Schneider Electric has received the top overall score for strategy and execution among 15 companies that have shown a strong track record in the BEMS market.
Author: Paromita Dey
Aconex software solutions has been chosen for the construction management of one of the largest transportation infrastructure projects in the Gulf region.
CEO of Cayan Group expects challenges arising in recruitment. The solution being putting in place policies to offer internship and partnerships for training.
CEO of SSH says main challenge will be to navigate a steady course around the region focusing on key client relationships and delivering to schedules.
Despite market headwinds, Bill Bodie, Executive Vice President of Parsons, sees good opportunities for growth in 2017.
Ahmed Alkhoshaibi, Group CEO of KBW Investments, says his company is planning to announce two new endeavours that will increase market penetration.
Outlook 2017: The UAE is expected to remain one of the most active construction markets in the region in 2017, with focus on Dubai.
Campbell Gray, MD of Faithful + Gould, sees the industry sector presenting opportunities in 2017 and plans to diversify into this sector.
Strong cash management will be paramount for leading companies in the future.
Overall we anticipate that 2016 was the bottom in terms of growth in GCC construction markets. The year saw that initial expectations that the wealthy GCC markets could sustain their infrastructure project pipelines during a sustained period of lower oil prices was untrue and planned projects began a period of rationalisation. There has been pain in some markets notably Saudi Arabia, which we forecast went into recession over 2016 but 2016 also saw markets begin a fundamental transformation which should set them on the path of more sustainable growth as they look to increasingly tap the private sector.…