GCC Construction Industry Set to Reach Record of Nearly USD 130 Billion in 2016

Sunday 15 November 2015

Dubai - MENA Herald: The GCC’s increasingly complex architectural projects will require contractors to adopt the latest construction software, industry experts announced today in the build-up to The Big 5 exhibition.
In 2016, the GCC’s construction industry is set to reach a record high of USD 126 billion, growing at a CAGR of 11 percent, according to the recent “GCC Construction Industry 2015<http://media.ne.cision.com/l/zhhsuspr/www.alpencapital.com/downloads/GCC_Construction_Industry_Report_June_2015.pdf>” report by Alpen Capital.
“Mega-events such as World Expo 2020 and 2022 FIFA World Cup Qatar are driving the Middle East’s demand for increasingly complex architectural and engineering projects, across skyscrapers, stadiums, airports and transit, and museums,” said Paul Wallett, Area Business Director, Tekla Middle East.
“At The Big 5, we’ll leverage our experience from working on the region’s leading projects to educate contractors on the need to adopt the latest construction software to complete the wide range of projects on time and on budget,” added Paul Wallett.
Building Information Modeling software, enables firms to create reliable and detailed digital models that can enhance productivity and collaboration, and reduce costs.
Anticipating the strong demand for construction software, at The Big 5 Tekla will showcase its advanced BIM software Tekla Structures 21<https://wpyadmin.ne.cision.com/l/zhhsuspr/download.tekla.com/tekla-structures-210> and Tekla Structural Designer<http://media.ne.cision.com/l/zhhsuspr/www.tekla.com/products/tekla-structural-designer>, and BIM viewer Tekla BIMsight<http://media.ne.cision.com/l/zhhsuspr/www.teklabimsight.com/> and Tekla Field 3D<http://media.ne.cision.com/l/zhhsuspr/www.teklabimsight.com/tekla-field-3d> for mobile devices.
Tekla is exhibiting at stand PMV A130 under the theme of “Change is Coming” at The Big 5, which runs from 16-23 November 2015 at the Dubai World Trade Centre.

Related News