New construction contractor awards in UAE estimated to be worth US$24.7 billion in 2021 – Ventures ONSITE

New construction contractor awards in UAE estimated to be worth US.7 billion in 2021 – Ventures ONSITE

Dubai, United Arab Emirates, (AETOSWire): New construction contractor awards in the UAE are estimated to be worth US$24.7 billion in 2021, as the Gulf country paves the way for a post-covid rebound on the back of increased government expenditure and a fresh injection of foreign investment. According to a September 2021 report by projects intelligence platform Ventures ONSITE, the UAE has launched several measures to attract investment and foreigners. In the UAE, buildings such as residential, commercial, airports, sports facilities, hotels and recreational facilities, healthcare, and education, hold the lion’s…