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Re: CorvetteMark post# 39091

Friday, 08/11/2006 12:15:01 AM

Friday, August 11, 2006 12:15:01 AM

Post# of 311080
Mark..nice little bit of info I found surfing the net..
(especially the very last word..lol)

Dubai boasts the highest per-capita spend on construction the world after Japan, and it contributes around 7 per cent to GDP (US$7.4bn). In recent years, the sector has grown at over 25 per cent per annum. Given the high price of oil which is stimulating the broader economy, this trend is likely to continue.

The UAE Government is continuing to promote capital development projects in the areas of power, desalination, manufacturing and industrial zones. In line with the drive to develop infrastructure in the tourism and leisure sector, private sector projects such as commercial buildings, malls, entertainment complexes and hotels also represent significant opportunities as many of the products and services required are imported.



My posts my opinion only, make your own financial decisions.

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