The Saudi construction sector has recorded growth of an average of 10% over the last five years. This has been helped in a large part by the government’s major infrastructure projects including the Kingdom’s upgrading of its railway network. Between 2009 - 2013 the Saudi Arabian construction industry grew by a Compound Annual Growth Rate […]
Etihad, operator of the UAE’s new railway network, has signed an agreement with Dubai’s Road Transport Authority to smooth operations as Etihad constructs the new railway network. The agreement will ensure that transport across Dubai is minimally impacted as the new railway lines are built. Communications are part of the agreement whereby Etihad will be […]
Oman has some of the lowest oil reserves in the GCC so is at the forefront of the region’s push toward the non-oil economy. A new report has been published that suggests that infrastructure investment will seriously boost the Sultanate’s tourism economy. The report, “Shaping the future of travel in the GCC”, has suggested that […]
A new railway planned for construction later this year is hoped to inject cash into two of the poorest countries in Central Asia and hopefully increase security with the revenues. The Tajikistan Afghanistan Turkmenistan (TAT) Railway should enable overland trade by linking in to the new international railway network, which could ultimately allow freight to […]
The Kuwaiti National Assembly has approved a national budget of KD34.15 billion that includes large infrastructure projects. With some members of the Assembly voicing disapproval, the vote was carried and building projects including a new metro for Kuwait City and the country’s section of the GCC Railway Network will commence this year. The budget was […]
A 305km railway linking the Black Sea ports of Armenia with Iran is progressing through the planning stages. The line will give Iran’s industry access to the Black Sea and a shortcut to the Mediterranean and European markets, while benefiting Armenia’s struggling economy by boosting trade and enabling access to the Caucuses and the Middle […]
Due to the high oil prices over the last two decades, member states of the Gulf Cooperation Council (GCC) have amassed very large wealth funds. During the latter part of the boom years these countries have been able to invest in infrastructure projects, and now the price has fallen are well placed to diversify their […]
A consortium led by Spanish firm Reunidas has been awarded the Project Management contract for the first stretch of the Oman Railway Network by Oman Ministry of Transport and Communications. The USD $146 million contract involves reviewing the preliminary design made by Itallferr earlier this year, and overseeing the first phase of construction which should […]
As part of the country’s Growth and Transformation Plan, Ethiopia is investing large sums of money in infrastructure projects. One of the major projects is a USD $475 million light rail project across the capital, Addis Ababa. The China funded light rail project is being built to ease congestion in the city. The 31km railway […]
In another attempt to tackle congestion brought on by the city’s massive growth, Istanbul’s government has announced plans to build the world’s biggest monorail network. Though no dates have been set for construction, the city’s authorities are set on using this system as an adjunct to Istanbul’s other mass transit systems currently being developed. The […]
