New Market Study: "Construction in Kuwait - Key Trends and Opportunities to 2016"
The Kuwaiti construction industry increased in value at a compounded annual growth rate (CAGR) of 1% during the review period of 2007-2011. This slow CAGR was a result of the 2009 economic crisis, which led the construction industry to shrink at a rate of 9.8% in the same year. In the pre-recession years, the construction industry in Kuwait was active, driven by the government's diversification initiatives and several investment programs for infrastructure development. The construction industry's growth of 17.6% in...
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