UAE Construction Market Poised for Growth

International reports affirm the UAE's position as a leading construction market with a projected 5% annual growth rate in infrastructure by 2030, driven by ongoing projects and investments.


UAE Construction Market Poised for Growth

According to information from international reports issued by specialized research companies in the field of construction and infrastructure, the UAE has been recognized as a leader among the most active construction markets at the regional and global levels. It is projected that the infrastructure sector will continue its development until 2025 due to ongoing projects and those currently in the development stage.

The company "Mordor Intelligence," specializing in market research, proposes that the infrastructure sector in the UAE will have an annual growth rate of up to 5% by 2025 and 2030, supported by high-quality projects from the government and the private sector, as well as increased investments in infrastructure for various sectors, such as transport, renewable energy, and real estate.

The company conducting research in the construction and building sector "ProTender" confirmed that the UAE is one of the most active construction markets among the countries of the CIS (Commonwealth of Independent States) of the Persian Gulf, where over 52% of active projects are at the planning, projecting, and tendering stages.

As noted by "ProTender," the cost of planned construction projects in the country at the beginning of the current year amounted to about 112 billion dollars. The estimated value of projects in the development stage reached approximately 56.5 billion dollars, while the total value of tenders exceeded 62.8 billion dollars according to the latest report of the company on monitoring the active projects in the country.

"ProTender" currently tracks several ongoing and upcoming construction projects in the UAE with a total sum of 772 billion dollars. These projects reflect the international competitiveness of the infrastructure sector in the country involving key players at both the local and global levels.

The research company "Mark Wilder Research" confirmed that the UAE's obligation to develop modern high-class infrastructure provides an opportunity to become a global hub for trade, tourism, and investments. The UAE currently has modern and effective infrastructure, including transport, energy, communications, and urban development.