Sep 16 2012 |
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Qatar leads GCC rail projects with projects valued at more than $40 billion
Dubai, UAE. 16 September 2012: Qatar's railway projects are estimated to top all GCC countries, with an estimated US$41.8billion[1] in the pipeline, creating significant country growth, investment and job opportunities for nationals.
Across the GCC as a whole, as much as US$149 billion worth of rail projects are in the planning or construction stages over the next decade, according to the Zawya report commissioned by The Big 5 2012. In fact, among the GCC countries Qatar remains one of the most buoyant in this section, particular with ongoing projects at various stages of development, many of which are scheduled to be ready in time to host the Qatar 2022 FIFA World Cup.
Rail projects include national and inner-city railway systems, some of which will ultimately converge to form part of the ambitious GCC Rail project, which aims to unify the region and enhance connectivity and freight movement.
A clear indicator of this impending expansion is the rise in participation from rail related service providers and Qatar-based business at The Big 5, taking place from 5-8 November at Dubai World Trade Centre. The Big 5 is the largest event for the building and construction industry in the Middle East and will host some of Qatar's key industry players, with a Qatar pavilion and exhibiting companies such as Qatar Steel Company, Qatar Development Bank and Qatar National Aluminum Panel Company.
Middle East Concrete, PMV Live and FM Expo will all take place alongside The Big 5 2012. Developed to cater to industry demand, together the events provide buyers with access to products and services from every sector of the industry.
About The Big 5
The Big 5 is the largest event for the building and construction industry in the Middle East. It attracts more than 2,500 exhibitors from 70 countries, taking place at the Dubai World Trade Centre.
For more than 30 years The Big 5 has provided a business and networking platform for the construction industry. It is an opportunity for buyers and sellers of construction products and services from around the world to source an astounding array of the very latest technologies, innovations and techniques.
More than an exhibition, the event provides attendees with unrivalled access to information, intelligence, contacts and hands on experience. Experts from around the world engage in the industry's most topical discussions, finding solutions, facing challenges and seizing opportunities.
It is the gateway to the Middle East and North Africa (MENA) providing both exhibitors and visitors with the opportunity to conduct serious business with like-minded professionals.
The Big 5 2012 is supported by gold sponsors Massbetter and Rajhi Steel.
www.thebig5.ae
About dmg :: events
An international exhibition and publishing company, dmg :: events produces over 250 market-leading trade exhibitions, consumer shows and fairs each year and publishes more than 40 related magazines, newspapers, directories and market reports. dmg :: events employs 700 people and maintains a worldwide presence through more than 30 offices in the United States, Canada, the United Kingdom, France, the United Arab Emirates, China, Australia and New Zealand. dmg :: events is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT), one of the largest and most successful media companies in the United Kingdom. Additional information on dmg :: events can be found at www.dmgevents.com.
For further information, please contact:
Ketchum Raad Middle East
Susan Parker: susan.parker@ketchum-raad.com/ +971 50 101 4403
Priscilla Stanley: Priscilla.stanley@ketchum-raad.com/ +971 50 868 6361
Lena Arkawi: Lena.Arkawi@Ketchum-raad.com/ +974 3 383 7736
[1] Zawya report on GCC rail for The Big 5 2012
© Press Release 2012
© Copyright Zawya. All Rights Reserved.
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