Contractorâ€™s group calls for shift towards â€˜best practiceâ€™
UAE Contractor's Association says that universal standards will allow firms to grow in the market
The UAE Contractor's Association is calling for the standardisation of best practices across the region's construction sector.
With construction activity in the UAE currently ranked among the highest in the world, Humaid Salem, general manager, UAE Contractor's Association, said that now was the time to implement best practice in order for businesses to flourish.
"Best practices are taking increasing hold on the market with the entry of international companies, along with a growing number of joint ventures being forged between local and global operators," he said.
"The challenge moving forward for this region is to develop in line with best practice in order to create one standard specification for all building materials and works. This will make local contractors better able to compete on the global stage and allow the best to flourish. We hope to work with the UAE government to produce one code of practice."
Salem dubbed the construction sector as "the mainstay of the region's economy with all indicators pointing to its growing national significance".
The UAE Contractor's Association has doubled its membership to 700 companies in just three years.
Members come from within the building and engineering sectors across the Emirates and travel throughout the region and internationally to see what's on offer, as well as to learn about the availability of products that will enable them to improve their methods and costs.
"Although the UAE's construction sector is characterised by fierce competition, contractors are embracing new suppliers, manufacturing methods and new technology to stay ahead of the game," added Salem.
Early last year, the association formed a company called Global Resources Construction Material, with the aim of using the collective buying power of its members to source building products.
Around 30 companies jointly invested around US $13.8 million (AED51 million) in the new venture.
The aim of the company was to better protect contractors against price hikes and delivery delays.