A new report conducted by Ventures ME and issued by dmg events has revealed that construction projects across all building sectors worth $128.46bn are expected to be completed by the end of 2014.
The increase in construction will hit a 92.06% increase from 2013, which will dramatically affect the region’s interiors and fit out industries.
The recent report analyses the building construction as well as the fit out and interiors markets with a main focus on residential, commercial, hospitality, retail, educational and medical in the entire GCC.
The report claimed: “Out of a total market worth $128.46bn, the medical, residential and hospitality sectors will count for over half of the market with shares of 24.43%, 23.34% and 22.64% respectively. The three sectors leading the way will be followed by the commercial (12.51%), educational (5.86%) and retail (1.09%) sectors.”
In the GCC, the hospitality and medical sectors will grow the most, with the value of completed hospitality building projects predicted to leap from $3.68bn to $29.08bn. In the medical sector, the value of completed buildings are also expected to increase from $3.80bn in 2013 to $31.38bn by the end of the year.
Of the GCC countries, the Kingdom of Saudi Arabia is where most of the completed buildings will be, especially for the hospitality, home, commercial and educational projects.
The report noted: “The United Arab Emirates will be at the high end of the rank when looking at the healthcare sector; out of a total market forecasted to value $31.38bn, the UAE will account for $3.13bn—a remarkable difference when compared to the value of completed projects in 2013, $227m.”
The report further claimed that out of an overall estimated market value of $9.57bn, the residential, hospitality and commercial sectors will be the largest spenders with numbers recorded at $3.30bn, $1.94bn and $1.77bn respectively.
The report concluded: “When compared to 2013 figures, the sectors that are expected to register the highest increase will be hospitality, up 133.88% to $1.94bn, and the medical sector that will almost double in value from $304m to $607m.
KSA will rank in the top position when looking at the hospitality ($866m), commercial ($876m) and educational ($350m) sectors. The healthcare and residential sectors will see UAE at the top of the rank with $251m and $1.31bn respectively. Of the total $315m estimated interiors and fit out retail investment, Qatar will be the major spender with $117m.”
Tell us about ISG. ISG Plc is an international, award-winning construction services company delivering fit out, construction, engineering services and specialist solutions, operating in 28 countries worldwide. The company works with owners, developers and occupiers in the public and private sector for an extensive range of industries. ISG Plc was established in 1989 and has been quoted on AIM since 1998. Today the company has a turnover of around $2.1 billion.
ISG Middle East was established in 2008 and soon after received the Contractor of the Year Award at the 2011 and 2013 Commercial Interior Design Awards. ISG Plc has recently won a coveted Queen’s Award for Enterprise, the UK’s most prestigious business accolade for International Trade, in recognition of the company’s sustained success in global markets.
What recent projects have you been involved in? We are increasingly active in the hospitality sector having completed the spa at the Ritz Carlton Abu Dhabi, Grand Canal and recently started working on the complete refurbishment of the Kempinski Mall of the Emirates hotel.
This was one of the largest hospitality jobs to be awarded in the UAE this year, so naturally we are excited to be involved, working alongside an extremely well-respected consortium of specialist consultants.
What challenges have they presented? The sheer scale and complexity of the Kempinski Mall of the Emirates hotel refurbishment job is truly challenging. Also, the logistics of working within a live hospitality environment since the hotel will remain open to the public throughout the refurbishment period comes with a series of risks which will be carefully mitigated as we plan the programme.
For Ritz Carlton Abu Dhabi, Grand Canal spa, the main challenges were related to the tight fit out programme as the hotel was already operational when ISG mobilised to the spa site, which is a standalone detached building.
The hotel owners and operators did not want the spa to miss the busy winter holiday season so we had to work extremely hard to deliver the project in four and a half months, instead of the initially planned six months programme.
What has been your most exciting project to date? The Kempinski Mall of the Emirates hotel contract is the most exciting and challenging refurbishment project we have been involved with, probably since completing the Sheikh Zayed National Stadium for Mubadala!
The Kempinski is an exceptional project and helps establish ISG capacity and capability for the larger projects within the UAE hospitality sector. This is exactly how we planned and intended to expand our regional business and we are pleased that such opportunities are now coming the way of ISG.
What trends do you see coming through with these recent projects? Within the hospitality sector, we are seeing a lot of new movement within the UAE market in particular. The number of new hotels being planned and tendered has escalated very quickly, however there is also increasing demand for refurbishment of the established hotel stock, mostly looking to modernise and upgrade the specification of their existing facilities.
The other trend is for change of use within developments from office or even residential, to hotel or serviced hotel apartments. This is clearly driven by the rising room and occupancy rates in Dubai, as well as the forecast demand linked to tourism growth projections ahead of Expo 2020.
For ISG being a key player in the Middle East hospitality fit out sector simply sees us following the path of our parent company ISG Plc, which is the company behind fit outs on many of the world’s most iconic hotels, such as InterContinental Westminster Hotel and Savoy Hotel London, Marina Bay Sands Resort Singapore and the Shangri-La Hotel Kuala Lumpur.
Where do we find you? We are always located close to our clients. In Dubai, we are based in Sama Tower at the WTC end of Sheikh Zayed Road, and in Abu Dhabi at Sowwah Square, Tower 3, Al Maqam Tower. We also have ISG offices in Cairo, Egypt and Doha, Qatar.
Information about our work in the region and across the globe can be found on our website www.isgplc.com
Tell us about your company Established over 35 years ago, AW Rostamani Building Industries is part of the highly regarded AW Rostamani Group, providing interior fit-out services to regional and international blue chip clients.
We are an award winning interior fit out services provider which self-delivers over 80% of its trades. These include MEP, Gypsum, and specialist ceiling works and flooring. Our core sectors in which we work in are hospitality and leisure, commercial, office and education. Currently AWR BI employs over 550 staff.
The success of our company is a result of “never compromising on quality” from our workforce, supply chain partners and sister companies through to our management systems and processes.
What projects have you been involved in? We have been involved in a number of big projects around the region. These projects include: Armani Hotel, Meydan, Al Bustan Novotel, Dubai Mall, Dubai Metro, IPIC, Ibis Hotel, DIFC, Capital Tower, 21st Century Tower, HSBC, Emirates GE, Herbert Smith, Merril Lynch, Ashurst and JP Morgan.
What challenges did they present? Each project is always different and therefore presents different challenges, whether it be technical, logistical or financial.
This is why our workforce is backed by a substantial team of highly-qualified architects and civil, mechanical and electrical engineers, as well as a number of experienced project managers. This ensures every project we undertake is handled with complete professionalism, ownership, responsibility and of course, the highest levels of commitment towards our clients’ interests.
What’s new at AW Rostamani? Recently in order to further strengthen our in – house delivery capability AW Rostamani has partnered with a well-known joinery firm to ensure quality and continuity for our clients.
Where do we find you? AW Rostamani Building Industries operates in Abu Dhabi, Dubai and the Northern Emirates. Please contact: Roger Clement, head of pre-contracts, AWR Building Industries. P.O. Box: 282427, Dubai, United Arab Emirates.
TEL: (Dubai) +971-4-3475119, (Abu Dhabi) +971-2-6450899 FAX: (Dubai) +971-4-3471432, (Abu Dhabi)+971-2-6452328 Mob: +971-56-6864949 Email: Roger.Clement@awrostamani.com. Web: www.AWRostamani.com.
Tell us about your company? Al Noon Interior Design LLC is a bespoke joinery company that provides custom furniture and fit out solutions. We are a warehouse of creativity, craftsmanship, resources and innovative solutions, bringing traditional skills and modern machine techniques to create unique joinery products that fit our clients’ specific needs and aesthetics.
What are your recent projects? We have worked on a wide variety of projects both independently and through contractors and consultants. However, our most recent project is the Moti Mahal Deluxe restaurant in R.A.K, where we have executed the complete woodwork. We have designed office for Sea Bed Geo Solutions in JLT, Designed & executed office fit out for Al Ghada Trading in Al Muraqabat. We are currently working on the ornamental woodwork for the Royal Palace of Oman.
What sets you apart? Al Noon operates on a very simple motto: Interpretation before application. For us, woodworking and joinery are a holistic enterprise; we try to enter into the mind of our clients to create complete joinery solutions that don’t just match their aesthetic, but that fit the way they think. This holistic approach allows us to think not just of the visual design, but also of how our processes and materials support that design for long-lasting, functional and beautiful woodwork and furniture that are coherent inside and out.
What’s new at Al Noon? In the spirit of holistic connected design, we have branched out into our own furniture designs, using waste materials from previous projects to create stylish, organic new pieces. These one-of-a-kind pieces don’t just create a unique and eye-catching aesthetic in a space, they connect each of our new projects with the last, representing our philosophy of growth and learning from design to design.
Where do we find you? Our office and factory is located at: Al Ittihad Road, Show room No: 1 Galadari Engineering Works, Abu Hail, Dubai, PO Box 96840 Mob: +971 529957522 Tel: +971 4 2651784 Fax: +971 4 2653796 www.alnoondesign.com
Tell us about your company? With over 40 years’ experience SAS International is a manufacturer of high performance interior fit out products including acoustic performing metal ceiling systems as well as architectural metalwork solutions.
SAS International’s involvement right at the design stage means we can best meet demands that legislation may place on a building, provide ease of buildability in the construction process, and consider ongoing maintenance requirements from the outset.
What new projects have you been involved in? From commercial, education and healthcare projects to large scale infrastructure and transportation hubs, the sustainable and practical solutions SAS International delivers provide considerable benefits and savings whilst exceeding design briefs.
SAS International has supplied many commercial office fit out projects in the region including the International Tower, Abu Dhabi; Dubai Electricity & Water Authority office building (DEWA) and the Abu Dhabi Investment Council Headquarters.
What challenges do your projects present? Design and integration of the fit out needs to be durable, easy to maintain and flexible. Balancing aesthetics with high quality materials is key.
In a rented office, with varying lengths of leases, there will be different numbers of people using the space over the years. Therefore considering how for example partitioning can integrate with ceiling systems to cater for future change is crucial.
It is important that buildings are future-proofed. It is not just about the upkeep of the interior that should be considered at the design stage. It is also about making sure space is flexible for future change to provide long-term value. This means careful selection of material choice.
What’s new with SAS? SAS International is due to launch new products this year for the commercial interior market.
Where do we find you? SAS International Office No. 1, Sun & Sands Building Dubai Investment Park 2 Dubai, P.O. Box 450575 United Arab Emirates T: +971 (0)4 8855 545 W: www.sasint.ae
Tell us about your company? Since inception in 1986, Bond Interiors is dedicated to the highest quality in interior contracting, fit out and FF&E supplies. Operating from offices in Dubai, Sharjah and Abu Dhabi, Bond Interiors has JV arrangements in several GCC and Asian countries.
With over 200,000 ft2 of manufacturing space and 1800 employees, Bond Interiors is known for workmanship of unsurpassable quality and punctuality in delivery. The firm’s versatility is showcased with high-end projects across market sectors of hospitality, healthcare, F&B, banks, corporate offices, as well as retail.
Over the years, Bond has expanded its workforce and management expertise to meet the increased workload, incorporated the latest technology and machinery in manufacturing, followed environmental practices as required and kept up with statutory regulations.
As a ‘quality company built by quality people,’ Bond Interiors draws its strength from a human resource pool of highly qualified personnel comprising of over 100 professionals, 200 technical and office staff and 1500 skilled & unskilled labor.
Tell us about your recent projects? In the hospitality sector, we’ve worked on Palazzo Versace, Dubai and the Sheraton Dubai Creek Hotel and Tower, Dubai. For the corporate sector, we have Sacoor Offices, Dubai and Xodus Office, Dubai.
In the healthcare sector, we’ve delivered Zulekha Hospital, Sharjah and the Prime Hospital, Dubai. We also have projects in the banking, retail and F&B sectors which include Abu Dhabi Commercial Bank, Dubai; Vince Camuto, Dubai and Godiva- Sowwah Square, Abu Dhabi.
What sets you apart from competition? Four qualities set us apart: experience, quality, on time delivery and in-house manufacturing. Almost three decades of experience in the field of interior contracting and fit-out is undoubtedly one of Bond’s strong points.
Our expertise in interiors gives us a huge advantage in translating complicated design concepts into timeless interiors. At the same time, the cornerstone of our business is the strong relationship we have built with our clients and the reason our clients keep coming back time after time, is because each project undertaken by Bond is given the same individual attention to provide superior quality that we are renowned for.
Having successfully handed over high-end projects that are strictly governed by budget and time constraints, Bond has consistently risen above the norms by handing over projects ahead of schedule; the recent one being the handing over of 270 guest bedrooms at the Sheraton Dubai Creek Hotel & Towers.
And lastly, on schedule project hand over is largely due to our in-house production facilities for joinery, architectural metal works, solid surface, glass, MEP, civil works, facilities management and signage. Having these resources in-house gives us better control over quality, time and budget.
Where do we find you? We are accessible on our website www.bondinteriors.com. We are on all social media sites such as LinkedIn, Facebook, Twitter, Instagram, Pinterest and YouTube.
Fore more information, the contact address of our head office is: P.O. Box 15758, Dubai UAE Tel: +9714 2711727 Fax: +9714 2713797 Email: email@example.com
ALEC FITOUT Tell us about your company? ALEC FITOUT is a part of Al Jaber Engineering and Contracting (ALEC) L.L.C. We specialise in the fit out and refurbishment of 5-star hotel and resorts, airports, leisure, commercial, retail and luxury mixed-use developments in the UAE, Qatar and Oman. You can find more information on our website at www.alecfitout.ae.
What are your recent projects? Current and recently completed projects by sector include: The Sofitel Hotel Dubai, where we are completing fit out and FF&E for the entire hotel covering 35,000m2, including all guest rooms, public areas, spa, ballroom and meeting rooms; the VIDA Hotel, Dubai, which saw the refurbishment and rebranding for the new hotel including 147 rooms and 10 suites, three new restaurants and external works, installation of new glass façade, landscaping works and renovation of swimming pool areas; the Hamad International Airport CP110, where we are completing the retail and F&B fit out package covering 23,000m2 in joint venture with QIT IMAR.
We’re also busy at Muscat International Airport (MC2 Fit Out Package) and we’re currently executing the ADNOC Headquarters Office fit out package, which covers over 55 floors (98,000m2). Finally, we just completed REEL Cinema (The Beach), where we design built fit out including MEP and FF&E of the 10 screen cinema at JBR, Dubai.
What sets you apart? We have the capability, resource and experience to execute complete fit out and refurbishment solutions with a scope including fit out, specialist finishes, MEP and FF&E all under one contract with a firm commitment to high quality and timely delivery. Our proactive management approach ensures project stakeholders work together ensuring successful delivery of the project.
We can provide a variety of solutions tailored to the client’s expectation and budget. With our strong value engineering experience we can ensure value for money without impacting the quality of finish.
What’s new at ALEC FITOUT? We are growing our geographic area of operation and now have regional offices established in Oman and Qatar. Currently our teams are executing a variety of projects in Muscat and Doha, whilst also consolidating our strong presence in Dubai and Abu Dhabi markets.
Where do we find you? We have offices located in Dubai, Abu Dhabi, Muscat and Doha. For more information, visit our website at www.alecfitout.ae.
Tell us about your company? Finasi is an Italian company based in Dubai since 2007. We employ over 50 people, including architects, interior designers, shop drawers, 3D specialists, engineers, specialised carpenters and experienced managers.
Finasi is the partner and exclusive distributor in the UAE of numerous high-end furniture names including Molteni & C, Dada, Citterio, Gandia Blasco, Varaschin, Armani/Casa, Colombini and Artemide, amongst others.
Finasi has established itself as trustworthy fit-out provider and is specialised in custom-made loose furniture (FF&E), joinery work (supply and installation of kitchen, vanities, wardrobes etc.), semi fixed features and engineered flooring. We offer a comprehensive and turn-key service starting from initial concept design, through fit-out works, finishing and supply of furniture.
What are your recent projects? The most recent projects include the supply of outdoor furniture for the Zeta Lounge in The Address Downtown, the renovation and fit out and furniture supply of prominent villas in Emirates Hills and Palm Jumeirah and the complete furnishing of the Meraas headquarters. Our approach is client-centric and focuses around personalised and tailor-made service.
How does it compare to previous projects? There is no comparison between our projects since each is treated as individual and unique; we always strive to supersede client expectations.
What sets you apart? Our dedication to excellence, commitment to quality, and the fine craftsmanship of our team.
What’s new at Finasi? We are expanding our team and a new COO and General Manager have recently joined. Internal procedures have also been restructured to maximize efficiency in accordance with international auditors and we are continuously upgrading internal dialogue systems.
Where do we find you? Our showroom is located on Al Ittihad Road, Deira in Dubai. Tel: +971 4 2971777 Web: www.finasi.ae
Al Futtaim Interiors
Tell us about your company? Al-Futtaim Interiors is a member of the Al-Futtaim Group, which is one of the largest privately owned business houses in the Gulf region.
Al-Futtaim Interiors is in the business of empowering our clients by creating inspirational work places and environments that people want to belong to.
We do this by providing customised office fit out work, office furnishings and filing, as well as installations.
Blending authentic thinking with stimulating office creativity, Al-Futtaim Interiors delivers engaging workplaces that inspire great work. We are constantly looking to do things better and are always thinking of new and different ways to approach each project to translate our client’s vision into a more prosperous working environment.
Tell us about some of your recent projects? Recent projects include the interior fit out for DEWA, interior works inside a “live” studio for MBC, build up for ADNOC, and mobile shelving in oil field for Daewoo Engineering, SK Engineering and Samsung Engineering.
How does they compare to previous projects? Our recent projects have been structural and geographical projects with challenging site conditions.
What sets you apart from competition? We design customised office spaces with the right balance of comfort and functionality that people want to belong to, and that inspires great work.
What’s new at Al Futtaim Interiors? We have recently expanded within our project and design teams.
Where do we find you? Customers can follow us on Twitter at twitter.com/InteriorsAF, or by other means such as emailing us at firstname.lastname@example.org.
For more information, please visit our website: www.alfuttaiminteriors.com.