Trends and issues affecting regional construction projects ...United Arab Emirates

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Trends and issues affecting regional construction projects
Construction, as an industry, has always been fascinating and volatile in equal proportions. It is exciting to witness the metamorphosis from scribbles on a drawing board to a full-fledged constructed project. The current turbulent times have magnified the volatility across all industries and brought it to the fore, but specific to our industry, we are no strangers to the ebbs and tides. Specific to these current times, we have noticed the following challenges leading up to the completion of projects: Meteoric rise in the demand for residential developments specially villas: This market curve is both a boon and a bane for us. Boon because we now have a higher influx of villa projects and ba

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