Construction & Infrastructure
We offer a variety of high-performance construction equipment to help with all stages of construction. HMT has the equipment and solutions to ensure productive and cost-effective results for your infrastructure, residential, industrial, or commercial projects.
Currently, there are more than 20,000 active projects in the GCC construction business, totaling more than USD 2 trillion. Projects in the urban construction, industrial, transportation, oil & gas, and utility sectors are among them. The GCC countries are anticipated to boost their investments in housing and infrastructure, which will cause the construction market to expand significantly over the next years. Residential, commercial, and hotel projects account for about 54% of the overall value of active projects in the GCC urban building sector.
Residential and commercial construction projects
These projects account for more than 40% of the total value of all active urban construction projects in the GCC. Over 800 projects worth approximately USD 100 billion are currently in the concept and design phase, indicating a robust pipeline of projects to support the region’s growing market.