Technical Review Middle East (TRME) asked Cynthia Corby, Audit Partner at Deloitte in the Middle East, about her outlook for the construction sector in 2011 and the main findings from Deloitte?s GCC powers of construction 2010 report.
Suez Cement, Egypt's largest listed cement company, said it would shut down 14 production lines as part of an agreement with the government to relocate out of the capital to reduce pollution.
Arabian Construction Company (ACC) has won a US$204mn contract to expand the Masdar Institute of Science & Technology (MIST) campus in Abu Dhabi.
Qatar's successful bid to host the Fifa World Cup in 2022 is set to launch a construction boom involving investments by Doha worth between US$60 billion and US$72.5 billion, according to some estimates.
The value of construction projects in Saudi Arabia is expected to jump to about 322 billion Saudi riyals (Dh315.38 billion) next year from 260 billion riyals in the current year, Jeddah-based Okaz Daily reported recently citing an executive.
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