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FINANCIAL NEWS
GCC building materials industry values USD 37bn
20 Jan 2016
(MENAFN) The Gulf Organization for Industrial Consulting (GOIC) proclaimed the GCC building materials industry was ranked third in terms of increasing investments in 2014.
Moreover, this sector aimed more than USD 37bn, almost 9.8 percent of the whole growing investments in manufacturing industries valued at USD 380bn.
“Building materials industry is a key sector in GCC countries, for it is a pillar of development and progress,” said GOIC Secretary General.
In addition, the building materials industry involves many industrial activities, such as; manufacture of glass products, of refractory products and others.
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