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Gulf countries are investing billions of dollars on the construction industry to diversify their economies, which have traditionally been dominated by hydrocarbons. Infrastructure spending of the countries of the Gulf Cooperation Council (GCC) is expected to reach 205 billion U.S. dollars by 2013.
For example, Abu Dhabi plans to invest US$1 trillion on infrastructure projects, more than 285 civil construction projects worth in excess of $260 billion are currently underway or in design in Saudi Arabia, according to the latest analysis and Qatar is expected to experience a 17.6 percent year-on-year growth this year in the construction sector.
With the growing market demand for infrastructure projects and faster and more cost effective construction, the piling companies look for establishing best practice in building quality foundations for their projects.
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