Insights

Middle East reports slowdown in construction

Foreword

In 2016, we conducted our third Middle East Construction Survey to assess the state of the regional construction industry, to examine the drivers and barriers currently at play and to reflect on concerns expressed by our client organizations and other industry stakeholders. The survey findings have informed our review of the Middle East construction industry as outlined in the economic review.

Overall, concerns over a slowdown in regional construction work materialized for the majority of the industry over the period to the second quarter of 2016, with clients and the supply chain reporting that tougher business conditions are impacting on investment priorities and decision making. Nevertheless, the industry is moderately optimistic that while business conditions are tougher, work-flow will be sustained over the coming few years.

This handbook is divided into six sections, providing a comprehensive view of the industry. We begin with an economic round-up, covering construction in the Middle East, country statistics and global construction prospects. Next, our articles section brings together some of our insight and ideas about infrastructure using ‘the city’ as the conduit for discussion and debate across a variety of topics including urbanization, work, food supply, transportation and global events in cities. The reference article section gives insights about procurement routes, forms of contract in the Middle East and building regulations and compliance. We conclude the handbook with a reference section, plus international and regional cost data. Download pdf here.

As with previous years, we continue to seek feedback to support the drive for improvement in everything we do. Please contact the editor, Hamed Madani via BI_MiddleEast@aecom. com for further information and to take part in AECOM’s 2017 Middle East Construction Survey.

 

https://aecom.com/ae/wp-content/uploads/2015/08/Handbook-2016-Final_Lowres-spreads.pdf