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Saudi Arabia holds the largest forum for projects in the Middle East |
Saudi Arabia will hold the first and largest event of its kind in the Kingdom and in the Middle East Forum for Future Projects in Riyadh for two days, 25-27 February, in which several government agencies and leading national companies will present their future projects that exceed 600 projects valued at more than 500 billion riyals. In front of contractors and interested in the construction sector.
The forum aims at bridging the gap between the public and private sectors to develop the construction sector, encourage foreign investment, and create competition between contractors to execute future Saudi projects, said the Secretary General of the Saudi Contractors Association, Eng.
He explained Sweden, that thousand contractors are involved in the activities of the Forum, and 22 offer will be presented by participants to display future projects, and will see the Forum of six memorandums of cooperation between the Saudi contractors and different points of Interior such as the Ministry, and Saudi Aramco, views training and others, noting that the agreements the terms of cooperation and integration in Within the scope of the Saudi Contractors Authority.
In the same context, he said the governor of Riyadh, Prince Faisal bin Bandar Al Saud, are proud of the presence of projects large investment companies in the forum, and their presence confirms what is owned by Saudi Arabia , a clear picture of the nation 's ambition can to establish a new approach to work in a new way to the Saudi citizen.
He attributed the Governor of Riyadh, the cause found 662 project in Riyadh, worth 40 billion riyals, to sub - contractors, said: "The number large non - performing projects and sub - contractor needs to work and effort and concentration caused by a stalled project, and we are working on the search for a strong contractor that installs And hoped to complete the projects soon. "
He pointed out that the value of the projects announced today is a great opportunity for contractors to see them, and the figures prove that Saudi Arabia is a state of laws and regulations and appreciates the good work within the Kingdom of 2030, and wished the workers in the field of contracting progress.
For his part, the Chairman of the Saudi Organization for Contractors, Engineer Osama Al-Afaleq, said that the Saudi Commission for Contractors is working to inform the contractors new investment opportunities, and to encourage investment opportunities in Saudi Arabia, and that the participating parties will offer specialists in the construction sector 600 projects exceeding the estimated value of 500 billion riyals, There are 305 million workers in Saudi Arabia working in 162,000 establishments operating in the construction sector.
Al-Afalq stressed that the Saudi projects are based on three axes. The first is a vibrant society, an ambitious homeland and a strong economy, including transport, logistics, education, tourism, healthcare, hospitality, real estate and energy.
In turn, Deputy Chief Executive of the Head of Technical Services at Aramco, Ahmed Al-Saadi, said that Saudi Aramco company implemented 200 projects with the help of elite local and international contractors, and ongoing projects will contribute to the transfer of expertise and technology to indigenization, and help create new job opportunities for young people, revealed And is working to create a sustainable environment aimed at transferring the Saudi economy to competitiveness.
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