Another Pillar of Macroeconomic Growth-Airport Construction Projects: Middle East and Africa by Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Investment activity in airport construction and spreading out remains high in fast-mounting regions of Asia-Pacific and the Middle East and Africa despite general listlessness in the global economy. Middle East and African Airports Construction Projects, has revealed growing investment in new airports and expansions continues to rise despite ongoing worldwide repercussions from the financial crisis in 2008-2009. To cater the exponentially growing passenger and cargo traffic volume, African airports are undergoing fast expansion. The main demand to foster this rapid growth comes from tourism are the rise investment by foreign multinationals. Government authorities and developers are investing billions of dollars in dozens of airport expansion and rehabilitation works across Africa. In addition, air travel across the continent is predicted to experience a massive heave, which will continue to fuel the industry’s development. In particular, construction activity remains high in fast-growing regions of Asia-Pacific and the Middle East and Africa. The two regions outpace other global regions, with total planned investment in airport mega-projects worth airport construction projects valued of US$163.5 billion. The top 10 African countries (in terms of the value of their project pipelines) account for 83% of the total value of airport construction projects in the region, with a total of US$135.6 billion. These are, in order of project value, the UAE, Qatar, Saudi Arabia, Kuwait, Iraq, Angola, Iran, Ethiopia, Libya and Benin. Projects at the execution stage have a total value of US$118.9 billion, while those in the planning stage total US$28.4 billion. With Dubai being the world’s busiest international airport and Saudi Arabia requiring more capacity to cater for the millions of pilgrims visiting every year, construction in the Middle East and Africa is following demand. In 2014, Africa initiated 40 new airport projects in a bid to expand its airport infrastructure. The continent also expedited privatisation of airlines. In Eastern Africa, Ethiopia has launched major infrastructure projects designed to expand the capacity for handling passengers passing through its capital’s airport. In Tanzania, plans are underway to expand and renovate Kilimanjaro International Airport at a cost of US$40m, which will see the airport handle more passengers and airlines. The airport upgrading project will involve construction of new terminal buildings, runways, aprons and taxiways, with completion expected by 2017. In North Africa, Egypt is undertaking refurbishment of Cairo International Airport Terminal 2 at a cost of USD 387 million by the Turkey-based Limak Holding. The World Bank is financing the project, which would render a complex capable of handling 8.5 million passengers per year when completed this year. The UAE leads airport project investment in the region, with US$52.2 billion, followed by Qatar with US$23.0 billion and Saudi Arabia with US$17.8 billion. Related companies have successfully completed a range of airport projects. In doing so, they have become recognised as one of the leading international design and construction contractors in the Middle East and North Africa. These regions saw the ability to deliver projects ranging from major international terminals, runways and associated infrastructure to regional and military airports. Services now encompass design, development, construction, operation, and maintenance. HEADWAY PROJECTS INCULCATE: Main passenger terminal buildings Runways, taxiways and aprons Hangars and maintenance facilities Associated infrastructure including transport systems and fuel storage The airport is a focal-point for the growth of business and tourism throughout the United Arab Emirates. Although, the African aviation industry is still struggling because government support including subsidies is rare leaving then with less capacity to finance their expansion plans. Another hurdle that the African aviation industry is grappling with is the issue of security of its airspace. This has been exacerbated by accidents recorded in Africa, with the continent recently recording accidents higher than the global average. Partly to blame is inconsistency and slow pace of adoption of international-level security and safety standards and related regulations. The industry is all set to witness mammoth growth in coming years. To know more about publication, click on the link below https://www.kenresearch.com/manufacturing-and-construction/infrastructure/airport-construction-projects-middle-east-africa/109197-97.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Africa Airport construction regulations, Africa construction projects, Airport construction industry Africa, airport construction market analysis, Airport construction Market CAGR, Airport construction Market Companies Revenue, Airport construction Market Company Profiles, Airport construction Market Competition Analysis, Airport construction Market Competitive Landscape, Airport construction Market Customer preference, Airport construction Market Future Analysis, Airport construction Market Future Projections, Airport construction Market Import Export Scenario, Airport construction Market Industry Developments, Airport construction Market Industry Size, Airport construction Market Insight, Airport construction market Middle East, Airport construction Market Research Report, Airport construction Market Sales Growth, Airport construction Market Sector Growth, Airport construction Market Segmentation, airport construction market share, airport construction market size, Middle East Airport construction industry developments, Middle East Airport construction regulations, Middle East and Africa Airport Construction investment, Middle East upcoming construction projects