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(Construction.IndustryNews247.Com, March 12, 2018 ) The UAE construction industry regained growth momentum in 2017, with output expanding by 3.9% in real terms-up from 3.0% in 2016. Growth during the review period (2013-2017) averaged 4.1% a year, and was supported by public and private sector investment in transport, commercial, residential and energy infrastructure projects, leading to an increase in demand for the UAE construction industry.
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The industry is expected to continue to expand over the forecast period (2018-2022), driven by investments in transport, energy and social infrastructure development projects under various programs such as the Strategic Plan 2021, the Energy Strategy 2050, Sheikh Zayed Housing Program, Dubai Tourism Strategy 2020 and the National Strategy for Higher Education 2030. The upcoming World Expo 2020, to be hosted by Dubai, is expected to be a major growth driver.
Industry growth will also be driven by the UAE Vision 2021 and Abu Dhabi Economic Vision 2030, under which the government marks industrialization, diversification and privatization as growth opportunities. The government is investing in non-oil sectors to reduce the country's dependency on the oil and gas sector. This will support the growth of the construction industry over the forecast period.
The industry's output value in real terms is expected to record a compound annual growth rate (CAGR) of 4.73% over the forecast period.
Publisher's Construction in the UAE-Key Trends and Opportunities to 2022 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 -Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the UAE construction industry -Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
This report provides a comprehensive analysis of the construction industry in the UAE. It provides: -Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in the UAE, featuring details of key growth drivers. -Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector -Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. -Listings of major projects, in addition to details of leading contractors and consultants -Identify and evaluate market opportunities using Publisher's standardized valuation and forecasting methodologies. -Assess market growth potential at a micro-level with over 600 time-series data forecasts. -Understand the latest industry and market trends. -Formulate and validate strategy using Publisher's critical and actionable insight. -Assess business risks, including cost, regulatory and competitive pressures. -Evaluate competitive risk and success factors.
Complete Report is Available at http://www.reportsweb.com/construction-in-the-uae-key-trends-and-opportunities-to-2022
Table of Contents 1 Executive Summary 2 Construction Outlook: At-a-glance 3 Latest News and Indicators 4 Key Drivers and Risks 4.1 Economic Performance 4.2 Political Environment 4.3 Demographics 4.4 Risk Profile 5 Construction Outlook 5.1 All Construction 5.1.1 Outlook 5.1.2 Project analytics 5.2 Commercial Construction 5.2.1 Outlook 5.2.2 Project analytics 5.3 Industrial Construction 5.3.1 Outlook 5.3.2 Project analytics 5.4 Infrastructure Construction 5.4.1 Outlook 5.4.2 Project analytics 5.5 Energy and Utilities Construction 5.5.1 Outlook 5.5.2 Project analytics 5.6 Institutional Construction 5.6.1 Outlook 5.6.2 Project analytics 5.7 Residential Construction 5.7.1 Outlook 5.7.2 Project analytics 6 Key Industry Participants 6.1 Contractors 6.2 Consultants 7 Appendix 7.1 What is this Report About? 7.2 Definitions 7.3 About Publisher 7.4 About CIC 7.5 Disclaimer
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