(MENAFN) Recently, more new business chances in the GCC opened for Brazilian investors with USD32bn worth of large-scale urban construction projects being tendered in the region.
The Arab-Brazilian Chamber of Commerce aims to foster economic, cultural and tourism ties between Arabs and Brazilians.
Accordingly, a total of 801 urban construction projects with a joined value of USD32bn are being tendered in the area.
Moreover, the whole contract value will expand by 29 percent to USD65.6bn in the coming year and by 1 percent to USD66bn in 2019.
MENAFN1409201700450000ID1095857777
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.