25 July 2018
Visiongain has launched a new aviation report Middle East & Africa (MEA) Airport Construction Market Report 2018-2028: Forecasts By Type (Domestic Airport, International Airport), By Region (Middle East (UAE, Saudi Arabia, Qatar, Egypt, Iran), Southern Africa (South Africa, Botswana, Namibia), Eastern Africa (Ethiopia, Tanzania, Kenya) , North Africa (Morocco, Tunisia, Algeria), Western Africa (Nigeria, Senegal, Ghana, Benin), Central Africa (Sudan, Niger, Chad) Plus Analysis Of Leading Companies.
Airport construction has been one of the key constituents for the infrastructural development of any city or country. Emerging cities of the world have been instrumental in development of the domestic airports to promote trade and tourism and stimulate economic growth. Major cities have been instrumental in the development of state of art facilities to cater to international traffic. The Middle-East and Africa region has been at the centre of airport construction activities over the past decade. Middle Eastern countries such as the UAE, Qatar, Saudi Arabia, and others have been dominating the region with high capital expenditures. Africa on the other side has been promoting development of the domestic airports for overall development of the regions that were difficult to access due to a number of macro-economic factors. This has led to increasing interests of many construction companies in the MEA region to improve their presence.
The Visiongain report analyst commented "As the aviation industry has been expanding its base across the developing regions as a potential mode of the domestic transport and emerging cities in the developing regions improving their connectivity, the airport construction market in the Middle-East and Africa region promises high growth in the coming decades. Growth of trade and tourism is one of the key factors for the construction of airports across the emerging cities of the MEA regions. Major city airports are expanding with state of the art facilities to cater to international traffic. The Middle East and Africa have become one of the major places of economic interest after the Asian region. This market promises tremendous potential for the airport construction companies in the coming decades."
Leading companies featured in the report who are involved in MEA airport construction activities includes Al Shafar General Contracting Co. LLC (ASGC), Bechtel Corporation, TAV Group, EGIS, HLG Contracting, ALEC Engineering and Contracting LLC, China State Construction Engineering Corporation, Arabtec Construction LLC and Lagan Construction Group.
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