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Construction quotes of the week

by CW Staff on Jul 2, 2009

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“The director’s name is Israr Yousaf, but we don’t know where he is now.”

A spokesperson for Casamia Star LLC is at a loss to explain the whereabouts of the Casamia Star FZE boss to worried investors. Read more here.

“I don’t subscribe to the view that people will upgrade their accommodation necessarily, but where I do see pent-up demand is from mid-management professionals who in the past have had to share accommodation. The size of that potential market must be considerable.”

Charismatic MAG Group head Mohammed Nimer explains one of the areas were future real estate demand will be positive. Read more here.

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“The investments Abu Dhabi is making in infrastructure, in transport especially, and also ongoing infrastructure investments in Dubai, such as the metro, have not only survived the downturn, but have attracted the attention of international majors, which are seeking a safe haven in the UAE's (and certainly the wider Gulf region's) infrastructure markets.”

British consultancy Business Monitor International issues a vote of confidence in the UAE’s infrastructure during its third-quarter assessment. Read more here.

“In this region, there are good examples of designers managing that change. But the vast majority is a really poor collection of architects using eclectic and superficial notions, such as the mashrabiya approach, the overuse of wind towers and the indiscriminate application of Islamic patterns.”

Yemeni architect Suhail Thabet issues an uncompromising assessment on the ‘McDonaldisation’ of Gulf architecture. Read more here.

“There has been strong resilience and demand on key projects such as airport development, infrastructure works and some major investment projects in Riyadh, Doha and Abu Dhabi.”

Michael Page Middle East director Dave Storey explains where construction recruitment trends remain strong. Read more here.




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