Infrastructure And Employment Creation In The Middle East And North Africa

Download or read book Infrastructure and Employment Creation in the Middle East and North Africa written by Antonio Estache and published by World Bank Publications. This book was released on 2013-01-31 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The differences in infrastructure and maintenance needs across sub-regions are also impressive, with developing oil exporters expected to require almost 11 percent of their GDP annually, while the oil importing countries and the GCC oil exporters expected to need approximately 6 and 5 percent of their GDP, respectively. Investment and rehabilitation needs are likely to be especially high in the electricity and transport sectors, particularly roads. Rehabilitation needs are expected to account for slightly more than half of total infrastructure needs. While oil exporters will be able to meet their national infrastructure needs if they maintain investment spending at rates prevailing in the 2000s, oil importers will fall short. The infrastructure sector has the potential to contribute to employment creation in MENA.