The rising demand for new private schools in the GCC is driving the growth of onsite refurbishments. Several companies are trying to win multi-million dollar projects in this sector to generate big revenues. The key growth drivers for education facilities is the rising population, increasing number of expatriates, and the growing importance of better quality of education. Out of all the constructions, 92% are coming up in Saudi Arabia, then Qatar, Oman, Kuwait, and the UAE.
According to a report published by Alpen Capital about GCC Education Industry the figures indicated that Education 2020 Conference estimated UAE's private education sector at US$1.9 billion in 2014.
Statistics presented by Dubai's Knowledge and Human Development Authority (KHDA) showed that there will be 250 private schools in the Emirates by 2020 from just 169 at the moment.
A European sport pitches and carpet company, Desso won several in 2015 to cover an area of 54,300sqm of educational floor space. The high contracts won by Desso were valued at US$1.3 million. This valuation is inclusive of 5,600sqm installation of carpet tiles in Cranleigh School in Abu Dhabi, 14,500sqm of new carpet installation at Kalifa University, 20,200sqm of Gems Schools, and a few other Adec schools in Abu Dhabi amounting to 9,000sqm.
According to Andre Dulka, Desso's regional director, Middle East, Africa & India, about 11 new schools started in Dubai, all of which demanded modern facilities. Desso intends to focus on such a demand in order to tap into lucrative business opportunities and build a good reputation in the functional and creative flooring solutions market.