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UAE Contractors Forum & Awards

Developing strategies and establishing best practices to overcome challenges faced by contractors in the UAE

The UAE construction industry has grown considerably over the past few years with the continued development of various Emirates stimulated by considerable government spending and renewed investment from the private sector. In 2013 alone, over US$150 billion of new projects were announced in the Emirates and, with the subsequent awarding of EXPO 2020 to Dubai, the investment is set to continue for the foreseeable future.

In light of these factors, Trojan Holding LLC sponsored the UAE Contractors Forum and Awards held in Dubai from 2 - 3 June. In this event we looked at existing opportunities for contractors in the UAE and discussed major challenges facing the industry, including:

  • Impact of increased competition on the profitability of contractors
  • Lack of availability of skilled labour and how that impacts the quality of work
  • Delivering projects on time and within budget using smart building technologies
  • Adhering to stricter sustainability and energy efficiency standards

Key factors driving growth in this sector include:

  • The regeneration of Abu Dhabi infrastructure, residential and commercial sectors in line with their 2030 economic vision
  • Dubai's re-emergence as an attractive destination for local and international real estate investors
  • Increased development in the hospitality, leisure and transportation sectors due to the awarding of EXPO 2020

 

                          

2016 ACHIEVEMENTS

2016 has been a successful year for REA as we would like to take this moment to highlight some of our outstanding achievements.

Our most telling achievement was growth of the company from 1,988 employees reaching 2,502 employees, with an increase of 514 which strengthen REA’s capabilities and capacity to deliver the increase number of our projects.

Reem Emirates Glass division of REA have undertaking major production uplift by successful installation of a new (DGU) Double Glass Unit & Tempering Line facilities; which has enabled the firm to achieve 100% production capacity.

In order to diversify our products lines REG have successfully installed Ceramic Fritting Glass machine to fulfill all printing glass requirements in-house and improve the supply chain cycle on glass products.

Project Handovers in 2016:
Al Jazeera Tower – (Abu Dhabi)
Viceroy Hotel Palm Jumeirah - (Dubai)
City Walk Hotel - (Dubai)
Saraya Towers - (Abu Dhabi)
Zone K - (Abu Dhabi)
 
Awarded Projects in 2016:
Opera Grand Tower, Emaar – (Dubai)
Vida Residence, Emaar - (Dubai)
Tiara United Towers, Al Wasel/Meras - (Dubai)
Serenia Residences – Banian - (Dubai)
Palm Tower – Nakheel - (Dubai)
Axis Tower – Hansen Façade – (UK)
19 Duncan Street – (Canada)
 
Current Progress on Ongoing Projects:
98% completion of 2000 Villas - (Al Ain)
95% completion of Akoya Villas - (Dubai)
91 % completion of 3000 Villas - (Al Ain)
82% completion of MBS Crown Plaza – (UK)
71% completion of W Hotel - (Dubai)
66% completion of Seventh Heaven - (Dubai)
64% completion of City of Light – (Abu Dhabi)
60% completion of Ashjar - (Dubai)
57% completion of Serenia - (Dubai)
20% completion of Axis Tower – (UK)
13% completion of JVC (Suites in the SKAI) - (Dubai)
10.00% completion of Palm Tower - (Dubai)
3% completion of Nad Al Sheba- (Dubai)

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