Ara
Price drop could hurt GCC construction in 2017
- Contruction Week
- 11 Ara 2015
- 1 dakikada okunur
The ramifications of diminished oil prices could hit the regional construction industry in 2017 if prices do not recover next year.
Robert Holtkamp, CEO of Omani aluminium extruder NAPCO, toldConstruction Week his company looks steady in terms of projects for next year.
When asked how he expects demand for his products to shape up in 2016, Holtkamp replied: "It all depends on the oil prices.
"Budgets have already been allocated for projects in 2016 so we will be busy, but if the prices do not jump up [then] we will feel it in 2017."
For more http://www.constructionweekonline.com/article-36639-price-drop-could-hurt-gcc-construction-in-2017/
