The UAE and Qatar plan to invest a total of US$281.84bn by 2033, with two most promising sectors being buildings and roads, according to INTERMAT Construction Industry Observatory
The report has identified some of the region?s flagship projects. These include road improvements in Dubai and Abu Dhabi, which is worth US$864.39mn, and Qatar?s Smart City of Lusail of US$47.17bn and the road drainage programme US$17.69bn to US$23.58bn.
The study provides construction-equipment manufacturers with strategic data on 12 countries in the EMEA region, handpicked for their planned investment levels in infrastructure, public works and buildings. According to the report, the EMEA region is expected to attract projects worth US$1,886.8bn in next 30 to 40 years.
The INTERMAT Construction Industry Observatory is divided into application sectors, airports, buildings, railways, mining and quarries, ports, roads, as well as transport and offers an overview of the major projects and the cross-border flows of construction equipment (imports and exports).
As estimated in the observatory study, the six European countries studied in the report, Belgium, France, Germany, Italy, The Netherlands and the UK, are set to receive around US$1,090.81bn investment between 2030 and 2050.
The potential for business is also considerable in Africa, where US$362.03bn of investment is planned by 2040. The four African countries that were studied include Morocco, Algeria, C?te d'Ivoire and Kenya.
With an aim to support the international business for the construction and infrastructure sector, INTERMAT trade show will take place from 23-28 April 2018, at the Paris-Nord Villepinte exhibition centre in France.
Isabelle Alfano, exhibition director, said, ?INTERMAT 2018 is the exhibition for the economic recovery and technological innovation in the construction sector. The Europe, Middle East and Africa zone that we cover holds a wealth of opportunities for companies in the sector.?
Comprising four hubs of expertise, Earthmoving and Demolition, Roads, Minerals and Foundations, Buildings and Concrete and Lifting, Handling and Transportation, INTERMAT Paris is further expected to help exhibitors and visitors to meet their current and future challenges.
