Capitialise On The $194BN Construction Market In The GCC
The total value of construction contracts awarded across the GCC reached $194bn by the end of 2015, of which the building and infrastructure sectors alone were estimated to hit $141bn.
In 2016 growth in this sector is continuing to look strong despite the drop in oil prices, with Gulf Cooperation Council (GCC) governments continuing to invest strongly in the education, residential, infrastructure, hospitals, and utilities sectors of the economy, thereby generating the demand for construction activities. The future looks bright, with GCC countries aiming to attract higher investments to the construction sector by hosting global events and showcasing itself as a preferred tourist and investor destination. So there really is no better time to explore the market potential in this region.