Riyadh Chamber of Commerce and Industry Al ... Riyadh Chamber of Commerce and Industry The Riyadh Chamber

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  • Riyadh Chamber of Commerce and Industry The Riyadh Chamber of Commerce and Industry is considered one of the oldest Chambers of

    Commerce and Industry in the GCC countries since it was established in 1960. The Chamber

    is today a proud platform at the service of the business sector and striving to promote

    this sector and overcome all obstacles hindering its progress to support and promote the

    development process, as well as to enhance the national economy and improve its tools

    and structures. As for the real estate department at the Chamber, it aims at building closer

    relations between developers, government bodies and employers, in addition to raising

    the technical and occupational awareness among developers, promoting cooperation,

    rehabilitating the sector’s activities and reviewing obstacles facing developers.

    Al-Iktissad Wal-Aamal Group Al-Iktissad Wal-Aamal Group is a pioneering Group building bridges between business

    sectors in the Arab world for the past 3 decades since its establishment in year 1979. The

    Group combines publishing activities with organizing conferences and events that promote

    investment and commercial businesses, focusing their discussions on Arab economies

    through choosing timely topics and attracting competent speakers, officials and participants

    in addition to a wide contact network and well-known organization.

    The Group has offices and representatives in most Arab world and turkey, and organizes

    over 20 conferences annually in various countries. The Group also publishes 5 magazines

    that diversify between economic, social and technical specialties; with the flagship of the

    Group is Al-Iktissad Wal-Aamal Magazine.

    Under the High Patronage of His Royal Highness

    Prince Salman Bin Abdul Aziz Al-Saud, Governor of Riyadh Region

    More than $2.5 Trillion of construction projects in GCC

    KSA: The largest construction & projects market in the region

    687 current projects for $695 billion, 22% in the execution phase

    Riyadh Chamber of Commerce and Industry

    Al-Iktissad Wal-Aamal Group

    Riyadh: Tel: +966 1 2932769; Fax: +966 1 2931837 Jeddah: Tel: +966 2 6141855; Fax: +966 2 6519465 Dubai: Tel: +971 4 2941441; Fax: +971 4 2941035 Kuwait: Tel: +965 2409552; Fax: +965 2409553 Beirut: Tel: +961 1 780200; Fax: +961 1 780206

    PO.BOX: 5157 Riyadh 11422

    cpf@iktissad.com www.cpf2011

    www.iktissad.com

    Contractors Management Tel: +96614040044 ext: 380 / 330 / 290

    Fax: +96614055850 P.O.Box: 596 Riyadh 11421

    www.riyadhchamber.org.sa

    Partners in Development

    Organized by

    In cooperation with

    Regional Media Partner

    Exclusive Newspaper PartnersGold Sponsors PTT Connectivity Sponsor

    Diamond Sponsor Platinum Sponsors

    administrative qualifications, particularly for strategic and high-technology projects.

    This session will discuss the following topics: - Government sector plans for establishing sustainable projects - The effect of operation and maintenance on the performance of health service facilities. - The necessity of specialized operation and maintenance companies. - Operation and maintenance as an essential source of income

    15:15 Pray Time and Lunch

    Day Two: Wednesday 19 January 2011

    9:30 - 10:30 Session V: Government Projects: Opportunities and Challenges

    The Kingdom of Saudi Arabia is experiencing a building boom centered on projects for future generations. This is particularly obvious in the emphasis on strategic projects in the oil and gas, and water and electricity sectors, as well as basic infrastructure projects.

    This session will discuss the following topics: - Presentations of the Government’s major projects. - Aramco’s experience in supporting Saudi contractors. - Partnering with contractors and insuring the continuity of projects.

    10:35 - 11:55 Session VI: The future of the Building and Construction Sector in the Gulf

    The global economic crisis has created a new environment in the Gulf building and construction industry with the adoption of new project spending policies by governments, and the retrenchment and increasingly strict terms of financing. This forced companies active in this sector and support sectors to redirect their strategies to adapt to these changes.

    This session will discuss the following topics: - Growth prospects in the Gulf construction sector. - Strategies to face up to future changes and developments. - The importance of partnerships in executing projects. - Difficulties facing contractors in Gulf markets. - Promising markets in the Gulf countries.

    11:55 - 12:15 Pray Time and Coffee Break

    12:15 - 13:30 Session VII: Modern techniques in Building Systems and Construction Materials

    The need to preserve the environment, reduce pollution and greenhouse gas emissions has created a building a worldwide trend towards “green buildings”. This movement forms part of key strategies to introduce sustainable development processes to the construction industry.

    This session will discuss the following topics: - Introducing the Saudi building code. - New technologies in the building materials industry. - The iron and steel industry and its relation to the building and construction sector. - Role of the Saudi Council in promoting green buildings.

    13:30 - 14:00 Conclusion of the Forum and Recommendations

    cpf brochur rtp.indd 2 1/14/2011 10:10:28 AM

  • With construction forming a major share of Saudi Arabia’s development plans, the Construction and Projects Forum is the first gathering of its kind aimed at investors and decision-makers in the construction industry. The aim of the forum is to lay the right foundations for the

    future of the construction and building market, helping to guide future policy-making and building strong relations between local, regional and international firms and between the public and private sectors. This two-day event will shed light on the main developments and challenges facing the sector both locally and regionally, while spotlighting potential investment opportunities. At the same time the Construction and Projects Forum represents a vital networking hub for industry players. The adjoining exhibition offers companies in construction, engineering and building materials a platform to showcase the latest techniques in the field.

    bn $SSU

    Saudi Arabia – Key Facts

    - KSA represents the largest share of construction projects in the region - $695bn worth of current projects, 22% of which are in the execution phase - Of the top 100 mega projects in the GCC, 35 are located in Saudi Arabia - Contracts awarded in 2010 and 2011 are expected to reach $64.bn and $86bn

    respectively - KSA has earmarked more than SR 1.4 trillion for spending in next five years - Investments are targeted in agriculture, water, infrastructure, health, education,

    power, transport - 1 million housing units to be constructed in next five years to meet 80% of demand - 4.7% GDP growth in 2009, expected to rise to 6.4% in 2010 - Construction machinery market expected to expand by 20% in the next five years

    Value of projects signed and planned in KSA

    $ bn

    Projects planned and under execution in the Gulf States

    $ bn

    Building and Construction

    Oil and gas

    Energy

    Petrochemical

    Water Desalination

    Infrastructure

    Value of the projects to be signed by sectors in KSA between 2010 and 2015

    The Forum

    The Saudi Economy The Kingdom of Saudi Arabia has the largest regional economy and is the world’s largest oil exporter. As a result of prudent spending and buoyed by booming oil prices, Saudi Arabia was able to safely steer its

    economy through the global financial crisis and its aftermath. The country’s growing population and its need to significantly upgrade infrastructure has resulted in ambitious plans in the coming years. In its Ninth Development Plan (2010-2014) Saudi Arabia earmarked more than SR 1.4 trillion for spending, the majority of which will benefit the construction and projects sector.

    Change

    from 2009

    to 2010 (%)

    August 2010

    (million $)

    August 2009

    (million $)

    23.775,33260,906Bahrain

    -10.5238,945266,994Kuwait

    -0.293,58093,761Oman

    17.5249,286212,240Qatar

    16.8698,748598,054KSA

    2.6941,879917,751UAE

    6.92,297,7702,149,706GCC Total Projects

    103.7321,627157,885Iraq

    13.52,619,3972,307,591Gulf Total Projects

    The GCC countries – A background In the wake of the global financial crisis, governments in the GCC countries increased their spending on infrastructure developments in a bid to stimulate their economies. Helped by stable oil prices, these governments have been able to continue with ambitious plans to upgrade public infrastructure in the domains of health, education, transport, water and waste. Additionally the drive to build a sufficient supply of affordable housing is now being seen to meet the requirements of growing populations. Today there is more than USD2.5 trillion worth of construction projects in the GCC countries. Although Saudi Arabia represents the largest share, there are still many ongoing and future opportunities in other GCC countries, particularly within the UAE.

    Day One: Tuesday January 18, 2011

    08:30 - 09:00 Registration

    09:00 - 10:00 Inaugural Session and Awards Ceremony

    10:15 - 11:15 Session I: Trends in the