"United Arab Emirates Infrastructure Report Q4 2015" Published

From: Fast Market Research, Inc.
Published: Mon Sep 28 2015

We upgraded our forecasts for growth in the UAE's construction sector for 201 5 and up to the World Expo 2020 event in Dubai. Dubai will be the outperforming market, although we expect growth will remain healthy across the UAE , even with low prices . Government investment will be r obust in infrastructure sectors, while the biggest risk stems from private investment in Abu Dhabi , which will be adversely affected by lower oil prices.

We see real growth of 8.3% y-o-y in 2015 (up from 4.8% last quarter), and average annual growth over the 2015-2019 period at 7.2% (up from 5.8%).

Full Report Details at
- http://www.fastmr.com/prod/1047908_united_arab_emirates.aspx?afid=301

Factors Driving Construction Industry Growth

Lower oil prices pose little threat to the UAE's construction industry outlook. Abu Dhabi has the largest infrastructure investment programme in the UAE, with the water and power sectors securing AED17.5bn (USD4.7bn) in government financing over the next five years. Following this, the housing and social infrastructure sectors secured AED12.7bn (USD3.4bn). Dubai and the Northern Emirates' fiscal position, which relies much less on oil revenue, will be buoyed by our expectation for growth in the non-hydrocarbons sectors of the economy.

The residential and non-residential building outlook remains positive as measures to cool the market take effect. Numerous measures have been undertaken, such as rent caps and requirements of about 50% payment before property transfers occur, to prevent speculative buyers from overheating the residential market. Additionally, tax increases for Indian buyers should cool demand in the market.

More important than ever, considering the drop in oil prices, the UAE will continue to see major investment in tourism projects, in the infrastructure and non-residential building segments.

The United Arab Emirates Infrastructure Report features BMI Research's market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's United Arab Emirates Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Emirati infrastructure and construction industry.

Key Benefits

* Benchmark BMI's independent infrastructure industry forecasts for United Arab Emirates to test other views - a key input for successful budgetary and planning in the Emirati infrastructure market.
* Target business opportunities and risks in the Emirati infrastructure sector

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Infrastructure Construction in the United Arab Emirates to 2018: Market Forecast
- Construction in the United Arab Emirates to 2018: Market Forecast
- United Arab Emirates Freight Transport Report Q4 2015
- United Arab Emirates Tourism Report Q4 2015
- United Arab Emirates Insurance Report Q4 2015

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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