Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks.

United Arab Emirates: Five Largest Construction Projects Started in Q4 2022

  • With a project value of $6,800 million, the DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project was the largest construction project in United Arab Emirates, on which construction started in Q4 2022. The DP World/ EMAAR – Mina Rashid Redevelopment – Dubai project is located in Dubai(CITY), United Arab Emirates and initially announced in Q1 2019 with an estimated completion in Q4 2026. The Q Properties – Al Reem Island: Reem Hills – Abu Dhabi project was the second-largest project with a project value of $2,100 million, on which construction work started in Q4 2022. The Q Properties – Al Reem Island: Reem Hills – Abu Dhabi project is located in Abu Dhabi(CITY), United Arab Emirates and initially announced in Q4 2021 with an estimated completion in Q4 2027.

  • The ADNOC Onshore – Flowlines & Wellhead Installations at ADNOC Onshore Fields – Abu Dhabi project was the third-largest project, the Al Yasat Petrol – Belbazem Full Field Development – Abu Dhabi was the fourth-largest project, and the Brooge Pet & Gas Invt – Fujairah Storage Terminal Facility :Phase III – Al Fujayrah was the fifth-largest project with a project value of $1,500 million, $900 million and $600 million respectively. The ADNOC Onshore – Flowlines & Wellhead Installations at ADNOC Onshore Fields – Abu Dhabi project located in United Arab Emirates was announced in Q1 2013 with an estimated completion in Q4 2024, the Al Yasat Petrol – Belbazem Full Field Development – Abu Dhabi project located in Abu Dhabi(CITY), United Arab Emirates was announced in Q4 2016 with an estimated completion in Q3 2024 and the Brooge Pet & Gas Invt – Fujairah Storage Terminal Facility :Phase III – Al Fujayrah project located in Al Fujayrah(CITY), United Arab Emirates was announced in Q4 2018 with an estimated completion in Q3 2025.

  • Among the five largest projects, the Q Properties – Al Reem Island: Reem Hills – Abu Dhabi project is the longest in terms of completion date, with construction expected to be completed in Q4 2027. On the other hand, the Al Yasat Petrol – Belbazem Full Field Development – Abu Dhabi project is the shortest in terms of completion date, with construction expected to be completed in Q3 2024.

United Arab Emirates: Five Largest Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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