Construction in the UAE Key Trends and Opportunities to 2021 Research Report is a 76 pages report that analyses the important areas in the market- Order report by calling ReportsnReports. com at + 1 888 391 5441 OR send an email on sales @ reportsandreports. com with Construction in the UAE Market in subject line and your contact details.
Synopsis
In real terms, the UAE construction industry posted positive growth during the review period( 2012 – 2016). Construction activity experienced a slight slowdown during 2015, owing to the impact of low oil prices. In addition, economic slowdown in China weighed on the UAE’ s economic performance.
Despite modest economic growth, the country’ s construction industry registered positive growth during the review period, driven by the government’ s investments in transport, residential and commercial infrastructure projects.
The industry is expected to expand over the forecast period( 2017 – 2021), driven by positive developments in regional economic conditions and subsequent improvements in investor confidence. Moreover, the government’ s various large-scale investments in transport and commercial infrastructure projects on the back of the upcoming‘ World Expo 2020’ will be a major driver for the industry’ s growth over the forecast period.
The industry’ s output value in real terms increased at a compound annual growth rate( CAGR) of 4.38 % during the review period, and is expected to post a CAGR of 4.68 % over the forecast period
The government’ s plans to diversify from an oil-dependent economy, while focusing on growth in non-oil sectors, are expected to drive investment in the construction industry over the forecast period.
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Summary Timetric Construction in the UAE, Key Trends and Opportunities to 2021 ' report provides detailed market analysis, information and insights into the UAE construction industry, including:
• The UAE construction industry ' s growth prospects by market, project type and construction activity
Construction in the UAE Key Trends and Opportunities to 2021 Research Report