{"id":48208,"date":"2017-03-16T01:31:40","date_gmt":"2017-03-15T18:31:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=48208"},"modified":"2017-03-15T22:43:14","modified_gmt":"2017-03-15T15:43:14","slug":"vision-of-the-future-in-uae-construction","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vision-of-the-future-in-uae-construction\/","title":{"rendered":"Vision of the future in UAE construction"},"content":{"rendered":"


\nDubai-based Ducon Industries’ Mohammed Al Farhan may have lost his ability to haggle during his extended stint in the United Kingdom, but he took a lot away from his experience of living in the country.And for someone whose doctorate was in block factory management, this inevitably brought him into contact with British builders’ merchants – distributors of common lines of building materials including blocks, paving, sand and cement, sold either directly to building companies or to individual tradesmen.Although there clearly are already successful builders’ merchants in the region (Rizwan Sajan’s Danube Group being among the most high-profile examples), Mr Al Farhan thinks there is room for more, with many contractors still dealing directly with individual manufacturers.”I think builders’ merchants are something that has to come into this market. “Many of the things we learnt in the UK, we come back here and we don’t find it. So we say, ‘OK, the market is moving in this direction.’ It’s like looking into the future.”His firm has set up a programme, Ducon Authorised Dealerships, where it will work directly with individuals who want to set up franchised dealerships, offering them a standard contract, providing marketing support, sorting invoices and arranging delivery.”We’re just trying to push further ahead,” he says. “We will work together with them, empower them, give them brand credibility and allow them to grow their own merchants.”Currently, Ducon is providing its dealers with blocks, cement and a substantial range of paving, but Mr Al Farhan is keen to extend the product ranges offered in the future.He says Ducon is currently working with 14 merchants – all of whom are “homegrown” businesses.”Many of them did not exist when we started and I think in a few years they will become substantial businesses on their own.”According the UK’s Builders’ Merchants Federation, a trade association, British builders merchants’ sales increased by 5.2 per cent year-on-year in 2016, to \u00c2\u00a35.44 billion (Dh24.41bn). Sales increased by 5.5 per cent in the final quarter as warmer, drier British weather than the previous year allowed for more landscaping and external building work to be completed.While Ducon says it is in a good place at the moment regarding its own performance, the UAE weather is unlikely to produce such sales variables.mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Vision of the future in UAE construction<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Dubai-based Ducon Industries’ Mohammed Al Farhan may have lost his ability to haggle during his...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-48208","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cxy","jetpack-related-posts":[{"id":42391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-something-strange-happening-to-north-korean-property-prices\/","url_meta":{"origin":48208,"position":0},"title":"Is something strange happening to North Korean property prices?","date":"January 31, 2017","format":false,"excerpt":"\r The real estate business is only tacitly permitted in the Hermit Kingdom Skyline view of Ryugyong Hotel, an unfinished 105-storey, pyramid-shaped skyscraper in Pyongyang, capital of North Korea (DPRK). Chintung Lee\/Shutterstock Apartment values in Pyongsong City in North Korea are spiking, thanks to smoother modes of transit and a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-builders-society-mutual-to-build-200-fair-price-homes\/","url_meta":{"origin":48208,"position":1},"title":"Nationwide builders' society: mutual to build 200 'fair price' homes","date":"November 30, 2017","format":false,"excerpt":"\r Building society dips toe into property development with \u00a350m sale-and-rent scheme in Swindon, where its HQ is basedNationwide Building Society is to directly build about 200 \u201cfair price\u201d homes for sale and rent for the first time with a scheme in Swindon.But the mutual said it was only tiptoeing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halfords-pays-18m-for-welsh-online-bike-merchants-tredz-and-wheelies\/","url_meta":{"origin":48208,"position":2},"title":"Halfords pays \u00a318m for Welsh online bike merchants Tredz and Wheelies","date":"May 24, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Halfords pays \u00a318m for Welsh online bike merchants Tredz and Wheelies","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5332,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/storm-clouds-on-the-horizon-for-house-builders\/","url_meta":{"origin":48208,"position":3},"title":"Storm clouds on the horizon for house builders","date":"February 21, 2016","format":false,"excerpt":"\r Analysts say a cooling in house price inflation, high build costs, and a long-term shortage of labour will curb house builders' margins\r \r Source : telegraph.co.uk\r Read more...Storm clouds on the horizon for house builders","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72523,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/expect-competition-to-increase-among-uk-house-builders-glg\/","url_meta":{"origin":48208,"position":4},"title":"Expect competition to increase among UK house builders: GLG","date":"November 22, 2017","format":false,"excerpt":"\r GLG Fund Manager Henry Dixon discusses investing in U.K. home builders.\r \r Source : cnbc.com\r Read more...Expect competition to increase among UK house builders: GLG","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-builders-are-a-bright-spot-even-as-coronavirus-hits-traffic\/","url_meta":{"origin":48208,"position":5},"title":"Home builders are a bright spot even as coronavirus hits traffic","date":"April 14, 2020","format":false,"excerpt":"\r CNBC's Diana Olick reports on why home builders are a bright spot as housing is hit by the coronavirus pandemic.\r \r Source : cnbc.com\r Read more...Home builders are a bright spot even as coronavirus hits traffic","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48208"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=48208"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/48208\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=48208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=48208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=48208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}