2018 CW Power 100 Preview: UAE giant ALEC's Kez Taylor returns
The UAE contracting giant's chief executive officer, last year's #1 entry, returns to the annual ranking of the Middle East's most high-profile construction leaders
Kez Taylor, chief executive officer of ALEC Engineering and Contracting returns to the 2018 Construction Week Power 100 list.
In the 17 years that he has held the role, Taylor – who was the #1 entry on the 2017 Construction Week Power 100 – has led ALEC’s work on some of the Gulf’s most high-profile projects, especially in its home market, the UAE.
Between June 2017 and May 2018, ALEC worked on major development schemes in the Emirates, including the Bluewaters Island’s Retail District, the Bvlgari Resort, the Holiday Inn Festival City, and the Marina Gate projects, in addition to the expansion of Al Maktoum International Airport. ALEC was involved as principal contractor on all these projects.
ALEC’s ongoing portfolio features more such impressive projects – by 2019, the contractor will have added work on Emaar’s Dubai Hills Mall; Ithra Dubai’s One Za’abeel and Deira Waterfront Office and Hotel (Plot 4); and Expo 2020 Dubai’s Conference and Exhibition Centre (CoEx) Campus and Mobility Pavilion, to its record.
The contractor’s workforce growth demonstrates its success in the UAE contracting market; ALEC currently employs 252 full-time qualified engineers, 2,656 unskilled labourers, and 205 women employees.
Speaking to Construction Week, Taylor listed Expo 2020 Dubai as the single biggest opportunity for ALEC over the next 12 months: “With Expo 2020 drawing closer and developers wanting to ensure they are ready to capitalise on the increased number of visitors to the city, there is going to be massive demand and pressure on contractors to deliver.
“This is going to affect the actual exhibition facility as well as a myriad of associated developments such as hospitality and commercial spaces. Contractors that are geared up to meet this demand will be well placed to participate in a meaningful way and play a major role in helping the city deliver this iconic event.”
Meanwhile, Taylor listed payment delays as one of the major challenges that the industry must seek to manage in the year to come: “For a long time, clients involved in construction projects have not met their obligations with regards to payments, and have done so without consequence.
“This has brought tremendous pressure to the whole supply chain, which is now failing financially and, as a result, is not able to perform like it used to. As an industry, we need to find a way to ensure that cash is available for construction projects and is released timeously and fairly to allow all stakeholders to perform.”
The 2018 Construction Week Power 100 is the annual ranking of the Middle East’s most influential construction leaders, and will be revealed across Construction Week’s print, digital, and video channels by 30 June.
Scroll down to watch the 2018 Construction Week Power 100 Preview interview with Taylor, and visit Construction Week’s YouTube channel to catch our full Power 100 playlist.
Click here to check out the 2017 Construction Week Power 100.