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Saudi Arabia and other Middle East countries lead the way


Saudi Arabia is currently leading the way along with other Middle East countries with respect to construction projects. This might result in creating a great potential market for used self erecting tower cranes and other construction related equipment manufacturers.  There are currently about with different projects in the pipe line worth $750 Million. Iraq which has been affected by war lately becomes another third largest country in terms of construction projects accumulating around $315 billion of new projects. These construction projects have created more opportunities for contractors because these countries are looking to spend across different segments.
Construction Currently in Progress


Kuwait another country with around 10% growth in the construction projects this year. But the domestic market of Qatar is expected to be hampered because of the political tensions in the country. But the only draw is that as the number of construction projects are increasing in Middle East the number of these projects being canceled or being delayed is also increasing slowly and gradually. Because of this construction equipment manufacturers market is dropping and the demand for used machinery suppliers and used mobile tower cranes is increasing. It is actually the cost benefit that most of the countries are looking for.

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