UAE leads regional spending on major road, bridge projects

ABU DHABI — Major road and bridge projects valued at $142 billion are underway or at the planning stages in the Gulf region, with the UAE leading the way after adding to its transport infrastructure with the recent opening of Dubai Metro’s Green Line.

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Published: Sun 18 Sep 2011, 10:48 PM

Last updated: Tue 7 Apr 2015, 5:51 AM

Highlighted by Abu Dhabi’s $25 billion Surface Transport Master Plan (STMP), the UAE’s $58 billion worth of road and bridge projects represents almost 40 per cent of the regional total.

Saudi Arabia has $48 billion dollars worth of projects either planned or underway, while Qatar continues with its infrastructure developments for the 2022 FIFA World Cup, with road projects valued at $17 billion in progress.

Underlining huge opportunities for transport sector manufacturers and suppliers within the region and worldwide, the scale of development in the Gulf is highlighted by figures collated by market research specialist Ventures Middle East ahead of the Gulf Traffic Exhibition and Conference.

Taking place from December 12-14, 2011 in Dubai, Gulf Traffic is firmly established as the region’s premier event covering road, rail, parking and public transport.

The two-day conference features a line-up of 14 expert speakers, with key topics including improving road safety through the role of the police, public awareness and participation.

Informa Exhibitions, organisers of Gulf Traffic, have so far confirmed an exhibitor line-up of 149 contractors, manufacturers and suppliers from 27 countries in the Middle East and overseas.

Kuwait will be one of the most active markets for road projects in the next couple of years, with projects worth nearly $9.4 billion in the pipeline.

Oman has road projects worth $8 billion — 5.5 per cent of the regional total — with another $2 billion worth of schemes at various stages in Bahrain.

muzaffarrizvi@khaleejtimes.com



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