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Friday, December 30, 2011

Tourism projects to increase the construction industry in United Arab Emirates

According to our research report "UAE Construction Industry Outlook 2012", one UAE tourism industry's fastest growing in the Middle East. With the expansion of tourism in recent years, demand for tourism infrastructure projects spurred the country. As a result, several new projects announced exploit the opportunities created by increasing demand for theme hotels theme parks.Our study showed that the UAE will constitute almost 86% of the total investment in tourism-related in 2018 and around AED 858 billion investment in the project will be done at the end of this period. Moreover, the UAE is expected to invest more than 14 times the investment of the closest competitors of this, Oman, followed by Qatar, Bahrain, Saudi Arabia and Kuwait. Different development of national and international launches large-scale projects, and therefore, drive the level of investment in infrastructure and construction.In addition, we conducted a detailed and comprehensive analysis of construction industry in United Arab Emirates.Our study suggests that other factors such as relaxed regulations, increased investment, reform and economic liberalization and the emergence of the UAE business center in the Gulf has led the manufacturing industry. Abu Dhabi is expected to be in the middle of the UAE construction boom that support is less developed and the government to promote investment in the construction industry. Other factors promoting growth in the construction industry forecast period mentioned in the report.Our report "UAE Construction Industry Outlook 2012" provides extensive research in-depth analysis of market drivers, industry conditions, investment opportunities, big challenges. Moreover, it has an investment for future development in the construction industry, focusing on sectors such as tourism, hotels, retail and health services. In addition, report the industry's future prospects. Our research on the competitive landscape in the industry will provide an objective picture of the market that will prove important to the customer.

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