Theme parks, talent and tech: Saudi Arabia's path to global entertainment leadership    New Law of Commercial Registration expected to spur Saudi investment by 8.8%    Prince Faisal at G20 Summit: Ongoing Israeli aggression is pushing the region to the brink of a wider war Saudi Arabia announces accession to Global Alliance against Hunger and Poverty    Cityscape Global 2024 showcases Saudi real estate sector's growing appeal to global investors    Yemeni Orchestra's captivating performances in Riyadh, showcasing shared cultural legacies    Dar wa Emaar concludes its participation in Cityscape Global 2024 by signing financing agreements amidst a large turnout at its pavilion    Prince Khalid bin Salman meets governor of US State of Indiana    Future of Ronaldo's Al Nassr contract remains undecided, says Saudi Pro League CEO    Salem Al-Dawsari out for three weeks, Ruben Neves to return in January after surgery    Saudi Arabia targets win against Indonesia in AFC Asian Qualifiers match    Saudi-Djibouti joint committee kicks off its sixth session in Riyadh    GASTAT report: 45.1% of Saudis are overweight    Fury in Russia at Biden's Ukraine missile move    Top Republican says Trump nominees are 'disruptors'    German manufacturers warn of the sector's 'formidable crash'    Australian senator censured for heckling King Charles    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Pope calls for probe into whether Israel's attacks in Gaza amount to genocide    Anthony Hopkins to debut exclusive musical performance at Riyadh Season    Saudi national football team begins training in Jakarta ahead of Indonesia match    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



‘Rail is the future' in ME transport sustainability
Published in The Saudi Gazette on 21 - 04 - 2012

In light of the Arab Spring and seismic shifts in availability of global finance, Middle East (ME) governments are placing more emphasis on social infrastructure to create sustainable communities, job opportunities and comfortable living, industry experts say.
In a region comprising unequal distribution of wealth, now is the time for the Middle East to work collaboratively in order to survive the recent political and economic turmoil, the experts warn, while identifying rail and affordable housing as areas relatively ignored during the construction boom time at the end of the last decade.
A white paper "Building a sustainable framework for the Middle East" released ahead of the Arabia Summit to be held alongside World ecoConstruct and Cityscape Abu Dhabi on April 22-25 at the Abu Dhabi National Exhibition Centre, stressed on the need for government to increase spending on social infrastructure projects in order to prevent the economy from shrinking, maintain job creation and capitalize on lower market prices. The report underlines the need to create sustainable workforces.
Experts call for construction industry professionals to increase their levels of pride and job satisfaction and to create a sense of legacy in a region which has produced buildings displaying feats of engineering such as the Burj Al Arab and Burj Khalifa.
"Countries across the globe are increasing public investment on needed infrastructure, even with the austerity measures many are enforcing, to boost employment and give a long-term stimulus to their economies," said panelist Ivan Woods, Head of Project Finance Advisory, BDO Corporate Finance (Middle East) LLP.
In terms of opportunities in infrastructure in the Middle East, Dr. Ziadat identified the creation of a rail network and believes the region was left behind in the railway transportation age.
"For sustainability in transportation, rail is the future. It is more sustainable in terms of carbon emissions but you need long-term investment programs to achieve it."
Woods added "there are significant shortfalls in a number of areas. Affordable housing has not been made available in sufficient quantity and this has been recognized in Saudi Arabia, Bahrain and Oman."
He points to countries like Kuwait and Egypt which have successfully utilized public-private partnerships (PPPs) to help vital infrastructure projects get off the ground.
"PPPs can be of great benefit, particularly to maximize the private sector's involvement and added value. The challenges of implementing PPP properly, however, and ensuring value for money for the government and the wider public, must be addressed upfront."
The white paper concludes that now is the time for the construction industry at large to take stock, evaluate and identify how it can work more efficiently and provide better quality service to the population and environment in the future.
Matthew Plumbridge, Consultant, Environment and Sustainability Planning, Department of Municipal Affairs (DMA), believes that by committing to a more sustainable workforce, the industry takes a step closer to engendering a sense of legacy in the region. "Your building is your legacy," he said. "We have to consider the quality of our work as the core in what we do and to have pride in every nut and bolt."
With recent research valuing GCC infrastructure projects (including roads, bridges, rail, sewerage, wastewater and marine) at $408.8 billion, construction companies are increasingly looking to obtain opportunities being provided to those with a commitment toward sustainable building practices.


Clic here to read the story from its source.