Abu Dhabi’s construction cost stabilises in Q1

On a quarterly basis, the index decreased by 0.4% from its level in Q4-19, as shown by recent data from the Statistics Centre Abu Dhabi

  
Image used for illustrative purpose. Laborers walk at the construction site of the midfield terminal of Abu Dhabi International Airport in Abu Dhabi, United Arab Emirates, November 6, 2017.

Image used for illustrative purpose. Laborers walk at the construction site of the midfield terminal of Abu Dhabi International Airport in Abu Dhabi, United Arab Emirates, November 6, 2017.

REUTERS/Stringer

UAE – The Abu Dhabi Construction Cost Index (CCI) remained unchanged in the first quarter (Q1) of 2020, compared with Q1-19, as the index maintained its reading at 98.

On a quarterly basis, the index decreased by 0.4% from its level in Q4-19, as shown by recent data from the Statistics Centre Abu Dhabi (SCAD).

The Construction Cost Index (CCI) is an important statistical indicator for the purposes of planning and research in various disciplines, according to SCAD.

Source: Mubasher

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