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Atlas Copco Group recently created a fourth business area, Construction Technique, that will enable the company to intensify the focus on construction customers and products and to optimise the synergies between its construction-related divisions.
Saudi Railway Co. (SAR) will construct a 120km railway to link the countrys two industrial hubs of Dammam and Jubail.
The Saudi government signed contracts worth US$630mn with national companies to work on road projects across the kingdom.
A five-year project for French engineering group Alstom to build an above-ground urban metro line in Baghdad will cost US$1.5 billion and be funded by the French government and banks, Iraqi officials said.
Dubai has hired four local and international banks to raise US$800mn by securitising Salik road toll receipts and will use the proceeds to fund infrastructure projects according to a recent government statement.
