Sector outlook 2008: Construction
As the market overheats, developers face challengers in securing labour and keeping down costs.Construction costs in the Gulf have risen by about 30 per cent over the past 12 months and new companies are entering regional markets, making the sector more competitive. But with a project mountain that keeps on growing, controlling costs and securing work will not be the main problem in 2008 - it will be finding manpower.
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