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Dubai, United Arab Emirates - DAMAC Properties is taking its project tendering online with professional e-tendering platform ProTenders.com, in a three-year agreement. ProTenders was specifically chosen in order to streamline DAMAC Properties’ tendering activities, allowing them to manage multiple tenders in real-time using its unique cloud-based technology.
Mr Karim Helal, CEO and Founder of ProTenders commented “We are delighted to have the opportunity to work with a leading developer such as DAMAC Properties and providing them with the platform, knowledge and support they need to complete such a big undertaking.”
Commenting on the agreement, Mohammed Tahaineh, Senior Vice President - Commercial, at DAMAC Properties commented: “With over 2,000 companies on our supplier list, ProTenders' dynamic company and tender reports enable us to quickly compare bids and make the right choice by easily identifying variations and drilling down into specific categories. The platform allows faster decision-making as we are able to manage tenders in real-time, resulting in reduced tender cycle times.”
The platform has a repository able to handle any scope, from a single project to a whole city, and has been built from the ground up for the construction industry, enabling developers, consultants and contractors to easily work together in a secure and user-friendly environment. It centralises all activities, documents, bids and communications in a single source, which is available 24/7 online and accessible from anywhere by simply logging in.
Mr. Helal added “Our award winning platform has so far proven to be a huge success with other developers in the region, as it has been used to manage over $20 billion worth of bids across more than 1000 tenders ranging from building renovations to $300M infrastructure projects. The fact that we take care of the on-boarding, training and support for all parties involved makes this a seamless transition for our clients, their partners and suppliers. We've also been seeing a massive growth over the last few months as we've introduced our Project Intelligence & Company Profiles modules, with hundreds of Suppliers, Contractors & Consultants signing up ever month to expand their businesses and mitigate the risks of the market.”
After an extensive testing phase, the DAMAC Properties platform is now live, and has already successfully progressed/processed over 100 tenders during its soft launch period.
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About ProTenders
ProTenders.com is a leading award-winning Construction Intelligence & Tendering platform, enabling thousands of Developers, Consultants, Contractors and Suppliers to reduce risk, showcase their companies, and find new leads and partners, securely and efficiently.
A home-grown brand established in 2009 in Dubai, ProTenders.com is designed to remove barriers in the construction industry and facilitate efficient, open collaboration between companies.
The figures speak for themselves:
● $20B in processed bids, 10,000 projects
● 15,000 companies
● Recipient of multiple awards, including the best eCommerce solution by the UN Sponsored WSA Awards.
Whether companies are looking for ways to grow their construction business, expand to new markets, find new products and partners, or streamline their tendering process, ProTenders.com is the only platform they'll need.
Find out more: https://protenders.com/
And on Facebook: https://www.facebook.com/protendersinc/
About DAMAC Properties
DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company’s footprint now extends across the Middle East with projects in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.
As of 31st December 2016, DAMAC Properties has delivered approximately 17,900 homes. The company has a development portfolio of over 44,000 units at various stages of progress and planning, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.
For further information and/or interview requests please contact:
BRAVE Communications Agency
Ms Flo Janin
+ 971 50 912 7922
f.janin@brave-agency.com
© Press Release 2017
