The UAE is the most dynamic and a highly emerging economy in the Middle East. Driven by its oil wealth, the country has witnessed an unmatched development and transformation over a period of time. Oil exports and foreign investments are the two important aspects which have completely changed the face of the UAE in the region. The UAE is now one of the most competitive economies in the region when it comes to attracting foreign investments.
The rapid economic development of UAE has been fuelling an unprecedented construction boom and infrastructure development in all corners of the country that attracted investors from around the world. Most of the investments are directed in developing infrastructure for tourism, hospitality, retail and healthcare industry. The government’s efforts to diversify from oil-based income to other industries will drive the infrastructure investments in the country in coming years. It is anticipated that the UAE will continue to attract the bulk of investments and will emerge as the gateway to tap the emerging gulf market.
Despite the economic slowdown all over the world, the UAE seems to be committed to develop several projects in housing, tourism, industrial and commercial facilities, education and healthcare amenities, transportation, utilities, communications, ports and airports which are poised to change the face of urban landscape in the years to come, according to our new research report, “UAE Construction Industry Outlook to 2012”.
This report provides an insight into the fast growing infrastructure industry of the UAE. It analyzes the strengths and weaknesses of the industry and provides an overview on the opportunities it opens up for national and international players. It also briefs on the threats the industry is facing or may face during its course of infrastructure development. The study is supplemented with the competitive landscape in the UAE infrastructure industry.
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About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
