The Middle East and North Africa region is one of the world’s fastest growing markets for rail projects. There are plans to build more than 33,712km of mainline routes and 3,004km of metro, monorail and tram lines. 2015 will see several huge rail and metro projects awarded!
Across Middle East, substandard infrastructure constricts growth by as much as 20 percent annually. Estimates peg the regions annual infrastructure funding gap at anywhere from $30 billion to $90 billion.
The combination of rapidly growing population & severe traffic congestion necessitated the building of an urban rail system to provide additional public transportation capacity, relieve motor traffic & provide infrastructure for additional development.
Looking into the tremendous growth and infrastructure development it has become very important for Rail Urbanization to be implemented and executed in the MENA region. For this one reason alone, BE Summits launches the MENA Metro Rail Symposium.