The GCC has always been the hub for ambitious real estate projects. According to a recent report by Deloitte, the region's construction sector boasts a robust pipeline of projects, currently in the planning stages, thus indicating there is still demand for construction projects. The report states that these projects are mainly driven by social needs, initiatives associated with economic transformation plans, government’s commitment towards investment in infrastructure, as well as tourism related projects.
The report also highlights the importance of greater private sector participation to improve the delivery of social services, including healthcare, education, transportation, and utilities infrastructure. In the current economic environment, investment into construction projects by governments, regional private and international investors is less aggressive than it used to be.
In addition to this, Dubai has succeeded in transforming itself into a truly global city, and a regional business and tourism hub; this has happened predominantly in the last two decades. With the government also undertaking numerous ‘smart’ initiatives, the benefits of digitisation are expected to percolate to every sector in the economy, especially infrastructure, utilities, transportation, aviation, and tourism.
Keeping in line with this vision, I present to you our Construction Innovation Forum, to be held on March 27, 2018, at The St Regis Dubai. The forum will present an opportunity for the attendees to get acquainted with the facts about the technology solutions for the growing infrastructure sector in the region, uses of building information modelling (BIM) to tackle MEP challenges, addressing the growing formwork demand in the GCC, and the importance of sustainability in the HVAC industry.
The forum will feature industry experts from well known companies and will give the attendees a chance to interact with them and make the most out of it.
See you at the forum!