Contractors Prefer Saudi Arabia

ABU DHABI — Saudi Arabia presents the greatest opportunity for contractors in the coming year, according to a survey of industry professionals at the ongoing Arabian World Construction Summit 2009.

By Staff Report

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Published: Thu 12 Feb 2009, 12:51 AM

Last updated: Sun 5 Apr 2015, 9:34 PM

A poll among thedelegates conducted on the fist day of the conference on Mondayrevealed that 43 per cent view Saudi Arabia as the most appealing market in the region, offering the biggest opportunities for the future, a Press statement on Tuesday. The UAE came second, with31 per cent of the votes, followed by Qatar with20 per cent.

Just over a third of those present (37 per cent) believed that infrastructure projects, such as power, water and waste water plants, would provide the bulk of opportunities. Just 10 per cent highlighted real estate as a viable opportunity going forward, the statement said.

· ramavarman@khaleejtimes.ae


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