The Future of Construction in Kuwait to 2014World Market IntelligenceOctober 7, 2010 125 Pages - SKU: WLMI2832215 |
Additional Information
The Kuwaiti construction industry grew at a CAGR of 19.40% over the review period, supported by a strong performance across all markets. Indeed, government efforts to diversify the Kuwaiti economy and reduce its dependence on oil-related industries led to growth in other sectors, including construction. Furthermore, the emergence of a younger population, with larger numbers of expatriates, encouraged growth in the commercial and residential construction markets. Moreover, with planned investments totaling US$104,000 million during the forecast period, growth in the construction industry is expected to continue. While a proposed US$54,220 million of the investment will be provided by the Kuwaiti government, it is hoped that the remainder will be sourced from private investors that are keen to take advantage of new opportunities in the construction industry.. As a result, several opportunities are expected to arise in the construction industry for international project development companies.Companies Mentioned
Combined Group
Kharafi National
Heavy Engineering Industries and Shipbuilding Company K.S.C.
Aerated Concrete Industries Co. K.S.C.
Integrated Logistics Company
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