Project Insight-Airport Construction Projects: Middle East and Africa

(EstateNewsWire.com, October 06, 2018 ) GlobalData’s Construction Intelligence Center (CIC) is currently tracking airport construction projects in the Middle East and Africa with a total value of US$196.4 billion. Of this, US$42.1 billion is in the planning stage.

The UAE accounts for the highest value with US$53.9 billion, followed by Qatar with projects valuing US$26.0 billion. Saudi Arabia and Kuwait follow with airport construction projects with a value of US$20.3 billion and US$18.8 billion respectively. The largest projects currently in the pipeline are the US$37.1 billion Al Maktoum International Airport in The UAE and the US$26.0 billion Hamad International Airport in Qatar.

The largest and busiest airport in the Middle East is in Dubai, in the United Arab Emirates (UAE), with total passenger traffic reaching 88.2 million in 2017 edging closer to the world number one airport Atlanta, Georgia with 103.9 million. Airport Council International (ACI) forecasts that the Middle East’s air passenger traffic will grow by 17.9% in the period 2016 - 2040. The Middle East acts as an ‘aviation bridge’ for long haul flights north to south and east to west so will increase investment to develop this role.

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Key Highlights:
- The total pipeline of projects is valued at US$196.4 billion with US$20.9 billion being spent in 2018 and US$25.9 billion in 2019.
- The highest value of projects are at the execution stage with a total value of US$101.2 billion, followed by projects in planning with US$42.1 billion.
- Projects in the pre-execution stage amount to US$37.9 billion, while those at the pre-planning stage total US$15.2 billion.
- Assuming all projects proceed as planned, spending will reach US$25.9 billion in 2019 and fall to US$15.4 billion in 2022. The highest value of project completions will be in 2022, with a value of US$32.6 billion.
- The top contractors in the region are Al Jaber LEGT Engineering & Contracting LLC based in the UAE and Consolidated Contractors Company (Kuwait) WLL in Kuwait. The top engineers are Leslie Jones Group and HOK Group both based in the US.

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 10 countries.
- The top 50 projects are listed for the region giving country, stage, value of airport 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 the UAE, Qatar and Saudi Arabia.

Reasons to buy:
- Gain insight into the development of the airport 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.

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Key Points from TOC:
1. Regional Overview 4
2. Key Operators 10
3. Project Analytics by Country 11
3.1. The UAE 11
3.2. Qatar 12
3.3. Saudi Arabia 13
3.4. Kuwait 14
3.5. Bahrain 15
3.6. Lebanon 16
3.7. Iran 17
3.8. Angola 18
3.9. Iraq 19
3.10. Nigeria 20
4. Methodology 21
5. Disclaimer 22

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