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

  • Contacts awarded for new UAE road links
    October 8, 2013
    Contracts for two major road projects in the United Arab Emirates (UAE) worth a combined US$2.01 billion (AED 7.40 billion) have been awarded. The contracts have been granted to Al Jaber Transport and General Contracting, Ghantoot Transport and General Contracting, Al Geemi & Partners Contracting Company, Bin Hafeez General Contracting Establishment, Delma Engineering, Larsen and Toubro, Abu Dhabi Salini Construction and Tristar for Engineering. One of the road projects will connect Dubai with Abu Dhabi,
  • UAE highway deal awarded to contractor
    January 21, 2015
    Construction firm Al Jaber Transport & General Contracting will carry out work on two contracts worth a total of US$544.5 million in the UAE. The package of works was awarded by Abu Dhabi General Services Co. Under the terms of the deal, a subsidiary of Al Jaber Group will build two sections of the highway from Mafraq to Al Ghwaifat located near Qatar, and on the border with Saudi Arabia. The sections included the construction of highways from Al Mirfa to Abu Al Abyad, and the construction of highways and i
  • Bahrain’s massive infrastructure development plan
    May 17, 2021
    Bahrain has set out plans for a massive infrastructure development programme.
  • Volvo CE bullish
    May 4, 2012
    Swedish-based firm Volvo Construction Equipment (Volvo CE) reports stronger-than-expected increases in demand from customers in Europe and North America. The firm says that this performance has helped boost third quarter sales. Steady sales in many markets having a positive impact on financial performance. Net sales in the three months of July-September rose by 18% to US$2.28 billion, compared with $1.94 billion in the same period last year and when adjusted for currency movements, net sales increased by 27