Dubai – Mubasher: Jebel Ali Free Zone (Jafza), a subsidiary of Dubai-based ports operator DP World, on Tuesday announced that it attracted about 26 steel and construction materials companies from 17 countries during the first eight months of 2017.
The Middle East acquired the lion’s share of these companies with 11 firms, followed by Europe and Asia-Pacific region with 8 and 7 companies, respectively, Jafza said in a statement.
The steel and construction materials companies are expected to maintain their growth in the coming years on the back of the huge volume of the construction projects in the Middle East, DP World’s chairman Sultan Ahmed bin Sulayem stated.
A report published earlier by Business Monitor International (BMI) Research expected that the Middle East and North Africa (MENA) region would top the international construction market in terms of growth rate on the medium- and the long-term.
