GCC said to be planning $109bn of new roads projects

New research shows UAE has $58bn investment planned on roads, bridges alone

Ongoing roads and bridges developments across the GCC are currently valued at $109bn according to latest figures from business advisory and research firm, Ventures Middle East.

The UAE, second worldwide for roads quality in the latest Travel and Tourism Competitiveness Report, has investments worth $58bn in the pipeline for roads and bridges alone, the research showed.

It added that Saudi Arabia is undertaking infrastructural improvement projects valued at $77bn that includes roads, bridges and rail.

As the host of the 2022 Football World Cup, Qatar leads the 2013 boom with an allocation of $20bn for roads and highways, in addition to a $35bn rail network, a statement said.

The combined share of roads and bridges projects in the UAE, Qatar, and Saudi Arabia represented more than 75 percent of the total $109bn pot, it added.

The research said Oman is securing $14.8bn on roads, rail and bridges infrastructure in the coming few years, while the Kuwaiti budget for infrastructure works is estimated at $13bn.

Bahrain also declared earlier in 2013 that it will spend more than $2.5bn on major road, bridge, and tunnel networks.

The figures come ahead of the Gulf Traffic exhibition and conference, taking place from December 9-11 at the Dubai International Convention and Exhibition Centre.

Supported by Abu Dhabi Police and SAEED, the three-day event will bring together more than 100 exhibitors from 20 countries involved in the design, build, and maintenance of the region's road, rail, parking and public transport projects.

Richard Pavitt, exhibition director for Gulf Traffic, said: "The Gulf region has been at the forefront of transport infrastructure developments for several years now, and 2013 marks another big year, where dozens of new projects have been announced across the six Gulf states."

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Railways are huge priority for the GCC

Railways are huge priority for the GCC

Rail has the potential to dramatically affect Gulf economies...

Cash crunch at Saudi firm casts shadow over Lebanon's Hariris

Cash crunch at Saudi firm casts shadow over Lebanon's Hariris

The troubles at Saudi Oger have led to a cash crunch and layoffs...

Abandoned in Saudi desert camps, migrant workers won't leave without pay

Abandoned in Saudi desert camps, migrant workers won't leave without pay

Plight of workers has alarmed their home countries and drawn...

Most Discussed