The Saudi pavilion at “The Big 5”
trade show officially opened yesterday (Nov. 21) at the launch of the four-day
largest gathering dedicated to construction, contracting and building solutions
in the Middle East in Dubai World Trade Center.
The KSA pavilion has seen a
remarkable turnout of visitors in its four years of participation in the annual
event. This time, around 60 Saudi companies specialized in construction and
building materials look forward to make new trading deals and sign strategic
partnership contracts and cooperation with a number of regional and
international real estate and construction companies during the exhibition.
Ahmed bin Abdulaziz Alhakbani,
Secretary General of the Saudi Export Development Authority, said the Saudi
participation in the exhibition comes as a part of the Authority’s strategic
plan to increase non-oil exports and introduce the regional contracting sector
to construction materials made in Saudi Arabia. He said “the Authority was keen
over the last four years on being present in major events and exhibitions,
especially The Big 5 exhibition, due to its strong presence on regional and
global levels. Saudi Exports provided all the fundamental requirements for
Saudi companies participating in the exhibition and supported them to meet a
range of companies and institutions owners and investors interested in
construction and building sector in the region.”
He further said “the Saudi Export
Development Authority’s participation in specialized international exhibitions
is one of the services provided by the Authority, via showing national
companies’ representatives in the Saudi pavilion supervised by Saudi Exports
and demonstrate their productive capabilities representing national industry.”
Alhakbani expressed his confidence
that the Saudi companies are able to benefit from this exhibit through opening
new export channels, attracting future business opportunities and expanding the
volume of investment partnerships in regional and global markets.
He added: “The Saudi pavilion
participating in The Big 5 aims to promote KSA’s exports of construction and
building materials to all the Gulf states and international markets. It will
also highlight the value of Saudi products and their supremacy over other
products in terms of quality and price, along with meeting the construction and
building requirements in the region, besides introducing local companies to the
available opportunities in international markets and ways to benefit from them
via showing their products, and exchanging meetings with new and potential
clients.”
Alhakbani emphasized that the Saudi
Export Development Authority’s strategy includes continuing to explore export
opportunities in international markets constantly due to the importance of
increasing and diversification of exports portfolio towards export markets in
line with government efforts aiming at promoting non-oil sectors contribution
in the national economy, paying tribute at the same time to the strong presence
of Saudi companies in the exhibition, which in turn provides a lot of
investment opportunities, promotes business for Saudi companies, gives access
to competitive market with global companies in construction and building industry
and achieving profitable returns in Saudi construction sector.
The Authority looks toward creating
an added value for Saudi manufacturers through its efforts and activities,
which reflects positively on national economy in general, and on the growth of
national construction business in particular, by stimulating and enabling the
companies to develop their business in the international markets, and benefit
from the available opportunities through training workshops offered all year
round or through participation in specialized international exhibition
organized by Saudi Export Development Authority in many sectors, plus bilateral
meetings and business forums.
The Big 5 offers participating companies
and visitors alike, the opportunity to look at the latest updates and trends in
regional market and to build new partnerships with potential clients, as well
as get the latest information related to all aspects of construction and
building industry.