Construction Souq today kicked off its unique online marketplace constructionsouq.com here in Dubai. The launch was attended by eminent contractors, suppliers and other key stakeholders of the construction industry.
Constructionsouq.com is a digital marketplace which has been developed to address the multiple impediments that come in between the lifecycle of ideating a structure to making that idea a reality for the end consumer.
The key stakeholders like contractors, suppliers, equipment rental agents, and procurement managers face difficulties in sourcing right projects and supplies at optimum cost and time.
We observed that the industry is facing a lot of challenges in the day to day operations leading to inefficiency which in turn leads to high costs.
One of the key challenges faced is the poor coordination between the stakeholders involved at the grass root level which we have tried to address”, said Kashif Ahmad Khan, CEO, Construction Souq LLC.
It a revolutionary online portal, wherein timely communication and collaboration of material suppliers, contractors, equipment rental agents, and procurement managers became a reality.
It is an online marketplace dedicated to the construction industry where all stakeholders can liaise and get products and services at one centralized meeting place, thus saving a lot of time and cost.
Both buyer, as well as the seller, can showcase their products and services on constructionsouq.com and get an opportunity to meet prospective customers and clients thereby helping to increase the customer base.
Abdul Rauf Wani, CTO Construction Souq LLC. said, “Constructionsouq.com is dynamic, easy to navigate and has real-time updates on products and services for all stakeholders to make construction easy and accessible.
The suppliers can reach out to the registered contractors and procurement managers easily now while as contractors, procurement managers and equipment rental agents also will not have to visit multiple places for their requirements.”
The portal offers some unique features like value engineering and provides its help on special projects with the help of its dedicated research module.
The start-up is expecting around 100,000 certified suppliers and contractors engaging and transacting value on the portal by the end of 2020.
MENA region has multiple infrastructure projects in the pipeline and this will help all the people involved to organize the projects in a better and easy way.