• Agrofood
  • Business & Economy
  • Construction
  • Technology
  • Energy
  • Hospitality
  • Events
    • Event News
    • Upcoming Events
IFP Info - News
  • Agrofood
    • All
    • Agriculture
    • Environment
    • Food
    MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

    MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

    Oman to Launch Nation’s First Camel Cheese Factory in Dhofar

    Oman to Launch Nation’s First Camel Cheese Factory in Dhofar

    Oman: Contributions of the AgriFish Fund to the fisheries sector

    Oman: Contributions of the AgriFish Fund to the fisheries sector

    GCC Indoor Farming Market to Reach USD 1.43 Billion by 2029 Amid Rising Demand for Sustainable Agriculture

    GCC Indoor Farming Market to Reach USD 1.43 Billion by 2029 Amid Rising Demand for Sustainable Agriculture

    Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

    Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

    Africa Requires $100 Billion by 2035 to Transform Its Food Systems

    Africa Requires $100 Billion by 2035 to Transform Its Food Systems

    Oman Trials Drones for Desert Locust Control

    Oman Trials Drones for Desert Locust Control

    Qatar Sells Over 37,000 Tons of Local Vegetables in 2024

    Qatar Sells Over 37,000 Tons of Local Vegetables in 2024

    Egypt Signs Strategic Agreement with Spain’s Tejedor Lazaro to Advance Aquaculture Sector

    Egypt Signs Strategic Agreement with Spain’s Tejedor Lazaro to Advance Aquaculture Sector

    Trending Tags

    • Business & Economy
      • All
      • Business
      • Economy
      • Finance
      • Industry
      • Technology
      • Trade
      • Transport & Logistics
      Empowering Oman’s Future: Turning AI Vision into Practical Impact

      Empowering Oman’s Future: Turning AI Vision into Practical Impact

      Oman’s Logistics Sector Gets $260 Million Boost with New Investment Deals

      Oman’s Logistics Sector Gets $260 Million Boost with New Investment Deals

      Iraq and Qatar Deepen Strategic Ties with Focus on $17B Development Road Project

      Iraq and Qatar Deepen Strategic Ties with Focus on $17B Development Road Project

      Iraq Targets $60.4 Billion in Non-Oil Revenues by 2028

      Iraq Targets $60.4 Billion in Non-Oil Revenues by 2028

      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

      Oman Forecasts 3.4% Economic Growth for 2025

      Oman Forecasts 3.4% Economic Growth for 2025

      Oman’s Private Sector Pumps Over $5 Billion into Economic and Free Zones in 2024

      Oman’s Private Sector Pumps Over $5 Billion into Economic and Free Zones in 2024

      Oman’s Free Zones Attract Over $4 Billion in Private Investments in 2024

      Oman’s Free Zones Attract Over $4 Billion in Private Investments in 2024

      More than 3,000 investors from 60 countries receive long-term resident visas in Oman

      More than 3,000 investors from 60 countries receive long-term resident visas in Oman

      Trending Tags

      • Construction
        • All
        • Infrastructure
        • Real Estate
        Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

        Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

        Iraq Signs €130 Million Infrastructure Financing Deals with France

        Iraq Signs €130 Million Infrastructure Financing Deals with France

        Swiss Firm to Upgrade Baghdad International Airport

        Swiss Firm to Upgrade Baghdad International Airport

        Qatar Set to Award Major Contracts for Equestrian and Education Infrastructure Projects

        Qatar Set to Award Major Contracts for Equestrian and Education Infrastructure Projects

        Iraq Breaks Ground on Al-Ward Residential City in Baghdad

        Iraq Breaks Ground on Al-Ward Residential City in Baghdad

        Qatar’s Real Estate Market Gains Global Attention as Doha Emerges as Wealth Hub

        Qatar’s Real Estate Market Gains Global Attention as Doha Emerges as Wealth Hub

        Iraq’s Development Road: A $20B Vision for Regional Prosperity

        Iraq’s Development Road: A $20B Vision for Regional Prosperity

        Qatar’s Ashghal Launches Major Infrastructure Tenders for University Sports Complex and Q-Post HQ

        Qatar’s Ashghal Launches Major Infrastructure Tenders for University Sports Complex and Q-Post HQ

        Qatar’s $5.5 Billion Simaisma Project to Feature Trump-Branded Development

        Qatar’s $5.5 Billion Simaisma Project to Feature Trump-Branded Development

        Trending Tags

        • Technology
          • All
          • Business Tech
          • IT & Telecom
          Empowering Oman’s Future: Turning AI Vision into Practical Impact

          Empowering Oman’s Future: Turning AI Vision into Practical Impact

          Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

          Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

          Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

          Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

          How AI Is Shaping the Workforce of Tomorrow

          How AI Is Shaping the Workforce of Tomorrow

          How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

          How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

          Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

          Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

          Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

          Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

          Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

          Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

          How AI Drives the Success of MENA’s Mega Projects

          How AI Drives the Success of MENA’s Mega Projects

          Trending Tags

          • Energy
            • All
            • Oil & Gas
            • Power & Electricity
            • Renewable Energy
            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

            Iraq Allocates $763.5 Million to Expand Residential Solar Energy

            Iraq Allocates $763.5 Million to Expand Residential Solar Energy

            Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

            Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

            Iraq Begins Work on 921MW Al-Nasiriyah Power Plant

            Iraq Begins Work on 921MW Al-Nasiriyah Power Plant

            Africa and Middle East Set to Add 2.9 GW of Onshore Wind Capacity in 2025

            Africa and Middle East Set to Add 2.9 GW of Onshore Wind Capacity in 2025

            China’s Shanghai Electric to Build $200M Wind Turbine Facility in Oman

            China’s Shanghai Electric to Build $200M Wind Turbine Facility in Oman

            Iraq’s Solar Energy Push Draws Interest from 150 Companies

            Iraq’s Solar Energy Push Draws Interest from 150 Companies

            Trending Tags

            • Hospitality
              Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

              Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

              Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

              Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

              Oman Charts a Visionary Course Toward Tourism-Driven Growth and Economic Diversification

              Oman Charts a Visionary Course Toward Tourism-Driven Growth and Economic Diversification

              Qatar Set to Welcome Record 5.3 Million Tourists in 2025

              Qatar Set to Welcome Record 5.3 Million Tourists in 2025

              Business Travel in MENA Projected to Hit $270.8 Billion by 2030

              Business Travel in MENA Projected to Hit $270.8 Billion by 2030

              Qatar Ranks Second in UN Tourism Online Academy Participation

              Qatar Ranks Second in UN Tourism Online Academy Participation

              Qatar’s Hotel Market Set for Strong Growth, Revenue to Near $537 Million in 2025

              Qatar’s Hotel Market Set for Strong Growth, Revenue to Near $537 Million in 2025

              Can Iraq Become the Region’s Next Tourism Success Story?

              Can Iraq Become the Region’s Next Tourism Success Story?

              Oman’s Tourism Sector to Create Over 500,000 Jobs and Attract $49 Billion by 2040

              Oman’s Tourism Sector to Create Over 500,000 Jobs and Attract $49 Billion by 2040

              Trending Tags

              • Events
                • Event News
                • Upcoming Events
              No Result
              View All Result
              • Agrofood
                • All
                • Agriculture
                • Environment
                • Food
                MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

                MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

                Oman to Launch Nation’s First Camel Cheese Factory in Dhofar

                Oman to Launch Nation’s First Camel Cheese Factory in Dhofar

                Oman: Contributions of the AgriFish Fund to the fisheries sector

                Oman: Contributions of the AgriFish Fund to the fisheries sector

                GCC Indoor Farming Market to Reach USD 1.43 Billion by 2029 Amid Rising Demand for Sustainable Agriculture

                GCC Indoor Farming Market to Reach USD 1.43 Billion by 2029 Amid Rising Demand for Sustainable Agriculture

                Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

                Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

                Africa Requires $100 Billion by 2035 to Transform Its Food Systems

                Africa Requires $100 Billion by 2035 to Transform Its Food Systems

                Oman Trials Drones for Desert Locust Control

                Oman Trials Drones for Desert Locust Control

                Qatar Sells Over 37,000 Tons of Local Vegetables in 2024

                Qatar Sells Over 37,000 Tons of Local Vegetables in 2024

                Egypt Signs Strategic Agreement with Spain’s Tejedor Lazaro to Advance Aquaculture Sector

                Egypt Signs Strategic Agreement with Spain’s Tejedor Lazaro to Advance Aquaculture Sector

                Trending Tags

                • Business & Economy
                  • All
                  • Business
                  • Economy
                  • Finance
                  • Industry
                  • Technology
                  • Trade
                  • Transport & Logistics
                  Empowering Oman’s Future: Turning AI Vision into Practical Impact

                  Empowering Oman’s Future: Turning AI Vision into Practical Impact

                  Oman’s Logistics Sector Gets $260 Million Boost with New Investment Deals

                  Oman’s Logistics Sector Gets $260 Million Boost with New Investment Deals

                  Iraq and Qatar Deepen Strategic Ties with Focus on $17B Development Road Project

                  Iraq and Qatar Deepen Strategic Ties with Focus on $17B Development Road Project

                  Iraq Targets $60.4 Billion in Non-Oil Revenues by 2028

                  Iraq Targets $60.4 Billion in Non-Oil Revenues by 2028

                  Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

                  Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

                  Oman Forecasts 3.4% Economic Growth for 2025

                  Oman Forecasts 3.4% Economic Growth for 2025

                  Oman’s Private Sector Pumps Over $5 Billion into Economic and Free Zones in 2024

                  Oman’s Private Sector Pumps Over $5 Billion into Economic and Free Zones in 2024

                  Oman’s Free Zones Attract Over $4 Billion in Private Investments in 2024

                  Oman’s Free Zones Attract Over $4 Billion in Private Investments in 2024

                  More than 3,000 investors from 60 countries receive long-term resident visas in Oman

                  More than 3,000 investors from 60 countries receive long-term resident visas in Oman

                  Trending Tags

                  • Construction
                    • All
                    • Infrastructure
                    • Real Estate
                    Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

                    Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

                    Iraq Signs €130 Million Infrastructure Financing Deals with France

                    Iraq Signs €130 Million Infrastructure Financing Deals with France

                    Swiss Firm to Upgrade Baghdad International Airport

                    Swiss Firm to Upgrade Baghdad International Airport

                    Qatar Set to Award Major Contracts for Equestrian and Education Infrastructure Projects

                    Qatar Set to Award Major Contracts for Equestrian and Education Infrastructure Projects

                    Iraq Breaks Ground on Al-Ward Residential City in Baghdad

                    Iraq Breaks Ground on Al-Ward Residential City in Baghdad

                    Qatar’s Real Estate Market Gains Global Attention as Doha Emerges as Wealth Hub

                    Qatar’s Real Estate Market Gains Global Attention as Doha Emerges as Wealth Hub

                    Iraq’s Development Road: A $20B Vision for Regional Prosperity

                    Iraq’s Development Road: A $20B Vision for Regional Prosperity

                    Qatar’s Ashghal Launches Major Infrastructure Tenders for University Sports Complex and Q-Post HQ

                    Qatar’s Ashghal Launches Major Infrastructure Tenders for University Sports Complex and Q-Post HQ

                    Qatar’s $5.5 Billion Simaisma Project to Feature Trump-Branded Development

                    Qatar’s $5.5 Billion Simaisma Project to Feature Trump-Branded Development

                    Trending Tags

                    • Technology
                      • All
                      • Business Tech
                      • IT & Telecom
                      Empowering Oman’s Future: Turning AI Vision into Practical Impact

                      Empowering Oman’s Future: Turning AI Vision into Practical Impact

                      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

                      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

                      Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

                      Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

                      How AI Is Shaping the Workforce of Tomorrow

                      How AI Is Shaping the Workforce of Tomorrow

                      How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

                      How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

                      Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

                      Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

                      Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

                      Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

                      Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

                      Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

                      How AI Drives the Success of MENA’s Mega Projects

                      How AI Drives the Success of MENA’s Mega Projects

                      Trending Tags

                      • Energy
                        • All
                        • Oil & Gas
                        • Power & Electricity
                        • Renewable Energy
                        Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

                        Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

                        Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

                        Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

                        Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

                        Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

                        Iraq Allocates $763.5 Million to Expand Residential Solar Energy

                        Iraq Allocates $763.5 Million to Expand Residential Solar Energy

                        Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

                        Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

                        Iraq Begins Work on 921MW Al-Nasiriyah Power Plant

                        Iraq Begins Work on 921MW Al-Nasiriyah Power Plant

                        Africa and Middle East Set to Add 2.9 GW of Onshore Wind Capacity in 2025

                        Africa and Middle East Set to Add 2.9 GW of Onshore Wind Capacity in 2025

                        China’s Shanghai Electric to Build $200M Wind Turbine Facility in Oman

                        China’s Shanghai Electric to Build $200M Wind Turbine Facility in Oman

                        Iraq’s Solar Energy Push Draws Interest from 150 Companies

                        Iraq’s Solar Energy Push Draws Interest from 150 Companies

                        Trending Tags

                        • Hospitality
                          Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

                          Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

                          Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

                          Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

                          Oman Charts a Visionary Course Toward Tourism-Driven Growth and Economic Diversification

                          Oman Charts a Visionary Course Toward Tourism-Driven Growth and Economic Diversification

                          Qatar Set to Welcome Record 5.3 Million Tourists in 2025

                          Qatar Set to Welcome Record 5.3 Million Tourists in 2025

                          Business Travel in MENA Projected to Hit $270.8 Billion by 2030

                          Business Travel in MENA Projected to Hit $270.8 Billion by 2030

                          Qatar Ranks Second in UN Tourism Online Academy Participation

                          Qatar Ranks Second in UN Tourism Online Academy Participation

                          Qatar’s Hotel Market Set for Strong Growth, Revenue to Near $537 Million in 2025

                          Qatar’s Hotel Market Set for Strong Growth, Revenue to Near $537 Million in 2025

                          Can Iraq Become the Region’s Next Tourism Success Story?

                          Can Iraq Become the Region’s Next Tourism Success Story?

                          Oman’s Tourism Sector to Create Over 500,000 Jobs and Attract $49 Billion by 2040

                          Oman’s Tourism Sector to Create Over 500,000 Jobs and Attract $49 Billion by 2040

                          Trending Tags

                          • Events
                            • Event News
                            • Upcoming Events
                          No Result
                          View All Result
                          IFP Info - News
                          No Result
                          View All Result
                          Home Construction Infrastructure

                          East Africa is fast becoming a key market for the construction sector

                          ifpinfo

                          December 7, 2015
                          in Infrastructure
                          0
                          Share on FacebookShare on TwitterShare on Linkedin

                          Most countries in East Africa are likely to continue to grow at a healthy pace of 6 per cent and above during 2015 and beyond. Kenya, Tanzania and Mozambique are the fastest growing economies in the region.

                          East Africa is fast becoming a key market for the construction sector and forecast to present massive opportunities over the next few years. Most countries in East Africa are likely to continue to grow at a healthy pace of 6 per cent and above during 2015 and beyond driven by improved performances in the agricultural, mining, tourism and industrial sectors, according to the United Nations.

                          Kenya, Tanzania and Mozambique are the fastest growing economies in the region with substantial investments in infrastructure and construction sectors.

                          Kenya’s long-term development blueprint is called Vision 2030 and it aims to transform the country into a newly industrializing, middle-income country that provides a high quality of life to all citizens by 2030. It is made up of successive five-year Medium Term Plans (MTPs).

                          The latest plan (2013-2017) aims for an economic growth rate of 10 per cent each year. Its priorities include infrastructure development, investing in agriculture, poverty reduction and social protection, governance and public financial management reforms and improving security among others.

                          Kenyan government has planned a complete revamp of road, rail and port transport infrastructure including expansion, development, and modernization of roads, rail, ports and other transport infrastructure. The cost of infrastructure projects under the current MTP is estimated at $2.89 trillion (KES246trn).

                          Ethiopian government has also embarked on an ambitious plan for the period 2010 to 2015. According to a report by Access Capital, the country is forecast to provide construction opportunities worth $20 billion annually based on the projects it has laid out for implementation over the next few years.

                          Oil discoveries in Juba, South Sudan, Uganda and Kenya as well as gas deposits found off the coasts of Tanzania and Mozambique have turned East Africa into a focal point for exploration and investment. Within the oil and gas sector alone it is estimated that $60bn to $70bn needs to be invested in infrastructure in the East African region, according to analysts.

                          Tanzania’s Bagamoyo Port is currently the largest investment in the region. The second largest project is Mombasa to Mabala Standard Gauge Railway Line.

                          Other significant projects include the Ethiopian Renaissance Dam ($4.2bn), Addis Ababa-Djibouti Railway ($3.3bn), LAPSSET (Lamu Port-South Sudan-Ethiopia Transport Corridor) Project ($3.3bn) and Ugandan Farm-down Geothermal Plant ($2.9bn).

                          Uganda is raising capital of $8bn for a standard gauge railway is in the Nairobi Mombasa Railway project. Kenya is also in the process of developing an annuity finance project for a 10,000km road development and maintenance program.

                          A report by Deutsche Bank said that Mozambique has 18 large infrastructure development projects valued at more than $24 billion currently under construction and the investment is set to reach $32bn. According to the IMF, the huge energy investments in the country would require nearly $24bn of supporting infrastructure investments for which around $4bn could be annually invested by international companies from 2014-19.
                          ifpinfo
                          7 December

                          Previous Post

                          Egypt lifts 2015-16 GDP growth forecast to 5.5% from 5%

                          Next Post

                          Egypt to build one million homes at a cost of almost $20 billion

                          Next Post

                          Egypt to build one million homes at a cost of almost $20 billion

                          News Letter

                          Subscribe to our mailing list to receive daily updates direct to your inbox!

                          *we hate spam as much as you do

                          IFP Info – News

                          The resource of credible, industry-specific updates

                          Categories

                          • Agrofood
                          • Business & Economy
                          • Conferences & Summits
                          • Construction
                          • Energy
                          • Event News
                          • Facility Management
                          • General
                          • Healthcare
                          • Hospitality
                          • Interviews
                          • Investment
                          • Koelmesse
                          • Messe Düsseldorf
                          • Packaging and Printing
                          • Paper and Packaging
                          • Paper and Printing
                          • Recycling
                          • Sustainability
                          • Tourism

                          Countries

                          • Africa
                          • Egypt
                          • Iraq
                          • Jordan
                          • Kingdom of Saudi Arabia
                          • Lebanon
                          • MENA
                          • Oman
                          • Other GCC
                          • Other Middle East
                          • Qatar
                          • United Arab Emirates
                          • Worldwide

                          Newsletter

                          Subscribe to our mailing list to receive daily updates direct to your inbox!

                          *we hate spam as much as you do

                          • About
                          • Advertise
                          • Privacy & Policy
                          • Contact

                          © 2024 IFP Group - All Rights Reserved / www.ifpexpo.com

                          No Result
                          View All Result
                          • Agrofood
                            • Agriculture
                            • Environment
                            • Food
                          • Business & Economy
                            • Business
                            • Economy
                            • Finance
                            • Industry
                            • Technology
                              • Business Tech
                              • IT & Telecom
                            • Trade
                            • Transport & Logistics
                          • Construction
                            • Infrastructure
                            • Real Estate
                          • Energy
                            • Oil & Gas
                            • Power & Electricity
                            • Renewable Energy
                          • Hospitality
                          • Events
                            • Event News
                            • Upcoming Events

                          © 2024 IFP Group - All Rights Reserved / www.ifpexpo.com