In the spirit of new year’s resolutions, ProTenders highlights three pitfalls for contractors to look out for in 2019.
Depending on who you speak to, 2018 was a mixed year for the GCC construction market. On one hand, the demand from regional events and government-led initiatives, in particular Dubai’s Expo 2020, Saudi’s Vision 2030 and Kuwait’s five-year development plan have helped to bring stability to the supply chain, however, the usual challenges of delayed payments, under capitalisation, inadequate planning and the rising costs of raw materials in combination with oil volatility will almost have certainly been front and centre issues for many construction stakeholders throughout much of last year.