Wednesday 22 May 2013

Ensuring balance holds between demand and supply | GulfNews.com

"The GCC has achieved plenty in the development of both hard and soft infrastructure over the past three decades, in turn paving the way for high economic growth rates.
It has not been easy to meet the ever rising demand for infrastructure, which exceeded 10 per cent annually in some sectors such as electricity and water. Demand for utility has increased three times over the past three decades; even then the GCC was able to meet demand in an impressively flexible manner.
Given the continuous population growth, especially in regard to the expatriate workforce —where a total of 2.5 million workers joined the Gulf’s labour market last year — the GCC will face serious challenges related to how they can meet growing demand for basic infrastructure services, particularly in the fields of utility, housing, health and education services."

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