New Road Projects in GCC Values at $109 Billion

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According to a recent report of a group of management consultants and marketNew Road Projects in GCC Values at $109 Billion researchers in the Middle East, the ongoing roads and bridges improvement across Gulf Cooperation Council region values at an astounding amount of $109 Billion.
The research showed that the United Arab Emirates alone has $58 Billion worth of investments in the pipeline for roads and bridges. The country was the 2nd Worldwide for Roads Quality in the latest Travel and Tourism Competitiveness Report.
Kingdom of Saudi Arabia on the other hand has $77 Billion infrastructural improvement projects including bridges, roads and rails.
In preparation to host the 2022 Football World Cup, $20bn for roads and highways, in addition to a $35bn rail network has been allocated by the Qatar government.
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.
Oman is arranging the $14.8 billion budget on their roads, rail and bridges infrastructure, Kuwait is securing $13 Billion for the infrastructure projects and Bahrain declared last year that an allocation of $2.5 Billion will be splurged on major road, bridge, and tunnel works.
“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”, director of Gulf Traffic Exhibition that took place last year in Dubai.