(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.
MENAFN1209201700450000ID1095846339
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.