BROADCAST 2: Financier’s point of view

The quality of the construction process affects financiers significantly, says Zain Qureshi, managing director, head of real estate finance and advisory at Mashreq. “What we are seeing in the construction industry, and what we are seeing for some time, which is fairly alarming, is ‘faster and cheaper’. The long-term sustainability of projects is not being considered … and that comes to harm us [financiers] when we go ahead and lend to developers.”

Source: Mashreq Live Broadcast