UAE Construction Industry Outlook 2016
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Publish Date : Feb, 2013| No. of Pages : 70
The UAE construction sector is going through a phenomenal growth phase with a score of ongoing projects, investment into green open spaces, and the strong government support. Further, the country is witnessing massive investments in the Construction Industry from both public and private enterprises coupled with the increased foreign direct investment over the past few years.
In their latest research report, “UAE Construction Industry Outlook 2016”, RNCOS analysts identified the speedy economic developments that are driving construction activities and infrastructure development in the UAE. The market, which is estimated at US$ 39.4 Billion in 2012, is expected to grow at a CAGR of around 9.5% during 2012-2016. Further, our analysts have also identified the major emerging trends and the key challenges confronted by the Industry.
In the report, the Construction Industry has been studied on emirates level, covering four major construction segments viz. residential, retail, office, and hospitality. Our team has analyzed ongoing projects in the country coupled with the analysis of the emirates in which the major construction activities are concentrated. Through this, our analysts have done a thorough opportunity assessment in various construction sectors and highlighted the sector that offers maximum opportunity for growth.
Besides, our team has also analyzed the existing regulatory developments that are affecting the growth of the Industry in the country. Also, to provide a thorough understanding of the major players; their business segments, global presence and financials have been analyzed. Additionally, their current construction projects have also been covered to provide a complete picture of the existing competitive environment.