Prefabrication and Modular Summit 2016 welcomed experts from USD209 billion industry sector Dubai, 25th of February, 2016: The Middle East Prefabrication and Modular Construction Summit (MEPMCS) 2016 concluded last week (17-16 February), with SRA, leading stakeholders, thought leaders and subject experts hailing the UAE as the regional leader in this industry segment.

With the region’s precast and prefabrication construction industry slated to reach USD209 billion by 2020, and at a projected compound annual growth rate (CAGR) of 6.5 per cent, the industry remains in robust health. Experts at the summit did stress, however, that the region can and should do more to meet the ever-improving standards set in international markets. The event was supported by SRA, Dubai Municipality, Fujairah Municipality, and  the UAE Contractors Association, and the summit was organised by Information Exchange Group (IXG).