446669 Surviving the Down Times. Which Projects Will Make It

Wednesday, April 13, 2016: 8:30 AM
343A (Hilton Americas - Houston)
Ahmed Khogeer, KAUST & Thuwal development Projects, Saudi Aramco, Thuwal, Saudi Arabia

With oil prices reaching near historical low in terms of constant dollars, and oil producing countries having budget deficits, what will be the future of the mega projects world wide and in the oil producing countries?  Will we see more fuel expansion projects?  Renewables?  Solar?  Will infrastructure and housing projects have the highest priority?  Will it be a good time to invest while construction market slowed down?  This is what we will discuss in this paper giving the high uncertainty in the oil market and the efforts of opec countries to decrease the dependency on oil.

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