Description
One of the most tracked construction industries in the world as also a
pioneer in the adoption of state of the art technologies and introduction of
sustainable and green building and energy initiatives, the United Arab Emirates
(UAE), the confederation of seven Emirates in the Gulf region is also one of the
strongest economies in the Gulf Cooperation Council (GCC). It is not only backed
by a strong hydrocarbon base controlling about one third’s of the world’s supply
of hydrocarbons, but a leading destination for tourists and retailers owing to
its large affluent population that comprise 80 percent expatriates that sustain
demand and also attract investments from across the world into its construction
sector. UAE has been through a turbulent economic cycle which began with a
meltdown in the property and financial markets in 2008 vast erosion of property
values and economic growth thereafter in late 2009, the effects of which took
the entire 2010 and 2011 for the economy to recover from.
The government of UAE along with individual Emirates went on an extensive
diversification and spending programme not only to combat the slowdown but also
to build up the economy, tighten regulations to restore investor confidence,
shattered by the property and financial market crash that eroded nearly 60
percent of the property values across the Emirates, and to build up a much
needed industrial and infras
Table of Contents
UAE Construction Industry June 2013
Executive Summary
Chapter1. Strategic Overview of UAE Construction industry 2013
The UAE Construction Industry in 2013
Political
Economic
Social and Demographic
Technological
Legal and Regulatory
Environmental
Market Drivers and Restraints and Probability Impact Matrix
Market Growth Drivers
Market Growth Restraints
Construction Contract Awards for UAE Construction Industry, 2011-2014
Chapter2. UAE Oil and Gas Sector Overview
Downstream Sector
Market Size of UAE Oil and Gas Sector
Major Oil and Gas Projects in UAE
Chapter3.The UAE Power and Water Desalination Sector Overview
Industry Structure
Market Size of UAE Power and Water Desalination Sector
Construction Contract Awards For Power and Water Sector in UAE (2011
-2014)
Major Power and Water Projects in UAE
Chapter4. UAE Building Construction Sector Overview
Market Size of UAE Building Sector
Construction Contract Awards For Building Sector in UAE (2011 -2014)
Major Building Projects in UAE 39
Chapter5. UAE Industrial Sector Overview
Market Size of UAE Industrial Sector
Major Industrial Projects in UAE
Chapter6. UAE Infrastructure Sector Overview
Market Size of UAE Infrastructure Sector
Construction Contract Awards For Infrastructure Sector in UAE (2011 -2014)
Major Infrastructure Projects in UAE
Chapter7. Future Outlook for the UAE Construction Industry
Methodology
Code of Ethics
Ventures Onsite MENA Projects Database
List of Figures
Figure 1: PESTLE Analysis - UAE Construction industry
Figure 2: UAE Construction Industry Budget Totals by Sector (US$ Million),
May 2013
Figure 3: UAE Total Construction Contractor Awards across Major Sectors
(US$ Million), 2011-2014
Figure 4: Organization of the UAE Hydrocarbons Industry
Figure 5: UAE Oil and Gas Sector Construction Contractor Awards (US$
Million), 2011 -2014
Figure 6: Opportunities and Challenges in UAE Oil and Gas Sector
Figure 7: UAE Power and Water Structure
Figure 8: UAE Power and Water Sector Construction Contractor Awards (US$
Million), 2011 -2014
Figure 9: Opportunities and Challenges in UAE Power and Water Sector 31
Figure 10: UAE Building Sector Construction Contractor Awards (US$
Million), 2011 -2014
Figure 11: Opportunities and Challenges in UAE Buildings Sector
Figure 12: UAE Industrial Sector Construction Contractor Awards (US$
Million), 2011 -2014
Figure 13: Opportunities and Challenges in UAE Industrial Sector
Figure 14: UAE Infrastructure Sector Construction Contractor Awards (US$
Million), 2011 -2014
Figure 15: Opportunities and Challenges in UAE Infrastructure Sector
List of Tables
Table 1: UAE Economic Indicators, (2012)
Table 2: Major Oil and Gas Projects in the UAE by Project Value (US$
Million), June 2013
Table 3: Major Power and Water Projects in the UAE by Project Value (US$
Million), June 2013
Table 4: Major Building Projects in the UAE by Project Value (US$
Million), June 2013
Table 5: Major Industrial Projects in the UAE by Project Value (US$
Million), June 2013
Table 6: Major Infrastructure Projects in the UAE by Project Value (US$
Million), June 2013
Saudi Arabia Infrastructure Report
BMI View: We significantly downgraded our short-term outlook for the Saudi
Arabian construction sector on the back of liquidity in the market severely
drying up, following a reduction in government spending. Beyond 2016 the goals
of Vision 2030 will be key to opening up the infrastructure market with the
potential of private investment
Saudi Arabia Pharmaceuticals and Healthcare Report
BMI View: The combined value of Saudi Arabia's pharmaceutical and healthcare
markets is the largest in the Middle East and Africa region. The Kingdom's
National Transformation Program, a key part of Vision 2030, reinstates the
government's commitment to improving healthcare provision in the country.
Nonetheless, the rising burden of non
Saudi Arabia Petrochemicals Report
The Saudi government is targeting national petrochemicals output of 115mn
tonnes in 2016, which represents a 46% increase since 2013. There are 26
petrochemicals projects under construction at a cost of USD15bn while another 42
are planned over the next five years at an estimated cost of USD46bn. However,
there is the ongoing threat fro