TITLE

Project market delivers record growth

AUTHOR(S)
Thompson, Richard
PUB. DATE
January 2008
SOURCE
MEED: Middle East Economic Digest;1/4/2008, Vol. 52 Issue 1, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the Gulf project market has grown by more than one third in 2007, the biggest year-on-year expansion of the sector since the start of the oil boom in 2003. According to projects tracker MEED Projects, the total value of schemes planned or under way in the Gulf at the start of 2008 stood at about $1.8 trillion, increasing by 34.5% since January 2007. The GCC markets accounted for about 90% of the activity, with the United Arab Emirates (UAE) accounting for $714.5 billion worth of projects at the start of 2008.
ACCESSION #
28686935

 

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