Tag: GCC

Industrial Construction in the UAE to 2019: Market Forecast – openPR



  • The construction sector can be broadly classified into five categories: Commercial, Industrial, Infrastructure, Institutional and Residential.
  • The reasons for this growth can be attributed to various macroeconomic factors conducive to the construction sector.Key Macroeconomic Trends Driving Growth in UAE Industrial Construction SectorUAE is one of the most diversified economies in the Gulf region.
  • Looking at the Middle East, UAE can be seen as one of the fastest growing economy, with its construction industry ranked third among the construction industries of the Middle East countries.
  • The construction industry is third largest economic activity after oil and trade, in the UAE, including approximately 6000 companies with most of the construction activities taking place in Abu Dhabi and Dubai.
  • The industry’s output value in real terms is forecast to rise at a CAGR of 6.52% in the next five years period; up from 3.55% during the period 2010-2014.The promising future of the construction industry can be seen by observing its past trend.


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The Big 5 opens today with thousands of certified products on display



  • Counting both ongoing and planned construction projects, the GCC’s construction pipeline totals $2.8 trillion, especially in mixed-use mega-developments, airports and seaports, and transportation infrastructure, according to the recent report by Deloitte.
  • “The Middle East is seeing nationwide transformation in construction innovation, with projects for mega-events such as World Expo 2020 in Dubai and 2022 FIFA World Cup Qatar stretching design boundaries.
  • The building and construction sector in Jebel Ali Free Zone (Jafza) has witnessed 74 per cent growth in the last five years growing from Dh10.7 billion in 2009 to Dh18.6 billion in 2014.
  • Advancing government BIM mandates further demonstrate the Middle East’s desire to be on par with global innovators in the construction field,” Paul Wallett, area business director, Tekla Middle East, said in a statement.
  • Among the top visiting countries to the event will be the UAE, Saudi Arabia, Iran, India, Oman, Qatar, Kuwait, Bahrain, Egypt and Pakistan.


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BIM is ‘wake up call’ for Qatar’s contractors



  • RELATED ARTICLES: Revealed: How BIM can help procurement managers | BIM for FM: A Bird’s Eye View | How is BIM transforming GCC project delivery?
  • With Qatar’s rising number of projects – from skyscrapers to stadiums – what can be done to further encourage BIM adoption in the country?

  • Contractors adopting BIM across the whole project delivery would enhance Qatar’s standing as an innovation hub, while driving the country’s competitiveness on a global scale.

  • But on a countrywide level, the adoption of BIM by contractors lags behind the region and the rest of the world.
  • With BIM, organisations can deliver projects on time, on budget, and with a goal towards sustainability.


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