Infrastructure projects to lift UAE construction sector

Infrastructure projects to lift UAE construction sector

While the residential segment continues to dominate the $94 billion UAE construction sector, investments in transport and renewable energy infrastructure will help propel future growth, a new report says. Government transport projects such as rail and road infrastructure, energy ventures and sewerage and water infrastructure projects, will fuel the construction sector’s expansion, according to the […]

Report forecasts growth of 3%

Road and rail projects ‘will help expansion’

More investment in tourism and retail expected

While the residential segment continues to dominate the $94 billion UAE construction sector, investments in transport and renewable energy infrastructure will help propel future growth, a new report says.

Government transport projects such as rail and road infrastructure, energy ventures and sewerage and water infrastructure projects, will fuel the construction sector’s expansion, according to the report from GlobalData, a London-based data analytics and consulting firm.

Significant capital has been spent on the UAE’s transportation and renewable energy sectors in recent years. 

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Dubai announced last year a AED18 billion ($4.9 billion) “blue line” Metro project adding 30 km of rapid transit rail lines by 2029 alongside the existing red line and green line networks. 

This expansion, together with the introduction of the Etihad Rail