Foreword
Adam Ralph, Country Manager - Dubai
In the second edition of our United Arab Emirates (UAE) market intelligence report, we explore the views and experiences of industry professionals, provide general sentiment for the market, identify where disruption is likely to continue and analyse the outlook for the UAE’s construction industry. With the UAE emerging as one of the top markets across the Gulf Corporation Council (GCC), and with its economic plan to attract investors, there is optimism for increased market activity.
Despite challenges with reducing contractor pools, labour shortages and ongoing supply chain constraints, the industry remains resilient and remains on a trajectory of growth and innovation.
In-country construction is rebounding strongly following the pandemic, with a promising pipeline of scalable projects in development, coupled with the introduction of several public-private partnership initiatives.
That said, while some express optimism, others are cautious, highlighting the importance of adaptive strategies, sustainability and digital transformation, all of which are seen as vital for ensuring long-term success and resilience in this dynamic market.
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