I live here in the UAE and work in the construction sector....

I live here in the UAE and work in the construction sector. There is an improved sentiment here towards new construction project, among a host of reform and changes such as the introduction of the VAT in 2018 and further corporate taxes.

That said the Government is ramping up for 2020 announcing the largest budget ever;

https://www.thenational.ae/uae/duba...8-as-it-boosts-spending-on-expo-2020-1.683361

A lot more professionalism here through the implementation of regulatory controls and clients are applying lessons learnt from previous mistakes of hiring cowboy consultants to run their projects. I see ACX popping up a bit more as part of the development of construction projects. Moreover, I see Saudi will boom soon, the shifting in powers and social reforms along with an emphasis of deregulation of government control and doors opening to foreign investment to stem the dependency on oil will give rise to numerous PPP projects as local housing is required for a booming population.

Plenty to be encouraged about on a macro-scale in the region.