Oman's construction sector is contending with a host of macroeconomic issues — from payment delays and price wars to consolidation and aggressive business practices — but is there light at the end of the tunnel?
As of March 2019, the country's pipeline of projects was worth $259.6bn — with infrastructure schemes worth more than oil and gas projects that have historically been the growth driver of the economy.
In this episode of Construction Week Viewpoint, Oscar Rousseau and Jack Ball, CW's deputy editor and senior reporter respectively, ask one question: can contractors overcome the acute liquidity crisis and turn the tide on payment delays and challenging economic conditions?