Navigating the Middle East Construction Boom: Insights from Tribe Search

October 10, 2023

Across the Middle East, a growing emphasis on sustainable construction practices has become evident. Extensive research and development efforts are channelled into pioneering technologies and materials, with a focus on reducing environmental impact, elevating energy efficiency, and fostering sustainable building methods.

The Middle East’s construction industry market is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 6.3% during the 2019-2028 forecast period. This dynamic sector encompasses diverse projects spanning residential, commercial, and infrastructure development. Several driving forces fuel this growth, including government initiatives aimed at stimulating infrastructure development and urbanisation, amplified foreign investments, and the burgeoning tourism industry. Furthermore, population expansion, along with the demand for new housing and commercial structures, contributes significantly to this burgeoning market. (source: RationalStat, Value & Growth).

Governments throughout the Middle East are heavily investing in infrastructure development, encompassing projects such as roads, bridges, airports, and power facilities. Concurrently, the private sector plays a pivotal role in the Middle East’s construction landscape, evident in the proliferation of residential, commercial, and mixed-use developments.

Tribe Search is ideally positioned to support the ongoing construction boom with its provision of top-tier recruitment services. Leveraging both local and global expertise, we are dedicated to sourcing and selecting senior appointments.

Our strategic approach is crucial for ensuring the availability of the right expertise necessary to deliver ambitious projects within stipulated timelines and budgets.

Drawing from our previous experience supporting Qatar in various global endeavours, including the construction of the iconic city of Lusail (host to the FIFA World Cup), we are optimistic about our prospects in the thriving Saudi Arabian market. Saudi Arabia is currently witnessing an influx of monumental real estate projects, with a proposed investment of £3 trillion earmarked for future developments in the country.

Our commitment to excellence positions us at the forefront of this exciting journey.

Your next strategic move lies with Tribe Search.

 

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