The total value of construction contracts awarded this year will soar to $195.7 billion, up from $159.87 billion in 2013, according to a report by Ventures Middle East.
With massive building and infrastructure spending driving the GCC’s construction boom, international and regional decision makers and industry leaders will converge on Dubai World Trade Centre this week to attend The Big 5, Middle East Concrete and PMV Live exhibitions which open today.
The total value of construction contracts awarded this year will soar to $195.7 billion, up from $159.87 billion in 2013, according to a report by Ventures Middle East.
“The Big 5 continues to be the leading event in the region for construction professionals and to drive innovation in the industry. With the construction sector back in the spotlight, this year’s event will be our most successful ever,” said Andy White, group event director of The Big 5. “The packed programme of free conferences, panel discussions and CPD certified workshops will deliver unique technical insight opportunities to all attendees.”
The Big 5, Middle East Concrete and PMV Live offer 55 CPD-certified and free-to-attend workshops, as well as 48 technical seminars. The two-day conference on sustainable design and construction will present eight Middle East project showcases directly from the appointed project architects, developers and contractors themselves.
To create awareness of new building solutions available in the Middle East, the show has launched the brand-new feature called The Innovation Trail. The trail will highlight over 40 cutting-edge products with cost and time savings features.
The 2014 editions of The Big 5, Middle East Concrete and PMV Live will welcome more than 2,700 exhibitors from 60 countries. Compared to 2013, 25 per cent of new exhibitors will be present across the three shows, with a combined total exhibition space of more than 100,000 sqm in total this year. The shows received more than 74,000 participants in 2013, and organisers are expecting another record year.
“By co-locating the three shows, we provide the most comprehensive platform for industry professionals to come together and leverage opportunities to help drive the region’s upcoming project challenges,” said Nathan Waugh, event director of PMV Live and Middle East Concrete.
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