In an article for MEED | Middle East Economic DigestJihad Joseph Bsaibes, CEO of AMANA Contracting Group, reveals the significance of material price fluctuations on the industry.

COVID-19 has had a significant impact on supply chains in the Middle East, affecting project delivery timelines. As the construction industry grapples with higher costs, consensual project adjustments are key to addressing stakeholder interests. Late last year, there was a sudden increase in the freight charges of imported building materials, making it difficult for developers and contractors in the UAE.

AMANA, in business since 1993, have braved many cyclical downturns and understand that value is created through transparency and innovation. Proper planning and aggressive technological shifts — such as adoption of modular construction techniques — to reduce material and labour requirements is the best way forward.

To read the article, visit the link below
https://lnkd.in/djbmXTZe