(MENAFN) Qatar plans to grant as much as USD26.2 billion for infrastructure projects in 2014, up from USD9.4 billion in 2013, according to the Peninsula Qatar.
Infrastructure project awards across the GCC are expected to reach more than USD86 billion in 2014, which is 77.8 percent higher than in 2013, new figures released by construction intelligence firm Ventures Onsite showed.
In the UAE, projects worth a total of USD15.18 billion will be awarded, almost five times the 2013 contracts, while in Oman infrastructure awards are expected to reach USD7.4 billion.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.