The MENA glass and glazing industry is experiencing significant growth. It is estimated that a total of $4.3 trillion will be spent on construction in the MENA region over the next decade. Building projects worth over $68.7BN were completed in the GCC in 2012, according to a report commissioned by Ventures Middle East, a growth of 48% compared to 2011 when $46.5BN of projects were completed. Moreover, the market is forecast to grow by a further 19% in 2013 with the value of completed projects set to reach $81.6BN. It is also estimated that the value of new projects set to start on site is likely to climb by a third to $64.5BN in 2013. Qatar is one of the fastest-growing construction markets with some 300 regional projects worth over $143BN are in the design, planning or bidding phases, according to GGF MENA, the regional arm of the UK Glass & Glazing Federation.
