UAE's awarded contracts in residential sector at USD11.97b in H1


(MENAFN) Residential sector reached its highest in six years in awarded contracts in the UAE during the first six months of the current year, according to the Emirates 24/7



Major projects, which worth over USD30 million in the UAE in the civil construction (buildings and transport) sectors, have been awarded contracts total USD15 billion



Over 50 contracts, worth a total of more than USD5.4billion, were for newly announced or recovered residential projects and a further USD3.8 billion were for mixed-use projects


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