CIOB’s move to Middle East could boost construction activity ahead of 2022 World Cup

The construction industry is booming in the Middle East and the Chartered Institute of Building (CIOB) plan to take advantage of this by opening a new office in Dubai.

The global construction industry is expected to grow by 70% in the next decade, with forecasts predicting it will be worth $12 trillion in 2020, compared to $7.2 trillion today. That’s why the CIOB have swooped in, to try and create jobs for UK contractors in the area.

The CIOB plans to use its new foothold in Dubai to launch new initiatives and construction projects across Abu Dhabi, Oman, Qatar and Saudi Arabia.

The CIOB’s Head of International, Amy Gough says that, “The expectation is that China, India and Eastern Europe will be the new magnets for construction activity.”

Ms Gough continued to say that, “we are still seeing our own members , and other construction professionals, migrate towards the Middle East.”

It is no surprise that the Middle East and countries like India and China are booming, as they are two of the world’s fastest growing countries and the next two big superpowers. A report published this month by Global Construction Perspectives and Oxford Economics found that China and India are expected to contribute half of the $4.8 trillion increase over the next nine years.

Stadium designs for 2022 World Cup

The other benefit of companies like the CIOB having a base in the Middle East is the arrival of the 2022 World Cup in Qatar. It may be over a decade away, but UK construction firms could have a big part to play in helping the country get ready for the world’s biggest sporting event.

It may have not been a popular choice for Qatar to host the 2022 World Cup among football experts, but it could have a similar effect to the 2012 Olympics, in terms of creating work and jobs for contractors abroad.

What do you think about the CIOB’s move to Dubai? Let us know on the Train4TradeSkills Facebook and Twitter pages.

About Train4tradeSkills

Train4TradeSkills offer the only trade training skills courses that combine three great ways to learn, through a unique blend of book based theory, practical workshops and virtual reality PC based training, to help you qualify you as a plumber, electrician or gas engineer. No other learning provider offers our unique way to study, with full tutor support, easy to follow, step by step modules. Once you complete one part of the course and return your work for marking, the next stage of the course automatically follows. It’s as easy as that. It’s fun, it’s easy to follow... and it can be fitted around your existing work and family commitments!

Posted on March 24, 2011, in construction jobs, construction news, Electrical News, electrician jobs, plumbing jobs, Plumbing News, train4tradeskills and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink. 1 Comment.

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