DP World and CDPQ sign investment platform deal

DP World and CDPQ sign investment platfo…

Friday, 02 December 2016 15:15

DP World has announced the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers

Kuwaiti company to build manufacturing plant in KIZAD

Kuwaiti company to build manufacturing p…

Thursday, 01 December 2016 07:02

Abu Dhabi Ports and Khalifa Industrial Zone (KIZAD) have signed a Musataha agreement with Integral Plastic Industries to build a new manufacturing plant in KIZAD with an investment of US$2.7mn

Volvo CE launches new global website

Volvo CE launches new global website

Wednesday, 30 November 2016 10:33

Volvo Construction Equipment (Volvo CE) has unveiled its new global websitefollowing the recent roll-out of over 120 dealer and market websites around the world

FM EXPO Saudi and Saudi Clean Expo set to debut next year

FM EXPO Saudi and Saudi Clean Expo set t…

Wednesday, 30 November 2016 10:29

Being the largest facilities management market in the GCC, Saudi Arabia’s sector is rising from being worth an estimated US$20.3bn in 2014 to a forecasted US$29bn by 2017

Schneider Electric introduces world’s first ePAC for IIoT in GCC

Schneider Electric introduces world’s fi…

Tuesday, 29 November 2016 08:59

Schneider Electric, specialist in energy management and automation, has introduced its new high-end Modicon M580 Ethernet programmable automation controller (ePAC) to the GCC region

Xylem Inc. buys water analytics company Visenti

Xylem Inc. buys water analytics company …

Monday, 28 November 2016 07:23

Xylem Inc., a global water technology provider, has acquired Visenti Pte Ltd, a Singapore-based smart water analytics company that provides a suite of advanced products and services to enable smart...

Swisslog brings automation expertise to Saudi Arabia

Swisslog brings automation expertise to …

Monday, 28 November 2016 06:35

Swisslog, automation expert for robot-based and data-driven intralogistic solutions, will be showcasing its latest warehouse automation solutions and new picking technologies for forward-thinking customers in Saudi Arabia and the bordering...

Dynamic new products and innovations displayed at Middle East Concrete & PMV Live 2016

Dynamic new products and innovations dis…

Friday, 25 November 2016 07:45

With a number of iconic infrastructure projects in the pipeline for the GCC, innovation remains the focus for the region’s infrastructure and heavy industry

Siemens and Bentley Systems join forces

Siemens and Bentley Systems join forces

Friday, 25 November 2016 07:24

Siemans and Bentley Systems advance strategic alliance including joint investment initiatives, realising new growth opportunities in industry and infrastructure through integration of complementary digital engineering models 

BREEAM resource for the Middle East launched at Big 5

BREEAM resource for the Middle East laun…

Thursday, 24 November 2016 10:57

Bre Global launched a dedicated resource for the delivery of BREEAM, the internationally recognised measure of sustainability for master planning, infrastructure and built environment at The Big 5 2016

MEC/PMV to diversify from The Big 5, return as standalone event in 2018

MEC/PMV to diversify from The Big 5, ret…

Thursday, 24 November 2016 08:16

Co-located with The Big 5 for the last six years, MEC/PMV is looking forward to carve out as an independent event starting 2018. To be hosted at Dubai World Trade...

‘Made in Italy’ at the Big 5

‘Made in Italy’ at the Big 5

Thursday, 24 November 2016 07:08

The Italian Trade Agency in collaboration with Made Expo hosted ‘Made Expo 2017: Made in Italy Construction Solutions and Materials’ at the Big 5

UAE mega-projects rank among the most innovation and least wasteful

UAE mega-projects rank among the most in…

Thursday, 24 November 2016 07:01

Legoland Dubai headlines UAE mega-projects that have been recognized as among the world’s most innovation, industry experts announced today ahead of The Big 5 construction exhibition

The competition ramps up at the Action Zone at MECPMV Live 2016

The competition ramps up at the Action Z…

Wednesday, 23 November 2016 07:54

Thousands of visitors expected at the region’s largest dedicated infrastructure and heavy machinery event

BIM on focus at Big 5

BIM on focus at Big 5

Wednesday, 23 November 2016 07:41

Building information modeling (BIM), an integrated system of creating and managing information about construction projects, is on focus at the Big 5 with a series of presentations and workshops under...

DAFZA eyes expansion of multinational construction base via The Big 5 Dubai show

DAFZA eyes expansion of multinational co…

Wednesday, 23 November 2016 07:12

The Dubai Airport FreeZone Authority (DAFZA) has confirmed its participation in the ongoing The Big 5 Dubai International Building & Construction Show, the latest edition of the Middle East’s largest...

Saudi Arabia construction spend to reach US$420 billion over next three years

big-5-update

The construction industry in Saudi Arabia is expected to spend up to US$420 billion over the next three years. The research conducted by Ventures Middle East for The Big 5 2011, has shown that the country's projected spend will mostly lie in buildings and oil and gas developments.

Andy White, exhibition director of The Big 5 2011, said: "It is no industry secret that Saudi Arabia presents significant opportunities for the construction sector, however, this research highlights the extent of projected spend over the upcoming years as well as the specific areas that these opportunities are most abundant.

"Saudi visitor participation has consistently increased at The Big 5 and the event's position within the market has continued to strengthen. The event's reputation as a platform to source the right products and solutions means that its importance in the current market place has grown."

Within the buildings sector, mixed use and residential developments are consistently at the top of the spending list, accounting for almost US$70 billion and US$50 billion respectively. Petrochemicals and refineries account for the majority of oil and gas budgets, representing over 90 per cent of the spend.

The Big 5 2011 will see Saudi exhibitors, including Saudi Sabic Corporation, TSSC, Emirates Steel, Raihi Steel and Al Jawda Ceramic attend the event in November. With more 2,500 exhibitors spanning 75 countries, and the very latest technologies and innovations from the building and construction sector, there will be unrivalled opportunities to source products and services and network with leading industry experts.

Faisal BinEdan, director of marketing for Rajhi Steel Industries said: "The construction in KSA has expanded rapidly in the last five years with several mega projects, both industrial, economical or even housing. It is also expected that this expansion with continue for the next five years on the existing projects announcements alone.

"The Big 5 is one of the largest exhibitions in the Middle East, where visitors and companies come from all over the world to hunt business opportunities in and outside of the region. We are looking forward to showcasing our brand not only in the Kingdom but also in the region, to increase the marketing of our new expansions for 2012."

White concluded: "It is fantastic to see such figures being projected for the industry in the region and we are anticipating a lot of discussion and debate on the Saudi market during The Big 5 this year. This year's event will see more than 30,000 products on display with access to expertise from 75 countries ranging from heavy construction, concrete, fit-out as well a burgeoning facilities management industry. Many of these products will be showcased individually at the event's brand new product seminars, providing a dedicated area to innovation and forward thinking within the industry."

Middle East Concrete, PMV Live and FM Expo are now operating under The Big 5 portfolio of events and will run alongside The Big 5 in 2011 and beyond. Developed to cater to industry demand they will provide dedicated zones for buyers, which will focus on those products and services most relevant to each industry.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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