worldwide star

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construction industry July 10, 2008

Filed under: U.A.E. — visnar @ 20:25

The Middle East construction industry is booming !!!

In total, it is estimated that around 2,5 trillion $ will be invested in construction projects (around 3.000 projects) across the Gulf over the next 10 years. And number is growing all the time and will not stop before 2030 🙂

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This is also one of reasons why did I choose UAE market and start building my future from there. If I can win there, I can everywhere! 🙂 Market is big and still growing, so there is for sure a piece of cake that each can get it! How big? You will not know if you don’t try! Bigger and stronger your network is, more option you have to get business 😉

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It is quite hard to imagine how big construction industry in Gulf is, so I can give you a data that UK building industry is worth four times less than Emaar (one of the main developers of UAE & Saudi Arabia’s Economic Cities is worth almost $19 billion). Know also that the British building industry could be bought for the price of a single Middle Eastern mega project, analysis of the value of the country’s largest companies reveals. Only King Abdullah Economic City (on the Red Sea coast of Saudi Arabia) is believed to be costing over $25 billion to build, and is only one of five brand new cities being built across the Kingdom 🙂

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