ICCE to spotlight Saudi contracting sector

The Saudi construction sector is undergoing a massive transformation with a number of major building projects being planned at the moment.
Updated 13 September 2018

ICCE to spotlight Saudi contracting sector

A new exhibition and conference dedicated to Saudi Arabia’s contracting sector is launching in Riyadh next week, where government authorities, regulators, and key industry players will join forces to develop the Kingdom’s $1.4 trillion construction market. 

The 1st International Contracting Conference and Exhibition (ICCE), will take place from Sept. 16-17 at the Riyadh International and Convention and Exhibition Center.

The two-day event is held under the patronage of Dr. Majid bin Abdullah Al-Qassabi, Saudi minister of commerce and investment, and hosted by the Saudi Contractors Authority, a newly formed government authority responsible for regulating the Kingdom’s contractor industry and increasing mergers and acquisitions in a market where construction projects are expected to surge in the coming years. 

According to Project Intelligence Platform Ventures ONSITE, as of September 2018, the total value of Saudi construction-related projects, comprising buildings, industrial, power and water, oil and gas, and infrastructure, is estimated to be worth $1.4 trillion. Meanwhile, new Saudi construction contractor awards are estimated to grow to $44.1 billion in 2019, compared to 2018’s value of $26.3 billion. 

Thabet Mubarek Al-Sawyeed, governor of the Saudi Contractors Authority (SCA), said the 1st ICCE is formed under the guidance of Saudi Vision 2030. “As part of Vision 2030, Saudi Arabia is going through immense change, and part of this change is to achieve a sustainable contracting sector for the Kingdom,” said Al-Sawyeed.

“In line with King Salman’s vision, the SCA’s mandate is to organize, develop and regulate Saudi’s contracting industry, enabling it to build competent capabilities and to raise the standards produced by the sector, thereby establishing a safe and secure work environment.

“We’re therefore launching the ICCE under the theme of ‘Building the future with confidence.’ Its aim is to not only create business opportunities, but to solve challenges in the contracting industry, encourage creativity, enhance communications, educate, facilitate and advocate not only SCA members, but the construction industry as a whole,” added Al-Sawyeed.

The 1st ICCE is co-organized by Messe Frankfurt Middle East, and Saudi-based ACE Exhibitions. Key sponsors onboard for the inaugural showpiece include Strategic Diamond Partner Al-Bawani; Platinum Partners Riad Bank and Shibh Al-Jazira Contracting Company; Gold Partners SAPAC and ANB; and Silver Partners Nesma and Partners Contracting, Saudi Tumpane, Mohammed Al-Ojaimi Group, and TAMIMI Pre-Engineered Buildings.

Ahmed Pauwels, CEO of Messe Frankfurt Middle East, said: “The Saudi Arabian construction sector is undergoing a massive transformation, with the likes of Neom Business City and The Red Sea Project just a couple of examples of major building projects being planned at the moment.” 

The two-day summit features an expert panel of more than 35 speakers. 


Saudi delegation visits German trade fair Domotex

Updated 19 January 2020

Saudi delegation visits German trade fair Domotex

From Jan. 10 to 13, the latest edition of Domotex — an international trade fair for carpets and floor coverings — stood out as the industry’s biggest, most pivotal hub for trends and innovations in flooring trends. A total of 35,000 attendees — 70 percent of them from abroad — were on hand for the four-day event in Hannover, Germany to explore the latest trends, products, and solutions presented by more than 1,400 exhibitors from 60 countries.

The show’s keynote theme of “Atmysphere” highlighted the aspects of flooring products that contribute to a sense of well-being and promote naturalness and sustainability — topics thoroughly reflected by the products on display.

“Domotex is and remains our most international trade show. We are delighted that the event attracts attendees from around the globe, who come for 2.3 days on average — 60 percent from Europe, 25 percent from Asia and 10 percent from the Americas, with the remainder from Africa and Australia,” said Dr. Andreas Gruchow, the Deutsche Messe managing board member in charge of Domotex.

“We have been truly impressed with the positive reception and special spirit at this year’s Domotex. The attendance figures reflect an ongoing trend toward increased market concentration. The further rise in the percentage of high-caliber professionals is an important factor in business growth for 2020. 

"Around 90 percent of the show’s visitors have decision-making authority at their companies, with half of them at top management level,” said Sonia Wedell-Castellano, global director for Domotex. “I am also delighted with how enthusiastically our exhibitors embraced the keynote theme of ‘Atmysphere,’ as well as with the success of the revamped ‘Treffpunkt Handwerk’ (meeting point craft) skilled trades hub and the volume of exhibitors who have indicated they will be back in 2021,” she added.

The German-Saudi Arabian Liaison Office for Economic Affairs (GESALO), as the official representative of the Deutsche Messe AG in the region, organized in cooperation with the Domotex team a VIP delegation to the trade fair.

The delegation was welcomed by Maike Gessing, partner relations at Deutsche Messe AG, and Wedell-Castellano. The group had the chance to get firsthand information and exchange experience. 

In total, more than 200 visitors from Saudi Arabia, Bahrain, and Kuwait attended this year’s trade fair. 

The next Domotex will be staged from Jan. 15 to 18, 2021 at its traditional venue in Hannover.