PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2010/06/24 - With huge potential and massive investments, the UAE construction industry is expected to grow at a CAGR of 20% during 2010-2013.
According to our research report "UAE Construction Industry Outlook to 2012", UAE construction market, which is the largest construction market in the Gulf region, has continued to witness massive investments from both public as well as private investors. Recent statistics show that while projects of worth US$ 29 Billion (approx) are currently under construction in the UAE, additional projects of worth around US$ 77 Billion are being planned for the years to come.
Moreover, the construction sector is playing a pivotal role in the growth of the national economy. As per the recent statistics, the contribution of construction sector to the nation’s gross domestic product (GDP) grew considerably to around 11% during 2009. The share is expected to increase further as the sector is projected to grow at a CAGR of around 20% during 2010-2013.
The report provides exhaustive information and detailed analysis of the fast-growing construction industry in the Emirates. The report also discusses the market structure, current and past market performance, and factors critical to the success of the construction industry.
It categorizes the entire construction sector into four main segments: Tourism, Hospitality, Retail and Healthcare. All the segments have been analyzed in detail, and the important players operating in the sector have also been identified. Key Players section of the report talks about business profiling and strategies for business expansion of all the leading players.
Moreover, the report evaluates all the emerging trends including key growth drivers and key challenges to help investors better understand the market conditions. Promising growth areas for expansion along with an overview of competitive landscape in the UAE infrastructure industry are also included in the research report.
"UAE Construction Industry Outlook to 2012" contains details of projects under construction in tourism, hospitality, and healthcare sectors coupled with information on retail project investment. The report presents forecast analysis for the construction industry based on past drivers, challenges, and opportunities for expansion. In this way, the report provides an unbiased market picture that will prove decisive for the clients.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.