BROADCAST 2: Bank perspective on contractor taking on risk


If a design-and-build contractor comes up to a bank and asks for more investment because they’re taking on more risk, I would be more comfortable with it, says Zain Qureshi, managing director, head of real estate finance and advisory at Mashreq. “The reason why I am more comfortable with it is because the level of responsibility the contractor takes on is far higher, hence the level of involvement is far higher; the proactiveness of managing the project within the cost estimates is far better.”

Source: Mashreq Live Broadcast 

28 February, 2018 | MEED