Skip to main content

Middle East development

The nations of the Gulf Cooperation Council (GCC) look set to invest a healthy US$18 billion in road projects between 2011 and 2020. The road projects are expected to improve connections between Kuwait, Oman, Saudi Arabia, Qatar and the UAE.
April 27, 2012 Read time: 1 min
The nations of the 5329 Gulf Cooperation Council (GCC) look set to invest a healthy US$18 billion in road projects between 2011 and 2020. The road projects are expected to improve connections between Kuwait, Oman, Saudi Arabia, Qatar and the UAE. The prediction for the scale of this highway spending in the region comes according to the Kuwait Financial Centre or 5330 Markaz.

For more information on companies in this article

Related Content

  • Middle East funding for Indian roads
    February 15, 2016
    Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
  • Dubai to host the 18th IRF World Meeting & Exhibition planned for 2021
    February 10, 2020
    Dubai, one of the world’s iconic cities, has been designated to host the International Road Federation’s World Meeting & Exhibition on November 8th-11th, 2021.
  • Gulf Traffic 2016 event is looking strong
    August 26, 2016
    The organisers of the Gulf Traffic 2016 conference being held in Dubai from November 13th-15th report strong interest in the event. This will be held in the Dubai International Exhibition Centre and according to the organisers, aims to be the region’s leading traffic and transportation event, with a particular focus on smart cities, ITS, parking and infrastructure. The conference provides a yearly platform for innovative thought-leaders to convene in a high-level discussion on the future of traffic in the r
  • RMD divisional operations director Ian Hayes on global formwork market
    May 21, 2014
    Ian Hayes, RMD Kwikform’s divisional operations director, gives an overview of the current global formwork and shoring market Over the recent past, the formwork and shoring market has been changing as the global economic recovery begins to take shape and different countries again begin to invest in key infrastructure projects. Notably there has been a shift in the Middle East, as countries like Saudi Arabia, Kuwait and Oman embark on major airport and the road infrastructure projects to support developme