Green Cement Factory LLC (GCF), a subsidiary of Hong Kong-based Shun Shing Group, commenced commercial operations of its greenfield slag grinding plant.
Key Trends and Opportunities in the UAE Construction Market to 2025 apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
United Arab Emirates (UAE) Construction Industry Outlook to 2025 - Rebound Growth in 2021 Following 4.8% Decline in 2020
February 19, 2021 05:43 ET | Source: Research and Markets Research and Markets Dublin, IRELAND
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The construction industry in the United Arab Emirates (UAE) is expected to rebound in 2021, growing by 3.1% in 2021, following a decline of 4.8% registered in 2020. The industry is then expected to expand at an annual average of 3.8% between 2022 and 2025. The approval of a new Dubai Building Code is a positive development; the new code outlines a revised set of construction rules and standards and seeks to reduce construction costs by streamlining building rules. The UAE announced in August 2020 that it will deliver a three-stage flexible package of measures to strengthen the economy, including steps to support the labor market and support investment.
United Arab Emirates (UAE) Construction Industry Outlook to 2025 - Rebound Growth in 2021 Following 4 8% Decline in 2020 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.