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Projects & Construction | Challenges facing the Middle East construction industry: price escalation
Price escalation is a widespread concern amongst many contractors in the region. The price of steel has increased globally, shipping costs are five times higher than pre-COVID-19 levels and containers are becoming increasingly harder to source.
In this episode, Alexa Hall and Richard Harding QC explore the potential options available to contractors operating in the UAE to recover their additional costs.
In this episode, Alexa Hall and Richard Harding QC explore the potential options available to contractors operating in the UAE to recover their additional costs.
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By Clyde & CoPrice escalation is a widespread concern amongst many contractors in the region. The price of steel has increased globally, shipping costs are five times higher than pre-COVID-19 levels and containers are becoming increasingly harder to source.
In this episode, Alexa Hall and Richard Harding QC explore the potential options available to contractors operating in the UAE to recover their additional costs.
In this episode, Alexa Hall and Richard Harding QC explore the potential options available to contractors operating in the UAE to recover their additional costs.
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