It is well known that, along with China, the UAE (Dubai and Abu Dhabi in particular) currently have the world's most active construction industries. Most major international construction industry consultancies have or are establishing operations in the UAE. However, as the regulation of construction industry participants in the UAE becomes more complex, the need for competent advice from legal consultants who understand how the construction industry works becomes more important.
While the construction industry has traditionally used FIDIC and RIBA based contracts as the normal means of project delivery, the growing sophistication of the UAE construction market means that these traditional contract forms may no longer be adequate to cope with the ever increasing complexity of the Middle East's huge construction projects.
Increasingly, owners, consultants, contractors and subcontractors are looking for more innovative and cost efficient forms of project delivery. In addition, the phenomenal growth of the construction industry in the UAE also brings with it many pitfalls and challenges.
At Lutfi & Co we are able to help construction industry participants to meet these challenges. With our legal consultant's specialized knowledge and experience, we can assist construction industry participants to establish operations in the UAE
Through our international connections, we can draw upon the resources and skills necessary to advise on and prepare the innovative project structuring models that are more in demand in the UAE. In this way, Lutfi & Co can deliver a seamless and integrated approach to construction industry participants to meet the challenges of the rapidly evolving UAE construction market.
The team at Lutfi and Co advises on the following aspects:
We have assisted some of the most prominent property developers and contractors in the UAE who have undertaken major industrial, commercial and residential projects. Our extensive experience in this area and our knowledge of the property sector ensure our clients receive expert advice.