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Monday, July 26, 2010 Abu Dhabi Projects
Back in the late 1990s, when the UAE was starting its ascent into world stardom, companies were being set up to take advantage of the lack of data to provide intelligence on such projects. Dubai was the focus up to the mid noughties, but from 2009 onwards, all the focus has been on the new construction projects in Abu Dhabi that come to fruition 2010, 2011 and 2012. There are numerous markets for this information. End consumers and speculators are interested in the property market to see if they can make a quick buck. I'm afraid that will probably not happen this time round as Abu Dhabi cements itself as a long play. The obvious market for this data are the construction and infrastructure companies themselves who are interested in tender lists for both major infrastructure projects and for new construction projects. The problem with these developments is mapping and location - non local companies want a map of development projects to assess scale, synergy and saving. Unless you are local, companies find it difficult to pitch value of the project in question to determine viability. And, in some instances whole areas are being rebranded with Al Gharbia being a prime example. The third market is for the job seeker. Many look to earn their riches for a few years before settling down. We would never hope to be a MEED company offering intelligence and data, but while the market is buoyant, I am sure there are many pretenders. We have started to put together a list of Abu Dhabi projects at a glance to reflect the higher profile projects that are currently in the offing. We have tried to keep it topical, but no doubt it's already out of date! And at some point in time someone will use this as a reference to cancelled projects in Abu Dhabi. Let's hope not!Abu Dhabi Projects Labels: abu dhabi projects
posted by grapeshisha at 4:04 PM
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