Built assets contribute $351bn
01 January 2017
The UAE’s built assets, including transport links, high quality residential and commercial property, and industrial centres, will contribute $351 billion to the country’s economy, up 16 per cent over the last two years, according Arcadis’s 2016 Global Built Asset Performance Index.
The index, developed with the Centre for Economics and Business Research (Cebr), examines the revenue that is generated by buildings, infrastructure and other fixed assets in 36 countries around the world.
The total contribution from built assets accounted for 50 per cent of the UAE’s total GDP (gross domestic product) in 2016.
This figure is expected to increase by 33 per cent over the next decade, reaching a total of $468 billion by 2026.
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- In brief
