The United Arab Emirates was considered an oil rich region a decade back, but now the situation of its natural reserves does not seem to be so good and the UAE can’t rely on its reserves of oil and gas in the future to run its economy in an efficient manner. To tackle this issue, the government of UAE has entered in diversification of its economy to lessen its dependency on oil by focusing on the private sector development. Now the contractors and the construction sector in UAE has become the third largest sector after oil and trade to run the economy. Besides saving its growing economy from slowing down, the government of UAE is also seeking to create job opportunities for its fast growing young population so it can attract more and more expatriates to work in UAE. That’s why it is heavily spending money on the construction projects for schools, hospitals, museums, buildings, entertainment resorts and infrastructure development.
In the last decade, Dubai has undergone a number of major developments like Burj Khalifa, Palm Jumeirah, Dubai Mall, etc. but now the UAE construction projects are also growing because of the huge construction works presently undertaken in Abu Dhabi, Ras Al Khaimah, Sharjah and other emirates of UAE. Additionally, the infrastructure developments in UAE like the airport development projects, Dubai Metro, Union Railway, healthcare and school construction in UAE are adding in the booming construction sector. There are many construction contractors working both local and international companies to work on the ongoing as well as prospective projects. Here are some construction contractors working in the UAE which include;
- Arabtec Construction LLC
It has been working on different construction projects in the real estate and infrastructure sectors. It also got ISO certification for quality management and it has been awarded OHSAS for safety and health management.
- Samsung Engineering and Construction
This Korean construction company is working on different engineering and construction projects. It has undertaken the project of Burj Khalifa in Dubai that is recorded as the tallest building in the world.
- Nakheel Properties
Nakheel is a Dubai’s government owned Construction Company that works on land reclamation projects. It has worked on the projects of Palm Jumeirah Dubai Waterfront, The Gardens, International City, and Jumeirah Lake Towers. The Dragon Mart and Ibn Battuta Mall are also undertaken by Nakheel.
- Emaar Properties
It is working as a real estate developer in the gulf region. It has also undertaken projects of school construction in UAE, hospitals, retail and hospitality sectors.
- Arabian Construction Company
It is a very dynamic and progressive construction company in the UAE. The current project of ACC is Pentominium, a project of tallest residential building in the UAE as well as in the world.
- Habtoor Leighton Group
Habtoor Leighton Group is a merger of UAE based Construction Company Al- Habtoor Engineering and Gulf Leighton, an Australian Construction group in gulf region. It has undertaken different projects in the UAE like Burj Al Arab, Emerald Palace Residential Hotel and Villas in Dubai, Dubai Pearl, Saadiyat link in Abu Dhabi, Paris Sorbonne University and many more projects.