Dubai-Mubasher: The GCC region has invested more than $37 billion in the building material industry in 2014, said the Gulf Organization for Industrial Consulting (GOIC).
The building material investments accounted for nearly 9.8% of the total accumulated funds invested in the manufacturing industries reaching around $380 billion, GOIC’s Secretary General Abdulaziz Al-Ageel told Oman News Agency.
He added that the number of GCC building material plants amounted to 2,858 in 2014, dominating roughly 17.5% of the total manufacturing plants that reached 16,292.
The number of workers in this industry amounted to nearly 259,400, or 17% of the total workers reaching around 1.5 million, Al-Ageel said.
