2020 CW Power 100: ALEC’s Kez Taylor at number two
The UAE contractor's leader drops down into second place of the 2020 CW Power 100 list
ALEC’s Kez Taylor drops down into second place for the first time in three years.
Despite dropping down into second place, ALEC still had an incredibly successful year and has many exciting initiatives and developments coming up that are currently being kept under wraps.
In term of projects, the business has a current pipeline in excess of $2.7bn (AED 10bn) comprising the expansion of Al Maktoum International Airport (Dubai Airports Engineering Projects) and works on Expo 2020 Dubai’s Mobility Pavilion, Conference & Exhibition Centre (Dubai World Trade Centre), and Saudi Arabia Pavilion, amongst others.
The firm also opened its Saudi Arabia office and has plans to expand outside of the GCC for the first time.
The UAE contractor is also focusing on the real estate sector as it set up a new division focusing on local housing to break in a new important sector for UAE and the Emirati population.
ALEC also successfully set up its new Enterprise Resource Planning (ERP) system, which they described as a “stepping stone” for its digital transformation.
As many firms have felt the pinch of COVID-19, ALEC said that it expects its revenues to hit $1.08bn (AED 4bn) for 2020.
To view the full 2020 Construction Week Power 100 ranking, then click here.