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FINANCIAL NEWS
Qatar takes huge step in construction industry
25 Oct 2015
(MENAFN) Qatar’s construction industry is mainly concerned by the Ineffective and unbalanced contracts, which leads to negative consequences on employers due to delays and cost overruns.
Additionally, the standard of contracts within the construction industry needs to be improved. They are the key causes of delays, disputes and ultimately, higher and unforeseen costs, as authorities explain it.
ASTAD, a top Project Management company, is leading and overseeing an initiative to change the ineffective contractual culture in Qatar’s construction industry and across the region.
Moreover, experts within ASTAD are making use of their experience managing and delivering main complex and iconic projects to work on a set of contract templates that are balanced, fair and flexible.
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