In this exclusive interview with Construction Week, Greg Kane, managing director of WSP Middle East, gives an update on the consultant’s Middle East business, its current project pipeline, and WSP’s ongoing acquisition of US-based consultancy Louis Berger.
The professional services consultancy is set to acquire US firm Louis Berger in the final quarter of this year in a deal worth $400m (AED1.47bn), as reported in July this year.
Kane also touches on the challenges and opportunities he sees in the region’s construction market, notably the group's ability to get paid in an increasingly tight market in terms of liquidity.
Moreover, while he believes the Middle East's late payment culture has not worsened for WSP, the consulting giant’s regional chief does cite his 'disappointment' that it has not improved either, even as other aspects of the regional market continue to advance.
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