UAE is now showing signs of emerging once again as one of the leading projects markets in the region. In the first five months of the year, $13.5bn worth of contracts have been awarded in the federation, making it the second largest market in the GCC after Saudi Arabia. Leading the way has been offshore investment, with the biggest contract being the $3.75bn contract to expand production at the Upper Zakum field.
As the opportunities and spending grows, contractors and suppliers alike are again looking at the UAE as a serious growth market. This will especially be the case if Dubai wins the rights to host the 2020 World Expo which will act as a real further catalyst for investment.
MEED Insight’s latest market intelligence report, the first on the UAE projects market, provides a comprehensive overview of the political, macroeconomic and projects market scene in the region. Each projects sector is thoroughly analysed to provide an in-depth insight into current and future project plans supported by project data, diagrams and maps.
Comprising more than 100 pages, the report is a valuable guide in highlighting the potential opportunities and challenges for any company wishing to do business in this exciting new market.
The UAE Projects Market report provides details on individual projects with exclusive qualitative and quantitative information taken from the key clients directly and from exhaustive research conducted by the MEED Insight team.
Looking at Abu Dhabi, Dubai and the Northern Emirates, the report will cover every key sector in the local projects market including, oil and gas, petrochemicals, industry, power and water as well as construction and infrastructure. In addition, the research report also offers a macroeconomic and political overview to provide context to the projects market growth.
Through this comprehensive report you will gain insight to:
- Current and future size of different sectors
- Proprietary client and contractor rankings
- Key challenges facing new entrants to the market
- Growth potential for Dubai as it recovers from its debt crisis
- Long-term vision of each emirate and its strategy for future growth
On the civil construction side, there have been several notable deals such as the Abu Dhabi airport midfield terminal, the Louvre museum and Meeras’ Dubai Eye project. At the same time Dubai’s announcement on the Mohammed Bin Rashid City and Bollywood theme park projects as well as a series of other projects highlight the emirate’s intention to get back on track. All told the UAE has more than $200bn worth of planned and un-awarded projects and the figure is growing by the week as more schemes are announced.
Save time and investment on research and analysis. Gather exclusive and original data on the UAE projects market through this in-depth examination.
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