Qatar transport projects valued at $30bn

Qatar transport projects valued at $30bn :A new report has revealed that Qatar is the second largest rail and transport projects market in the Gulf region at the moment, with ongoing projects valued at $30 billion.

Much of this is down to the arrival of the FIFA World Cup in the nation in 2022, which has led to the commissioning of a number of rail, metro, tram and BRT projects.

The (GCC) Gulf Co-operation Council now accounts for more than 50 rail and transport projects worth a total of $140 billion.

Saudi Arabia currently has the greatest potential with project worth $50 billion due to be completed in the next 12 years, while the UAE has $27 billion worth of work scheduled to be finished by 2030.

Meed Projects revealed that there are now over 100 separate railway, metro, monorail, tram and BRT projects under bid, design or study in 14 nations in the Middle East and North Africa.

Qatar transport projects valued at $30bn

Source : www.trl.co.uk

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