• Formulate and validate strategy using Timetric ' s critical and actionable insight.
• Assess business risks, including cost, regulatory and competitive pressures.
• Evaluate competitive risk and success factors.
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KeyHighlights
• In a bid to represent Dubai as a global hub for renewable energy, in November 2015 the government launched the Dubai Clean Energy Strategy 2050. Under this strategy, the government announced its plans to invest AED100.0 billion( US $ 27.2 billion) in a green fund so as to encourage investments in renewable energy projects.
• On account of hosting the‘ World Expo’ in 2020, the Dubai government is making significant investments to develop Expo-related infrastructure. Accordingly, in 2015, the government announced its plans to invest over AED32.0 billion( US $ 8.7 billion) to construct the Expo site on a 4.3 million m2 area, as well as other related infrastructural facilities in the Dubai South district.
• In September 2016, Dubai Holding launched the Jumeirah Central project, which involves the development of a new city district across 4.4 million m2 of gross floor area in Dubai. With a total investment of AED73.0 billion( US $ 19.9 billion) the project includes the construction of over 278 buildings, consisting of 11,000 housing units, retail units spread across an 845,417.6 m2 area, office facilities across a 743,224.3 m2 area and 7,200 hotel rooms.
• Chemaweyaat, the National Chemicals Company of Abu Dhabi, is developing a large-scale project called the Tacaamol-Al Gharbia Chemical Industrial City in Taweelah, Al Gharbia. This project involves a total investment of AED73.5 billion( US $ 20.0 billion), and is expected to be implemented in three phases.
• According to the World Economic Forum’ s Global Competitiveness Report 2016 – 2017, the UAE ranks fourth out of 138 countries, in terms of the quality of overall infrastructure. Moreover, the country retained its leading position secured in the previous year, in terms of the quality of road, air and port transport infrastructure.
Construction in the UAE Key Trends and Opportunities to 2021 Research Report