Oman Construction Industry Analyzed by Ventures Middle East in Topical Report Published at MarketPublishers.com11 Oct 2013 • by Natalie Aster
LONDON – Oman has a hydrocarbon-based economy given rich surplus on its oil and gas production. The country’s oil and gas sector is not constrained by any price and output restraints. Nevertheless, the country is witnessing rapid exhaustion of its hydrocarbon resources that forced Oman to elaborate an ambitious diversification program. This program is supported by high oil surpluses in the past several years and burgeoning demand, increasing inflow of expatriate labor, etc. The national economy (and especially its construction sector) is expected to be boosted by the increasing tourist volumes and increasing foreign direct investments in the 2 forthcoming years.
In 2013, the contracts awarded across the Oman construction industry’s sectors almost reached USD 6.9 billion. The figure is expected to almost double in 2014 to exceed USD 12.6 billion. The Oman construction industry growth is spurred by the increasing investments and continued expansionary fiscal policy of the government.
Topical research report “Oman Construction Industry 2013 - Rising Potential from Unexpected Quarters September 2013” prepared by Ventures Middle East LLC offers a comprehensive guide to the Oman construction market.
The report provides an extensive overview of the Oman construction market and presents in-depth analyses of the key market sectors (buildings, oil and gas, power and water, and infrastructure). The research study describes current market situation, highlights the key factors driving and restraining the market, reviews main political, social, economic, technological, legal and environmental factors shaping the market, and also contains statistics on the contracts awarded across the key market sectors and sheds light on the top construction projects in the country. Moreover, the report outlines top market opportunities and offers a detailed future market forecast through 2014.
Oman Construction Industry 2013 - Rising Potential from Unexpected Quarters September 2013
Published: September, 2013
Price: US$ 600.00
Other In-demand Topical Research Reports by Ventures Middle East Include:
- UAE Construction Industry June 2013
- Qatar Construction Industry - Gaining Momentum to Beat Deadlines
- Kuwait Construction 2013
- Kingdom of Saudi Arabia (KSA) Construction Industry Overview
- Libya Construction Industry 2012
More in-demand research reports by the publisher can be found at Ventures Middle East page.