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Moroccan construction industry growth estimated to register 6.8% CAGR to 2015
May 26, 2011
The Moroccan construction industry is estimated to grow at a compound annual growth rate (CAGR) of 6.8% to 2015, primarily driven by the infrastructure and residential markets.
Morocco is planning considerable investment in the construction industry to meet the growing domestic demand. The country's growing economy and rising income among the middle class group, which constitutes 30% of the total population, have resulted in increased demand in the country.
Posted by prameelav on 5:26 AM | Comments (0)
Global crane market expected to register 10.7% CAGR to 2015
May 20, 2011
The global consumption of the cranes, lifting and handling equipment consumption is expected to record a compound annual growth rate (CAGR) of 10.7% until 2015 owing to the improved investment climate in developed countries and continued demand in emerging nations.
In 2010, the market for cranes, lifting and handling equipment recorded a production growth of 5.9% and consumption growth of 4.7%, rebounding from a decline in consumption and production in 2009.
Posted by prameelav on 12:45 PM | Comments (0)
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