Launching MEP company, is like inviting maintains of problems. The success rate is less then 5%. Failure reasons include: Delayed/Non Payments even after six months. Material Procurement Issues, Higher Installation costs, huge manpower issues and the wrong estimation of main companies. Only a handful are operating and almost all are in the Red.
Launching MEP company, is like inviting maintains of problems. The success rate is less then 5%. Failure reasons include: Delayed/Non Payments even after six months. Material Procurement Issues, Higher Installation costs, huge manpower issues and the wrong estimation of main companies. Only a handful are operating and almost all are in the Red.