GCC nations plan $1 tn infra development
Governments across the GCC plan to invest $1 trillion to develop their infrastructure according to a recent report by Deloitte. Of these countries, Nabil Salim, AAA Construction Equipment Director, states that Qatar and Saudi Arabia are the two countries with the most opportunity to attain a favourable return on investment.

The report by Deloitte highlights the investments made by the Saudi Arabian government including the estimated $400 billion plans to build schools, houses, universities, new railway infrastructure, airport extensions and road improvements.

Furthermore, with the hosting of the 2022 FIFA World Cup in Qatar, projects planned and underway are estimated to be US$230 billion, reports Deloitte. The significant investments being made across the GCC provide both positive and negative trends in the demand and supply of heavy machinery in the region.