In the void left by collapsed construction markets around the world, transportation projects are not only a holdout of relatively robust activity but are embraced globally as a vital step on the road to recovery. Firms in the transportation sector are crisscrossing the globe as developing nations race to build new roads, railways and airports, while in America, Europe and the Middle East new technologies and growing populations are pushing projects forward. In the sector currently are some of the largest projects in the world, such as the $10-billion Al Maktoum International Airport being built in Jebel Ali, United Arab
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.