United Arab Emirates Infrastructure Report Q1 2015
Factors Driving Construction Industry Growth
The United Arab Emirates Infrastructure Report features Business Monitor International (BMI)'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.
- Numerous measures have been undertaken, such as rent caps and requirements of around 50% payment before property transfers hands, in order to prevent speculative buyers from overheating the residential market. Additionally, tax increases for Indian buyers should cool demand in the market.
- We continue to see increasing opportunities in the hospitality and tourism sectors. Tourism and tourism-related projects has provided a welcome source of value for the construction industry over recent troubled years in the residential sector. We expect this to continue throughout 2014 and beyond as the UAE, most notably Dubai and Abu Dhabi, positions itself as a global business and tourism.
- Large-scale mass transit projects are under way across the UAE, with the first sections of the Abu Dhabi metro and light-rail network waiting to be awarded and the extension of Dubai's metro expected to enter construction in 2014. The second phase of the USD11bn Etihad Railway Network - also part of the USD100bn GCC Railway Network - has entered the tendering phase.
- Although the nuclear power project in Abu Dhabi has been plagued by project delays and cost inflation, the second reactor is now under construction, and plans build a third and fourth reactor have been granted approval.
- There is USD180bn worth of projects under construction in the UAE according to our Key Projects Database, which supports our forecasts for accelerating growth within the construction industry. While the...
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.
- 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 through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in United Arab Emirates.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
BMI Industry View
Summary of BMIs key industry forecasts, views and trend analysis covering infrastructure and construction, regulatory changes, major investments and projects and significant national and multinational company developments. These are broken down into Construction (social, commercial and residential), Transport (roads, railways, ports, airports etc), and Energy & Utilities (powerplants, pipelines and so on).
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the infrastructure and construction sectors and within the broader political, economic and business environment.
BMI Industry Forecasts
Historic data series (up to 2012) and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key developments in the market and risks to the main forecasts. Indicators include:
Construction: Industry value (USDbn); contribution to GDP (%); total capital investment (USDbn); real growth (%).
Construction industry real growth forecasts (%) and industry value (USDbn) forecasts for industry sectors are split into Residential and Non-residential and Infrastructure sectors. Where the data is available for particular countries the infrastructure is further broken down into indicators for the transport subsectors of roads, railways, airports and ports and the energy and utilities sub-sectors of power plants and transmission grids, oil & gas pipelines and water infrastructure. This dataset is unique to the market.
The Reports also include analysis of latest projects across the infrastructure sectors (transport, utilities, commercial construction).
BMIs Infrastructure Risk Reward Index
BMIs Risk Reward Indices provide investors (construction companies, suppliers and partners) looking for opportunities in the region with a clear country-comparative assessment of a markets risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provides indices of highest to lowest appeal to investors, with each position explained.
An assessment of the competitive landscape and key challenges to entering the market. Details of the largest companies active in the sector across the sub-segments of the industry, including the key financial figures from some of the largest players in the sector.
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMIs industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.
The infrastructure Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.
We are maintaining our bullish forecasts for the UAE's construction sector for 201 5, with our view premised on a recovery in the vitally important residential and non-residential sectors as well as an increasingly buoyant infrastructure project pipeline . Some investors remain cautious, especially given the pace of house price increases over 2014 in Dubai, although at present we do not believe there to be a risk of overheating in the market.
BMI Industry View
Construction And Infrastructure Forecast Scenario
Table: Construction And Infrastructure Industry Data (United Arab Emirates 2012-2017)
Table: Construction And Infrastructure Industry Data (United Arab Emirates 2018-2023)
Transport Infrastructure - Outlook And Overview
Table: Major Projects Table - Transport Infrastructure
Energy And Utilities Infrastructure - Outlook And Overview
Major Projects Table - Energy & Utilities
Table: Major Projects Table - Energy and Utilities Infrastructure
Residential/Non-Residential Building - Outlook And Overview
Major Projects Table - Residential/Non-Residential Construction And Social Infrastructure
Table: Major Projects Table - Residential/Non-Residential Construction
Industry Risk Reward Ratings
UAE - Infrastructure Risk/Reward Ratings
Industry Risk Reward Ratings
Table: MENA Infrastructure Risk / Reward Ratings
Table: UAE Construction Players - Key Financial Data (USDmn)
Dutco Balfour Beatty Group
Habtoor Leighton Group
Drake & Scull International
Global Industry Overview
Global Infrastructure Overview
Industry Forecast Methodology
Risk/Reward Rating Methodology
Table: Infrastructure Risk/Reward Rating Indicators
Table: Weighting Of Indicators
This report does not have a list of Companies Mentioned available
This report does not have a press release associated with it