UAE Building Construction Market Dynamics Examined in New Study Available at MarketPublishers.com03 Feb 2012 • by Natalie Aster
LONDON – After being recognized as one of the world’s largest and technologically advanced construction industries, one of the strongest nations in the Gulf Cooperation Council (GCC), the United Arab Emirates (UAE), experienced a sharp tumble caused by a debt mounting by major construction companies that failed to meet their financial commitments after investing heavily in building construction projects amid the properly boom before the global financial distress. Dubai led the downfall in the markets with property prices and rents dropping as much as 60% in 2010 followed by a hasty bailout by the richest of the Emirates – Abu Dhabi.
New study “UAE Building Construction-Changing Landscapes November 2011” prepared by Ventures Middle East is aimed at providing a thorough examination of the changes witnessed by the UAE building construction industry as well as exploring their effects on the sector in 2011. The report also presents vital statistics on the state of the economy, contractor awards for the building construction industry and its main segments for the period 2010 to 2013, besides offering forecasts of real estate demand across the key segments for the years 2011 to 2015.
Market segments discussed in the report are: retail, residential, commercial, mixed use, tourism and leisure, others segments including airports, hospitals, educational institutions, sports facilities and miscellaneous projects.
UAE Building Construction-Changing Landscapes November 2011
Published: November, 2011
Price: US$ 500,00
More new studies by the publisher can be found at Ventures Middle East page.