Railway Construction Projects Dominate in the MEA Region, According to Timetric Report Now Available at MarketPublishers.com27 Sep 2016 • by Natalie Aster
LONDON – Being at different stages of development, the construction projects in the region are presently in 4 major categories, namely roads, railways, tunnels & bridges, and trams & metros.
The combined value of the road and railway construction projects being carried out in the region’s 14 countries is estimated at USD 783.4 billion as of August 2016.
Within more than 300 projects covered, the average value of road and rail projects stands at USD 2.54 billion. Railway projects take the lead in the region, with a combined valuation of USD 449.8 billion, capturing 57% of the overall value.
Amid the 14 countries, Nigeria takes the lead pertaining to the overall value of all sectors, with a project pipeline being estimated at USD 151.6 billion as well as for railways projects valued at USD 119.3 billion. Saudi Arabia comes second with the pipeline value being worth USD 113.9 billion.
Nigeria has 3 of the 10 leading projects, with the trans-West African coastal highway having the biggest value of USD 59 billion and planning to see the start in 2018.
New research report “Project Insight - Road and Rail Construction Projects in the Middle East and Africa” created by Timetric provides granular market analysis, trustworthy information and deep insights based on tracking more than 300 CIC projects in the 14 major countries of the Middle East and Africa. The study presents detailed quantitative data on the region's road and rail construction projects, broken down by type, nation, and value. The research report casts light on the major trends in the domain and examines the influence they exert over the insurance sector. The research publication gives an overview of private equity transactions and casts light on inorganic growth opportunities in high growth markets.
More new research studies by our partner are available at its page.