World  Business and Economic Analysis 

 

After facing a challenging few years, the construction industry is now on the brink of a significant growth spurt, with Glenigan’s latest construction forecast projecting that the sector will grow by 14 per cent in 2024. This growth, however, comes with a new set of challenges that construction firms will have to navigate:

Increased market players: As the sector grows, more companies enter the market to capitalise on the opportunities. This heightened competition means that construction firms will need to do more to stand out.
Increased stakeholder expectations: With competition high, clients will expect more from main contractors – streamlined processes, increased productivity and better outcomes from the get-go.
Regulatory changes: Growth often prompts governments to introduce new regulations. Companies must be prepared for change and be able to adapt to remain compliant and competitive.
Innovation and technology: Growth sectors frequently witness rapid technological advancements and innovation. To stay relevant and competitive, companies must keep pace with these changes. While many construction firms are still relying on spreadsheet trackers to manage their projects and track progress, the truth is that spreadsheet trackers are ill-equipped to support the industry’s next phase of growth.
Why spreadsheet trackers can’t support the industry’s next phase of growth
For an extended period, spreadsheet trackers have been inadequate for managing and controlling large and complex construction projects, but the industry’s growth will only expose the limitations of spreadsheet trackers further.

Spreadsheet trackers are limited: Managing projects with spreadsheet trackers makes it nearly impossible to monitor every aspect with a high level of control, let alone manage multiple aspects simultaneously. Moreover, it becomes difficult to attach additional evidence like photographs or documents to specific activities.
Spreadsheet trackers hinder collaboration: Research indicates that more than 88 per cent of spreadsheet trackers contain errors. This is especially true when used collaboratively, as challenges around version control can lead to confusion around what is true. Furthermore, spreadsheet trackers often hinder teams from accessing the correct information when needed, which can lead to outdated, unreliable insights.
Spreadsheet trackers are disconnected from the site: Relying on spreadsheet trackers means progress-tracking is done reactively, away from the site once work has already been completed. This often leads to a duplication of work, which wastes valuable time.
Spreadsheet trackers hinder productivity: Working with spreadsheet trackers means spending a significant amount of time on manual, repetitive tasks and chasing information. A staggering 40 per cent of workers spend at least a quarter of their working week on manual data collection and entry. Moreover, on a typical residential project with 500 apartment units, teams expend 1,500 hours per month on progress and task management, which cripples productivity.

Source:

https://www.constructionnews.co.uk/

 

Imtiaz Developments, a prominent real estate developer known for its boutique and innovative projects, has appointed the National Engineering Bureau (NEB), a leading engineering firm with over 39 years of experience, for an upcoming residential community project in Dubai Land Residential Complex.   

Source:

https://www.constructionweekonline.com/

 

 

We as world business Year Investment and Finance Advisory has Mandate with GCC governments to structuring deal to construct 4 million units mass housing apartment .It is mentioned that it is humanitarian and exempted from any sanctions.

Sovereign guarantee and off-taker agreement will be provided by government and related ministry.


Please send us your proposal along with your contact details for cooperation.

 


1.Scope of work


The government plans to economically produce 4 million housing units in line with the commitment it has given to the people.


Also, there are many banks and government institutions that own government land and can provide the required land and the required permits, and instead entrust the design, construction and financing to insurance companies.


Government Concession:


Land and license

 

 


2.Government guarantees:


 Issuing Sovereign Guarantee by the Ministry of Economic Affairs and Finance to guarantee the principal and profit of finance


 The guarantee of the Ministry of Housing and Urban Development for the guaranteed purchase of one million housing units after construction

 


Amount of required capital or loan:


80 billion dollars


Construction cost per meter:


$250 per square meter


Desired units: 50 to 80 meters


Internal rate of return: 35%

 


Settlement methods for investors:

 


 Purchase of residential units by the government


 Buying residential units by people in cash


 Overselling residential units after 20% physical improvement


 Rental of residential units by buyers

 


Investment benefits:


Tax exemption for investors

 


Conditions of insurers:

 


 Having relevant experiences for mass housing construction in different countries


 Insurers, if they wish, can take over the insurance in the form of a syndicate with the cooperation of domestic and international insurers.


The construction company should provide a comprehensive solution that includes


● Design


● Build


● Finance


● and construction services to build property.


The construction company will be responsible for


● site preparation


● foundation work


● construction of the building shell


● and interior buildout


● all electrical, plumbing


● HVAC


● and fire protection systems.


Finally, the construction company should also provide


● landscaping and landscaping services, including paving, fencing, and any necessary retaining walls.

 

 


Please forward two copies of your completed proposal in PDF form, electronically to   This email address is being protected from spambots. You need JavaScript enabled to view it.

 

کتاب عملیات بانکی در عرصه بین الملل -سرفصل ها،ضمائم ،توصیه صاحب‏نظران ارزی و مدیران ارشد بانکی

Investment Consulting &Project Finance

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