Aldar - Parts of Yas ISland on Hold
#31
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: Aldar - Parts of Yas ISland on Hold
well this is ad afterall.
#33
Re: Aldar - Parts of Yas ISland on Hold
well said andyjock.
not sure what you mean there busybee
#34
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: Aldar - Parts of Yas ISland on Hold
not sure what you mean there busybee[/QUOTE]
well yes it looked like you were saying that i worked for ALOR which i dont. but i do know a lot of people working for both companies and obviously they do talk....
well yes it looked like you were saying that i worked for ALOR which i dont. but i do know a lot of people working for both companies and obviously they do talk....
#36
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: Aldar - Parts of Yas ISland on Hold
yes aldar and laingsorourke
#37
Forum Regular
Joined: Dec 2007
Posts: 47
Re: Aldar - Parts of Yas ISland on Hold
Just to add to this, I previously posted regarding this (NOTE: this is entirely speculative as I don't work for Aldar/ALOR and told this by an Aldar employee).
My understanding is that the ALOR JV was set up as a vehicle for being a PMC for Al Raha, when the project got running as I understand it on a cost plus basis (this is speculative, confirmation anyone?), the JV didn't meet the Aldar management "expectations". A second contractor was introduced (Besix) and work was competively tendered. The change of thinking seems to co-incide with a change of high level management in the Aldar organisation.
My understanding is that the ALOR JV was set up as a vehicle for being a PMC for Al Raha, when the project got running as I understand it on a cost plus basis (this is speculative, confirmation anyone?), the JV didn't meet the Aldar management "expectations". A second contractor was introduced (Besix) and work was competively tendered. The change of thinking seems to co-incide with a change of high level management in the Aldar organisation.
AFAIK, the ALOR JV for (parts of?) Al Raha Beach and the Aldar-Besix JV for parts of Yas were established around the same time in 2007, in 2008 a Aldar-Cebarco JV (for race track and maybe others) was established. Apart from that Aldar awarded many Yas jobs (roads, marinas, substations, hotels etc.) directly to various other contractors.
#38
Forum Regular
Joined: Apr 2008
Posts: 87
Re: Aldar - Parts of Yas ISland on Hold
I think you missunderstood something.
AFAIK, the ALOR JV for (parts of?) Al Raha Beach and the Aldar-Besix JV for parts of Yas were established around the same time in 2007, in 2008 a Aldar-Cebarco JV (for race track and maybe others) was established. Apart from that Aldar awarded many Yas jobs (roads, marinas, substations, hotels etc.) directly to various other contractors.
AFAIK, the ALOR JV for (parts of?) Al Raha Beach and the Aldar-Besix JV for parts of Yas were established around the same time in 2007, in 2008 a Aldar-Cebarco JV (for race track and maybe others) was established. Apart from that Aldar awarded many Yas jobs (roads, marinas, substations, hotels etc.) directly to various other contractors.
#39
Re: Aldar - Parts of Yas ISland on Hold
IMHO, they compete by having staff ten times more competent that the rote learned Arabic and South Asian project managers in other organisations. Perhaps though they have "too many" highly paid western expats? This is my serious opinion on many people in the industry here holding responsible positions. Maybe here competency means a bit less than cost though?