KSA's construction sector growth boosts business
Show organisers enjoy benefit of growth
Steady growth in the Saudi construction sector is having a positive knock-on effect for businesses, according to organisers of Saudi Build, a trade show.
Figures from the kingdom’s ministry of finance showed real growth in the construction sector of 3.9% in 2009, with real estate growing by 1.8%, fuelling demand for construction technologies, building materials and equipment in the country.
“The continued growth in international participation reflects the strength and huge potential of the Saudi market,” said Shahid Bhatti, project manager of Saudi Build at Riyadh Exhibitions Company.
“This year's edition [of Saudi Build/Saudi Stone] is shaping up to achieve another record participation as real estate and construction market conditions remain bullish in Saudi Arabia. In fact, we have recently added Belgium, Egypt, UK, France and Taiwan to the growing list of country pavilions at the exhibition.”
The number of country pavilions at Saudi Build 2010 has increased to a total of 42 compared with 37 in 2009. The total exhibition area has also increased to reach around 30,000 m2, compared to 23,000 m2 last year.
Saudi Build / Stone 2010 is scheduled for October 18 to 21 / Dhu-al-Qa'dah 10 to 13 1431 (H) at the newly completed Riyadh International Exhibition Center.