The GCC countries are known worldwide for their infrastructural achievements. In their efforts towards economic diversification, the oil-rich countries here are investing heavily in transport infrastructure: airports, ports, railways, and roadways. Positioned between the major economies of the East and the West, GCC’s geographical location has made it an international aviation hub. In addition, international events such as World Expo 2020 in Dubai, QNV 2030 and the FIFA World Cup 2022 in Qatar, considered as brand-building events by the countries involved, have necessitated massive airport construction activity in the region.
With a few GCC countries trying to meet the existing gap in aviation infrastructure and the others trying to build up supply ahead of the rapidly growing demand, the region is witnessing remarkable levels of airport construction activity. Covered in this Report This report presents a detailed picture of the current scenario and the growth prospects of the Airport Construction market in the GCC countries for the period 2015-2019. To calculate the market size, the report considers investment in airport construction in the five GCC countries.
The GCC countries covered in the report are Kuwait, KSA, Oman, Qatar, and UAE. It does not consider Bahrain. The market sizing has been carried out based on the historical investments in airport construction and the percentage contribution of the Construction sector to the GDP of the GCC. A brief description of the Construction industry in the GCC countries has also been included. View our full TOC here Key Regions KSA Kuwait Oman Qatar UAE Key Vendors ALEC Ltd. BESIX Group
Murray and Roberts Holdings Ltd. Saudi Binladin Group TAV Construction Other Prominent Vendors Al Habtoor Engineering Hyundai Engineering and Construction Company China State Construction and Engineering Corporation Key Market Driver Increase in Passenger Demand For a full, detailed list, view our report. Key Market Challenge Conditions of Foreign Workers For a full, detailed list, view our report. Key Market Trend Increase in Brownfield Airport Projects For a full, detailed list, view our report.
Key Questions Answered in this Report What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? For more insights, view our Airport Construction Market in GCC Countries 2015-2019 report.