4,000 construction projects underway in Dubai

With more than 3,200 active projects worth more than $245bn, the city is expecting 187 projects valued at $32.4bn in the transport sector alone

NEWS, Business, Active projects in dubai, Construction projects, Dubai, How many projects in dubai

The outlook for Dubai’s construction industry looks positive for 2017 as 4,000 active construction projects worth $313bn are currently underway, a new report revealed.

With more than 3,200 active projects amounting to a combined estimated value of over $245bn, the city is expecting 187 projects valued at $32.4bn in the transport sector alone, according to data from BNC’s Construction Analytics report.

As for the utilities industry, 203 projects valued at $24.3bn are expected, with 377 industrial projects valued at $5.8bn, and 12 projects in the oil and gas sector totalling $4.6bn, Arabian Business reported.

Some of Dubai’s current multi-billion-dollar projects include Dubai Metro Red Line Extension, which is a part of the Expo 2020 initiative, Container Terminal 4 of the Jebel Ali Port Expansion project and the Royal Atlantis Resort and Residences located in Palm Jumeirah.

 

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