FINANCIAL NEWS

UAE construction projects worth USD12 b resume work

03 Apr 2014

(MENAFN) Construction projects in the UAE estimated at USD12 billion over the past 18 months have resumed their work this year, according to Arabian Business.

MEED Projects said that since Dubai won the right to host the Expo 2020, the projects resumed construction activity on a faster pace.

MEED said that this year, construction projects that are expected to be awarded are estimated at USD23 billion.

Projects awarded in 2013 reached USD23 billion worth in the construction sector.

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