The construction sector witnessed a high growth rate compared to last year

According to a report published by news agencies, he stressed that the total projects executed by construction companies currently exceed 6 billion dollars.

He said that the company expects to get projects for the current year of two billion dollars, pointing out that there are opportunities for infrastructure projects in Dubai for Expo 2020 and sports projects in Qatar, and there are huge projects for Aramco and SABIC.

He expressed optimism about the performance of the construction sector in the Gulf and North Africa. He said that since the beginning of the year, the sector has witnessed an increase in liquidity and the number of projects.

He pointed out that the picture is better than last year, in terms of liquidity and projects offered more this year, expected to improve margins of profitability because of “the integration of contractors or the exit of a number of them from the market”

Write a Comment

Your email address will not be published. Required fields are marked *