TAV Group has once again seen a busy year under the leadership of president and chief executive officer, Dr Eng Sani Şener. Revenue in the last financial year reached $2.09bn (AED7.68bn), and the total value of TAV’s ongoing construction projects is estimated at $6.5bn (AED23.88bn).
In 2017-18, TAV has been involved in raft of high-profile projects in the Middle East, particularly in its core market of aviation. In addition to the company’s Emaar Square Package 3 hotel, shopping mall, and car park project in Istanbul, and its Damac Towers by Paramount project in Dubai, TAV has worked on the development of Muscat International Airport in Oman in a joint venture (JV) with CCC, and as the main contractor on an airport hotel project at Prince Mohammad bin Abdulaziz International Airport and the Saudi Airlines Catering Building in Medina, Saudi Arabia.
Ongoing projects in the company’s portfolio include the Midfield Terminal Building at Abu Dhabi International Airport, as part of a TAV-CCC-Arabtec JV; Bahrain International Airport’s modernisation programme, in an Arabtec-TAV JV; and the Yanbu, Qassim, and Hail airports in Saudi Arabia, where TAV is the developer, contractor, and operator. The company is also the main contractor on Towers A2 and A3 of The Address Residences Dubai Opera, and Il Primo Tower A4 in Dubai.
With a workforce of almost 50,000, TAV’s training and development budget for 2018 in $1m (AED3.67m). The company is also planning to invest more than $3m (AED11.02m) in technology this year: “More investment is planned to improve the digital resources available to staff and projects with the aim of improving productivity in 2018,” says Şener.
“TAV Construction is investing in technologies to expand information management implementations that combine all forms of information on the project, including for handover and the use of data beyond construction, during operations by the end-users. These investments include increased opportunities to automate more reporting [functions] through real-time dashboards, to significantly reduce the time and effort [required] to make information available to all parties, and to streamline decision-making while increasing awareness on projects,” he tells Construction Week.
“Development, with the focus on expanding the use of digital information management systems – on site and beyond construction – by the use of building information modelling, geographic information systems, and laser scanning, through the customisation and integration of platforms already in use, is aggressively planned for throughout 2018.”