UAE: Abu Dhabi

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While construction in the UAE and the wider region has been hit by the financial crisis, Abu Dhabi’s commitment to forge ahead with its major developments bodes well for contractors active in the local market.
The year 2010 will be remembered in Abu Dhabi for the local government forging ahead with a counter-cyclical spending regime aimed at boosting the economy and buttressing the Economic Vision 2030.
While Abu Dhabi is introducing a series of green initiatives, like other rapidly developing cities it faces challenges in reducing its carbon footprint over the short term.
The recent Abu Dhabi Formula One (F1) Grand Prix helped the emirate’s policymakers achieve objectives both on a strategic and touristic level, but the government is eager to achieve even loftier tourism goals in 2011.
Telecommunications providers in the UAE are re-aligning their strategies and upgrading their networks amid greater competition, high mobile saturation and shifting revenue patterns.
Large-scale infrastructure projects under way in Abu Dhabi are expected to give the economy a welcome fillip and open up future investment opportunities.

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