Tuesday, January 31, 2012

Oman: Government spending in construction industry to jump 23%

Projecting a total government spending of $10 billion for the construction industry in the financial year 2012, an increase of 23 percent over the corresponding figure for 2011, Engineer Abdullah bin Rashid Al Kiyumi, director-general of projects at the Ministry of Housing, asserted that the pace of infrastructure spending will be equally vigorous during the Eighth Five-Year Development Plan.

Engineer Abdullah bin Rashid Al Kiyumi said: "The construction industry is one of the mainstays of our economic growth and prosperity"
� Muscat Press and Publishing House SAOC 2012

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Source: http://www.albawaba.com/govt-spending-construction-industry-jump-23-10b-411055

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