Aarkstore Enterprise – The Future of Construction in the Gulf Co-operation Council (GCC) to 2015:
The Future of Construction in the Gulf Co-operation Council (GCC) to 2015: ‘Economy Diversification Efforts and Rising Population to Continue Supporting Growth’
Synopsis 
– Top level overview of the GCC construction industry
– Current, historic and forecast value and trends of the individual markets and categories supported by detailed description of individual markets in the industry.
– Details of top construction companies in GCC
Summary
This report is the result of ICD Research’s extensive market and company research covering the GCC construction industry. It provides detailed analysis of both historic and forecast construction industry values, at market and category level plus analysis of the leading companies in the industry.
Scope
– Historical value of the construction industry for 2006-10 and forecast figures for 2011-15
– Supporting text on individual markets and values for categories for 2006-10 and forecasts till 2015
– Profiles of top construction companies in GCC
Reasons To Buy
– Gain insight on the GCC construction industry with current, historic and forecast figures
– Gain insights into current, historic and forecast industry figures at individual market and category level
– Identify top construction industry players in GCC along with profiles of all those companies
Key Highlights
During 2005–2008, there was considerable investment in the GCC construction industry due to the member nations’ efforts to diversify the GCC economy from oil-based growth to other industry sectors. The GCC governments’ policy reforms to reduce economic restrictions in the industrial sector drove demand for infrastructure development. In addition to this, rising population levels and increasing tourism also added to the demand for infrastructure development. Furthermore, the authorization of private participation in real estate development and efforts to encourage foreign property investment in the region fuelled growth in the residential construction market. However, the construction industry suffered a decline in 2009 following the global economic crisis and the tightening liquidity situation, which caused a significant decline in oil prices. The industry registered a slight recovery in 2010 due to the huge public expenditure and the rising oil prices. Due to these factors, the construction industry recorded a CAGR of XX.XX% during the review period. It is expected that the construction industry will register a CAGR of XX.XX% over the forecast period.
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