On June 10th, Construction Week Middle East unveiled the 13th annual Power 100 list, one of the most anticipated rankings of the year. Mr. Yu Tao, President & CEO of CSCEC ME, has been listed in the Construction Week Power 100 for nine consecutive years and ranks no.2 among the list of Top 30 Contractors in 2022.
This year, the power list has been redesigned to focus on independent stakeholder segments, which means each stakeholder is ranked against their peers in the industry. The list is divided into six sub-lists: Top 30 Contractors, Top 20 Developers, Top 15 Consultants, Top 15 Sub-contractors, Top 10 Designers & Architects, and Top 10 Lawyers. Each sub-list features the most influential individuals from that particular industry, who are ranked in ascending order within their respective lists.
The ranking is based on the following criteria: overall value of the projects completed in the past 12 months, value of new projects secured in the past 12 months, successes and achievements during the period, and initiatives implemented by the organization towards the well-being of its employees and the society.