Bidding Difficulties Appear for Gulf Cooperation Council Countries as Project Capital Expenditure Ceiling Looms

JOHANNESBURG--August 13, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--As Gulf Cooperation Council (GCC) countries look to maintain the increasing pace of oil production to support the drive for infrastructure development, Dubai-based consulting firm Contax sees several hitches in the project bidding process in the region.