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Naresco
Abdulkarim Abdulla Al Arif, Managing Director of Naresco Contracting LLC
CLIENT’S SATISFACTION THE KEY TO NARESCO’S PHENOMENAL SUCCESS
Insight | HLB HAMT
Abdulkarim Abdulla Al Arif, Managing Director of Naresco Contracting LLC, outlines in detail how the company overcame the issues they encountered during the global COVID-19 crisis, how Naresco has managed to sustain its success over the last four decades – and some of the projects they have in the pipeline over the next 12 months.
Naresco has firmly established itself as one of the most diversified construction companies in the Middle East. However, can you inform our readers what challenges you faced as a direct consequence of the global COVID-19 pandemic? Thanks for the compliment. 2020 had been a challenging year globally due to the COVID-19 pandemic and still reeling the adverse impacts, which were significant all over the world. The initial challenge was to protect our valued workforce from the fear and stress they were going through due
to pandemic and hence, we created a protective environment by conducting the Covid Tests for all our workforce, installed sanitisation tunnel, arranged quarantine facilities for any suspected cases with all provisions, etc. In addition, for all the efforts put in by the UAE Government and their relevant authorities especially DHA, we lend our support by constructing the isolation wards, extension for hospitals, temporary facilities for tests, etc in various locations in Dubai, UAE. Moreover, the direct consequences which we faced and impacted us due
to the pandemic were namely: a.) Freezing of major tender projects by our valuable Clients which were anticipated to tender and commence in the year 2020. b.) Suspension of projects which were in the final stages of award. c.) Huge negotiations on prospective tender projects with reduction on our margins. d.) Work productivity in projects were severely impacted due to all required precautions maintained at project sites and offices to minimise the COVID-19 virus spread as well as
