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FINANCIAL NEWS
GCC’s ongoing construction projects reach USD2.4tr
12 Sep 2017
(MENAFN) Whole value of 21.893 active construction projects in the GCC reached USD2.4tr at the start of Sep this year, according to BNC Network.
Moreover, the total value of urban construction projects reached USD1.18tr in the cited month, showing the buoyancy of the project market and the fact the governments to the GCC nations.
Additionally, the urban construction deals contain 80 percent of the contracts awarded for all sectors in GCC and in dollar terms.
In more details, the continuation of these projects, worth Dh8.8tr, will keep many businesses, particularly the sub-contractors.
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MENAFN1209201700450000ID1095846339
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