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.
Construction
Suez Cement to shut operations in Cairo
Suez Cement, Egypts 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.
ACC wins US$204mn Masdar contract
Arabian Construction Company (ACC) has won a US$204mn contract to expand the Masdar Institute of Science & Technology (MIST) campus in Abu Dhabi.
New parts distribution centre in Dubai to be opened by Caterpillar
Caterpillar has unveiled plans to open a parts distribution centre in Dubai for Caterpillar Logistics Services (Cat Logistics).
Qatar football projects will bring regional benefits
Qatars 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.