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Demand could outstrip the supply of vital sustainable materials to meet green building regulations in the GCC, according to a new report by Ventures Middle East.
There are enormous opportunities in the region for suppliers of energy-saving and green products, including lighting, kitchen and bathroom fittings and natural stone fittings, according to the GCC Focus on Sustainability in Construction report commissioned by The Big 5 exhibition in Dubai.
“Green buildings witnessed a slow take-off in the GCC,” the report stated, but governments have acted swiftly in the past three years to embrace sustainability through education and legislation. Developers have also recognised that buildings have to demonstrate sustainability to be marketable.
“The rise in green buildings has resulted in an increased demand for green building materials,” the report said. “It has also resulted in the creation of new and unconventional building materials, which are in line with new building specifications.”
The report was prepared in the run-up to the Sustainable Design and Construction Conference on November 18-19 as part of The Big 5, which will run November 17-20 at the World Trade Centre.
“The UAE is considered a leader in green building practices,” according to the report, which also noted that most developers now recognize the commercial benefits of a sustainable building.
Source: Property Weekly