Seminar to assess impact of global crisis

The impact of the global financial crisis on the economically vital construction sector in the UAE will be assessed in a federal government level seminar next month, it was revealed yesterday.

Details of the special seminar in Abu Dhabi, to be held on December 24 under the patronage of Sheikh Hamdan bin Mubarak Al Nahyan, the UAE Minister of Public Works, emerged on the sidelines of The Big 5, the region's biggest trade fair for the building and construction supply industry taking place at Dubai International Convention and Exhibition Centre.

"The industry will welcome this high-level review of a sector that has such a vitally important role in the UAE's economy," said Simon Mellor, Vice-President Construction for show organisers dmg world media.

Khalfan Al Ka'abi, Head of the Contractors' Committee of Abu Dhabi Chamber of Commerce, said: "Everyone expects that construction projects currently under way will continue as planned because the UAE economy remains strong."

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