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28 Jun
01:00

GCC seen investing in construction to cater for population growth

Gulf Cooperation Council governments’ efforts to reduce economic dependency on hydrocarbons have resulted in increased construction sector investment. This will meet higher construction demand from a growing population, according to Alpen Capital. The region’s population is expected to grow 2.5% annually from 2014 to 2018 to reach 56.9 million. The construction industry is the GCC’s largest steel end-use market, catered to by the region&rsq…
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