Qatar, Saudi To Drive GCC Construction Growth

Major opportunities still exist in GCC construction markets despite continuing delivery issues related to current projects, Deloitte said on Wednesday.

In a new report, it said opportunities remained prevalent in Saudi Arabia, Qatar, Abu Dhabi and Iraq in 2012.

The Deloitte construction industry report also indicated that longer term infrastructure investment plans for the region are estimated to be worth in excess of $1trn.

Key findings in the Deloitte report indicated that large infrastructure projects, particularly around social and transport infrastructure, will offer “tremendous opportunities” for contractors, according to Deloitte report.