"Oman Infrastructure Report Q3 2014" Published
We currently forecast Oman's construction industry growth to reach 6.4% and peak at 6.7% in 2015. This is on the back of robust growth estimated in 2013 and a strong project pipeline, particularly in the transport infrastructure sector. The government's USD78bn five-year (2011-2015) spending plan is a major part of this view, along with investment associated with a burgeoning tourism industry. Although weaker than the double-digit growth seen in the last decade, we expect strong growth by an average of...
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