Saudi Contractors Authority launches FPF in Riyadh from Feb 20
Held from 25-26 Feb 2020, the forum's second edition will discuss future projects for local contractors
Saudi Contractors Authority has announced the second edition of the Future Projects Forum (FPF), which will be held on the 25-26 Feb 2020 in Riyadh.
The forum is one of Saudi Contractors Authority’s initiatives that offers an opportunity to create a platform to bring together investors, project owners and contractors in order to discuss future projects in the contracting sector.
More than 30 government bodies and companies will showcase investment opportunities and future projects at the event.
FPF is recognised as the first and largest forum of its kind in the Middle East, and covers the latest construction, development and opportunities.
The event will be a golden opportunity for market players to be ahead of the game from one side and is a opportunity for business networking.
Future Projects Forum will also offer a platform to network with projects owners, buyers and influencers from the contracting industry.
Interest is growing among the industry to find out about the latest construction projects, plans, and budgets across the two days.
Riyadh will witness the largest gathering in the construction sector with the participation of a number of ministries, authorities, leading national companies and private companies, to display projects with an estimated value exceeding $119.9bn (SAR 450bn).
The projects are distributed in a number of different sectors such as: projects linked to the Kingdom's Vision 2030, oil, gas, energy and water projects related to the Public Investment Fund (PIF) portfolio, operation and maintenance projects, infrastructure projects, and residential projects.
This year's edition will see a doubling of the number of participants from 1000 to 2000 contractors, as the authority aims to improve the plans and decisions of contractors by knowing the time period for future projects.
In the second edition of the forum, the project owners will include a number of major players in various sectors, including industry and mining, including the Ministry of Energy, the Ministry of Industry and Mineral Resources, Saudi Aramco and Saudi Basic Industries Corporation (SABIC).
The tourism and leisure sector is represented by Al-Qudiya, Amala and Red Sea, and from the transportation sector, the Ministry of Transport, the General Authority for Aviation, the Saudi Railways Company (SAR), as well as government agencies such as the Ministry of Housing and the Ministry of Labour.
It is worth mentioning that the first edition of FPF saw the participation on 23 entities who showcased their projects, which prompted the Saudi Contractors Authority to increase project owners and contractors lined up for the next edition.
Saudi Contractors Authority has called on those interested to participate to take advantage of the opportunities by registering via www.saudifpf.com.