Construction
Building Foundations for Tomorrow’s Success
Construction Consulting
At IBIACO, our team of specialized experts provides invaluable insights into the construction and building materials industry. Our professional expertise and technical know-how enable us to tackle even the most complex valuation and strategy assignments, setting IBIACO apart from the rest.
The construction and building materials sector is one of the largest industries in the region, playing a crucial role in the UAE's economy, especially in Dubai. Employing over 500,000 people in the UAE, with Dubai contributing around 30%, this industry is vast, complex, and diverse, encompassing a wide range of business interests and activities related to land usage and development. Our clients include house-builders, commercial property developers, designers, materials and components suppliers, and contractors.
The global trend of 'Building Green' is quickly becoming the norm in the GCC. According to Navigant Research, the worldwide market for green construction materials is projected to grow from $116 billion in 2013 to over $254 billion by 2020. The benefits of green building, including energy savings and environmentally-friendly techniques, have gained acceptance, driving demand for sustainable building certifications and materials that reduce environmental impact.
Growth areas in the industry include the production of concrete from recycled materials like ash from power furnaces, sustainable forestry wood, water-efficient plumbing fixtures, and energy-efficient lighting. These sectors are expected to see substantial growth, as highlighted by Freedonia Group's green building materials report.
The construction sector in the GCC is poised for a significant rebound, with $286 billion (Dh1 trillion) in projects set to be awarded between 2012 and 2016, according to recent research. At IBIACO, we are at the forefront of this dynamic industry, providing strategic advice and expertise to help our clients navigate and capitalize on these opportunities.
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