Why collaboration is king in UAE’s construction sector

Why collaboration is king in UAE’s construction sector

The Covid-19 pandemic has hit the construction industry particularly hard. Companies I speak to every day say they're “living on the breadline” just to stay afloat. Sadly, it's inevitable a good few won't survive. The collapse of Arabtec this month – hitherto the UAE's largest contractor – is a stark reminder that no enterprise is too big to fail.

So, what are the ways in which companies can navigate these unprecedented times? Unfortunately, it's a reality that few sectors are willing to collaborate to develop or share ideas for fear of being “one-upped” in a highly competitive market – especially in the construction industry where so few projects are being put out to tender just now. But in an extremely tough climate, where firms are fighting for scraps in a race