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