Construction companies are reacting with cautious optimism at news the Abu Dhabi Government is ready to restart billions of dollars worth of projects.
Dozens of projects in the pipeline were under review for most of last year, leaving builders in limbo. Many shifted personnel and resources to Saudi Arabia and Qatar, where work was going forward.
"The indication of pushing ahead is a positive message," said Chris Gordon, the group general manager of Habtoor Leighton Group. "There is quite a backlog of work that would have been awarded in the second half of 2011."
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