The Middle East’s growing interest in modular construction is fuelled by major national development initiatives, including Saudi Arabia’s Vision 2030, the 2022 FIFA World Cup in Qatar, Expo 2020 Dubai, and the upcoming 2030 Riyadh Expo. Both Saudi Arabia and the UAE have become key players in this expanding market. According to Construction Week, the permanent modular construction market in the GCC region grew from $2.9 billion in 2020 to $3.4 billion by 2023. This growth is driven by massive investments in infrastructure, tourism, and urban development projects.
One notable development is KEZAD Group’s partnership with NMDC Energy to build a 224,000-square-meter modular fabrication facility in Abu Dhabi. This $100 million investment is expected to create 3,000 new jobs, highlighting NMDC Energy’s commitment to supporting the UAE’s vision of becoming a global industrial leader. This project will strengthen the UAE’s standing in modular construction and advanced manufacturing, positioning the region as a competitive force on the global stage.
With increasing investments and collaborations in modular construction, companies must begin transitioning to modular and prefabrication methods to remain competitive. The Modular Construction & Prefabrication Summit, organized by Trueventus, will feature industry leaders presenting cutting-edge technologies and techniques in modular construction. Attendees can gain valuable insights, explore the latest innovations, and take advantage of networking opportunities to enhance productivity, streamline workflows, and maximize profitability.