Projects delivery key focus for region’s metro schemes
- $89bn-worth of rail and metro schemes are under execution in the MENA region, and a further $245bn are planned, according to MEED Projects
- MENA Rail & Integrated Transport Summit to take place on November 8 & 9.
Delivering projects to time and budget is expected to be the main focus of most rail operators and contractors over the medium-term as global events such as the Dubai Expo 2020 and the 2022 FIFA World Cup draw closer, according to business intelligence platform MEED.
Dubai expects up to 25 million visitors for the Expo 2020 which takes place between October 2020 and April 2021, while Doha expects one million visitors for the 2022 FIFA World Cup.
In addition to these events, the sustained increase in urban population that has resulted in congestion in most cities is the main factor driving metro projects in the region. “The GCC region expects its urban population to increase by 65 million people by 2050,” according to Richard Thompson, Editorial Director at MEED. “This requires a long-term solution in terms of public transportation systems, which would inevitably include a comprehensive rail or metro infrastructure.”
The $2.9bn contract for the Dubai Metro extension to the Expo 2020 site was awarded in May, with a test run expected to commence in fourth quarter of 2019. Some $16bn-worth of projects related to the first phase of the Doha Metro is under execution in Qatar, while work is progressing on the $23bn Riyadh Metro project. Construction work for most packages of the Doha Metro is expected to be completed in 2018, while the Riyadh Metro is expected to be completed in 2020.
Some $89bn-worth of rail and metro schemes are under execution in the MENA region, and a further $245bn are planned, according to regional projects tracker MEED Projects.
The considerable opportunities and challenges that the MENA region presents for clients, contractors, consultants and suppliers alike, will be detailed at MEED’s 12th annual MENA Rail & Integrated Transport Summit in Dubai which is being held from 8-9 November 2016 at the Address Dubai Marina Hotel in Dubai, UAE.
“Dubai has shown a clear example of how a metro infrastructure could serve a city that is aiming to expand continuously and rapidly, and very soon Doha and Riyadh will also reap similar benefits” explains Thompson.
Beyond the construction phase, the rail owners and operators are also being urged to focus on integrating the long-term operation and maintenance (O&M) in the overall plan of their rail and metro systems as well as in integrating rail with other modes of public transport systems such as roads and maritime networks in order to optimise efficiency and foster convenience for users.
The two-day summit will be held under the patronage of H.E. Dr. Abdulla Belhaif Al Nuaimi, UAE Minister of Infrastructure Development and Chairman of the UAE Federal Transport Authority – Land and Maritime and in partnership with the UAE Federal Transport Authority – Land and Maritime, UK Department of Trade & Investment, Hitachi, Bentley Arep, Vossloh, IO Active, Bechtel, Parsons and DLA Piper.
Visit https://menarailprojects.meed.com/ for more information.