According to a report by the National, a package of new and relaunched developments in Dubai is expected to contribute tens of thousands of jobs to a hiring boom across the country.
Developments approved since last month are estimated to be worth a total of Dh4 billion (US$1.08bn), following several new announcements on Saturday by Sheikh Mohammed bin Rashid, the UAE’s Vice President and Ruler of Dubai.
“This is a sign of increasing confidence in the market,” said Craig Plumb, the regional head of research at Jones Lang LaSalle. “For the construction industry it’s a huge boost. All of these projects will generate jobs for tens of thousands of labourers and hundreds of engineers.
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