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

Related Content

  • January 23, 2015
    Private investment in Latin American infrastructure on the rise
    Private investment in infrastructure projects has grown significantly over the past decade in Latin America's six largest economies, with the exception of Mexico and Argentina, according to a Standard & Poor's report. In Mexico the retraction in private investment is explained by poor planning and execution of projects on the part of the government. Meanwhile in Argentina, the dip is explained by government intervention, according to the report. Outside the two regional powerhouses, private sector par
    Read More
  • April 19, 2012
    UAE investment
    The GCC Gulf Transport Report Highlights a massive programme of construction projects in hand in the Middle East. In the United Arab Emirates the report says that at present, there is over US$58 billion worth of road and bridge projects planned or underway. Abu Dhabi Roads Transport (DoT) has a master plan to develop surface transportation for the emirate. The project will be planned and implemented in collaboration with municipal organisations of different areas of the emirate. One of the most significant
    Read More
  • December 22, 2015
    Jeddah juggles transport needs of residents, pilgrims and tourists
    Mass pilgrimages, new tourists and a growing population lead Jeddah to seek some smart transport solutions as David Crawford finds out. Rationalising traffic movement and public transport in a major Middle Eastern business and tourist centre that is also a gateway for millions of religious pilgrims every year is the challenge for the 20-year Jeddah Strategic Plan and the Jeddah Public Transport Programme (JPTP) it spawned. The latter is costed at US$8bn.
    Read More
  • April 24, 2017
    Gulf Traffic takes a new direction
    The 2017 Gulf Traffic Exhibition and Conference, which will take place 4-6 December at the Dubai World Trade Centre, is taking a new direction, focusing on intelligent transport solutions (ITS), smart innovations and parking, along with a full re-brand. The new stand-alone Gulf Parking exhibition, which will run adjacent to Gulf Traffic, will cater to the latest in smart payment and intelligent access control solutions from across the world. Also new for 2017 is the implementation of Smart Zone areas which
    Read More

Highlighted Content