Saudi Build 2015 concludes with eyes on SAR 3 trillion worth of projects

Posted in

Construction Exhibition Participants

Amidst local and international interest, His Excellency the Secretary of Riyadh Region, Engineer Ibrahim bin Mohammed Al-Sultan, inaugurated the activities of the 27th International Exhibition of Building Technologies and Materials (Saudi Building Exhibition 5102 at the Riyadh Exhibition Center, and Al-Sultan stressed during the opening ceremony During the opening ceremony, Al-Sultan stressed that the Saudi market is one of the attractive markets for investors due to the great development renaissance, where the volume of projects is more than 3 trillion riyals, of which 024 billion in the Riyadh region, which is a strong indicator of the strength of the Saudi market in the region.

<p class="p1

Wide participation of construction sectors

His Excellency toured the pavilions of the exhibition, whose halls were crowded with a large number of exhibitors in their various sectors and specialties, where major traders and participating companies came, which is the largest gathering in the Kingdom, for major manufacturers, suppliers and specialists in the field of building, construction, stone and marble industry, targeting architectural consultants, engineers, interior designers, contractors, traders, agents, and distributors of building materials and equipment. The exhibition included a wide range of the latest and best materials and building supplies from Saudi industries and many international companies from different countries.

The event was distributed over three venues, including the main exhibition halls, the outdoor hall and the exhibition of heavy construction equipment, and the exhibition confirmed from its first day from the number of visitors and exhibitors that the Saudi market is an open market with great potential to attract investors to this market, which made the competition between companies great.

Showroom success

The Saudi Construction Exhibition achieved unparalleled success in attracting thousands of visitors, businessmen, contractors, and real estate agents during its period, which extended from October 26 to 29 last, , Especially at the peak time after the Maghrib prayer, where all the parking lots inside the exhibition and the side parking lots outside it were full, causing a congestion of cars outside the main gate, which reflects the great interest of those interested in the exhibition and the offers it contains.

<p class="p2

The observers attributed this turnout to the development and real estate revolution witnessed by the Kingdom of Saudi Arabia in general and Riyadh city in particular, for the development projects and the urban boom that the Kingdom is experiencing, confirming the strength of the Saudi economy, which made the exhibition attractive to companies and individuals to know the new in the world of construction, as well as the presence of dozens of competitive options under one roof.

All the world of construction and its equipment under one roof

On the sidelines of Saudi Build 2105, Nidal Al-Ghamdi, Public Relations Manager at Riyadh Exhibitions Company Limited, the organizer of the exhibition, expected that the infrastructure development projects currently under implementation will contribute to driving the growth of the construction sector for the next few years. Al-Ghamdi praised the large and strong presence of exhibiting companies who appreciated the excellent organization of the exhibition despite the density of exhibitors and the many visitors who crowded the halls in search of the new and modern in the field.

The exhibition was held on the sidelines of the Saudi Construction Show, which was attended by over 200 exhibitors from around the world.

The Saudi Construction Exhibition 2015 was held Held in conjunction with the Saudi Stone Technology Exhibition 2015, the 18th international exhibition of stone and stone processing technologies and equipment; and the Saudi Heavy Equipment, Machinery and Construction Vehicles Exhibition 2015, the 6th international exhibition of construction equipment, machinery, laboratories and vehicles, the Saudi Stone Technology Exhibition 2015 presented a wide variety of products ranging from presented a variety of products ranging from marble, granite, natural stone and mosaic slabs, modern and computerized stone cutting machines to quarry machinery, cutting blades and sheets. The Saudi Heavy Equipment, Machinery and Construction Vehicles Exhibition is a key platform for participants to connect with industry leaders and the opportunity to conduct business and sales, bringing together everything needed for urban development under one roof.

Numbers flutter in the sky

Interior exhibition space spans more than 25,000 square meters.

4,000-square-meter temporary indoor stand.

5,000 square meters of outdoor exhibition space.

5,000 square meters of outdoor exhibition space.

Size of projects in the Kingdom worth more than 3 trillion riyals.

Size of projects in the Kingdom worth more than 3 trillion riyals.

The size of projects in the Riyadh region worth more than 420 billion riyals.

Projects in Makkah and the Eastern Province are close to one trillion riyals.

Stalled projects amount to 12% of the total mega projects in the Kingdom.

Stalled projects amount to 12% of the total mega projects in the Kingdom.

More than 19 countries are competing for the Saudi boom

The participation of more than 19 countries and 17 national pavilions coincided with the precursors and expectations to revitalize the local market for the building and construction sector, especially that the international and international participants for this year have an eye on a number of positive changes and decisions that cast their shadows in the domestic economic scene, as international companies sought to participate in this year's construction exhibition, taking into account the decision of the Custodian of the Two Holy Mosques to allow foreign companies to enter the Saudi market and compete to provide their best services, This decision made the exhibition halls crowded with international products in various aspects of construction, decoration and various accessories, and the enthusiasm in attracting customers was the common factor among the exhibitors, who were satisfied with the results of their presentation, making the exhibition a platform for exhibition and communication with the pioneers and specialists of the construction sector at the local and regional levels.

<p class="p1

The list of countries that participated in this event includes Bahrain, Brazil, Canada, Finland, Greece, India, Kuwait, Lebanon, Malta, Morocco, Oman, Palestine, Poland, Qatar, Romania, Singapore, Switzerland, Ukraine and the United States, as well as a large number of European manufacturers of construction equipment.

Reading from the exhibition

Building and Construction Sector Maintains Domestic and Regional Dominance

The great turnout witnessed by the Saudi Construction Exhibition 2015 has strengthened the confidence of investors in various fields of building, construction and contracting, as thousands of visitors and contractors flocked to renew their commitment to the construction market and learn more about the international products that came from more than 19 countries that threw their finest and most modern products in the courtyards and exhibition halls, This is due to their prior knowledge that the Kingdom is experiencing a huge urban and construction boom in all sectors, especially in transportation, infrastructure, utilities, education and health care, which is worth more than 3 trillion dollars. As mentioned in this coverage. This large turnout of visitors confirms that the Kingdom's construction sector will continue to grow in the coming years in light of the large number of ongoing and planned projects in various sectors.

Another point that will cast a positive shadow on the sector is that it will maintain its strength in the regional market as the largest construction market for a period of time driven by the demographic expansion and the investment program of the Saudi government. The Kingdom's construction sector has given a huge boost to local and international private companies to play their part in this growth.

The construction sector in the Kingdom has given a huge boost to local and international private companies to emerge.