News tagged "Contractors"

Middle East's MEP contractors call for regulation for protection against increased market risks

Middle East's MEP contractors call for regulation for protection against increased market risks

26th April 2019

According to *Constructionweekonline news report, the Middle East's mechanical, electrical and plumbing (MEP) contractors have called for regulation to protect them against increased market risks as competition squeezes contract prices in a market facing payment delays and issues with the design-build contract model, it emerged at the fifth MEP Conference UAE, organised by Construction Week's sister title MEP Middle East.[..]

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Oman’s construction industry faces price war, says Aaron Hennessy

Oman’s construction industry faces price war, says Aaron Hennessy

12th April 2019

According to *Constructionweekonline news report, Oman’s construction industry – which has a pipeline of projects worth $259.6bn (OMR99.8bn) – is facing a price war as contractors quote lower bid prices on tenders, with the aim of securing work as opportunities dry up, Douglas OHI's boss, Aaron Hennessy, said.[..]

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Sabic signs deals with nine construction contractors

Sabic signs deals with nine construction contractors

21st March 2019

According to *Tradearabia news report, Saudi Basic Industries Corporation (Sabic), one of the world’s largest diversified petrochemicals companies, has signed deals with nine construction contractors for various industrial projects in the kingdom, said a report.[..]

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CSCEC ME's Yu Tao views on legislative protection for contractors

CSCEC ME's Yu Tao views on legislative protection for contractors

13th September 2018

According to *Constructionweekonline news report, leading a construction company is no easy task. The job involves a large number of stakeholders and project elements that builders must simultaneously manage – a situation that is only compounded by the payment and progress delays that are endemic in the industry. [..]

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