GCC projects to spend in services
United Arab Emirates: Wednesday, March 26 - 2008 at 08:23
According to AME Info sister concern, Middle East Economic Digest (MEED), Gulf project spending in the public and private sectors is now moving away from construction to services, cited Gulf News. Project services industry in the GCC has reached $2 trillion and is projected to hit $4 trillion in the next 20 years, with half of it to finance logistics.
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Medilyn Manibo, Assistant News EditorWednesday, March 26 - 2008 at 08:23 UAE local time (GMT+4)
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