GCC states to award $72b construction deals

22 Nov 2010

(MENAFN) The GCC Building Construction Industry Report 2010 showed that construction deals valued at around $72b shall be awarded in the Gulf region by the end of 2010, Arabian Business reported.

The report showed that nearly a third of the contracts, or $23.5b, will be awarded in the UAE.

The news was revealed during The Big 5 2010 exhibition which is a building and construction event taking place in Dubai, where five key sectors, including retail, commercial, residential, tourism and leisure, were analyzed, with retail highlighted as the most promising sub sector for growth.

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