Page 33 - Trends
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ministry recently said it would sell some   The construction market in the GCC clocked 30 percent growth rate
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           LQJ SULYDWL]LQJ SDUWV RI WKH VWDWH RZQHG   in the current financial year, with $130 billion of completed projects.
           energy infrastructure.
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           VWUHVVHV WKH UROH  RI WKH SULYDWH VHFWRU  LQ   LW\  LQ  WKH  SULYDWH  VHFWRU  —   hotels and   Gulf nation.
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           IUDPLQJ PRUH HIIHFWLYH SROLFLHV IRU DWWUDFW-  ÀQDQFLDO  VHUYLFHV  VHFWRU   WUDQVSRUWDWLRQ    SULYDWH  VHFWRU   $EX  'KDEL  1DWLRQDO  2LO
           LQJ  IRUHLJQ  LQYHVWPHQWV   .XZDLW  LV  DOVR   communications and real estate being   Company (ADNOC), the second biggest
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           four years and aiming at reducing the of-     100                 $200 BILLION            4.7 PERCENT
           ÀFLDO FRQWULEXWLRQ LQ SURMHFWV WR    WR
           SHUFHQW E\       WKRXJK LW KDV \HW WR PDNH   During the valuations,    Riyadh has begun the process   The Bahrain Economic
           SURJUHVV LQ HQODUJLQJ WKH VFRSH RI SULYDWH   the authorities have    of privatizing utilities and   Development Board gave the
           SOD\HUV· FRQWULEXWLRQ WR WKH HFRQRP\     identified more than    offering stakes to raise this   entire credit of this percent
             7KH  %DKUDLQ  (FRQRPLF  'HYHORSPHQW   this number of opportunities    whopping amount for economic   growth of its non-oil economy
           %RDUG  LQ  LWV  TXDUWHUO\  HFRQRPLF  UHSRUW   for pursuing PPPs.  and social development.  to activity in the private sector.
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