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« ABN ramps up in Canada, announces new infrastructure fund | Main | Public uses, Private profits »

March 2, 2006

$1 trillion worth of Mideast projects are in the pipeline

DUBAI — The project finance sector in the Middle East, which accounted for almost a quarter of 2005's total global deals valued at $145 billion, will witness sustained buoyancy with more than $1 trillion worth of projects in the pipeline over the next eight to 10 years.

According to leading project finance analysts, a host of mega petrochemical and non-oil projects under way in GCC's public and private sectors will keep the project finance industry vibrant for several years. Major projects, in addition to several airport and infrastructure projects...

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Posted by rjorr at March 2, 2006 5:47 PM