The GCC construction industry will see an upswing towards the second half of the year until 2013 with contract awards reaching a high of $150 billion, said experts at a recently concluded construction summit in Abu Dhabi.
The Arabian World
It's boom time for construction and infrastructure sector in the GCC as the region prepares to award projects worth $286 billion over the next four years, said a new report ahead of a major construction event in Abu Dhabi.
The construction sector in the GCC states is poised for a rebound with $286 billion worth of projects set to be awarded between 2012 and 2016, said a report.
A breakdown of project values to be awarded in each of the six GCC countries show
Tekla Corporation, a leader in digital information models, will showcase its new collaboration tool that offers a centralized way to communicate shared information at a construction summit that opened in Abu Dhabi today (May 23).
Despite the worst global recession, the GCC has over $1.3 trillion worth of announced and un-awarded projects and a further $1.4 trillion worth of schemes in the wider Middle East, according to a report.
The analysis also indicates an unce
Over 50 experts from across the region will be in the UAE capital this May for the third edition of 'Arabian World Construction Summit (AWCS) 2010' where they will address key issues currently impacting the projects industry.
The summit, t
The upcoming Arabian World Construction Summit (AWCS) will discuss the changing face of the region’s construction industry in light of the global economic downturn, said the organisers.
The summit, organised by Meed, a key business intelli
Over 60 top speakers and 700 dignitaries will be at second edition of Arabian World Construction Summit (AWCS) in Abu Dhabi to discuss the challenges and sustainability issues facing the construction sector in the Middle East.
The AWCS wil