A Strategic Analysis of the Construction Industry in the United Arab Emirates
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The construction industry is one of the most booming industries in the world. In particular, in the United Arab Emirates this industry has experienced a constant growth over the course of the last few years. Driven by the UAE's oil wealth, the country has witnessed an unmatched development and transformation. Oil revenues have lead to a driving construction boom and completely change the face of the state.The construction industry is still one of the engines of economic growth in the UAE. One of the highest concentrations of cranes in the world speaks volumes about the incredible pace of construction taking place, particularly in Dubai and Abu Dhabi, but also in the other emirates. The fact that about 30,000, or 24 percent of the world's 125,000 construction cranes are currently operating in the region speaks for itself.The UAE's construction projects stands out clearly from building projects in other parts of the world, due to the fact that there is no constraint on constructional imagination and there is no place in the world where construction moves as fast as in the UAE. With some of the most innovative mega projects such as "Burj Khalifa" (the tallest building in the world), or "The Palm Jumeirah", "The Palm Jebel Ali" and "The Palm Deira" (the world's largest man-made islands) with epithets of world's biggest, best, and tallest the UAE construction industry remains unbeaten.The construction industry is a complex enviro...
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