2018 CW Power 100 Preview: Navin Valrani of UAE's Al Shirawi grows
The 11 companies led by Al Shirawi Group's Navin Valrani are heading for revenues of $450m, despite the market challenge of rising labour costs
One of the UAE's most influential business leaders, Navin Valrani of Al Shirawi Group appears in the 2018 Construction Week Power 100.
As chief executive officer (CEO) of engineering and education services at Al Shirawi, Valrani leads the UAE conglomerate's 11 of many diversified businesses.
Valrani is the CEO of 11 companies, which includes those directly operating in the UAE’s construction sector, such as Al Shirawi Contracting, Al Shirawi Electrical & Mechanical Engineering, Al Shirawi Interiors, Al Shirawi Infrastructure Construction, Al Shirawi Facilities Management, and Al Shirawi US Chillers, which is a joint venture (JV).
Between July 2016 and June 2017, the 11 companies led by Valrani posted revenues of $400m (AED1.46bn), with this number expected to reach $450m (AED1.65bn) between July 2017 and the end of June 2018.
All 11 companies have noted a year-on-year increase in their number of full-time qualified engineers, from 239 in 2017 to 261 in 2018. Their number of women employees has also risen from 66 in 2017 to 94 in 2018.
Valrani has much to look forward to in the year to come, particularly in terms of the projects his business units are overseeing.
Between now and May 2019, Al Shirawi Interiors will deliver the complete fit-out of Cityland Mall and Silicon Park in Dubai. Meanwhile, Al Shirawi Contracting will provide waterproofing services for Emaar’s Il Primo and Address Residences at Opera District.
Additionally, Al Shirawi Electrical & Mechanical Engineering will deliver mechanical, electrical, and plumbing (MEP) services for the Tiara Towers and Atria Tower schemes.
Valrani, who lists rising labour costs as one of the biggest challenges facing the industry in the next 12 months, lists Dubai, Abu Dhabi, and Sharjah as his companies' key markets in the year to come.
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, 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.