Construction Spending Development Market in the GCC Countries Development Market 2017-2019
Albany, New York, Feb 17, 2017 "Construction Spending Market in the GCC Countries Market 2017-2019" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- – Market outlook of the construction spending market in the GCC countries Technavios market research analyst estimates the market for construction spending in GCC to post a strong CAGR of nearly 8% by 2019. Growing investment in transport infrastructure, development of economic cities, and the rising demand for affordable houses are examples of some critical factors that foster growth in this market during the forecast period. Growth in the transportation sector is the key driver for the growth of this market. Even though the GCC countries have well-developed highways and airports, the recent rise in population is expected to bolster the demand for a better public transit system during the forecast period. Moreover, since trade ser