Focus on project finance: a whole series of mega-projects are planned in the Gulf states as governments seek to diversify their economies.
The Middle East › Nbr. 2011, January 2011
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Focus on project finance: a whole series of mega-projects are planned in the Gulf states as governments seek to diversify their economies.
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PROJECT FINANCE IS BIG BUSINESS IN the Middle East and North Africa. Although the total amount spent last year is less than in the boom year of 2007, before the global financial crisis, it is still expected to account for some $30 billion of spending this year, half of it in the GCC states. But while the figures are down, what's up is the growing role of the private sector, and of foreign investors. And that is likely to help bring new technology, state-...See the full content of this document
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