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FINANCIAL NEWS
Value of UAE construction projects at USD1.249tr
27 Feb 2012
(MENAFN) Ventures Middle East reported in a recent study that the value of construction projects in the UAE is around USD1.249 trillion, reported Emirates 24/7.
The firm added that of the total, USD190.9 billion were energy projects, including oil and gas, petrochemicals and water and electricity.
On the other hand, the volume of infrastructure development, that includes roads, bridges, railways, sanitation and ports, stood at USD187.2 billion.
It is worth noting that buildings took the largest share of the total volume of construction projects with USD871.6 billion.
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