Friday, August 3, 2012
The UAE construction industry is back in news as it is gearing up to provide some really promising jobs this year. Unlike the year 2009, which saw much of its projects being delayed or cancelled, this year has witnessed a fast economic growth in the UAE. The two major sectors, the construction industry and infrastructures are getting the maximum investment options which have taken the economic development of the country to new heights in recent years. And the UAE is expecting similar results in the year 2012 and beyond; told James Sayer, Associate Director, Robert Half UAE to emirates 24I7.
A large number of professionals are needed for a wide range of vacancies including engineering and technical specialists, accounting professionals such as tax specialists and cost accountants and contract lawyers for complex transaction jobs. These are specific jobs and are likely to be in demand for the upcoming years as well; as said by Konstantina Sakellariou, Partner, Marketing & Operations Director at Stanton Chase
The construction industry is looking for experienced project management engineers along with other technical jobs which have been in demand in the past too. Also it is believed that only some well known projects will be engaged in hiring those professionals, not the entire sector.
Louvre and Guggenheim museum's project, which is a highly publicized project in Abu Dhabi have resumed its construction work hiring qualified professional. Some specific construction projects in Dubai have also restarted due to a great demand.
If the recent Research and Markets report is to be believed, during 2010-2013, the construction industry in the UAE will be achieving a growth target of 7 percent CAGR.
The report also says that the UAE will be excelling in several other sectors despite a global economic crisis. The major sectors include transportations, communications, tourism, housing, industrial & commercial facilities, education & health care amenities, utilities, ports & airports.