Major infrastructure plans for Gulf Region

Huge investment is being seen in the Gulf Region, with some US$109 billion being spent on infrastructure development according to figures from Ventures Middle East. The Gulf Co-operation Council (GCC) nations are spending on improving roads and highways. Saudi Arabia is carrying out work to build roads and bridges (as well as rail) infrastructure worth $77 billion. Meanwhile the UAE is spending $58 billion on transport infrastructure and Qatar is investing $35 billion. In addition, Oman is spending close to
October 2, 2013 Read time: 1 min
Huge investment is being seen in the Gulf Region, with some US$109 billion being spent on infrastructure development according to figures from Ventures Middle East. The Gulf Co-operation Council (GCC) nations are spending on improving roads and highways. Saudi Arabia is carrying out work to build roads and bridges (as well as rail) infrastructure worth $77 billion. Meanwhile the UAE is spending $58 billion on transport infrastructure and Qatar is investing $35 billion. In addition, Oman is spending close to $15 billion, Kuwait is investing $13 billion and Bahrain has a budget of $2.5 billion. According to Venture Middle East, the budgets of Saudi Arabia, the UAE and Qatar account for over $75 billion of the region's current road and bridge projects.
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The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
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