Bahrain: Construction sector expected to recover in 2021

Bahrain: Construction sector expected to recover in 2021

Bahrain's construction output contracted by an estimated 0.2% in real terms in 2020 as the industry faced disruptions due to the Covid-19 pandemic and movement restrictions to prevent its spread. Added to this was the oil price drop, which further compounded this problem as Bahrain is highly dependent on oil revenue. However, driven by investments “¦

The post Bahrain: Construction sector expected to recover in 2021 appeared first on Gulf Insider.Bahrain's construction output contracted by an estimated 0.2% in real terms in 2020 as the industry faced disruptions due to the Covid-19 pandemic and movement restrictions to prevent its spread. Added to this was the oil price drop, which further compounded this problem as Bahrain is highly dependent on oil revenue. However, driven by investments “¦

The post Bahrain: Construction sector expected to recover in 2021 appeared first on Gulf Insider.