Intermat Observatory report: road spending will dominate for 30 years

Road spending will dominate global infrastructure investment for the next 30 years, says a new report released at Intermat Paris 2018. According to a research project commissioned in partnership with Business France, the exhibition’s Observatory programme has revealed that €925 billion of investment is planned in Europe between now and 2050, and “the sector offering the highest development potential is roads”. Railways and buildings are the second and third biggest growth areas in Europe, the report adds.
April 23, 2018 Read time: 2 mins
New research shows that road spending worldwide is about to boom

Road spending will dominate global infrastructure investment for the next 30 years, says a new report released at 242 Intermat Paris 2018.

According to a research project commissioned in partnership with Business France, the exhibition’s Observatory programme has revealed that €925 billion of investment is planned in Europe between now and 2050, and “the sector offering the highest development potential is roads”.

Railways and buildings are the second and third biggest growth areas in Europe, the report adds. Six countries were surveyed: UK, France, Netherlands, Belgium, Italy and Germany.

In Africa, the research programme looked at a €307 billion investment plan for Morocco, Algeria, Ivory Coast and Kenya between now and 2040 and found that “the sectors offering the highest development potential for construction are road and rail, followed by buildings and ports”.

Meanwhile, in the Middle East, €239 billion of investment is scheduled between now and 2033 and “the two most promising sectors are roads and buildings”. Here the team looked at official plans for Qatar and the United Arab Emirates.

The Intermat Observatory says that its aim was to “provide exclusive analysis of the major construction opportunities in the EMEA zone”.

The report is “designed as a working tool to support the growth of [construction] firms” and set out to “analyse investment plans, both ongoing and planned for 2025 to 2030 in the following sectors: airports, buildings, railways, mining, quarrying, ports, roads and transport”.

The report also “offers an overview of the major projects, the main imports and exports of construction equipment and the foreign brands established in each country”. If you would like more information, go to: %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external https://paris-en.intermatconstruction.com/Intermat/Observatory/Observatory Intermat Construction website link false https://paris-en.intermatconstruction.com/Intermat/Observatory/Observatory false false%>

For more information on companies in this article

Related Content

  • High court drama expected at Highways UK event, NEC, Birmingham
    November 7, 2016
    What happens when a highways services employee is prosecuted for failing to follow established safety procedures? How would a courtroom drama unfold for the accused and the employer?
    Read More
  • Global road freight on the rise, ITF reports
    February 20, 2015
    Road freight’s share in global trade will increase from 6% to 10% by 2050, driven by increasing intra-regional trade, according to the latest report by the International Transport Forum. This growth is especially likely in Asia and Africa where efficient rail networks are and could remain underdeveloped, noted the report ITF Transport Outlook 2015. Hit hard by the global crisis in 2009, road freight volume grew 3% annually from 2010-12 in member countries of the OECD – the Organisation for Economic Co-opera
    Read More
  • Ethiopia announces three road projects worth over $240 million
    April 17, 2015
    In Ethiopia, three road projects worth over US$240 million will be built as part of the country's fourth road sector development plan. The government will fund the projects using its own resources. The first project is the 83km Sodo-Tercha asphalt-concrete project, costing around $84 million and to be built by China Railway Seventh Group. Completion is scheduled for 19 months. The second project, worth $102 million is the 99km Bilbela-Sekota road project, scheduled to take 39 months and to be built
    Read More
  • Call for Abstracts, for IRF Europe & Central Asia Regional Congress
    March 9, 2015
    Istanbul is often said to be where Europe meets Asia, geographically and culturally. This September the great city will also be the focus of the International Road Federation’s 1st Europe & Central Asia Regional Congress. The congress will be an exceptional opportunity for anyone, especially from Europe and Asia, involved in major road projects to connect and network with ministers, road agency heads and local government leaders. But time is running out to be among the prestigious speakers and presenters at
    Read More

Highlighted Content