Construction Magazine December 2015 | Page 60

KBR
Doha Expressway in Qatar client seeks to pass on the majority of the risk to the EPC partner . There may be ‘ better ’ models when benchmarked against western economies , but western regulatory frameworks may not fit so well in the Middle East .
It comes back to fundamentals . The Middle East continues to attract money , as evidenced by the interest of Chinese contractors like Sinopec and Indian players like Larsen and Toubro and Punj Lloyd , which are taking an increasing interest , following on the heels of the Korean contractors who picked up $ 15 billion of contracts seven years ago . This inward investment is good news for KBR , which is ready to provide Pre-FEED , FEED , Project Management , and even EPC , construction
60 December 2015