Wednesday 12 December 2012

UAE project spending to increase next year - The National

Three in four industry figures believe that project spending in the Middle East will increase next year, according to a survey, with the UAE tipped to invest the most.

An upgrade to the energy sector, and massive government spending on infrastructure will boost the projects market next year, finds the survey by PricewaterhouseCoopers (PwC).

"In terms of where that growth is coming from, it's predominantly the energy sector, and large government infrastructure programmes," said Jonathan Roe, an author of the report at PwC.

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