|
|
|
Real Estate News Releases
|
(EstateNewsWire.com, August 16, 2017 ) Publisher€™s market research analyst estimates the market for construction spending in GCC to post a strong CAGR of nearly 8% by 2019. Growing investment in transport infrastructure, development of economic cities, and the rising demand for affordable houses are examples of some critical factors that foster growth in this market during the forecast period.
Growth in the transportation sector is the key driver for the growth of this market. Even though the GCC countries have well-developed highways and airports, the recent rise in population is expected to bolster the demand for a better public transit system during the forecast period. Moreover, since trade services in this region are heavily dependent on the connectivity between important trading hubs, the upgradation of the transport system by the government is expected to result in market growth by 2019.
For more information http://www.reportsweb.com/construction-spending-market-in-the-gcc-countries-market-2015-2019
Geographical segmentation of the GCC countries
Qatar
Bahrain
Kuwait
Oman
Saudi Arabia
UAE
In this market research report, analysts estimate Qatar to be the largest market segment during the forecast period. Extensive investment in the transport infrastructure and the development of social infrastructure projects like retail malls and hotels are expected to result in this region€™s impressive market share of more than 45% by 2019.
Competitive landscape and key vendors
This market consists of small and large construction companies and is primarily dominated by players like Al Jaber Engineering and Arabian Bemco. The level of competition in this market is expected to intensify during the forecast period due to the entry of private players in the infrastructure development sector.
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001202250/sample
Key vendors in this market are -
Al Jaber Engineering
Arabian Bemco, Arabtec construction
HBK Group
Mushrif Trading and Contracting Company
Saudi Bin Ladin Group
Other prominent vendors mentioned in this market study are Ashghal, Bechtel, Consolidated Contractors, El Seif Engineering Contracting, Ramaco Trading and Contracting, and Oman Shapoorji Construction Co.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001202250/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
|
|
|
|
Real Estate News by Sector
|
|
|
|
|
