Experts to discuss infrastructure challenges
Manama, March 26, 2012
Business leaders from Bahrain will attend a seminar on challenges and complexities of construction and infrastructure industry at the Inter-Continental Regency Bahrain tomorrow.
More than 40 delegates from construction and infrastructure industry will attend the breakfast event, which starts at 8.30am.
It will focus on the results of the recently released KPMG's Global Construction Survey 2012 - The great global infrastructure opportunity, and will discuss challenges and solutions from the perspective of risk management in infrastructure and construction companies.
Participants will hear from Bahrain-based partner and Middle East and South Asia building, construction and real estate head Ernst Weber and KPMG major projects advisory senior manager in Bahrain Tim Bentley.
"Although the sector has invested considerably in risk management in recent years, a number of high-profile project failures globally and in the Middle East, raise questions about the effectiveness of some of the investments," said KPMG managing partner Jamal Fakhro.
"This event brings together experts to discuss challenges of the construction and infrastructure industry in the Middle East from a risk management perspective.
"Engineering and construction companies are changing to meet growing demands of infrastructure, with the traditional general engineering providers and contractors giving way to larger, more diversified businesses with specialised skills," he said.
"The focus is shifting, as the main players seek to optimise costs, streamline supply chains, improve information technology systems, capitalise on emerging markets and grow through mergers and acquisitions," Fakhro added.-TradeArabia News Service