Project Insight: Road Construction Projects - Middle East and Africa
Summary
Construction Intelligence Center (CIC) is currently tracking road related construction projects in the Middle East and Africa with a total value of US$198.7 billion. Of this, US$128.9 billion is in the execution stage and US$29.5 billion is in the pre-execution stage. Qatar accounts for the highest value with US$32.0 billion, followed by Algeria with projects valuing US$19.5 billion. Kenya and Iran follow with road construction projects with a value of US$15.0 billion and US$12.0 billion respectively. The highest value project tracked by the CIC in the region is the US$10.2 billion Hauts-Plateaux National Highway, which involves the construction of a 1,020km highway between Tlemcen and Tebessa in Algeria, followed by the US$9.0 billion Lusail Infrastructure Development in Qatar.
The region lags behind other global regions for a forecasted total value of cumulative transport infrastructure investment to 2025 and this is reflected in the value of road projects tracked by CIC which lags behind the other three regions. Sub-Saharan Africa is however forecast to achieve the fastest average annual growth rate in regional infrastructure market, and is expected to achieve over 11% per year in transport investment in the period of 2015 to 2025. The majority of this growth is expected in roads and ports. Road investment will gather pace in the Middle East up to 2025, with car ownership increasing sharply. Therefore, road investment is forecast to rise by 116%, to reach US$31 billion per year in the period 2015 to 2025.
Key Highlights
Scope
Reasons to Buy
Summary
Construction Intelligence Center (CIC) is currently tracking road related construction projects in the Middle East and Africa with a total value of US$198.7 billion. Of this, US$128.9 billion is in the execution stage and US$29.5 billion is in the pre-execution stage. Qatar accounts for the highest value with US$32.0 billion, followed by Algeria with projects valuing US$19.5 billion. Kenya and Iran follow with road construction projects with a value of US$15.0 billion and US$12.0 billion respectively. The highest value project tracked by the CIC in the region is the US$10.2 billion Hauts-Plateaux National Highway, which involves the construction of a 1,020km highway between Tlemcen and Tebessa in Algeria, followed by the US$9.0 billion Lusail Infrastructure Development in Qatar.
The region lags behind other global regions for a forecasted total value of cumulative transport infrastructure investment to 2025 and this is reflected in the value of road projects tracked by CIC which lags behind the other three regions. Sub-Saharan Africa is however forecast to achieve the fastest average annual growth rate in regional infrastructure market, and is expected to achieve over 11% per year in transport investment in the period of 2015 to 2025. The majority of this growth is expected in roads and ports. Road investment will gather pace in the Middle East up to 2025, with car ownership increasing sharply. Therefore, road investment is forecast to rise by 116%, to reach US$31 billion per year in the period 2015 to 2025.
Key Highlights
- The total pipeline of projects is valued at US$198.7 billion with US$28.4 billion being spent in 2019 and US$21.8 billion in 2021.
- The highest value of projects are at the execution stage with a total value of US$128.9 billion, followed by projects in pre-execution with US$29.5 billion.
- Projects that are in the pre-planning stage total US$22.6 billion, while those in the planning stage have a value of US$17.6 billion.
- Assuming all projects in the current pipeline proceed as planned, spending will reach US$28.4 billion in 2019 and fall to US$16.3 billion in 2022. The highest value of project completions will be in 2019, with a value of US$65.6 billion.
- The top contractors in the region are AlJaber Engineering LLC and Qatari Diar VInci Construction both based in Qatar. The top engineers are Hyder Consulting Middle East Ltd and Halcrow Group Ltd both based in The UK.
Scope
- 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 of road construction.
- Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.
- Country profiles are provided for the top 10 countries including Qatar, Algeria and Kenya.
Reasons to Buy
- Gain insight into the development of the road construction sector.
- Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
- Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.
Table of Contents
1. OVERVIEW
2. PROJECT ANALYTICS BY COUNTRY
3. ABOUT THE AUTHOR
List of Tables
List of Figures
