Construction in Kuwait to hit $17.5bn by year end
Big 5 Kuwait to hold second event on back on building boom
Construction contracts in Kuwait are set to reach $17.5bn by the end of 2014, from $9.8bn in 2011, according to a report by Ventures Middle East.
Among the major infrastructure projects under various stages of planning and construction are Kuwait International Airport (KIA) redevelopment project, Kuwait Metro project, and the Kuwait National Rail Road System.
In line with the industry developments, the Big 5 Kuwait, the country’s largest building and construction exhibition, has announced the launch of its second edition, following a successful debut last year.
To be held from 22-24 September at the Kuwait International Fair, the exhibition will showcase a comprehensive range of innovative products and cutting edge technologies for the construction sector.
In addition, The Big 5 Kuwait will also feature a live demonstration theatre to give hands-on demonstrations of the new products along with other special events such as the FM Congress, certified workshops, networking round tables, and a How to Trade in Kuwait Seminar.
The free to attend special features have been designed with the Kuwait construction market in mind and ensure the continued professional development of its delegates.
Andy White, group event director, the Big 5, said: “The demand for fresh technology and new building material is on a steady rise in Kuwait, driven by a robust performance of the construction and infrastructure sector.
“The total cost of infrastructure and construction projects in 2014 will touch $23.2bn. All this activity strongly supports the need for the Big 5 Kuwait, which is set to present the latest tools and equipments for the construction sector during its second edition.
“With a greater exhibition area on offer, we are confident that we will continue to provide industry professionals with an opportunity to source new and international products, a place to network and also an opportunity to continue their professional development through the series of free to attend educational features.”
Launched in 2013, the Big 5 Kuwait received an overwhelming response for its first ever show. 5,000+ industry professionals, which include architects, engineers, contractors and developers, attended the three-day event to source products for $116bin real estate and infrastructure projects that are underway in the country.