This article is extracted from the report Construction Megatrends
One of the biggest trends that will shape the future of construction and infrastructure in the UAE and the Middle East is the changing composition of its demographic structure.
The UAE’s population is relatively young. Data from the CIA World Factbook highlights that the majority of the population falls in the 25-54 age bracket (68 per cent), while nearly a quarter of the population is below the age of 25.
Having robust housing, healthcare and education systems are critical for any developing economy with a largely young population. The UAE has made considerable investments in these areas over the years, but may face setbacks, as Covid-19 and the instability of oil prices affects spending capabilities.