Business | Construction
$1.35 trillion worth civil building projects active in Gulf region
The UAE leads the way, with 1,853 civil building projects worth a total of $661,443 billion currently under way across four sectors
- By Staff Reporter, Gulf News
- Published: 14:59 November 23, 2009
Dubai: The Big 5 PMV, the Middle East’s leading exhibition dedicated to plant, construction vehicles, machinery and equipment, opened in Dubai on Monday as new research showed that 3,398 civil building projects worth $1.35 trillion are currently active in the Gulf region.
The figures, released by the event organisers, Streamline Marketing Group, paint a more positive picture of the regional construction industry which has been battling to shrug off the effects of the global economic crisis.
The UAE leads the way, with 1,853 civil building projects
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