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

  • PB names new head of operations for Middle East and North Africa
    June 1, 2012
    Parsons Brinckerhoff has named Anas A. Kassem operations manager of the company's Middle East and North Africa region. Kassem previously served as general manager of the company’s operations in Kuwait and has been with PB for more than 23 years, over 15 of them working in the Middle East with clients that have included Kuwait's Ministry of Public Works, Qatar's Public Works Authority and the Saudi Royal Committee for Al Haram Expansion.
    Read More
  • #ITSDubai2024: Welcome to the future
    September 17, 2024
    “Thankyou for coming to celebrate the future!” said Dr. Michio Kaku, futurist and theoretical physicist. “History belongs to those who dare to challenge the unknown.”
    Read More
  • US traffic deaths up 7.7 per cent in 2015
    July 8, 2016
    Preliminary data released by the US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) show a 7.7 per cent increase in motor vehicle traffic deaths in 2015. An estimated 35,200 people died in 2015, up from the 32,675 reported fatalities in 2014. Although the data are preliminary and requires additional analysis, the early NHTSA estimate shows 9 out of 10 regions within the United States had increased traffic deaths in 2015. The most significant increases came for pedest
    Read More
  • Smart transportation market worth US$138.76 billion by 2020
    July 24, 2015
    According to a new market research report, Smart Transportation Market by Solutions (Ticketing Management, Parking Management, Traffic Management, Smart Signalling, Multimodal Information Systems, Passenger Information Systems, Cloud Services, Business Services) - Global Forecast to 2020, published by MarketsandMarkets, the smart transportation market is set to grow from US$46.72 billion in 2015 to US$138.76 billion by 2020, growing at a CAGR of 24.3 per cent from 2015 to 2020.
    Read More

Highlighted Content