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Industrial Construction Sector in UAE : Ken Research

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UAE Industrial Construction Industry has become attractive to investors and thus is expected to continue showing positive growth rates in coming years. – PowerPoint PPT presentation

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Title: Industrial Construction Sector in UAE : Ken Research


1
Government Policies to Drive the Industrial
Construction Sector in
UAE Ken Research
2
Driven by increasing population growth and
supportive government policies, UAEs Industrial
Construction Industry has become attractive to
investors and thus is expected to continue
showing positive growth rates in coming
years. UAE government aims at expanding
Industrial Construction Industry, contributing to
the growth of non-oil sector, which reduces the
influence of oil and gas adverse market shocks on
the nations economy.
3
Ken Research announced its latest publication on
Industrial Construction in the UAE to 2019
Market Forecast, offer insights on the changing
trends and key issues within the UAE Industrial
Construction Industry. The publication includes
an insightful analysis of the operating
environment and expected growth trends of the
industrial construction industry in the country.
It contains detailed historic and forecast market
value data for the industrial construction
industry, as well as a breakdown of the data by
construction activity i.e. new construction,
repair and maintenance, refurbishment and
demolition. It provides historical and forecast
valuations of the industry using the construction
output and value-add methods for the period 2010
through to 2019. Population increase has always a
vital role in the expansion and growth of UAE
Industrial Construction Industry through
increasing demand of improved living quality
conditions. With increase in population has
increased the demand for manufactured consumer
goods, electricity and power to general public as
well as manufacturing units, better health
services, sanitation, increase in food production
and more.
4
which has necessitated the construction of power
plants, manufacturing units, chemical and
pharmaceutical plants, fertilizer and pesticides
production plants etc. This has consequently led
to the expansion of the UAE Industrial
Construction Industry. With the target of
government to diversify the share of non-oil
sector in the total GDP of the nation the future
of Industrial construction market in the UAE
showcase investment opportunities. It includes
especially the governments plan to increase the
share of renewable energy in terms of total
energy consumption, encouraging investment in
renewable energy infrastructure. The government
aims to generate 7 of the countrys total
electricity needs through renewable sources by
2020. Also, under the UAE Vision 2021 National
Agenda, government is planning to amplify
contribution of construction and manufacturing
sector to GDP by 2020. This will create
opportunities for the construction industry over
the forecast period. These construction
expansionary policies will reduce the influence
of oil and gas adverse market shocks on the
nations economy.
5
  • Global Construction Industry
  • The global construction industry faced slowdown
    during 2007-09 on account of the global financial
    crisis however, over the years the situation has
    improved. The construction industry is today one
    of the fastest growing industries of the world.
    It is expected to remain the most dynamic sector
    in the world for next fifteen years. The growth
    of this sector is very crucial for the
    development of societies and for the nation
    henceforth. Countries like China, US and India is
    expected to lead the global growth by accounting
    for more than half of the growth of the sector.
  • Some of the prominent trends in the global
    construction industry include
  • Increased government spending through investment
    in development projects is playing a major role
    in driving up the growth of the construction
    sector.

6
Increased population and higher purchasing power,
reflected in increased GDP per capita has
increased consumer demand and hence is boosting
the growth of the sector. Strong economic growth
in developing nations, such as China, India, and
the Middle East countries, is driving the growth
of this industry and expected to play a major
role in coming years as well. Key Topics
Covered in the Report Detailed analysis of the
UAE Industrial Construction Market for the period
2010-2019 historic and forecast market value
data for the industrial construction
industry Historic and forecast market value for
the industrial construction industry by
construction output and value-add methods.
7
  • Historic and forecast market value by
    construction activity (new construction, repair
    and maintenance, refurbishment and demolition)
  • To know more on coverage on Industrial
    Construction in the UAE to 2019 Market
    Forecast, click on the link below
  • https//www.kenresearch.com/manufacturing-and-cons
    truction/infrastructure/industrial/29570-97.html
  • Related Reports
  • Commercial Construction in the UAE to 2019
    Market Forecast
  • Worldwide Construction Industry - Opportunities
    in Developing Regions
  • Contact
    Ken Research
    Ankur Gupta, Head Marketing
    Communications
    query_at_kenresearch.com
    www.kenresearch.com


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