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The Middle East Const-Ruction Market May Stage A Recovery in 2010


Post Date: 23 Jan 2010    Viewed: 556

According to a report published by Norton Rose in Boom and Recover



Understanding the Middle East Construction Market, 55 per cent of the key players within the Middle East's construction sector expect effects of economic slowdown to subside by the mid of 2010. Middle East has for long been a favourable destination for builders, contractors and building material suppliers.



Taking a positive view of the economic downturn, 94 per cent of the key players feel that it had a positive effect on the availability and cost of labour and material. However for most of them, the primary markets are now in Saudi Arabia, Abu Dhabi and Qatar.

 


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