Report Published: "Oman Infrastructure Report Q2 2013"
BMI View: The Omani construction and infrastructure sectors have defied global recession trends thanks to backing from oil-fuelled state coffers. The Oman Central Bank December 2012 Report shows that over H112, construction industry value was OMR633.4mn. Consequently, we have adjusted our growth estimates and forecasts to bring it more in line with the industry's development. We estimate real growth of 11.9% year on year for 2012, with industry value reaching OMR1.5bn. For 2013, we forecast growth of 8.4%, with construction...
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