Delhi, India (PressExposure) April 07, 2009 -- According to our new research report, âUAE Construction Industry Outlook to 2012â, the rapid development in retail industry will give impetus to the construction activities in the UAE. It is anticipated that the UAE will account for about 30% of the additional 143 Million Sq.ft of retail space available in the Middle East by 2012.
With rising consumer spending, large expat population, increasing level of investment in retail real estate projects and strong economic fundamentals, the total investments in retail industry infrastructure will grow at rapid pace. Moreover, increasing number of planned and ongoing retail projects will result in negligible impact on the investments, except the delay in few ongoing or announced projects.
Besides increasing retail real estate space in the UAE will also lead to the highest per capita retail mall GLA compared to other destinations as large number of retail projects likely to be completed by 2010. Of the total investments in developing new retail space, Dubai is expected to account for more than 25% of the total GCC investments and over 40% of the UAE investments.
âUAE Construction Industry Outlook to 2012â is an extensive research report on infrastructure industry in the UAE. The report provides qualitative analysis and quantitative data on various segments of the UAE infrastructure industry. It also focuses on the industry specific investments, future projects and the SWOT analysis to help clients to understand the current c=scenario of the industry. Moreover, the extent of information covered in the report facilitates in identifying the market dynamics and the corresponding factors responsible for transformation.
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