$2.4trn worth of projects in GCC’s pipeline offer vast opportunities

Dubai / Emirates Business

With an estimated $2.4 trillion of projects planned across the GCC, the region still offers abundant opportunities as governments seek to develop infrastructure to meet the needs of rapidly expanding populations, and to deliver economic diversification.
The region offers some of the best project opportunities in the world. The need for infrastructure and economic diversification is greater than ever.
To honour stakeholders in the projects market for their outstanding contributions to growth of region, leading business intelligence provider MEED has shortlisted 80 firms and individuals to qualify for its prestigious MEED Awards programme.
The UAE has 60 finalists competing not just for honours in various categories, but also for a stake in some $640 billion worth of projects in the pipeline across the emirates.
“In putting the spotlight on the achievements of various stakeholders in the projects market in the GCC, we hope to highlight their invaluable inputs to the current growth and future sustainability of the region,” said John Emmerson, Director of Events, MEED, the leading business intelligence provider in the Middle East.
As financing will be a critical factor to securing and implementing new projects, finalists have also been selected for the Financial Institution of the Year category such as Abu Dhabi Islamic Bank and Dubai Islamic Bank.

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