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Date: 18/12/2008

AWCS 2009 to analyze impact of global credit crisis on real estate projects

MEED, the region's premier business intelligence provider and organizers of the Arabian World Construction Summit (AWCS) 2009, has said that the impact of the current global credit crisis on the region's real estate projects will be among the key issues that will come up for discussion during the event. To be held in Abu Dhabi from February 9-11, 2009, the event themed ‘Business Sustainability in a Challenging Market' will see more than 60 experts and over 700 delegates analyzing key issues impacting new industry dynamics.

Edmund O'Sullivan, Chairman, MEED Events, said, "We have lined up an in-depth agenda for the upcoming AWCS 2009 that will include interactive panel discussions on the current economic scenario. AWCS will serve as a distinct networking platform allowing participants to outline an agenda of sustainable growth based on fresh innovative business models."

In the run up to the event, two industry experts, David Mosey and Andrew Greaves from the law firm Trowers & Hamlins, will lead a pre-summit workshop offering detailed overview and insight into the growing role of project partnering in the Gulf. An in-depth discussion on ‘Bridging old divides for predictability, productivity and profitability' will form the highlight of this segment focusing on key areas of resource management, cost certainty, timetable for delivery, risk management and end user satisfaction.