UAE infrastructure projects to hit AED 330bn by 2026

Dubai – Mubasher: The value of infrastructure projects in the UAE is expected to reach AED 330.25 billion ($89.93 billion) by 2026, which would account for 13.8% of the country’s gross domestic product (GDP) in the same year, according to a report by BMI Research.

The UAE is forecast to rank nineteenth among the biggest construction markets in the world, the UK-based research firm added.

The huge investments pumped into the UAE transportation, energy, and tourism sectors in both Dubai and Abu Dhabi will boost growth in the coming decade, the report found.

Mubasher Contribution Time: 28-Aug-2018 15:02 (GMT)
Mubasher Last Update Time: 28-Aug-2018 15:23 (GMT)