$195.7b worth of construction contracts drive interest in GCC

Abu Dhabi AirportThe Abu Dhabi Airport—Midfield Terminal Complex is one of the major developments in the GCC that have used Tekla technology to help deliver projects on time and within budget l Image Credit: Supplied

The total value of construction contracts awarded this year in the GCC will soar to $195.7 billion (Dh718.81 billion), up from $159.87 billion last year, according to a report by Ventures Middle East.

The massive building and infrastructure spending driving the GCC’s construction boom served as a backdrop as international and regional decision makers and industry leaders converged at the Dubai World Trade Centre last week for The Big 5, Middle East Concrete and PMV Live exhibitions.

“The Big 5 continues to be the leading event in the region for construction professionals and to drive innovation in the industry,” said Andy White, Group Event Director of The Big 5.

Construction software
The Big 5, Middle East Concrete and PMV Live offered 55 free CPD-certified workshops as well as 48 technical seminars.

Meanwhile, it was revealed the event that advanced construction software is being leveraged to deliver various projects in the GCC’s construction sector, which has been estimated to be worth $1.3 trillion, according to the recent Deloitte’s GCC Powers of Construction 2014: Are You Ready for Recovery?”

Driving this construction growth, construction professionals are using collaborative and interoperable Building Information Modeling (BIM) software such as Tekla BIMsight, for 3D constructable models that lead to smoother completion of complex projects.

“Open BIM is driving Middle East construction innovation, with architects, engineers and project managers creating intelligent and information-rich models to deliver projects on time and on budget,” said Paul Wallett, Area Business Director, Tekla Middle East.

GCC projects
Middle East projects using Tekla technology include the Abu Dhabi Airport — Midfield Terminal Complex, King Abdullah Financial District and King Abdulaziz Center for World Culture in Saudi Arabia and the National Museum of Qatar “Returning to The Big 5 demonstrates our goal of working closely with our Middle East customers, and providing smart, localized solutions to the region’s projects in infrastructure, financial hubs, cultural landmarks and stadiums,” said Paul Wallett.

As different countries in the region host major international sporting events, Tekla said it will demonstrate its expertise in the specialised field, including its work on modeling ten out of 12 stadiums at the 2014 Fifa World Cup Brazil.


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