SAR 300 billion worth of planned housing projects in KSA
Saudi Arabia’s housing sector remains a major long-term growth catalyst for the country’s construction industry as studies reveal that over SAR 300 billion worth of pledged housing projects are now in the pipeline. Aggressive residential development projects are being initiated all over the country to address the growing housing requirements of the country, subsequently creating […]
Saudi Arabia’s housing sector remains a major long-term growth catalyst for the country’s construction industry as studies reveal that over SAR 300 billion worth of pledged housing projects are now in the pipeline. Aggressive residential development projects are being initiated all over the country to address the growing housing requirements of the country, subsequently creating windows of opportunity for key players in the construction industry.
Saudi Build 2011, the leading construction trade event in the Middle East, will serve as a key business-to-business networking platform that will cater to the needs of regional and international exhibitors as well as trade buyers in Saudi Arabia. Saudi Build 2011 – The 23rd the International Construction Technology and Building Materials Exhibition, will run from October 16 to 19, 2011, at the Riyadh International Convention and Exhibition Centre and will be held concurrently with Saudi Stone-Tech – The 14th International Stone and Stone Technology Show.
Shahid Bhatti, Project Manager of Saudi Build at Riyadh Exhibitions Company, said: “Saudi Arabia is increasingly grabbing the attention of global suppliers and technology vendors because of the sheer size of the Kingdom’s construction market. A large number of international companies are now exploring expansion opportunities in KSA, especially at a time when other markets continue to underperform. Saudi Build and Saudi Stone-Tech will therefore serve as an ideal platform for international suppliers to network with trade buyers and decision makers from the Saudi government. For years Saudi Build and Saudi Stone-Tech have gathered the largest collection of property developers, local and international builders, building merchants and high-profile investors, making it the definitive marketing venue for all stakeholders in the Saudi construction sector.”
Saudi Build 2011 expects thousands of industry-related visitors, including high-profile business leaders from the Kingdom and around the world, diplomats and high-ranking Saudi Government officials. The event will also gather hundreds of exhibiting companies from Europe, Africa, the Middle East and Asia, collectively offering a comprehensive collection of the latest construction products and services.
Saudi Stone-Tech caters to evolving requirements and changing trends in stone technology products, machinery and services. Supported by VeronaFiere (Verona Trade Fair Company), Italy’s top trade show organizer, and the Italian MARMOMACCHINE Association, a technical and promotional organization for Italy’s stone and allied industries, Saudi Stone-Tech will feature designers and landscapers who will showcase cutting-edge stone products, including marble, granite, travertine and stone derivatives, as well as cutting, polishing and manufacturing machinery.
