The 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.
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
Save time and investment on research and analysis. Gather exclusive data on the UAE projects market through this in-depth analysis.