Friday, March 27, 2009

Laing O’Rourke Flat Growth in the Middle East for 2009

UK construction giant sees no Mideast growth in 2009
Arabian Business.com
Laing O'Rourke, the UK's biggest privately owned construction company, expects its growth to be flat in the Middle East in 2009 as new contracts dry up, company chairman Ray O'Rourke has said.
The region had been a strong area of growth in recent years, with the value of orders in the region swelling to $615m in 2008, accounting for a tenth of total company revenues, O'Rourke said. ...

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