Dear Delegate,
Saudi Arabia is the largest country in the Middle East measured by both GDP and number of inhabitants. With 40 % of Saudis being under the age of 15, the
population in the kingdom is expected to nearly double by 2030. This is keeping in line with growth forecasts of an economy on a successful path of diversifying
its economy and developing the vocational skills of its citizens through Saudisation.
There is a no-holds-barred approach to meeting the growing demand for new residential, health, educational and infrastructural needs. In addition, industry and
tourism investment is fuelling the ongoing construction boom, the speed and scope of which is seeing projects completed at an unprecedented rate.
It is irrefutable that the business opportunities in the Kingdom are massive. Despite this consensus, many industry players looking to enter the Saudi market
hold back. A main reason is that barriers of entry are perceived to be substantial. However, this high degree of uncertainty among foreign companies as to the
risks and diffi culties of doing business in Saudi Arabia are unfounded. The fact is that with consistent progress being made in opening up and liberalising the
market, it has never been easier to set up operations here.
The Construction Week Saudi Arabia conference will unveil the vital components for successful engagement in Saudi construction. This one-day exclusive
forum will gather top leaders from property developers and contractors alongside leading professionals from financial houses and law firms. Delegates will gain
a comprehensive insight through case-study presentations on the best modes and practices. This will enable them to set immediate and long-term strategies
for the Saudi market where the winners will not necessarily be the strongest or the most technologically advanced companies. Securing return on investment
here will require forging the right partnerships needed to correctly identify and overcome operational challenges by adapting to the market environment.
We look forward to seeing you at the conference,
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Oscar Wendel
Event Director
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