GCC traffic infrastructure project

Ongoing roads and bridges developments across the GCC are presently valued on $109 billion, according to the largely new statistics from contract advisory and follow a line of investigation corporation, Ventures Middle East.

The UAE, jiffy worldwide on behalf of roads quality in the up-to-the-minute Travel and Tourism Competitiveness Report, has nest egg worth $ 58 billion in the pipeline on behalf of roads and bridges and no-one else, while neighbour Saudi Arabia is undertaking infrastructural upturn projects valued on USD 77 billion to facilitate includes roads, bridges and rail.

So the host of the 2022 Football World Cup, Qatar leads the 2013 boom with an allocation of $20 billion on behalf of roads and highways, in addition to a $35 billion rail set of contacts. The combined share of roads and bridges projects in the UAE, Qatar, and Saudi Arabia meanwhile represents more than 75 for every cent of the complete $109 billion pot.

Oman is securing $14.8 billion on roads, rail and bridges infrastructure in the advent not many years, while the Kuwaiti resources on behalf of infrastructure plant is estimated on $13 billion. Bahrain meanwhile moreover declared earlier in 2013 to facilitate it will splurge more than $2.5 billion on major road, conduit, and tunnel networks.

The statistics imply profit news on behalf of the hundreds of move infrastructure service providers participating on the Gulf Traffic exhibition and discussion, taking place from 9th to 11th December 2013 on the Dubai International Convention and Exhibition Centre.

Richard Pavitt, Exhibition Director on behalf of Gulf Traffic, supposed: "The Gulf region has been on the forefront of move infrastructure developments on behalf of several years right now, and 2013 lettering an added towering day, wherever dozens of inexperienced projects grasp been announced across the six Gulf states."

"Gulf Traffic will bring together industry leaders from across the globe involved in road, rail, public transport and parking industries. Suppliers will be able to showcase new trends and technologies offering cutting edge insights and industry solutions."

Now in its tenth edition, Gulf Traffic focuses on the four source move industry sectors plus traffic infrastructure, parking, road safety, and Intelligent Transport Systems (ITS).

The exhibit returns this day with the Gulf Traffic Conference, bringing laid back senior-level professionals and government officials presenting the up-to-the-minute on road and safety management trends and universal implementations of ITS. Rounding rotten the special skin will be the Gulf Traffic Awards, taking place on the 9th December, wherever industry leaders and innovators in traffic management, parking, infrastructure, road safety, and pure initiatives will be celebrated.