GCC countries invest $142bn in road and bridge projects

26 September 2011

The total value of Gulf Cooperation Council (GCC) countries' existing and planned road and bridge construction projects has been estimated to be $142bn, a study by Ventures Middle East claimed.

The study revealed that United Arab Emirates (UAE) leads in infrastructure spending, reaching $58bn, which includes the Dubai Metro Green Line and Abu Dhabi's $25bn ground transport project.

Saudi Arabia has $48bn 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 $17bn underway.

Kuwait's transport infrastructure spending tops $9.4bn, Oman has spent $8bn, while Bahrain has expensed of $1bn in transport infrastructure.

The main goal of these infrastructure projects is to raise the level of road safety and decrease traffic congestion in the region.