UAE's construction sector in safe hands

UAE's construction sector in safe hands
The UAE's construction leaders are planning ahead to secure long-term growth.
Published: 20 September 2018 - 3:59 p.m.
By: Neha Bhatia

This year’s Construction Week: Leaders in Construction Summit UAE reiterated its position as the ideal platform for high-level debates and discussions about the state of the industry. The event’s ninth iteration saw decision-makers from across the country gather at Dubai’s Jumeirah Emirates Towers to chart a roadmap for UAE construction’s growth in 2019 and beyond.

Ahmed Al Khatib, vice president for real estate and delivery at Expo 2020 Dubai, kicked off the day with a keynote address highlighting the progress made on the megaproject. Khatib also outlined the sustainability guidelines that consultants, contractors, and sub-contractors are working to on site, and explained how these parameters would enhance industry standards in the UAE.

The UAE is an integral part of the Gulf’s construction economy, and better ways of doing business can only be good news for a sector that is already on the road to growth, according to Cynthia Corby, audit partner and Middle East construction industry leader at Deloitte Middle East. She said the UAE remains among the Gulf’s largest construction markets, second only to Saudi Arabia, and that it would continue to offer ample construction opportunities in the years to come.

Indeed, the future bright for the UAE’s new crop of engineers. The panels at this year’s conference discussed a wide range of topics that will impact construction in the future, such as smart cities, vertical living, mental health, corporate collaboration, and dispute resolution.

It is likely that today’s industry problems will not be a factor in the market of tomorrow because local leaders understand that the hard work they put in now will benefit their sector going forwards.

This year’s event celebrated industry efforts to increase efficiency, and the Construction Week: Leaders in Construction Summit UAE 2019, to be held next September, will do the same.

 

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