Saudi Arabia’s growth and infrastructure investment

Of all the fast-growing economies of the Arabian Gulf region, Saudi Arabia is by far the largest in terms of population and gross national product. Due to rising oil prices and increased foreign investments, Saudi Arabia's national economy has grown exponentially over the last ten years - having doubled in size since 2002 to $481.6bn. With a surface area of 2,150,000km2 (roughly equivalent to one quarter of the surface area of the continental United States), Saudi Arabia has a much greater need for high
August 28, 2013 Read time: 2 mins

Of all the fast-growing economies of the Arabian Gulf region, Saudi Arabia is by far the largest in terms of population and gross national product. Due to rising oil prices and increased foreign investments, Saudi Arabia's national economy has grown exponentially over the last ten years - having doubled in size since 2002 to $481.6bn.

With a surface area of 2,150,000km2  (roughly equivalent to one quarter of the surface area of the continental United States), Saudi Arabia has a much greater need for highway infrastructure to connect its many cities and ports.  Accordingly, the Kingdom has a much larger highway project pipeline in terms of total length of the network.

On the urban side, the cities of Riyadh, Damman, Jeddah, and Medina are growing rapidly. As rising populations and incomes drive demand for vehicles, freeway and road construction projects are increasingly larger and more complex – including road safety equipment and intelligent transport systems deployments.

According to industry estimates, investment in Saudi Arabia's entire transport sector is set to reach $100bn by 2020, with over $30bn allocated for new transport projects in the government's next five-year plan.

Related Content

  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Challenges of NMT in Nairobi, Dar es Salaam
    September 13, 2016
    Developing safety for non-motorised transport in East Africa - Shem Oirere writes. Despite increasing national budgetary allocations for the road sector in recent years, governments in East Africa have made very low investments in non-motorised transport (NMT). This is despite the fact that both Kenya and Uganda have recently passed a policy on pedestrian and cycling safety. In Kenya, the County government of Nairobi, the country’s capital, has embraced a NMT policy, while in Uganda the government has passe
    Read More
  • Congestion and safety concerns over Serbia’s roads
    February 23, 2012
    With traffic flows on the increase, Serbia needs to improve its road network and safety record, reports Gordon Feller. Serbia's road network needs to upgrade its road system against the backdrop of increased traffic flows. Serbia is crossed by segments of the important Trans European network (TEN). Corridor X with its branches Xb (Belgrade-Budapest) Xc (Nis-Sofia), and Xd (Nis-Presevo), represent the most important transit routes in the Republic, connecting Austria/Hungary, Slovenia/Croatia, and Bulgaria/Ma
    Read More
  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More

Highlighted Content