This year's edition will see a doubling of the number of participants from 1000 to 2000 contractors, as the authority aims to improve the plans and decisions of contractors by knowing the time period for future projects. RIYADH — The awarding of projects in the Kingdom is expected to witness a decline ranging between 20 and 40 percent during the year 2020, according to an estimate of the Saudi Contractors Authority (SCA). Saudi Contractors Authority has announced the second edition of the Future Projects Forum (FPF), which will be held on the 25-26 Feb 2020 in Riyadh. Provided by SyndiGate Media Inc. (Syndigate.info). Saudi Aramco partners with the Saudi Contractors Authority fostering collaboration at ‘Future Projects Forum’ RIYADH, April 18, 2019 . The authority attributed this mainly to the long period of lockdown as part of the precautionary measures to stem the spread of coronavirus - ZAWYA UAE Edition
Saudi Contractors Authority has called on those interested to participate to take advantage of the opportunities by registering via www.saudifpf.com. Copyright © 2020 Zawya. “Large-scale new infrastructure projects are being impacted, with major impacts on the construction industry,” the authority said while evaluating the impact of the coronavirus pandemic. This website uses cookies to improve your online experience. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Screen, analyze and compare projects in the Middle East and North Africa across Infrastructure, Real Estate, Industrial and Energy sectors with Refinitiv’s Eikon. Anas Ibn Malik Road, Al Malqa, Riyadh, 13521, Saudi Arabia, Tel +966 920000968, Council of Economic and Development Affairs, Economic Cities and Special Zones Authority. Saudi Contractors Authority has announced the second edition of the Future Projects Forum (FPF), which will be held on the 25-26 Feb 2020 in Riyadh. The forum is one of Saudi Contractors Authority’s initiatives that offers an opportunity to create a platform to bring together investors, project owners and contractors in order to discuss future projects in the contracting sector. The authority attributed this mainly to the long period of lockdown as part of the precautionary measures to stem the spread of coronavirus. In the second edition of the forum, the project owners will include a number of major players in various sectors, including industry and mining, including the Ministry of Energy, the Ministry of Industry and Mineral Resources, Saudi Aramco and Saudi Basic Industries Corporation (SABIC). All Rights Reserved © 2020. Riyadh will witness the largest gathering in the construction sector with the participation of a number of ministries, authorities, leading national companies and private companies, to display projects with an estimated value exceeding $119.9bn (SAR 450bn). Foreign workers wearing protective face masks and gloves work at a construction site, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia, May 7, 2020. Construction Week's print and digital products cover emerging trends, contract and project updates, and product innovation, making them the premier source of information for the Middle East’s government and private-sector construction supply chains. Want more construction news and views from the Middle East? The projects are distributed in a number of different sectors such as: projects linked to the Kingdom's Vision 2030, oil, gas, energy and water projects related to the Public Investment Fund (PIF) portfolio, operation and maintenance projects, infrastructure projects, and residential projects. The Future Projects Forum, organised by Saudi Contractors Authority, will take place in Riyadh in Feb 2020, A round of the thirteen winning names at the Construction Week Oman Awards 2020 that, AESG’s Phillipa Grant, Burohappold’s Farah Naz, and Samana's Imran Farooq on a sustainable built environment, Meet the winners in all 10 categories and learn more about Vision 2030 in this. More than 30 government bodies and companies will showcase investment opportunities and future projects at the event.
The authority attributed this mainly to the long period of lockdown as part of the precautionary measures to stem the spread of coronavirus. Email us at editorial.zawya@refinitiv.com, or send us your company press releases to pressrelease.zawya@refinitiv.com. Dhow Net does not warrant the accuracy, adequacy or completeness of this information and expressly disclaims liability for any errors or omissions. It is worth mentioning that the first edition of FPF saw the participation on 23 entities who showcased their projects, which prompted the Saudi Contractors Authority to increase project owners and contractors lined up for the next edition. Read our Terms and Conditions of Use.
05/10/2020 CMA Approves Saudi Arabian Fertilizer Company (SAFCO) ... to SAR (4,760,354,040) by issuing... 05/10/2020 The Capital Market Authority approves the request to change the name of Mekyal... Based upon the Capital Market Law issued by Royal Decree No. All content published in the magazine is accessible on its dedicated website, as well as its social media channels. FPF is recognised as the first and largest forum of its kind in the Middle East, and covers the latest construction, development and opportunities. To run from February 26 to 27 at the Crowne Plaza Riyadh RDC hotel, the FPF is envisioned as a platform to "bring together investors, project owners, and contractors" to discuss … Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. (For best results, keep it short and avoid the article ‘al’ and words like ‘company’), Top Companies in Bahrain Kuwait Oman Qatar Saudi Arabia UAE. Have news to share? by Martin Menachery.
Makkah Construction exempts tenants from rent for six months, Cement sales in Saudi Arabia continue to rise in September, Egypt invests in developing cotton spinning, weaving companies, Virgin Hyperloop picks West Virginia to test high-speed transport system, MENA construction sector faces severe slump; slow recovery seen in 2021, Top list: Five biggest concerns of MENA business leaders, Moody's assigns new ratings to Saudi domestic sukuk issuance programme, GCC stock markets review: Saudi recovers strongly in September, UAE ends mixed, Dubai's Aramex to book $15mln for Beirut blast, Morocco fire damages, Dubai house prices hit lowest level in a decade; sales of ready homes double. Saudi Contractors Authority will showcase projects worth more than $53 billion at an upcoming industry event, Future Projects Forum (FPF), being held in capital Riyadh in line with the goals of Vision 2030. The tourism and leisure sector is represented by Al-Qudiya, Amala and Red Sea, and from the transportation sector, the Ministry of Transport, the General Authority for Aviation, the Saudi Railways Company (SAR), as well as government agencies such as the Ministry of Housing and the Ministry of Labour. Quickly uncover hidden opportunities with comprehensive data and content. “The value of projects that were awarded during the period between January and March amounted to SR97.5 billion,” the authority said and expected that if the lockdown continues in the construction sector for a period of six months, the value of total projects to be awarded in the year would reach SR120 billion. Dhow Net is your reference on major organizations and prominent people in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Sign up now to receive our specially curated newsletters. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. (M/30) dated 02/06/1424H and its Implementing Regulations, and reference to the announcement by the Capital Market Authority on … Keep supporting great journalism by turning off your ad blocker. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Saudi Contractors Authority (SCA) aims at organizing and developing the contracting sector, building distinctive productive competencies and creating a safe environment of international quality. They were placed on your computer when you launched this website. Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv. Saudi Aramco partnered with the Saudi Contractors Authority, fostering collaboration at the Future Projects Forum. Disclaimer: The information contained in this profile, including text, links or other items, are provided “as is”. We provide extended company profiles and biographical data to help you with your market intelligence needs, partner selection, due diligence, stakeholder mapping, and reputation monitoring. Saudi Contractors Authority to showcase $53bn projects at 2019 event, Saudi Contractors Authority picks Sabic to raise contracting standards, Day one of Leaders KSA Summit 2020 available, Podcast: Bee'ah on its new HQ and challenging targets, Leaders UAE 2020: Building a sustainable, 'resilient' infra, CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh.
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