UAE Construction Market Growth And Forecast Report To 2019: Radiant Insights, Inc
The industry's output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 6.52% over the forecast period, up from 3.55% during the review period (2010-2014). Read More @ http://www.radiantinsights.com/research/construction-in-the-uae-key-trends-and-opportunities-to-2019
The industry's output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 6.52% over the forecast period, up from 3.55% during the review period (2010-2014).
Read More @ http://www.radiantinsights.com/research/construction-in-the-uae-key-trends-and-opportunities-to-2019
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This report provides a comprehensive analysis of the construction industry in the <strong>UAE</strong>. It provides:<br />
Historical (2010-2014) and forecast (2015-<strong>2019</strong>) valuations of the construction industry in the <strong>UAE</strong> using<br />
construction output and value-add methods<br />
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and<br />
residential) and by project type<br />
Breakdown of values within each project type, by type of activity (new construction, repair and<br />
maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)<br />
Analysis of key construction industry issues, including regulation, cost management, funding and pricing<br />
Detailed profiles of the leading construction companies in the <strong>UAE</strong><br />
Reasons to Buy<br />
Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting<br />
methodologies<br />
Assess market growth potential at a micro-level with over 600 time-series data forecasts<br />
Understand the latest industry and market trends<br />
Formulate and validate business strategies using Timetric's critical and actionable insight<br />
Assess business risks, including cost, regulatory and competitive pressures<br />
Evaluate competitive risk and success factors<br />
Key Highlights<br />
The <strong>UAE</strong>'s infrastructure construction market will be supported by large-scale investment in the<br />
construction industry, due to Dubai hosting the World Expo 2020, which will require transport<br />
infrastructure, hotels, retail and residential buildings, and other related facilities. In order to host the<br />
event successfully, the <strong>UAE</strong> government will prioritize infrastructure development as a key investment<br />
area, to enable the country to handle the expected visitor volumes. Consequently, the government is<br />
investing in modernizing public transport systems and airport construction. <strong>To</strong> prepare for the event,<br />
AED157.9 billion (US$43.0 billion) is required to be spent on roads, highways, rail, airport and other<br />
related infrastructure, according to the Deutsche Bank.<br />
With robust and modern transport infrastructure vital to economic growth and competitiveness, the<br />
<strong>UAE</strong> government is focusing on transport development. In 2014, the <strong>UAE</strong>'s National Transport Authority<br />
(NTA) announced plans to spend AED91.8 billion (US$25.0 billion) on rail infrastructure by 2020.<br />
Government focus on the country's development as a tourist destination ahead of the World Expo 2020<br />
is expected to drive growth in the <strong>UAE</strong> construction industry over the forecast period. The event is<br />
expected to attract 25 million visitors, creating opportunities for businesses.