GCC construction industry to reach record $130bln
In 2016, the GCC’s construction industry is set to reach a record high of $126 billion
The GCC’s increasingly complex architectural projects will require contractors to adopt the latest construction software, industry experts announced in the build-up to The Big 5 exhibition.
In 2016, the GCC’s construction industry is set to reach a record high of $126 billion, growing at a CAGR of 11 percent, according to the recent “GCC Construction Industry 2015” report by Alpen Capital.
“Mega-events such as World Expo 2020 and 2022 FIFA World Cup Qatar are driving the Middle East’s demand for increasingly complex architectural and engineering projects, across skyscrapers, stadiums, airports and transit, and museums,” said Paul Wallett, area business director, Tekla Middle East.
“At The Big 5, we’ll leverage our experience from working on the region’s leading projects to educate contractors on the need to adopt the latest construction software to complete the wide range of projects on time and on budget,” added Wallett.
Building Information Modeling software, enables firms to create reliable and detailed digital models that can enhance productivity and collaboration, and reduce costs.
Anticipating the strong demand for construction software, at The Big 5 Tekla will showcase its advanced BIM software Tekla Structures 21 and Tekla Structural Designer, and BIM viewer Tekla BIMsight and Tekla Field 3D for mobile devices.
Tekla is exhibiting at stand PMV A130 under the theme of “Change is Coming” at The Big 5, which runs from Nov. 16-23 at the Dubai World Trade Centre.
Tekla Building & Construction is part of Trimble Buildings, a Trimble segment focused on technology solutions that improve collaboration, efficiency and accuracy across the Design-Build-Operate (DBO) lifecycle of construction. Tekla drives the evolution of digital information models to provide greater competitive advantage to the construction, infrastructure and energy industries. Established in 1966, Tekla has customers in over 100 countries, offices in over 20 countries, and a global partner network.
This article first appeared in the Saudi Gazette on Nov. 17, 2015.
Saudi Arabia sets new conditions for operating tower cranesConstruction companies that use tower cranes must get ground soil tested from a specialized laboratory before operating the heavy machinery Middle East
Construction on 60,000-seat Qatar World Cup stadium to start next monthWith a total area of around 11,600 square kilometers, Qatar will be the smallest country to host the World Cup Sports
Optimism from GCC construction firms slips in 2015The drop in positivity may partly be explained by ongoing geopolitical concerns and the fall in oil prices Economy
GCC construction, transport contracts hit over $39b in H1Construction and transport sector contracts worth over $39 billion have been awarded for projects in the GCC in the first half of 2013, with Qatar ... Aviation & Transport