Middle East Energy Project Spending Down, but Outlook is Promising, an Industrial Info News Alert

SUGAR LAND, Texas, Feb. 19, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--The pipeline of planned capital and maintenance project activity across the Middle East energy markets is lower than previous periods in terms of total dollar value, but the number of active projects with a planned start date in 2018-20 has increased. Industrial Info is tracking progress across $756 billion worth of industrial infrastructure capital and maintenance projects across 12 industries in the Middle East, of which almost 70% is still at the planning or engineering stage and associated with more than 2,200 active projects.

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Brian Ford

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SOURCE Industrial Info Resources, Inc.