MIDDLE EAST Ӏ REGIONAL REPORT
Key projects in the energy and
industrial megaprojects sector include a QAR13.5 billion ($3.7 billion) investment in the Ras Abu Fontas Power & Desalination Plant. This project by Samsung C&T and Sumitomo is due for completion by 2029. When it comes to offshore gas
infrastructure, there’s a QAR14.6 billion ($4 billion) project by Saipem for QatarEnergy LNG. Qatar also aims to double its
urea production to 12.4 million tonnes/year by 2030 through a major fertiliser complex in Mesaieed. The country is also investing heavily in solar power, targeting 4,000MW of solar energy by 2030. Growth in the construction
industry will also be supported by the Transportation Master Plan for Qatar (TMPQ) 2050. This outlines 37 road projects and 30 transit network expansions. In May 2024 Kahramaa, a
company that regulates and maintains the supply of electricity and water for the population of Qatar, unveiled a renewable energy strategy to increase clean power to 18% by 2030 and slash CO2 emissions by 27%. From 2026 to 2028, annual
average growth is projected at 4.5%, driven by LNG, renewables, and industrial capacity expansions.
UAE The UAE shows resilient growth amidst inflationary pressures. The UAE construction sector
is projected to grow by 4.2% in 2025, underpinned by a diversified portfolio of energy, housing, transport, and tourism infrastructure. While the industry faces short-term headwinds from inflation, supply chain disruptions, and geopolitical uncertainty, robust FDI and major projects continue to support its medium-term trajectory.
16 CRANES TODAY
SUCCESS FOR WOLFFKRAN IN SAUDI ARABIA
Tower crane manufacturer Wolffkran has been actively looking to position itself to meet the growing construction demands in the Middle East and, in particular, Saudi Arabia. At the start of 2024 Wolffkran announced it had entered into a joint venture with the Zamil
Group, one of the largest investment holding companies in the Kingdom of Saudi Arabia (KSA). The joint venture is working to open a Wolff crane production facility in KSA and to build up a rental fleet of 300 Wolff cranes; according to CEO Duncan Salt this plan is well on its way to fruition. The production facility will be the first tower crane manufacturing plant in the entire Middle East and will supply Wolff cranes not only to the Saudi Arabian market but to the entire MENA region. In April 2025 Wolffkran announced it has also won a prestigious contact to supply cranes to the King Salman International Stadium. Once complete the multi-purpose stadium will be capability of hosting world-class events and will be the largest stadium within the Middle East. It will host the 2034 FIFA World Cup with a planned capacity of 92,760 people.
A Wolff 180B luffing jib tower crane at One River Point, a prestigious residential complex in Business Bay, Dubai being built by Ellington Properties and construction company Dutco.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55
