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Shibuya-ku, Tokyo, Japan, Japan, Jun 14, 2022, 08:16 /Comserve / -- Infrastructure sector in United Arab Emirates With Top Countries Data, Industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast
The Infrastructure in the United Arab Emirates is estimated to grow at a CAGR of approximately 5% during the forecast period.
The UAE's Ministry of Infrastructure Development under its 2017 to 2021 plan is planning to launch 36 projects, including federal road and maintenance projects as well as developments in sectors such as security, education, health, and services at a cost of USD 2.7bn (AED10bn). The construction and maintenance of federal roads will be carried out under a budget of USD 920.3m (AED3.38bn). The implementation and maintenance of the government buildings will be done at a cost of USD 1.8bn (AED6.62bn), while the budget allocated for four road implementation project is USD 212.3m (AED780m).
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As part of the 36 projects, six new health centers and hospitals will also be launched in the UAE, with the project costing nearly USD 95.3m (AED350m).
Additionally, security building projects will cost USD 142.9m (AED525m). The ministry has also planned construction of four new schools that will be built at a cost of USD 163.3m (AED600m), in addition to five public government buildings under a budget of USD 41.4m (AED152m).
· The projects support the needs of various regions across the UAE, and have been planned in line with the rapid growth and development of the country that requires development of the nation's advanced infrastructure as well.
Key Market Trends
Demand for road infrastructure:
Municipality of Abu Dhabi City revealed the implementation of four projects aiming at developing roads and infrastructure within the island of Abu Dhabi. the projects include developing rainwater drainage networks, separate works for (east and west) basins of Abu Dhabi Island, improving the Marina Al Bateen Street area, developing internal roads, setting up surface parking and public spaces for the West 58 and West basin 69, at a total cost of Dhs288,284,494. In 2019, The DoT has played a significant role to date by delivering integrated highways and roads network covering more than 25,000 km. This has made traveling much easier and accessible to thousands of commuters every day.
Oil and Gas:
Abu Dhabi National Oil Co. (ADNOC) has let two contracts to Petrofac Ltd. subsidiary Petrofac Emirates LLC and a joint venture of Petrofac and Sapura Energy Bhd. to provide engineering, procurement, and construction (EPC) for ADNOC's Dalma gas development project 90 km northwest of Abu Dhabi. City As part of the first USD 1.065-billion, 33-month, lump-sum contract, Petrofac will provide EPC services for gas processing installations at Arzanah island, including inlet facilities with gas processing and compression units, power generation units, utilities, and other associated infrastructure, the service provider.
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Competitive Landscape
The Infrastructure sector in the United Arab Emirates is highly competitive, with the presence of major international players. The Infrastructure sector in the United Arab Emirates presents opportunities for growth during the forecast period, which is expected to further drive market competition. With a few players holding a significant share, the market studied has an observable level of consolidation.
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Market Insights
4.6.1 Current Economic and Construction Market Scenario
4.6.2 Technological Innovations in the industry
4.6.3 Impact of Government Regulations and Initiatives on the Industry
4.6.4 Impact of COVID -19 on the market
5 MARKET SEGMENTATION
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