സാമ്പത്തീക മാന്ദ്യം കാരണം ബഹ്റയിനിലെ കോണ്ട്രാക്ടിംഗ് കമ്പനികള് ജീവനക്കാരെ വെട്ടിക്കുറക്കാന് നിര്ബന്ദിതമായിരിക്കുന്നു- ബഹ്റയിനിലെ പ്രമുഖ കമ്പനിയായ നാസ്ഗ്രൂപ്പിണ്റ്റെ മാനേജിംഗ് ഡയറക്ടര് സമീര് നാസ് അതേ കുറിച്ച് വിവരിക്കുന്നു.
courtesy: constructionweek Magazine Oct 28, 2009
Speaking exclusively to Construction Week, Nass said the entire industry is being forced to downsize because there is little construction work currently available in the Kingdom.
“There has been a huge slowdown. A lot of ongoing projects are coming to an end, others are slowing down and few projects are coming forward. Things are very difficult for everybody right now.”
He added that cement consumption in Bahrain had recently dropped by 25-30% which indicated a “severe construction slowdown”.
The Nass Group is one of the largest cement manufacturers in Bahrain as well as the biggest contractor in the Kingdom. In April Nass had a workforce of around 12,000, but numbers have since been significantly reduced, he said.
Meanwhile industry insiders claim that two other big local firms are considering suspending their large-scale contracting operations due to a lack of work.
Nass declined to comment but didn’t rule it out.
“When you have a slowdown like this there is always a change of faces with new players coming in and others going out, but I cannot specify names,” he said.
“Contracting is a very volatile business and there is no guarantee of continuity which means that some people will have to reduce their staff until they get a new project.
“We have decided to be more aggressive in the current climate to maintain a certain level of turnover in construction.”
Nass said the company was looking at “a few projects” but would not reveal any details at this stage. He said several government funded infrastructure projects and low cost housing developments would hopefully provide some stimulus to the construction industry in 2010.
The Nass Group includes 34 companies in construction and associated sectors such as manufacturing, trading, marine transport, ship repair, offshore engineering and land reclamation.
“When you have a slowdown like this there is always a change of faces with new players coming in and others going out, but I cannot specify names,” he said.
“Contracting is a very volatile business and there is no guarantee of continuity which means that some people will have to reduce their staff until they get a new project.
“We have decided to be more aggressive in the current climate to maintain a certain level of turnover in construction.”
Nass said the company was looking at “a few projects” but would not reveal any details at this stage. He said several government funded infrastructure projects and low cost housing developments would hopefully provide some stimulus to the construction industry in 2010.
The Nass Group includes 34 companies in construction and associated sectors such as manufacturing, trading, marine transport, ship repair, offshore engineering and land reclamation.
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