What started out of
necessity because of a lack of domestic construction work has now
become a commercially attractive option.
"The world is huge with so much to offer. It all boils down to each
company's efforts to scout, plan, research, organise and spearhead
the plan," said an official from a company that has worked on jobs
in India and the UAE.
According to
Construction Industry Development Board officials, the UAE has the
most number of jobs to offer and is opening its doors to foreign
participation.
It is believed that out of the 135,000 tower cranes working
worldwide, almost 25,000 of those are in Dubai.
Backed by growing oil profits, the UAE is already home to some of
the superlative projects in the world, including the world's largest
mall (Dubai Mall), tallest building (Burj Dubai), and most expensive
hotel (the 7-star Burj Al Arab Hotel).
LCL Corp Bhd, Malaysia's biggest interior fit-out specialist, has
been in Dubai for almost two years and now has RM300 million worth
of jobs in the Middle East alone.
Another player, Eversendai Corp (M) Sdn Bhd, has completed close to
32 jobs in the Middle East in the last 10 years. It now has over
RM700 million worth of projects in Dubai and Qatar.
"There are a lot of projects coming up in the UAE and Malaysian
companies can bid for the jobs, but they must go in the right way,"
Eversendai group managing director A.K. Nathan said.
One of the upcoming projects in the UAE is a massive hotel complex
of 31 hotels or 29,200 rooms, called the Bawadi Hospitality and
Tourism Development Project. Estimated construction cost is RM100
billion.
Another project in the pipeline is the Jebel Ali International
Airport, which will be 10 times the area of Dubai International
Airport, and as big as London's Heathrow and Chicago's O'Hare
airports combined.
The airport will ultimately have six runways and the capacity to
move 120 million passengers and 12 million tonnes of cargo per year.
LCL Corp group
managing director Low Chin Meng told Business Times that the group
will submit prequali- fication bids for some of the RM100 billion
developments in Dubai and Abu Dhabi.
"We have been invited for some of the contracts and we will go for
it," Low said, adding that LCL has submitted bids for more than
RM100 million worth of jobs in the UAE and close to RM1 billion
worth of tenders in other parts of the Middle East.
An official from IJM Corp Bhd has also indicated the company's
interest to bid for some of these lucrative projects in Dubai, Abu
Dhabi, Bahrain and Qatar.
"We won't simply grab any jobs. We will look at our capacity first.
Even if there is RM1 billion or RM2 billion worth of jobs, we won't
take it if our plate is full," the official added.
