Broadway Malyan predicts Middle East growth despite job losses
A senior figure at Broadway Malyan has insisted the UK-headquartered practice will continue to grow in the Middle East despite possible job cuts
The top 10 ranked AJ100 company this week revealed it was in redundancy consultations with six staff at its Abu Dhabi office.
But director James Rayner insisted Broadway Malyan’s long-term strategy was one of growth in the Middle East.
The firm was boosted this week by the approval of a masterplan for a 680 ha development on Yas Island by the Abu Dhabi Urban Planning Council.
Rayner said: ‘It has taken a lot of time and effort to get to this stage on the Yas Island scheme and it is a testament to the team we have that it has been approved.
‘I moved out to Abu Dhabi to push the masterplanning and design side of the business in the Middle East and the office has grown by 50 per cent in 18 months.
‘We are very active in the region, looking at projects in Saudi Arabia, Qatar and working on a big project in Iraq. The underlying economic data in the Middle East is only going in one direction; growth.’
Fellow director Ian Apsley said the firm was reviewing operations in the region to ensure it sustained a ‘healthy, robust and profitable regional business’.
He added: ‘We are currently consulting with six members of permanent staff over possible redundancies as part of a review of our Abu Dhabi-based operations.
‘As the outcome of the review becomes clear we will prioritise communication with our employees.’
The masterplan for the waterfront development on Yas Island involves creation of a series of residential communities for a total of up to 55,000 inhabitants.
The communities will be linked by a comprehensive open space, road, light rapid transport, pedestrian and cycle network to other notable destinations on the island.
Yas Island already includes the F1 motor racing circuit, signature hotels, Ferrari World Abu Dhabi theme park and an under-construction water-park and retail development.