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Construction on a large scale is a part of Dubai Strategic Plan 2015 [2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. [3] Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world.
Dubai South (formerly known as Dubai World Central [27]) is a city that was under construction in Dubai, United Arab Emirates in 2006, planned to be an economic zone to support a number of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses around Al Maktoum International ...
The construction industry contributes significantly to many countries' gross domestic products . Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecasted to rise to around ...
The Big 5 is the largest construction event in the Middle East, Africa and South Asia. It is held annually in Dubai in late November and attracts in excess of 67,000 construction professionals (audited by BPA Worldwide ).
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Construction industry of the United Kingdom (8 C, 49 P) Construction industry of the United States (5 C, 13 P) This page was last edited on 25 May 2022, at 06:29 (UTC
[15] [16] Construction began in 2004 and the building was opened in 2010. [17] The total cost of construction is estimated to be US$1.5 billion. [18] The building was opened in 2010 as part of a new development called Downtown Dubai. [18] It was designed to be the centrepiece of large-scale, mixed-use development.