Podcast: How can construction companies succeed in Oman?
The private sector will play a key role in Oman's growth as government priorities evolve with population demands
Oman's construction sector is contending with a host of macroeconomic issues, from payment delays and price wars to consolidation and aggressive business practices, but is there light at the end of the tunnel?
As of March 2019, the country's pipeline of projects was worth $259.6bn, with infrastructure schemes valued higher than the oil and gas projects that have historically been the growth driver of the economy, exclusive data by ProTenders shows.
In the latest episode of Construction Week Viewpoint, Oscar Rousseau and Jack Ball, CW's deputy editor and senior reporter respectively, explore how contractors in Oman can overcome the liquidity crisis and turn the tide on payment delays and challenging economic conditions.
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Previous episodes of Construction Week Viewpoint have featured expert guests such as Saeed Al Abbar, managing director of homegrown Emirati engineering consultancy AESG; Rizwan Sajan, founder of Danube Group; and Abdulmajid Karanouh, head of advanced interdisciplinary design and innovation, Drees & Sommer.
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