The Kingdom of Saudi Arabia’s current lineup of construction developments includes over 720 projects spanning the commercial, education, healthcare, leisure and residential segments and collectively budgeted at more than SAR 1.6 trillion. These account for more than 25 per cent of construction activities in the Gulf, making the Kingdom the region’s largest construction market.
The growing anticipation for Saudi Build 2010, the 22nd International Construction Technology and Building Materials Exhibition, and Saudi Stone-Tech, the 13th International Stone and Stone Technology Show, affirms the heightened regional and international appeal of the Kingdom of Saudi Arabia’s construction and stone markets. Running simultaneously at the Riyadh International Convention & Exhibition Centre from October 18 to 21, 2010, Saudi Build & Saudi Stone-Tech are already 70 per cent booked and expected to draw thousands of professional trade visitors. Event organizer Riyadh Exhibitions Company has confirmed the participation of 42 national pavilions, with Belgium, Egypt, the UK, France and Taiwan joining for the first time and contributing to a 12 per cent increase in international participation.
“Saudi Build 2010 & Saudi Stone-Tech 2010 are still a few months away and yet we have already received numerous inquiries and advanced confirmations. This is indicative of how Saudi Arabia has emerged as the leader in Gulf construction and property development. Last year the domestic construction business posted a real growth of 3.9 per cent amidst the crisis. Given the more positive outlook for the global economy this year we can expect even more local and foreign investments into one of the Kingdom’s strongest economic sectors, with Saudi Build 2010 & Saudi Stone-Tech 2010 serving as an important preview of construction opportunities,” said Shahid Bhatti, Project Manager of Saudi Build & Saudi Stone-Tech at Riyadh Exhibitions Company.
Saudi Build 2010 & Saudi Stone-Tech 2010 form the biggest business-to-business construction event in the Gulf, and will gather exhibitors from Europe, Africa, the Middle East, and Asia. It will feature around 30,000 SQM of dedicated indoor and outdoor exhibition areas for stone, heavy machinery and construction equipment. It is the only construction trade show in Saudi Arabia accredited by UFI, the Global Association of the Exhibition Industry. UFI grants certification only to world-class professional events overseen by seasoned events organisers with proven track records in international exhibitions.
