Abu Dhabi, UAE, 17 September 2011: Major road and bridge projects valued at US$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.
Highlighted by Abu Dhabi’s US$25 billion Surface Transport Master Plan (STMP), the UAE’s
US$58 billion worth of road and bridge projects represents almost 40 per cent of the regional total.
Saudi Arabia has US$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 US$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 12-14 December 2011 at the Dubai International Convention & Exhibition Centre, Gulf Traffic is firmly established as the region’s premier event covering road, rail, parking and public transport.
Kuwait will be one of the most active markets for road projects in the next couple of years, with projects worth nearly US$9.4 billion in the pipeline, including the Jaber Al Ahmed Al Sabah Causeway.
Oman has road projects worth US$8 billion - 5.5 per cent of the regional total – with another US$2 billion worth of schemes at various stages in Bahrain.
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Increasing road safety and reducing traffic congestion are major concerns in the GCC countries which, according to the UN, have some of the highest road traffic fatality rates in the world.
These will be key issues for debate at the Gulf Traffic Conference, as regional and international experts in road traffic and transportation set out to establish the top priorities in terms of development.
Richard Pavitt, Exhibition Director for Gulf Traffic, said: “In support of the UN’s Decade for Action for Road Safety, the Gulf Traffic 2011 Conference provides the platform for regional and international leading experts in road traffic and transportation to collaborate with one another and establish what is already in the region, and clarify what needs to be brought in an effort to further develop and ensure road safety.”
The two-day conference features a line-up of 14 expert speakers, with key topics including improving road safety through the role of the police, public awareness and participation. Other major issues include developing strategies and plans for plausible alternative means of transport for residents, and exploitation of the advancements made and challenges faced in the implementation of intelligent transport systems.
Informa Exhibitions, organisers of Gulf Traffic, have so far confirmed an exhibitor line-up of 149 contractors, manufacturers and suppliers from 27 countries in the Middle East and overseas.
Run every two years, the fifth edition of Gulf Traffic is supported by Dubai Police and is held under the patronage of His Excellency Lt. General Dhahi Khalfan Tamim, Commander in Chief of Dubai Police.
Caption: Road and bridge projects in the GCC are currently worth US$ 142 billion