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| Weber and Bentley at the KPMG presentation |
Hosted by KPMG Qatar, the seminar discussed the results of the recently released KPMG’s Global Construction Survey 2012.
Held at the Sharq village and spa, the seminar was opened by KPMG Qatar’s partner, Gopal Balasubramaniam, and included a briefing from Ernst Weber, partner and head of building, construction and real estate, Middle East & South Asia; and Tim Bentley, senior manager, major projects advisory, KPMG Qatar.
Weber said the future for the infrastructure industry in Qatar lies in increasing efficiency by optimising costs and streamlining supply chains, identifying competitive advantage, mitigating risk, implementing sustainability and bringing in good corporate governance policies.
“Engineering and construction companies need to work closely with the government, hence bringing better stakeholder management and, increase the scale and depth of services,” Weber added.
Engineering and construction companies are changing to meet the growing demands of infrastructure, with the traditional general engineering providers and contractors giving way to larger, more diversified businesses with
specialised skills.
There has been considerable attention drawn to Qatar’s infrastructure redevelopment programme, where more than $200bn is being invested in infrastructure projects in the next 5-10 years as a lead-up to the FIFA 2022 World Cup and as part of Qatar National Vision 2030. This includes building new sporting facilities, transportation infrastructure, hotels and housing.
Bentley said the level of complexity in infrastructure projects requires strong, integrated focus on suitable delivery strategies, risk and
governance.
The seminar focused on providing insights and best practices on the strategies, risks and governance of infrastructure projects and, drew a road map for success and delivery effectiveness.