WCT – SHINE FORVER
With oil price traded at USD100 a barrel, the value of total proven oil reserves in the world is USD121 trillion. However, USD48 trillion or closed to 40% belong to Middle East Countries.
The annual oil exports from Middle East countries estimate USD1.3 trillion per year. With the risk of recession due to sub-prime that will have significant impact on the world economy, the only region that will continue enjoy prosperous grow with too much petrol-money to continue flow in are Middle East Countries. Thus, it has benefit WCT which has significant present in Middle East.
- It is the most established amongst all the Malaysia contractors in the Middle East.
- It currently holds around RM7 billion worth of outgoing jobs in Middle East including :
*Abu Dhabi F1 Circuit, UAE
*Meydan Racecourse, Dubai, UAE.
*New Doha International Airport, Qatar
*Dukhan Highway, Qatar
*Bahrain City Center, Bahrain.
*Durrat Al-Bahrain, Highway, Bahrain.
*Dubai Storm Water, UAE.
Even the world economy crash, the Middle East Countries will continue enjoy prosperity with too much petrol money and continue to spend on those mega projects which will benefit WCT.
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