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12

Mazaya Monthly Real Estate Report

Week 4 - December 2016

GCC States Forging Ahead with Infrastructure

Investments Despite Economic Challenges

Large-scale infrastructure projects

play a major role in a country’s

drive for development. They are

inseparably associated with urban

growth

and

development,

as

manifested through the economies of

the Gulf region. Such enterprises are

conducive to opening up fresh vistas

of investment, ultimately resulting

in strengthening the economy.

In its weekly report, Al Mazaya

Holding summarised the benefits of

infrastructure projects as follows:

developing economy-strengthening

plans and strategies; providing an

investment momentum; enabling

economies to survive challenges;

coping with economic changes,

developments

and

variables;

providing investors with sufficient

business opportunities; and creating

an investment-friendly environment.

The report added that despite the

financial and economic pressures,

the region’s countries are forging

ahead with their developmental and

expansion infrastructure plans, and

are set to launch new projects over

the coming period to enhance their

competitive edge and bolster their

investment-friendly

environment.

Infrastructure Projects Provide Robust Investment Momentum