Construction in the GCC infrastructure sector is driven by major infrastructure projects being developed in Saudi Arabia, the UAE and Qatar.
As per BNC project intelligence database, the GCC infrastructure market has an estimated value of over USD 400 billion. Some of the notable projects in these countries include the Madina Metro in Saudi Arabia (USD 8.0 billion), the Midfield Terminal Building in the UAE (USD 3.6 billion) and the Gold Line Underground Doha Metro Network in Qatar (USD 3.5 billion).
The GCC infrastructure market is expected to undergo positive growth over the next few years as the GCC region prepares to host global events such as Dubai Expo – 2020 and FIFA - 2022.
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