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UAE Contractors Forum & Awards

Developing strategies and establishing best practices to overcome challenges faced by contractors in the UAE

The UAE construction industry has grown considerably over the past few years with the continued development of various Emirates stimulated by considerable government spending and renewed investment from the private sector. In 2013 alone, over US$150 billion of new projects were announced in the Emirates and, with the subsequent awarding of EXPO 2020 to Dubai, the investment is set to continue for the foreseeable future.

In light of these factors, Trojan Holding LLC sponsored the UAE Contractors Forum and Awards held in Dubai from 2 - 3 June. In this event we looked at existing opportunities for contractors in the UAE and discussed major challenges facing the industry, including:

  • Impact of increased competition on the profitability of contractors
  • Lack of availability of skilled labour and how that impacts the quality of work
  • Delivering projects on time and within budget using smart building technologies
  • Adhering to stricter sustainability and energy efficiency standards

Key factors driving growth in this sector include:

  • The regeneration of Abu Dhabi infrastructure, residential and commercial sectors in line with their 2030 economic vision
  • Dubai's re-emergence as an attractive destination for local and international real estate investors
  • Increased development in the hospitality, leisure and transportation sectors due to the awarding of EXPO 2020

 

                          

FACTS & FIGURES

Trojan General Contracting owns multinational team of close to 5,000 highly qualified technical personnel of which 250 are currently based in overseas supported by plant logistics worth over AED 2 million

Concluded the year 2016 with a record turnover and expects year on year growth of 30% in 2017

Nakheel has awarded a contract worth Dh819 million to Trojan General Contracting and National Projects & Construction LLC for the construction of The Palm Tower

Nakheel awards Dh830 million contracts to Trojan for Nad Al Sheba community

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