The Middle East alone it is expected to invest over US$250 billion in new Railway Construction Projects

Pune, India, 27 November 2017: WiseGuyReports announced addition of new report, titled “Project Insight - Railway Construction Projects: Middle East and Africa”

The Middle East and Africa regions are likely to expand to their rail network in a big way. While investing in new Metro systems and new railroad and sub-Saharan Africa, especially in Nigeria and Tanzania, the infrastructure of railways increases their population and increases wealth. In the Middle East, only 250 billion dollars will be spent on various railway projects in the next decade, so that the new railway will expand to 67,000 kilometers.
The railway construction projects in the Middle East and Africa with a total value of US$543.5 billion, including project from announced to execution stage, says report study.

Report studies provide analysis based on CIC projects that show total project values for Middle East and Africa markets and analysis from Space and funding for the top 10 countries. Country, stage, price, km Top 50 projects have been listed for length and area known for railways. The list of top participants in this area is also shown to leading contractors, consultant engineers and project owners.

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Saudi Arabia accounts for highest value of railway projects with US$77.1 billion.

Based on the total value of this project, the companies are the top contractors in this field, China Railway Construction Corporation (CRCC) and then Yapi Merkezi Holding Inc After that, the plans for all projects will be considered, annual expenditure on 162 projects is expected to reach US $ 86.7 billion in 2019. In the pre-planning phase, the project was $ 103.1 billion, while planning phase projects amounted to 102.2 billion US dollars.
Even study explains that, Public investment is responsible for the funding of the largest scale projects, with 56% combined public and private funding, 41% and the remaining 3% projects financially only through private funding.
The Railway Construction Projects report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and regional major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2017-2022 market shares for each company.

The Railway Construction Projects market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. The study also provides information and data analysis of the market with respect to market segments based on media type, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the culture media market in the current and future scenario.
The region cover in the report are Saudi Arabia, Iran, Nigeria, Qatar, Egypt, Algeria, Kuwait, Tanzania, The UAE, and Tunisia.

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This release was published on openPR.