06-03-2025
Ajman construction boom sees contracts up 63% to $2.6bn
The Ajman Municipality and Planning Department announced that construction contracts' value in the emirate exceeded AED9.655bn ($2.6bn) in 2024.
This aligns with the emirate's strategic goal of achieving sustainable development in the construction and building sector.
Abdul Rahman Mohammed Al Nuaimi, Director-General of the Department, highlighted that the value of the contracts saw significant growth compared to 2023, when it reached AED5.936bn ($1.6bn).
Ajman construction contracts
He also emphasised Ajman's success in positioning itself as a model modern emirate that ensures a high quality of life for residents, visitors, and tourists while providing an ideal investment environment for successful and sustainable projects across various sectors.
He further noted that the rate of increase in the value of construction contracts recorded 62.66 per cent compared to 2023, crediting continuous efforts, strategic planning, and forward-thinking policies aimed at enhancing service excellence in building permit issuance, expediting processes, and boosting the emirate's global competitiveness.