Middle East construction leaders 2013

12 May 2013

Few industries can match construction for excitement and a sense of achievement

The vision and energy to deliver great projects

From the smallest house extension to the biggest megaproject, construction companies and construction professionals are daily creating and reshaping the world in which we live and are, literally as well as figuratively, laying the foundations for the future. The sector is also the region’s largest employer and wealth creator.

But it is, without question, the most challenging industry to work in. Even the most routine construction scheme raises technical challenges ranging from structural engineering through to project management and site logistics.

From a business perspective, construction seems perpetually locked in a cycle that twists between overheating boom markets that overstretch resources and corporate cash flow, and severe market contractions that destroy profits and shed talent. In an industry that is constantly shifting focus from one type of project, say commercial real estate, to another, such as rail, it is extremely difficult to ensure that the right resources are in the right place at the right time.

Perhaps the biggest challenge of all is managing the key relationship between the client and the construction contractor delivering the scheme. 

When client and contractor are working with the same aims, projects succeed and everybody benefits, while the fallout from projects teams in conflict can run for years, damaging businesses, relationships and ultimately the projects themselves. That is why the construction leaders profiled in this special MEED supplement are so important.

The individuals appearing in MEED’s Construction Leaders 2013 list are the people whose vision and energy enable them not only to navigate the many challenges, but also to thrive and drive the region forwards through their shared desire to deliver great schemes.

This list is not exhaustive; there are currently more than 1,000 companies delivering some $389bn-worth of major projects across the Middle East and North Africa region, and there is no question that many other great construction leaders can be added to the list. However, a detailed analysis of the numbers reveals that almost half the work is being delivered by just 50 firms, less than 5 per cent, while the 25 clients featured in the list account for 41 per cent of the investments.

But the Construction Leaders 2013 list also raises an important question that must be addressed by the people featured this year. Why are there so few women on the list? The construction and engineering sector around the world has long struggled to attract women, but times are changing. Failing to address this issue is a great disservice to construction and to the region as it would deny this vital industry some of the strongest talent the region has to offer.

I hope this Construction Leaders 2013 supplement provides you with information and inspiration that is valuable to you. If you wish to nominate other great construction leaders for the list, please email your suggestions to me at my email address below, along with a 150-word description of their role and achievements.

I look forward to hearing from you.

Richard Thompson
Editorial Director
richard.thompson@meed.com

Profiled contractors by company
ContractorsPerson profiledTitle
ABV Rock GroupSadoun bin Bargash al-SadounPresident
Ahab Construction CompanyHumayun ArvmchyManager
Alexandria Construction CompanyTarek Talaat MoustafaExecutive chairman
Al-Bawani CompanyFakher al-ShawafGeneral executive manager
Al-Jaber GroupFatima Obaid al-JaberChief operating officer
Al-Naboodah Construction GroupGary WellsChief executive officer (CEO)
Al-Rajhi ConstructionHesham Taha MuqbelCEO
Arabian Construction CompanyGhassan MerehbiFounder and chairman
Arab Contractors (Osman Ahmed Osman & Company)Ossama Mohammed el-Husseiny Abdel SalamChairman
ArabtecHoldingHasan Abdullah IsmaikManaging director
BechtelDavid WelchSenior vice-president
Brookfield MultiplexJohn FergusonManaging director
China Railway Construction CorporationMeng FengchaoChairman
China State Construction Engineering Corporation (Middle East)Yu TaoPresident and CEO
Citic Group CorporationChan ZhenmingChairman
Combined Group Contracting CompanyAbdulrahman al-MaroufChairman
Consolidated Contractors Company (CCC)Samer KhouryExecutive vice-president of operations
Drake & Scull InternationalKhaldoun TabariVice-chairman and CEO
Dubai Contracting CompanyAbdallah YabroudiCEO
El-Seif GroupKhaled al-SeifChairman and CEO
Galfar Engineering & ContractingSalim bin Said bin Hamad al-Fannah al-AraimiChairman
Habtoor Leighton Group (HLG)Jose Antonio Lopez-MonisCEO and managing director
Hyundai Engineering & ConstructionJung Soo-HyunPresident and CEO
Khatam Al-Anbia Construction BaseAbadollah AbdollahiCommander
Mohammed Abdulmohsin Al-Kharafi & SonsNasser Mohammed al-KharafiPresident
Musanada (Abu Dhabi General Services Company)Mohamed Rashid Khalifa al-Fahed al-MehairiCEO
Orascom Construction IndustriesNassef SawirisChairman and CEO
Qatari DiarVinci ConstructionYanick GarillionCEO
Samsung EngineeringSteve FludderSenior executive vice-president
Saudi BinladinGroupBakr BinladinChairman
Saudi OgerAyman Rafic HaririVice-chairman and deputy CEO
Shapoorji Pallonji InternationalSteven MillerSenior vice-president of business development
Six Construct (Besix)Philippe DessoyMiddle East general manager
TAV ConstructionYusuf AkcayogluMiddle East director
Profiled clients by company
Project ownerProfileTitle
Abu Dhabi Airports CompanyTony DouglasChief executive officer (CEO)
Agence Nationale des Autoroutes, AlgeriaAmar GhoulPublic works minister
Damac PropertiesHussain SajwaniChairman
Dubai PearlAbdul Majeed al-FahimChairman
Emaar PropertiesMohamed AlabbarChairman
General Presidency for the Holy Mosque and the Prophet’s MosqueSheikh Abdul Rahman al-SudaisMinister
Iraq Ministry of Construction & HousingMohammed DarrajiMinister of construction and housing
Kuwait Municipality (master planning department)Saad al-MuhalibyDirector of master planning deparment
Kuwait Public Works MinistryFadel Safar Ali SafarMinister of public works
Mubadala DevelopmentCompanyKaldoon Khalifa al-MubarakCEO
Oman Transport MinistryAhmed Mohammed Salem al-FutaisiTransport and communications minister
OmranAmmar al-KharusiConstruction manager
Qatar FoundationSheikha Moza bint Nasser al-MissnedChairwoman
Qatar Public Works Authority (Ashghal)Nasser Ali al-MawlawiPresident
Qatari DiarMohammed bin Ali al-HedfaCEO
Rayadah Investment CompanyMohammed bin Abdullah al-KharashiChairman
General Authority For Civil Aviation, Saudi ArabiaFaisal al-SugairVice-president
Saudi Arabia Ministry of HealthAbdullah bin Abdulaziz al-RabeeahMinister of health
Saudi Arabia Ministry of Higher EducationKhalid Mohammed al-AnkaryMinister of higher education
Saudi Arabia Interior MinistryPrince Mohammed bin Nayef bin Abdulaziz al-SaudInterior minister
Saudi Arabia Transport MinistryJubarah bin Eid al-SuraiseriTransport minister
Saudi Arabia National GuardPrince Miteb bin Abdullah bin Abdulaziz al-SaudCommander
Saudi OgerAyman Rafic HaririVice-chairman and deputy CEO
Saudi Railways OrganisationHamad Abdulrahman Alabdul KaderActing president
Shapoorji Pallonji InternationalSteven MillerSenior vice-president of business development
Six Construct (Besix)Philippe DessoyMiddle East general manager
Sorouh Real EstateAbubaker Seddiq al-KhouriManaging director
Special Economic Zone Authority DuqmYahya Kamis Juma al-ZadjaliHead of planning and engineering
TAV ConstructionYusuf AkcayogluMiddle East director
Tehran Urban and Suburban Railway CompanyMohammad MontazeriDeputy managing director
The Arab Contractors (Osman Ahmed Osman & Company)Ossama Mohammed el-Husseiny Abdel SalamChairman
Trac Development GroupHassan MutluPresident for Europe and the Middle East
Source: MEED

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications