Saudi Arabia Construction Sector Sees 4.5% Growth In 5 Years
Saudi Build 2012, the 24th International Construction Technology and Building Materials Exhibition, which will be held on Nov.11-14 at the Riyadh International Convention & Exhibition Centre, amid a robust environment.
The Kingdom of Saudi Arabia’s construction sector has maintained its positive growth trajectory, as analysts forecast, a strong average growth of 4.5 percent from 2013 to 2017.
Aggressive public sector expenditure remains an important growth catalyst for Saudi construction sector with $71.2 billion in contracts awarded by the government in 2011 alone.
Saudi Build 2012 will see the participation of more than 800 exhibiting companies from 35 countries. The four-day event will see exhibitors from Austria, Belgium, China, Egypt, France, Germany, Italy, Jordan, Korea, Kuwait, Portugal, Spain, Taiwan, Turkey, UAE, UK, among others, showcasing their latest solutions and offerings for the construction sector.
Recognized as the largest business-to-business construction fair in the KIngdom, Saudi Build 2012 will serve as the perfect platform to demonstrate the newest offerings in building materials & equipment, architectural finishing products, stone, marble and granite products, construction tools and technology, engineering services, infrastructure materials, security & safety systems, among others.
Zeyad Al Rukban, Assistant General Manager, Riyadh Exhibitions Company, said “with each edition of Saudi Build, the event has been steadily growing in prominence and scale as reflected by the overwhelming exhibitor response we are seeing. Saudi Build 2012 will again serve as a key business-to-business networking platform that complements Saudi Arabia’s booming construction market. The event will provide a dedicated avenue for trade visitors to explore the latest and most advanced construction and building solutions, while facilitating exhibitors to leverage the numerous opportunities in KSA’s construction market, which is the largest in the region.”
Saudi Build 2012, which is the only construction trade show in Saudi Arabia accredited by UFI, the Global Association of the Exhibition Industry, will be held concurrently with Saudi Stone-Tech 2012, the 14th International Stone and Stone Technology Show and Saudi Build – The PMV Series 2012, the 3rd International Exhibition for Construction Equipment, Plant, Machinery and Vehicles.
Saudi Stone-Tech is organized by REC in collaboration with Verona Fiere and Confindustria Marmomacchine (Assomarmomacchine). The event caters to evolving requirements and changing trends in stone technology products and services.
The Saudi Gazette
