Dubai Construction Sector – Outlook and Opportunities

In 2014, Dubai construction sector accounted for about 7.6% of its total GDP, ranked as the 6th largest sector. The sector plays a pivotal role in Dubai economy. As the sector is maturing, its share in Dubai total GDP has declined over the years, as the sector share declined from 12% in 2008. Considering both shares of construction and the real estate sector they account together for about 20% of Dubai total real GDP, ranking them the second largest sector after wholesale and trade that accounted for about 28.9%. Running up to EXPO 2020 open opportunities across the sectors of real estate, tourism, hospitality, retail, and infrastructure, translating into growth for construction activities.

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Pubished on: 19-01-2016

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