2017-2019 Construction - Construction Spending In-Depth Industrial and Market studies in the GCC Countries In-Depth Industrial and Market studies

Albany, New York, Mar 01, 2017

Description-

– Market outlook of the construction spending market in the GCC countries

Technavios 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.

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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.

"Construction Spending Market in the GCC Countries Market 2017-2019" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect.

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