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FINANCIAL NEWS
GCC projects USD 172bn in 2015 despite low oil prices
03 May 2016
(MENAFN) Intl’ hardware and tools producers are aiming the Middle East market, given the surge in spending on infrastructure building and construction across the area.
Furthermore, the predict for infrastructure and building projects planned and underway in the GCC was USD 172bn last year, the highest amount.
In addition, the increase in need for hardware, tools and machinery make the region a highly attractive target for international suppliers.
The Middle East region’s continued to increase despite the slowdown in construction, which made it a significant market for the hardware and tools industry.
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