
Saudi Arabia is the fastest growing economy in the region. The economy is set to become one of the top ten global investment centres. This determination for growth is fuelling expansion on infrastructure as it tries to keep pace with an ambitious development plan. Amidst a year of global economic challenges, construction projects in Saudi Arabia have remained relatively untroubled with as little as 1% of projects delayed or put on hold. There are few countries in the world who can boast the scale and scope of some of the landmark projects in the Kingdom, including:
The Saudi PMV show is designed to bring discussion on how major projects impact on their business. Hundreds of billions of dollars will be invested in the construction and fit out of these major projects. The question for the Cranes & PMV market is how do we resource this expansion program? Comparisons and benchmarks do not exist however we must ensure that all resources in the build are managed. Delays which lead to cost increases or penalties on this scale must be avoided.
The Saudi PMV Show is now in its third year and promises to build on the success of last year’s exhibition in Dammam, which saw the largest gathering of cranes, heavy vehicles and equipment ever seen in the Kingdom. In 2010, in addition to the equipment on display, the show will include workshops, demonstrations and auctions, making it a not-to-be-missed event for PMV professionals from all across the Middle East.