Rental Penetration Growing in Middle East, Rental Company Owner Asserts

Nov. 29, 2010
Rental is growing in the Middle East with construction companies increasingly preferring the rental option, Chris Nixon, managing director of Nixon Hire said at the Big 5 PMV exhibition in Dubai, U.A.E.

Rental is growing in the Middle East with construction companies increasingly preferring the rental option, Chris Nixon, managing director of Nixon Hire said at the Big 5 PMV exhibition in Dubai, U.A.E.

Nixon said the U.K.-based company has sustained a 10-percent monthly growth in rental since it expanded into Qatar in November 2009. Nixon said the construction environment has improved in 2010, with GDP growing at an annual double-digit pace.