Business & Money | Monday 7 October, 2019 5:50 pm |

Under the patronage of His Royal Highness, Prince Faisal bin Bandar bin Abdulaziz Al Saud, Governor of Riyadh Region, Riyadh Exhibitions Company Ltd. (REC) inaugurated the 31st edition of the Saudi Build Exhibition 2019. With a platinum sponsorship by Saudi Exports Development Authority, and the partnership of The National Gas and Industrial Company (GASCO), Saudi Council of Engineers, and Saudi Contractors Authority (SCA), Saudi Build will take place from 7th to 10th October 2019 at the Riyadh International Convention & Exhibition Center

Concurrently held with Saudi Stone Tech, Saudi Build PMV Series, Interior Design and Saudi Build Technology & Automation Building, Saudi Build 2019 is a one-of-a-kind construction trade extravaganza that will provide unique opportunities and enormous prospects for investors who are eager to enter the Saudi market.

Mohammed Al Alsheikh, Head of Marketing & Corporate Communications at Riyadh Exhibitions Company (REC), valued and appreciated the patronage of the Governor of Riyadh Region of The Saudi Build 2019 stating, “This exhibition brings thousands of local and international businessmen, exporters, manufacturers, industry specialist, importers and decision-makers under a single platform to explore the phenomenal opportunities which the nation’s largest sector has to offer”.

“Saudi Build 2019 will display innovative infrastructure capabilities, inspiring advancements in the building arena and feature state-of-the-art technologies in the field of materials science”, Mohammed Al Alsheikh has further stated, “The exhibition will also bring over 600 local, regional and international organizations together on a single platform, allowing them to network with industry influencers, decision-makers and professionals and explore unmatched investment prospects in Saudi Arabia’s promising construction sector which holds the biggest potential in the GCC”.

More than 520 leading international and local brands, representing 34 countries, are participating in the exhibition, aiming to provide high quality construction services, a wide choice of construction solutions, and promising investment opportunities. 

This exhibition comes at a time when the Saudi construction sector is witnessing a significant growth, following the announcement of the ambitious Saudi Vision in April of 2016. In fact, the Saudi construction sector is currently valued at 2250 billion SAR, with infrastructure projects alone amounting to 1312.25 billion SAR. Current ongoing projects constitute 82.4% of overall construction activities, reflecting the continued growth and development in the sector.

According to Alsheikh, the Kingdom aspires to serve as a powerhouse logistical hub connecting the three continents of Asia, Europe and Africa in accordance with the blueprint presented under Saudi Vision 2030. To meet this objective, the Government has already approved tremendous investment in the construction of ports, railways, airports and roads to enhance the Kingdom’s interconnectivity and facilitate the flow of raw materials, capital and human resources.

“As the Kingdom strives to achieve further economic integration with GCC countries, the building and construction sector is expected to pivotal role in completing this process”, Alshiekh further added.

It is worth noting that Riyadh Exhibitions Company Ltd (REC), the organizer of this event, enjoys a prolonged and successful experience in the Saudi market for over 39 years. Saudi Build 2019, therefore, is a significant landmark in the company’s history. In addition, all the REC’s leading events are all certified by UFI, the Global Association of the Exhibition Industry.