DAMAC Properties is taking its project tendering online with professional e-tendering platform ProTenders.com, in a three-year agreement. ProTenders was specifically chosen in order to streamline DAMAC Properties’ tendering activities, allowing them to manage multiple tenders in real-time using its unique cloud-based technology.
Mr Karim Helal, CEO and Founder of ProTenders commented “We are delighted to have the opportunity to work with a leading developer such as DAMAC Properties and providing them with the platform, knowledge and support they need to complete such a big undertaking.”
Commenting on the agreement, Mohammed Tahaineh, Senior Vice President – Commercial, at DAMAC Properties commented: “With over 2,000 companies on our supplier list, ProTenders’ dynamic company and tender reports enable us to quickly compare bids and make the right choice by easily identifying variations and drilling down into specific categories. The platform allows faster decision-making as we are able to manage tenders in real-time, resulting in reduced tender cycle times.”
The platform has a repository able to handle any scope, from a single project to a whole city, and has been built from the ground up for the construction industry, enabling developers, consultants and contractors to easily work together in a secure and user-friendly environment. It centralises all activities, documents, bids and communications in a single source, which is available 24/7 online and accessible from anywhere by simply logging in.
Mr. Helal added “Our award winning platform has so far proven to be a huge success with other developers in the region, as it has been used to manage over $20 billion worth of bids across more than 1000 tenders ranging from building renovations to $300M infrastructure projects. The fact that we take care of the on-boarding, training and support for all parties involved makes this a seamless transition for our clients, their partners and suppliers. We’ve also been seeing a massive growth over the last few months as we’ve introduced our Project Intelligence & Company Profiles modules, with hundreds of Suppliers, Contractors & Consultants signing up ever month to expand their businesses and mitigate the risks of the market.”
After an extensive testing phase, the DAMAC Properties platform is now live, and has already successfully progressed/processed over 100 tenders during its soft launch period.
Since the launch of our Company Profiles, Construction Intelligence & Product Catalogues modules in 2016, ProTenders’ data and traffic grew exponentially, quickly becoming one of the leading information sources for anything Construction in the region.
Less than a year in, the platform now enables 19,000 companies to market themselves and be found by potential partners, actively tracks 15,000 projects of all sizes, sectors and locations and is visited 300,000 times per month, an increase of 600% in the last 16 months, from 105 countries.
Having vast amounts of data about an Industry is certainly important, but making it quickly and efficiently searchable is key in order to provide value to companies who depend on it to plan their next move or close their next deal.
In response to this increase in search demand, we are happy to officially launch our ProTenders Real-Time Intelligence module, providing the fastest way for local, regional and international developers, consultants, contractors and suppliers to find the exact partners, products or projects they need, every time.
What is ProTenders Real-Time Intelligence all about?
What if you were a contractor and wanted to find the exact project that matched your requirements, including name, type, location, budget, name of participants or status? You now can, and it only takes a few seconds, all from the comfort of your office.
What if you were a supplier, wanted to have your products featured in one of Emaar or Damac‘s projects and thus needed to find a way to connect with the right consultants who work on their projects? You now can, and it takes 4 clicks and less than 1 minute.
Finally, what if you were looking for the an MEP Consultant that has experience in Hospitality projects in the UAE or Qatar?
Freshly Launched & Already Making a Difference
ProTenders’ Real-Time Intelligence helps companies of all sizes, types and locations answer between 8,000 and 16,000 questions like these every single day, providing the answers in an average of 2ms.
Whether you’re looking for ways to grow your construction business, expand to new markets, find new products and partners, or streamline your tendering process, ProTenders is the only platform you’ll need.
Karim Helal is the chief executive and co-founder of ProTenders.com, a construction intelligence and tendering platform connecting developers, consultants, contractors and suppliers. The Canadian, 41, who grew up in the 1980s in Abu Dhabi, where his father worked as an architect, returned to the capital 10 years ago, where he now lives with his wife and two-year-old son. The businessman says there is no “typical” 24 hours in the life of an entrepreneur. “Every day is different and brings new challenges and new surprises, and that’s what makes entrepreneurship so exciting.”