01 March 2012

THE UAE is expected to see $15 billion worth of contracts awarded this year, which represents an increase of 26.57 per cent from last year, according to research by Ventures Middle East.

The latest figures have been released in the build-up to World ecoConstruct, the pioneering industry event which will also feature the Infrastructure Arabia Summit, taking place next month (April 22 to 25, 2012) at the Abu Dhabi National Exhibition Centre in Abu Dhabi, UAE.

The total value of the current UAE construction projects is estimated at $1.2 trillion with buildings accounting for $871.6 billion, energy $190.9 billion, and infrastructure projects amounting to $187.2 billion.

“The importance enjoyed by the building and construction sector in the local economy makes this event very important for the municipal system (the municipalities of the emirate) to participate in,” said Ahmed Mohamed Al Shareef, undersecretary of the Department of Municipal Affairs (DMA).

“The DMA and the three municipalities of the emirate will showcase many sustainable projects at the exhibition, reflecting our commitment to achieving sustainable development as per the Abu Dhabi 2030 vision.

“Visitors to the event can find out more about current projects, especially the Abu Dhabi new building codes which improve building standards in the emirate, in addition to saving energy and water and improving safety regulations.”

Tsitsi Lynn Makuni, exhibition director of World ecoConstruct, said: “The latest figures illustrate that the Middle East continues its aggressive development plans. The Abu Dhabi Executive Council has approved spending on the new billion-dollar airport terminal, a metro system, two industrial zones, more than 20,000 new homes, 14 new hospitals and 24 new schools.”

Associate exhibition director Marie-Eve Cote added: “One of the keys to solving global environmental issues is an increased collaboration between leading construction material producers and those charged with creating, and delivering, a low carbon future environment.”

World ecoConstruct, a crucial collaboration between Abu Dhabi’s two leading building and construction events, CityBuild and Arabian Construction Week, is the region’s only dedicated exhibition focusing on sustainable design and construction for the built environment.

Co-located with the sixth edition of Cityscape Abu Dhabi, World ecoConstruct provides a crucial sourcing and knowledge platform for the billions of dollars committed to major projects within Abu Dhabi and the surrounding region. Together the events attract more than 30,000 visitors.

World ecoConstruct is supported by its foundation partner the DMA, sustainable knowledge partner Masdar City, strategic partner Emirates Green Building Council, principal sponsor Emirates Steel and is endorsed by the UAE Business Council for Sustainable Development.

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Gulf Construction is the undisputed leading trade journal for the building and construction industries of Saudi Arabia and the other Gulf states. The magazine provides editorial coverage on a wide range of topics which are of interest to industry professionals. In addition, regular features highlight technological developments within specific industry fields. Launched 40 years ago, the magazine has established an enviable reputation as an authoritative, respected journal with unmatched coverage of the Gulf region. Gulf Construction is essential reading for anyone with a serious interest in the region’s building and construction industry.