HSBC Statement on the Strait of Hormuz and $872 Billion Infrastructure Project

According to HSBC's report based on MEED data, a total of $872 billion worth of infrastructure projects are planned in the Middle East, North Africa, and Turkey, including those not yet in the bidding stage.

In HSBC's report based on MEED data, it was stated that the total value of planned infrastructure projects across Turkey, the Middle East, and North Africa has reached $872 billion. It was noted that this investment amount forms part of a broader infrastructure portfolio totaling $1.4 trillion in size. In HSBC's survey conducted with over 1,600 business leaders and nearly 820 global institutional investors, it was observed that the Gulf region continues to remain an attractive investment hub.

Speaking at the HSBC Future Forum in Dubai, HSBC CEO Georges Elhedery said that investments by Gulf countries in alternative logistics routes could make the Strait of Hormuz strategically unnecessary over the next five years. Elhedery stated that investments in energy pipelines and port development could mitigate the economic impacts of war, and that with the resolution of the conflict, the region would resume growth.

According to World Bank data, due to the impact of the war, the regional economy of the Middle East, North Africa, and Pakistan is expected to contract by 1.3 percent in 2026. For the region in question, which recorded a 3.3 percent growth in 2025, a strong recovery varying by country is projected for 2027.