New Market Research Report: Libya Infrastructure Report 2014
Following a 79.0% contraction in real industry value in 2011, we believed that 2013 would be the earliest the construction industry would experience a recovery. The sector saw the beginnings of rehabilitation in 2012, with 3.9% year-on-year real growth witnessed; however, 2013 looks set to impress, with the industry set to experience 25.0% growth over the year as a whole, followed by a 27.0% expansion over 2014. While strong, this is by no means spectacular, given the context; with the...
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