With Dubai firmly focused on becoming a tourism powerhouse, events like Expo 2020 are creating a momentum in the construction sector, which has recovered since the 2008 real estate bubble burst, writes MRIDULA BHATTACHARYA.
The $1-billion Damac Towers by Paramount resort in the Burj area of Dubai continues to make good progress, and as of last month (March), the core walls for each tower had reached Level 23 above the podium levels on all four towers with the slabs having reached the 19th level, according to the developer.
Projects at a glance
Work has begun on the second phase of the Al Maktoum International Airport (AMIA), which will significantly boost the passenger and cargo capacity at the Dubai World Central (DWC) aerotropolis under a $32-billion expansion.
Construction work on the second phase of the $4-billion Sobha Hartland, a mega project located in Mohammed Bin Rashid Al Maktoum City in Dubai, will start shortly, according to the Sobha Group, its developer.
Saudi Arabia’s Alyaf Industrial Company has witnessed a surge in demand for its distinguished range of geosynthetic products in high-profile projects across the Middle Eastern market, particularly in Dubai and the rest of the UAE.
Paschal-Werk G Maier, a leading German specialist in the area of formwork, has created a niche for itself in the Dubai market, where its modular panel system has gained popularity particularly in the construction of vertical elements on a variety of projects.
USGBoraL Building Products (USGBoral), a joint venture between Boral of Australia and USG Corporation of the US, is looking at boosting its presence in the Dubai market not only in terms of personnel in sales, logistics and technical support, but also by setting up a production unit in the emirate.
A leading UAE-based contractor is using Meva’s innovative formwork for slab work to facilitate construction work on a prestigious waterfront development in Dubai, UAE. The Azure Residence project is part of Palm Jumeirah development by Nakheel, which stretches 5 km into the Arabian Gulf, doubling Dubai’s shoreline.