Author: Paromita Dey

The main challenges in 2016 and also the biggest opportunity for the construction community is to work in alignment to achieve project success. Each stakeholder must take responsibility and accountability for their roles and work together to achieve the project outcomes. Alignment and collaboration is a challenge but when done correctly it opens the door to many opportunities. The construction sector at the moment is very positive and there are plenty of opportunities in the next 5+ years. We will be focusing on operational efficiency in 2017 and ensuring that we create an environment on projects where all our stakeholders…

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Al Naboodah Construction Group (ANCG) has significant private sector orders in the pipeline for the first quarter of 2017, the majority being real estate sector clients, the sector which is providing the best opportunities for us. We did not see a significant decline in the number of tenders issued in 2016 and do not predict a decline in 2017. The biggest challenge in 2017 for the industry will be managing project financing and payment delays. ANCG has successfully avoided these through careful assessment of the projects we work on, and the financial security of who we partner with. We are…

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We expect a general slowdown in activity in 2017 compared to 2016, mainly due to the level of the oil price which will have an effect on all industries. However, due to a number of strategic projects such as Dubai Expo 2020, we will focus our attention on the larger projects as the necessary infrastructure work will continue to develop in order to be ready on time. The Qatar World Cup 2022 is obviously also an important driver. In general, all our projects are considered to be a challenge as such, due to their inherent complexity. However, if we have…

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