Market snapshot of Mena construction
- Date: 22-Feb-2024
- Source: MEED
- Sector:Real Estate
- Country:UAE
Market snapshot of Mena construction
With over $2.34tn-worth of projects in the long-term pipeline, there has never been a better time to explore cutting-edge construction trends at MEED’s 2024 summit
Key points: > HISTORICAL CONTRACTS: On average, $92.5bn has been awarded each year in the past decade on construction and transport contracts> TOP CONTRACTORS: Leading contractor Alec was awarded the contract for the Al Marjan integrated resort in the UAE’s Ras Al Khaimah earlier this year> FUTURE OUTLOOK: Saudi Arabia’s market is expected to be 64% bigger than the UAE’s> LONGER-TERM PROJECTS: Saudi Arabia’s gigaprojects dominate the future pipeline, led by Neom> TOP FUTURE CLIENTS: The Public Investment Fund's King Salman International airport in Riyadh leadsRegister for MEED's guest programme
Market snapshot of Mena construction
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