‘Cheapest is best’; ‘Lowest price wins’. These are the phrases we associate with construction not just in the GCC but across the world. But there are problems associated with these mindsets.

At the heart of the matter, construction is all about investment in projects and the return on the investment is getting your project delivered on time and on budget, and as long as we have these issues around ‘Cheapest is best’ and ‘Lowest price wins’, we will continue to erode the value of construction.

This edition of MEED Live will look at driving better value in construction. Our panel of industry experts will talk about how we can deliver better construction performance, as well as improve efficiency and productivity in the sector. Source: Mashreq Live Broadcast

https://youtu.be/t7a3FUranQ0