFebo
    Read More
  • Ability to keep in touch on US buses woos travellers
    February 1, 2012
    David Crawford finds evidence of a new trend in American intercity travel: that better access to data sources on the move is tempting passengers away from air travel and onto surface modes. In the US the ease of use of Portable Electronic Devices (PEDs) is successfully wooing long-distance travellers away from airlines and onto surface public transport, according to just-published research. Using data from field observations of 7,028 passengers travelling by bus, air and train in 14 US states and the Distri
    Read More

Highlighted Content