Skip to main content

Mena states plan $225bn transport projects

The Middle East and North Africa (Mena) region has a US$225 billion rail, metro, tram and bus rapid transit (BRT) capital investment programme to 2030, according to a report by Meed Projects. There are now 108 separate railway, metro, monorail, tram and BRT projects under bid, under design or under study in fourteen Mena countries. More than 50 of them, with a combined value of almost $140 billion, are in the Gulf Cooperation Council (GCC).
October 17, 2013 Read time: 2 mins
The Middle East and North Africa (Mena) region has a US$225 billion rail, metro, tram and bus rapid transit (BRT) capital investment programme to 2030, according to a report by Meed Projects.

There are now 108 separate railway, metro, monorail, tram and BRT projects under bid, under design or under study in fourteen Mena countries.  More than 50 of them, with a combined value of almost $140 billion, are in the Gulf Cooperation Council (GCC).

Saudi Arabia has the greatest potential with projects worth US$50 billion due to be completed by 2025.  Rail, metro, tram and BRT projects in Qatar worth more than US$30 billion are scheduled to be finished by 2020, ahead of the Qatar 2022 World Cup Finals. The third biggest rail market is the UAE, where US$27 billion worth of projects is due for completion by 2030.

These projects will be highlighted at the Meed Mena Rail & Metro Summit which opens at in Abu Dhabi at the end of October, when around fifty experts from government and private businesses in the GCC, the wider Middle East and the world will address the event, with over 300 delegates expected to attend the conference.

Speakers at the conference include Dr Mohammed Montazeri, deputy managing director for planning and logistics at the Tehran Urban and Suburban Railway Company. Iran has more than US$15 billion of major projects in the pipeline and two-thirds of this planned investment will be in the urban rail network of the Iranian capital by 2025.

Related Content

  • Ho Chi Minh City plans rapid bus system
    October 23, 2012
    As part of an initiative to develop a modern transport system for Ho Chi Minh City, the municipal administration plans to spend around US$152 million on a bus rapid transit (BRT) project that will run along the 25km Vo Van Kiet – Mai Chi Tho boulevard, connecting the eastern and western parts of the city. The BRT system is expected to have 30 modern buses and, according to the municipal transport department, is a feasible solution for traffic congestion problems. A green corridor that will use solar energy
  • Transportation safety and security markets worth US$62.96 billion by 2018
    December 2, 2013
    The latest report from MarketsandMarkets forecasts the global transportation safety and transportation security market to grow from US$37.80 billion in 2013 to US$62.96 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 10.7 per cent from 2013 to 2018. North America (NA) is expected to be the biggest contributor in terms of revenue contribution, while the growing markets Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA), are expected to experience increased market traction
  • UK government announces US$60.6 billion infrastructure spending
    April 23, 2014
    UK prime minister David Cameron and chancellor George Osborne have launched a year of major infrastructure investment, with US$60.6 billion of spending planned across 200 projects. Many of the projects due to start construction in 2014 and 2015 are key transport schemes, ranging across road, rail, local transport and airport infrastructure as well as flood defence schemes. These include the Mersey Gateway Bridge, Sheffield Lower Don Valley and Exeter flood defence schemes, major roads such as the M6 J
  • Australia’s infrastructure spending plans
    May 14, 2014
    In its federal budget announced on 13 May 2014, the Australian government announced plans for new infrastructure projects costing US$117.04 billion to keep the economy going after the mining boom ends. The new funding and existing projects are expected to boost infrastructure investment to US$47 billion by end of the decade. The government will invest US$11 billion to fast track infrastructure projects including US$3.4 billion for road projects, US$4.6 billion to asset-recycling fund for states and US$2.