Wealthy Gulf investors should focus on Mena infrastructure, WEF’s Gordon Brown says | The National

Wealthy Gulf investors should focus on Mena infrastructure, WEF’s Gordon Brown says | The National:



"Gordon Brown, the former UK prime minister and current head of the World Economic Forum’s infrastructure initiative, urged wealthy Arabian Gulf states and individuals to invest in much-needed infrastructure projects in the poorer parts of the Middle East.



There is a huge spending deficit on infrastructure in the region compared to other parts of the world, Mr Brown noted.



According to a World Bank report, the Middle East and North Africa taken together invests only about 5 per cent of its collective GDP in infrastructure, compared to 15 per cent for China and 10 per cent on average globally."



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