The construction sector in the GCC is poised for a rebound, with $286 billion (Dh1 trillion) in projects set to be awarded between 2012 and 2016, according to a new research report.
A breakdown of project values to be awarded in each of the six GCC countries shows Saudi Arabia leading the pace with more than $119 billion to be awarded before 2016, followed by the UAE with $75 billion.
Elsewhere in the GCC, Oman is expected to award more than $30 billion, followed by Qatar with $26 billion, Kuwait with more than $25 billion projects up for tender, and Bahrain with $10 billion.
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