Now the growing economy of the UAE has entered in a new area of transition in terms of revenue generation. Its major natural resources petroleum and gas are the sources of income, but these are not the main revenue sources for them as they have made a shift to other industries as well. So the UAE does not depend on these resources only to run its economy. Still Abu Dhabi is rich with natural resources that are contributing to its growing economy and also in the future, Abu Dhabi’s resources are not going to be ended very soon. All other six emirates of the UAE including Dubai are suffering from thinning natural resources. That’s why the UAE has expanded its fields for revenue generation and entered in different businesses like Construction Company, manufacturing, services, international financing and tourism. This is why we can see the best infrastructure contractors in UAE.

Among all businesses, the construction is vigorously prospering in the UAE because now the law has been passed in the UAE that allowed foreigners to buy freehold land with the lease of 99 years. This liberalization law has made possible for the investors to invest in property sector. Now there are many construction companies working both local and foreign. Some construction companies focus on the building construction and some are for infrastructure development. About 30% of total employment in Dubai is in some way involved in a construction company.

In the UAE, there are major urban developments being undertaken such as buildings, roads, transport system, ports, airports construction in UAE, islands, and attractive places for the tourists, business malls for retailers, education and health amenities and industrial zones. These developments are being undertaken according to the serious challenges of future. In UAE, Dubai has been the centre of attraction for many tourists and foreigners who come here which increases the number of tourists every year. That’s why Dubai is more developed as compared to other emirates of UAE. Now UAE’s government is taking steps to develop Abu Dhabi, Sharjah, Fujairah and Ajman. Now more infrastructure contractors in UAE are working for development of these emirates, still these emirates are less developed than Dubai.

In the sector of water and electricity, there are major developments due to rise in the demand in coming years. The increase in demand of electricity and water has come from developments in real estate sector that’s why it became necessary to increase the capacity of electricity generation, water supply and good sewage system to meet the future demands. Infrastructure contractors in UAE are working on new projects such as for renewable energy by solar system in Abu Dhabi and the projects of conserving energy in Dubai and other emirates. In the telecommunication sector since 2005, UAE has made competition by allowing more national companies in this sector to work and to contribute in UAE economy. Before this only Etilsalat was sole telecommunication company operating in UAE. Significant increase in business, economic activities and tourists in UAE has led airports construction in UAE. Many old airports have been expanded and for new airports more investment is being made for airports construction in UAE for coming years.