• HSBC

Investments in Gulf projects over $2 trillion

  • Tuesday, April 01 - 2008 at 09:55

Total investments in projects across various sectors in the Gulf region have crossed the $2-trillion mark, according to a report by our sister company Meed. The MEED Projects index, which monitors investment within the construction, oil and gas, petrochemicals, power, water and waste sectors across the Gulf region, has risen in value by 40% over the past 12 months, despite fears that rising construction costs would lead to significant slowdown in the number of new projects being launched.

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