Down from number 16 last year, Elias retains his place on the Power 100 for perseverance, he’s an example of finding positives from the negatives of the downturn.
Since 2005 Andrew Elias has led Australian company Kele Contracting through the process of setting up shop in Dubai, then being hit by the world-wide recession.
But it meant Kele has moved to other regions to continue isuccessfully in the region.
Late last year he told Construction Week: “I think our major achievement would definitely be surviving the financial crisis that hit in 2007-2008, a credit to all companies who are still operating business as usual, almost five years on. A further achievement for Kele during this initial stage was in fact the successful completion of the six residential towers at Dubai Marina.”
He sees the downturn as positive, helping his company look to other Middle Eastern countries for construction work.
“Our expansion included countries such as KSA, Lebanon, and Qatar; and we currently have projects in KSA and Lebanon. It is clear to me that the bulk of our future work will be coming from Saudi Arabia as the market booms.