Project Insight - Road Construction Projects: Middle East and Africa
The rate of car ownership in the Middle East is likely to increase greatly in the coming decade. Accordingly, road investment is expected to more than double, to reach US$31 billion per year by 2025. This report provides detailed analysis, information and insights based on 360 CIC projects in the Middle East and Africa, including detailed metrics on the region's road construction projects (as tracked by CIC) split by country and value. Country profiles are provided for the top 10 countries including Algeria, Qatar and Nigeria.
Timetric’s Construction Intelligence Center (CIC) is currently tracking road construction projects in the Middle East and Africa to a total value of US$212.0 billion, which includes projects from the announced to execution stages. Assuming all projects proceed as planned spending will reach US$25.2 billion in 2019 and fall to US$15.0 billion in 2021. The highest value of project completions will be in 2018, with a value of US$42.8 billion. Algeria accounts for the top two projects by value for the region with the US$13.0 billion East–West Highway Development and the US$10.2 billion Hauts-Plateaux National Highway which are both in execution
The report provides analysis based on CIC projects showing total project values for the Middle East and Africa and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value and km length if known. Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
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