Market Size of United Arab Emirates Infrastructure Sector Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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UAE Infrastructure Market Analysis
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).
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.
