Podcast: Yu Tao of China's CSCEC ME talks challenges, Saudi plans
EXCLUSIVE: Chinese state-owned contractor's president, CEO features in CW's latest Viewpoint podcast episode
China State Construction and Engineering Corporation Middle East (CSCEC ME) has a strong presence in the Middle East, with the Chinese state-owned contractor building, among others, Damac Properties’ mixed-use megaproject Aykon City in Dubai.
In this latest episode of the Construction Week Viewpoint podcast, host Jack Ball, senior reporter at Construction Week, recaps on his recent one-on-one interview with Yu Tao, president and chief executive officer of CSCEC ME.
During the lengthy interview, Tao outlines the group’s current project portfolio and backlog, its approach to novel construction methods, and whether a foray into Saudi Arabia is soon to be on the cards.
“As a good friend and partner of China, Saudi Arabia makes a series of positive policies to attract Chinese companies,” he explains.
“Regardless of the type of project, quantity, [or] contract amount, [Saudi] is considered as the next target market we want to work in. In recent months, [the kingdom] has officially been elevated to an emerging market, which gives us more opportunities to enter the [Saudi] market.”
Current market challenges are also touched upon, with Tao outlining the contractor’s approach in ensuring projects are delivered on-time and on-budget.
Business leaders are regular podcast special guests.
The weekly bulletin has welcomed the likes of Harj Dhaliwal, managing director for the Middle East and India at Los Angeles-based Virgin Hyperloop One; Rizwan Sajan, founder of Dubai-headquartered building giant Danube Group; tech entrepreneur Karim Helal, co-founder and CEO of building portal ProTenders’ and UAE contracting giant ALEC.
To volunteer yourself or a colleague as a guest speaker on Construction Week Viewpoint, please contact Jack Ball.