The Roshen Group—a wholly-owned subsidiary of the Public Investment Fund— its first training camp aimed at empowering contractors, subcontractors, and project managers from small and medium-sized enterprises by providing them with valuable opportunities to develop their capabilities in the construction sector.
The event, which saw the participation of numerous local companies, highlighted Roshen’s approach to increasing the number of local contractors and strengthening their capabilities in the Kingdom, thereby contributing to the diversification of the national economy.
Helping Contractors Acquire Essential Skills
The training camp was designed to help contractors acquire essential skills in construction cost management, thereby enhancing their competitiveness and enabling them to make sound financial decisions.
Participants in this first session benefited from learning how to develop accurate cost estimates using effective methods and advanced software tools, as well as implementing sound strategies to control costs during project execution, mitigating cost risks, managing changes, and increasing profitability through improved financial management, cash flow forecasting, and value engineering.
Ian McBride, Executive General Manager of Commercial Affairs at Roshon Group, said: "At Roshen, we are proud of our role as a leading national real estate company by supporting, developing, and empowering local businesses, as well as strengthening our supply chains through the localization and diversification of resources. This training camp embodies our commitment to our core values of empowerment, creating opportunities, and taking responsibility."
He emphasized the goal of raising standards and cementing Saudi Arabia’s position as a center of excellence, so that local contractors become trusted partners on the global stage, having proven their competence and capabilities through their participation in major projects executed to the highest standards.
The training camp hosted a series of interactive sessions led by a select group of international experts in their respective fields, who shared their diverse experiences and forward-thinking insights, The event was enriched by valuable contributions from “Dean Fory,“ Certified Manager and Head of Real Estate at Turner & Townsend; ”Charlie Shepard,” Director of Construction Cost Consulting; Malonangelo Masumi, a Chartered Quantity Surveyor (MRICS), and Oweis Haroun, Assistant General Manager, as well as prominent leaders from Roshen’s Commercial Affairs and Procurement departments.
