“The GCC construction industry is at an important turning point.
“In terms of contract awards, 2018 was the worst year since 2012 for
construction and transport projects in the GCC with about $63.4bn of awards
in 2018, 8.4 per cent down from the $69.2bn of contracts signed in 2017, and
about 44 per cent below the $111.8bn peak reached in 2014..”
“After the projects market’s lacklustre 2018 performance, two issues are at the
heart of the discussion about the future of..”
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