ROSHN conducts 1st-ever commercial bootcamp for Saudi SMEs

By Shilpa Annie Joseph, Official Reporter
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ROSHN conducts bootcamp for Saudi SMEs
Rep. Image | ekrem osmanoglu @ Unsplash

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and PIF-owned giga-project, has conducted its first Commercial Bootcamp to empower general contractors, subcontractors, and project managers from Small and Medium Enterprises (SMEs) with more upskilling opportunities in the industry.

The event, which was attended by local companies, underlined ROSHN’s approach to both growing the number and capability of local contractors for the Kingdom’s construction industry and diversifying the local economy.

The bootcamp is designed to help equip contractors with vital construction cost management skills, improving their competitiveness and supporting them to make informed financial decisions.

Further, the event featured a series of interactive sessions led by world-class speakers offering global perspectives, diverse experiences, and cutting-edge insight.

In this first edition, participants learned how to develop accurate cost estimates using effective methods and software tools; strategies to control costs during a project; mitigating cost risks and navigating change; and maximizing profitability through optimized financial management, cash flow forecasting, and value engineering.

Iain McBride, Executive Director of Commercial at ROSHN Group, said that, “At ROSHN we are proud to serve as a national champion of the real estate sector to uplift, enhance, and empower Saudi businesses while also strengthening our supply chains through localization and diversification. Our Commercial Bootcamp reflects our values-led commitment to empowerment, opportunity, and responsibility.”

“We seek to raise standards and establish Saudi Arabia as a center of excellence, where local contractors are recognized as globally trusted partners of choice, having showcased their skills and abilities as part of giga-projects built to international standards,” McBride added.

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