Driver Trett's country manager, Anthony Crowley, offers his assessment of the Kuwaiti construction market…
CW: What do you think are the main challenges facing the Kuwaiti construction industry?
Anthony Crowley: The main challenges are public-private partnership (PPP) projects, integrated transport policy, skilled resources, cash flow, and losses on major projects.
CW: What most excites you about the Kuwaiti construction industry?
AC: The scale of change, the number of project sectors, and the variety of work. Public contracts are well documented and put together, even though the conditions can be onerous.
Also, larger projects seem to be dominated by international contractors or joint venture (JV) companies. There is an inability among contractors to complete on time and, from Driver Trett’s perspective, this is good business.
CW: What topics are you looking forward to discussing at CW: Leaders Kuwait 2017?
AC: I’m looking forward to addressing the future prospects of Kuwait; the oil price; arbitration, or the lack of any alternative dispute resolution; PPP and how this model can be adopted in the future; the availability of labour and the problems involved in bringing labourers into Kuwait; and matters relating to productivity and on-time completion.
CW: What news can we expect from Driver Trett in 2017/18?
AC: During this period, we intend to register the business entity and formally open the Kuwait office. A date will be set for our launch event in due course.
Driver Trett will also work to support the Royal Institution of Chartered Surveyors’ (RICS) seminars, local and international lawyers, and claims clinics.