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Alec sets up strategic projects and developments division

Alec, a leading construction and related businesses firm, has established a new division that will specialise in alternative engagement models, including design and build, construction management and turnkey developments. ....

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MEED | A new approach to project delivery


With tighter fiscal spending and narrowing liquidity in the GCC, projects market is under increasing pressure to optimise resources and drive more efficiency in the delivery model.
The biggest opportunity to increase project value is to transform the way that projects in the region are procured in order to reduce time and cost overruns.
“We understand that the traditional methods of procuring and delivering projects has not been working as optimally as it should be,” says Raymond Hector, Director – Commercial Contracts, Procurement at Abu Dhabi-based Aldar Properties.
Speaking at the Collaborative Contracting webinar hosted by SNC-Lavalin in partnership with MEED, Hector says that the scale of projects in the region often makes them susceptible to design changes during the construction process. ....

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