Future Projects Forum concludes its sessions by showcasing projects worth one trillion riyals

Future Projects Forum

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The Future Projects Forum concluded its work yesterday, where the forum reviewed the details and developments of more than 3000 projects worth one trillion Saudi riyals.

With the presence of more than 3000 contractors and interested parties from 16 countries around the world, the forum concluded its work on Tuesday, where the forum reviewed the details and developments of more than 3000 projects worth one trillion Saudi riyals.

<span style="color: #800000; The forum, in which 43 entities participated, highlighted the size of future opportunities and projects and what the Kingdom's future needs from the contracting sector as the executive arm of the Kingdom's Vision 2030 projects and the main driver of many important sectors.

During the forum, it was emphasized that the contracting sector is the main driver of many important sectors. During the forum, Minister of Municipal and Rural Affairs and Housing Majid Al-Haqeel emphasized during his speech that such events have a great role in enhancing communication between government and private sectors and sharing information, data and experiences with local and international contractors, which contributes significantly to the accurate planning of their work; which contributes to the development of contractors" performance and access to appropriate opportunities.

Majid Al-Haqeel, Minister of Municipal and Rural Affairs and Housing, said that such events have a great role in enhancing communication between government and private sectors, and sharing information, data and experiences with local and international contractors. He explained that the contracting sector is a key pillar in the growth and prosperity of the Kingdom; it plays a key role in enabling many of the Kingdom's Vision 2030 initiatives and is the main driver of many vital sectors in the Kingdom.

"The government of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud pays great attention to the development and support of this sector, through the establishment of the Saudi Contractors Authority as one of the enablers provided by the government to this sector, in addition to the reconstitution of its board of directors with the participation of government representatives with their colleagues from the private sector to achieve integration and harmony between the government and private sectors to identify development and growth opportunities, as well as the issuance of the Royal Directive to form the permanent coordination committee with the membership of several government agencies to develop the contracting sector."

Future Projects Forum