GCC Building Sector Set for 4% Growth

Building Industry In GCC Set For Sustainable Growth

The report highlights the importance of sustainable design strategies and ESG-related programmes in the industry, despite ongoing economic challenges.

The trend presents a significant opportunity for sustainable development and clean energy implementation across the region. Gensler also predicts that carbon performance certifications will become increasingly important, with net zero energy and carbon certifications becoming baseline expectations.

The report also suggests that Europe will lead the way in regenerative systems, with the Middle East following suit.

Additionally, the report emphasises the importance of transforming existing buildings and materials with reuse strategies, which can reduce a building’s life cycle carbon by 40%.

The report also predicts that new evaluation systems for socially responsible strategies will emerge as companies seek to prove their commitment to ESG principles to investors and customers.

While the region is currently behind the rest of the world in building renovation and reuse volumes, the report suggests that the GCC has a unique opportunity to develop and implement sustainability measures from the outset across new projects.