2013-03-22 08:34:33 - The UAE Construction Industry is projected to grow at a CAGR of 9.5% during 2012-2016, says RNCOS in its latest research report.
The UAE has become an international investment hub for construction projects and exhibiting a tremendous growth over the past few years. Among all the emirates, Abu Dhabi is expected to become the centre of the construction boom owing to rising government support. Besides, real-estate market in Abu Dhabi is currently undersupplied with the demand exceeding supply in all three residential, office, and retail sectors. Further, in its development phase, the capital city is launching large infrastructure and housing projects, and is set to see similar growth in future as well.
The UAE Construction Industry is growing immensely over the past few years owing to improving economic condition and growing real GDP in the country. Besides, the number of cumulative residential units
is also increasing continually in the country due to increasing expatriate population. Moreover, increasing demand and rising investments from public and private enterprises in the country is also propelling the Construction Industry in the country. In addition, the government is making efforts to encourage the Industry by liberalizing its policies, which are effecting the growth of the industry. Therefore, considering these factors, the UAE Construction Industry is anticipated to grow at a CAGR of around 9.5% during 2012-2016.
Our report, “UAE Construction Industry Outlook 2016”, provides extensive information and rational analysis of the UAE Construction Industry. It covers in-depth analysis of all the Emirates including their recent construction developments along with its sub-segments, such as residential, retail and hospitality. It also offers an insight into the UAE Construction Industry in context of GCC. In addition, our report covers the detailed analysis of microeconomic indicators including factors, such as demographic profile, real GDP, and FDI.
Also, to provide a better understanding to our client, the report covers a comprehensive analysis of the leading market players including their current construction projects and their key statistics. It also provides a study on the regulatory developments in the country. Overall, the report is likely to provide the industry’s clear picture to those investors or players who are planning to enter the market.
For FREE SAMPLE of this report visit: www.rncos.com/Report/IM470.htm
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RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.