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Mazaya Monthly Real Estate Report
Week 1 - JULY 2015
Road and Rail Projects Promise Rewarding
Investment Opportunities
As the development wheel continues to
revolve, strategic plans appear endless
within the GCC’s extending beyond
ten and twenty years corresponding
to the State vision of social, economic,
political progress. Other main sectors
perceived to function effectively to
maximize the utilization of national
resources at each phase of growth
are at the heart of new plans.
Countries within the region embrace
many similarities in terms of their
development plans especially with
regards to their overall goals, however
these plans differ in terms of their
execution and stages followed. In this
connection, the success achieved by
these sectors in the GCC’s motivates
a replication of similar successes in
neighbouring countries. Nevertheless,
most of the development plans
adopted in the region target increasing
the competitiveness and productivity
across the region and worldwide, in
order to diversify national income
sources by maximum utilisation of oil
profits. The firm stand of the economies
in the region - one year on from the great
decrease in oil prices is great evidence
of the new evaluation and amendment
stage the region is experiencing that
is aiming to gain future successes.
Al-Mazaya Holdings Weekly Report refers
to road and rail projects unprecedentedly
sought in the GCCs with great investments
currently concentrated therein this
domain. These projects constitute a
great portion of government expenditure
that remain unchanged, nor cancelled
or postponed - same as in the viable
expenditure plans on the major sectors
as health, education, oil and gas. Data
revealed on the GCC Rail Network Project
state the venture costs may exceed USD20
billion adding a quality breakthrough to
the transportation system in the region.
This project is inseparable to the long-
term development projects targeting
more integration and harmony across
the region, especially considering the
significance of rail networks facilitating
economic and commercial interaction
within the region and globally. The project
is further environmentally significant
in reducing the pollution impacts of
transportation
activities,
therefore
enhancing sustainable concepts. The
GCC’s currently seek to enforce a world
standardrailnetworkthatissimultaneously
efficient and secure - adding to the
efficiency of logistics within region which
have been continuously increasing.