Vol. XXI, No. 144 [ Business World Online ]
Thursday, February 21, 2008 | MANILA, PHILIPPINES
DUBAI — The Gulf’s booming construction industry is feeling the heat of soaring materials costs and labor shortages amid concern that supply pressures could delay the completion of projects.
The economy minister of the United Arab Emirates (UAE), whose construction and real estate sectors contributed 23% of the economic output in 2007, has warned that supply constraints might slow construction in the area.> > > [ full story ]
____________________________
