23 March 2012
DOHA: KPMG will bring together business leaders from across Qatar to discuss the challenges and complexities in construction and infrastructure industry.

More than 40 delegates from construction and infrastructure industry will attend the seminar, which will be held at the Sharq Village and Spa in Doha on Monday, March 26.

The seminar will focus on the results of the recently released KPMG's Global Construction Survey 2012 - The great global infrastructure opportunity, and will also discuss the challenges and solutions from the perspective of, risk management in infrastructure and construction companies.

Attendees will hear from Ernst Weber, Partner, Head of Building, Construction and Real Estate, Middle East & South Asia and Tim Bentley, Senior Manager, Major Projects Advisory, KPMG in Qatar.

KPMG Qatar's Partner, Gopal Balasubramanian, said: "Although the sector has invested considerably in risk management in recent years, a number of high profile project failures globally as well as in the Middle East, raises questions about the effectiveness of some of the investments."

"This event brings together industry experts to discuss challenges of the construction and infrastructure industry in the Middle East from a risk management perspective," said Gopal.

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 specialized skills. The focus is shifting  as the main players seek to optimize costs, streamline supply chains, improve information technology systems (IT), capitalize on emerging markets, and grow through mergers and acquisitions.

Ernst Weber, said, the recent global construction industry survey indicate that the need for infrastructure is at an all-time high. The future for the infrastructure industry in the region lies in optimizing costs, streamlining supply chains, improving IT systems and grows through mergers and acquisitions.

"We are delighted that the seminar is attracting positive attention and, look forward to meaningful and informative discussion," said  Weber.

© The Peninsula 2012