The Saudi Infrastructure Expo will bring together the leading players from the construction and contracting sectors as well as senior government officials from September 6 to 8, 2022 in Riyadh.
International events company, dmg events is set to launch the event at the Riyadh International Convention and Exhibition Center.
According to the statement, “The event comes at a time when Saudi Arabia is embarking on a multi-billion-dollar infrastructure boom.” Leading personalities from throughout the industry will give crucial insights into how new projects will progress and where new possibilities may emerge at the Saudi Infrastructure Expo.
As per the experts, “Vision 2030’s bold plan to boost and diversify the nation’s economic activity is sparking an unprecedented infrastructure drive.”
“We’re creating an opportunity for the most important suppliers, contractors, and government officials involved in the Kingdom’s infrastructure development to connect. Their networking and the business they conduct will contribute to industry thought leadership and drive projects crucial to Saudi Arabia’s Vision 2030. These significant sums are just a portion of the government funding being allocated to infrastructure projects across the Kingdom of Saudi Arabia. Continued investment will attract more private sector funding, creating even more opportunities for exhibitors at Saudi Infrastructure Expo.”
Last year, the Saudi government established a $53.4 billion infrastructure investment fund to catalyze private sector involvement in major infrastructure projects.
“This follows the announcement in January 2019 of the $425 billion National Industrial Development and Logistics Program, aimed at transforming the Kingdom into a leading industrial powerhouse and a global logistics hub,” as per the reports.