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Uae Build > Blog > UAE > Contruction > UAE construction market reached $94 billion in 2023: Report
Contruction

UAE construction market reached $94 billion in 2023: Report

By admin
Last updated: April 1, 2024
1 Min Read
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Increased investments in transport and renewable energy infrastructure to boost growth in the sector

The UAE’s construction market continues to flourish, with a reported size of $94 billion in 2023, according to a recent report by GlobalData. The sector is projected to achieve an average annual growth rate of over 3 percent between 2025 and 2028. The report attributes that growth to increased investments in transport, renewable energy infrastructure, and advancements in the electric vehicle…



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