Middle East Property and Construction Handbook 2022
2022
Reflecting on the global economic recession brought on by the coronavirus pandemic, the overall global economy is experiencing a robust and rapid rebound, particularly in advanced economies. While this recovery remains positive, caution is required.
Mounting debt levels, the potential for additional pandemic waves, new variants, delays in agreement of international vaccination policies, unequal vaccination distribution and rising inflationary pressures have the potential to deliver further setbacks.
This edition of our Middle East Property & Construction Handbook 2022 assesses trends and new opportunities that have presented themselves during these unprecedented times. The handbook also reviews the impacts and threats experienced over the last 12 months on local, regional and international markets.
Articles
We have carefully selected articles written by AECOM specialists, that focus on prevailing themes within the construction and property market. These articles aim to provoke thoughts in relation to the growing opportunities within the Middle East on subjects such as repurposing underutilized buildings for food security challenges and inner-city agriculture. We also take a look at the construction industry’s role in reducing global carbon emissions by addressing embodied carbon in construction, and examine the opportunities and challenges faced by public and private sector finances in regard to climate change action and disclosures in financial decision-making.
We're delivering a better world
We delve into the recent chapter of AECOM’s sustainable and digital transformation journey by showcasing how our focus on innovative and transformative solutions are being employed to improve outcomes for our clients and communities.
As with previous years, we include as a point of reference a synopsis of typical regional procurement routes, forms of contract and building regulation compliance across the Middle East. The reference data section provides averaged international and regional cost data within the built environment. This data acts as an indicative high-level guide and comparison of building asset costs and should be used circumspectly.
Like the nature of any project, its interpretation is dependent upon several project specific factors and assumptions. For specific current and benchmarked cost data, please reach out to AECOM’s Program Cost Consulting team to assist you in obtaining relevant and specific costs for projects.
Please download the full report to access the reference data.
Get in touch
As always, we continue to seek your feedback to support our drive for improvement. Please get in touch