Dubai Construction Sector – Recent Developments and Potential Opportunities

Dubai construction sector has played a pivotal role in Dubai economic development. The sector underpinned the development of many other sectors including among others, the real estate, hospitality and landmarked Dubai government budget policy over the last 2 decades. Although Dubai construction sector is maturing, yet its contribution to GDP and employments is still relatively high. Despite the slowdown in the global, regional and domestic economic activity since 2014 on the back of the fall in international oil prices and the slowdown in global demand, Dubai construction sector is expected to gain momentum in the in the run to EXPO 2020 with diversified potential investment and trade opportunities.

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Pubished on: 26-03-2018

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