Leaders UAE 2019: ALEC, CSCEC ME, Arada bosses on diversification

EXCLUSIVE: Kez Taylor, Sachin Kerur, Elie Mrad, and Grigoris Christofides share insights at Leaders UAE

L-R: Kerur, Mrad, Taylor, and Christofides at Leaders UAE 2019.
ITP Media Group
L-R: Kerur, Mrad, Taylor, and Christofides at Leaders UAE 2019.

The greatest growth opportunity for the UAE construction sector lies in improving the "basis and foundation" of the sector, it was agreed by a panel moderated by Reed Smith's managing partner, Sachin Kerur, and attended by chief executive officer of ALEC, Kez Taylor; head of architecture and design at Arada, Elie Mrad; and senior vice president at China State Construction Engineering Corporation Middle East (CSCEC ME), Grigoris C Christofides, at the Construction Week: Leaders in Construction Summit UAE 2019, held at Le Meridein Dubai Hotel & Conference Centre on 17 September.

Addressing the audience during the panel titled Potential for Profit – Identifying Diversification, Taylor said training and development of the workforce must be among a construction company's top priorities.

CSCEC ME's Christofides said that companies should find ways in which diversification efforts can be implemented in a way that adds value for both the organisation and the sector. 

The Saudi Arabian market 'cannot be ignored' in the Middle East, CSCEC ME's official said, adding that the China-headquartered firm was also exploring opportunities in Africa. 

Mrad stressed that right team and market research were two elements needed to successfully diversify a business for long-term growth.

The Leaders in Construction Summit UAE 2019 is supported by Gold Sponsors, HFW and Pinsent Masons; Silver Sponsors, Addleshaw Goddard, Exactal, and Al Tamimi & Co; Claims Sponsor, HKA; Legal Sponsor, Reed Smith; Lanyard Sponsor, Bryan Cave Leighton Paisner (BCLP); Intelligence Partner, ProTenders; Training Partner, Royal Institution of Chartered Surveyors; and Exhibitors, Deltek, Construction Computer Software (CCS), Beaver Gulf Group, Facilio, and CCC.

Visit Leaders in Construction UAE Summit's website for more information about the event.

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