Saudi, Kuwait to see growth in cement industry

25 Nov 2013

(MENAFN) Saudi Arabia and Kuwait are expected to see growth in the cement industry as many giant projects will be initiated in the GCC region valued at USD2.3 trillion, according to Arab News.

Kuwait Finance House (KFH), or Baitak, said that the governmental support was a main factor in the growth the cement sector has seen.

The GCC countries spent over USD400 billion during the fiscal year 2013-2014 on construction activities.

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