10 – 12 APRIL 2018 Jeddah Centre for Forums & Events
THE KINGDOM’S PREMIER EVENT FOR THE STONE AND SURFACE DESIGN INDUSTRY (III)
THE EXHIBITION, CONSTRUCTION INDUSTRY AND MARKET REPORTS
Stone & Surface Saudi Arabia is the only event in the Kingdom dedicated to connecting suppliers of interior and exterior surface design materials and machinery with industry professionals, who are responsible for specifying and procuring these products for the commercial, residential, hospitality, and other real estate development projects.
At the show will be displayed the latest designs in natural stones, covering, flooring and other surface design products and innovative solutions – from marble, granite, tiles, ceramics, wall covering, flooring products, paints, carpets and other surface design materials at the show.
Participants in the show can meet new suppliers from 18 countries and learn from over 30 hours of CPD accredited sessions at the conference and network with their industry peers.
Stone & Surface Saudi offers the connection between the participants and 5,000+ industry professionals such as architects, interior designers, stone specialists, developers, installers, distributors, fabricators, retailers, contractors, builder consultants, remodelers and other procurement professionals in the region’s most lucrative construction market.
Stone & Surface Saudi brings together the exhibitors and key decision-makers and specifiers of over 4,025 active construction projects in Saudi Arabia who are constantly searching for high-quality, innovative and cost-saving products and installation and maintenance solutions.
Aside from showcasing a wide variety of world-class materials for the Kingdom’s construction and design industry, Stone & Surface Saudi provides free access to CPD-accredited workshops, keynotes, live demonstration sessions and exclusive networking opportunities to its attendees.
ORGANIZERS
dmg :: events Middle East, Asia & Africa
5th Floor, The Palladium, Cluster C, Jumeirah Lakes Towers, P.O. Box 33817, Dubai, UAE
Tel:+971 4 4380355, +971 4 4380361, website: https://www.dmgeventsme.com/
dmg events is an International exhibition and publishing company, dmg events produces market-leading exhibitions and conferences for the global energy, construction, coatings, hospitality and interior design industries.
dmg events is a wholly-owned subsidiary of the Daily Mail and General Trust plc (DMGT), one of the largest listed media companies in the UK. It manages over 80 events in up to 25 countries each year and is currently active in North America, the Middle East, North Africa, Europe, Asia and Australia. Founded in 1989, dmg events organises more than 50 events across the Middle East, Africa, Asia, North America and Europe. Some of its leading brands including The Big 5 portfolio of construction events, INDEX – the Middle East’s largest event for the interior design industry and The Hotel Show, the longest running and most important event for the hospitality industry.
VENUE
Jeddah Centre for Forums and Events
2556 Sultan Ibn Salman, Al-Nuzhah, Jeddah 23532 6582, Saudi Arabia
THE SHOW SECTORS
Stone & Surface Saudi provides the access to a wide variety of top-of-the-line products and services for the Kingdom’s construction and fit-out industry.
From the latest design and innovation in products and technologies to cutting-edge applications and industry best practices, Stone & Surface Saudi offers something for everyone in the following categories:
– Natural and artificial stone, marble, ceramics
– Wall covering and wood flooring
– Architectural exterior and interior surface materials
– Textile covering, wall to wall, section
– Abrasives, adhesives, coatings
– Machinery, tool and equipment
– Composite, resilient flooring
– Machinery, plant and tools for the stone industry
III. MARKET REPORTS
Stone & Surface Saudi is your access to a multi-billion dollar market for stones and fit-out market
The demand for high-quality stone and fit-out materials in the Kingdom is fueled by the active construction projects including some notable mega projects in the country like Lines 1 to 6 of the Riyadh Metro valued at USD 23.2 billion, the Dammam Metro valued at USD 8 billion and Phases 2 and 3 of the King Abdulaziz International Airport Expansion valued at USD 2.5 billion.
Many of the mega construction projects require millions of tons of stone provided by both domestic and international suppliers.
Key Market Stats and Growth Drivers:
New reform policies to generate alternative revenue sources for the government will take effect in 2017. According to the 2017 Saudi Arabia National Budget Report, the country’s reform policies aim to increase the general finances and efficiency of government spending to reach a balanced budget in 2020. The fiscal adjustments in response to low oil prices are expected to give the government additional revenue to sponsor new projects.
According to the BNC Project Intelligence Database, Saudi Arabia has active projects worth approximately USD 700 billion. The main growth is witnessed in the urban construction and transport sectors which constitute approximately 68% of the total project values in the country.
Several key market drivers will support the long-term growth of construction activities in Saudi Arabia. The most notable drivers are the rise in travel and tourism, population growth and long-term government planning.
The GCC stone market is worth over USD 5 billion and constitutes approximately 20% of the global demand in the stone market and stone import value of 178.6 million sqm
BNC Project Intelligence, the official knowledge partner of Stone & Surface Saudi, provides you with valuable market insights on the increasing demand for high-quality natural stones and fit-out products.
REPORTS CONCERNING THE CONSTRUCTION INDUST
RY IN SAUDI ARABIAREPORT 1: SAUDI ARABIA CONSTRUCTION REPORT
This report looks at the major growth drivers in the Saudi construction market and how they will positively impact the demand for stone and surface material.
It also offers a sector wise analysis to identify the main areas of construction and a stage-wise analysis to determine the construction market outlook.
The final section of the report lists some of the major projects in the country, many of which are driving the demand for stone and surface material.
BNC reports high demands for stone and surface materials due to boom in construction in the GCC. Read about the Construction Market Overview and Analysis along with the major Construction Projects of 2017-18.
The demand for stone and surface material in the GCC region is growing at a steady pace. The GCC stone market has an estimated value of over USD 5 billion with a significant portion attributed to the UAE, Saudi Arabia and Qatar due to the high volume of construction in these countries.
A large number of active construction projects in the region are fueling the demand for high-quality fit-out materials. As per the BNC Intelligence, Saudi Arabia makes up almost 20% of the 20,885 construction projects in the GCC. Several of the mega construction projects in the country include Lines 1 to 6 of the Riyadh Metro (USD 23.2 billion), the Dammam Metro (USD 8 billion) and Phases 2 and 3 of the King Abdulaziz International Airport Expansion (USD 2.5 billion).
Many of the mega construction projects require millions of tons of stone provided by both domestic and international suppliers.
According to the BNC Project Intelligence, there are approximately 4,025 active construction projects in Saudi Arabia, of which approximately 70% are coming from the urban construction sector.
The Saudi construction market is expected to recover in late-2017. Some of the main construction growth drivers include government-led initiatives under Vision 2030, increasing population and urbanization trends.
There is a healthy flow-through of projects investments in Saudi Arabia that is supporting an active construction market, notably within the urban construction sector. Despite some market setbacks, approximately 75% of all construction activities are still advancing. It is also noteworthy to mention that 30% of all project investments are in the initial stages of construction which will create new demand for stone and surface material.
There is a wide application of stones and surface material in fit outs and landscaping structures across multiple sectors, especially among high-value project. The major construction projects in Saudi Arabia require millions of tons of stone and are driving much of the demand in the stone market.
The outlook for the Saudi stone market remains positive as construction activities are expected to pick up in late-2017. There is a wide application of stones and surface material in fit outs and landscaping structures across multiple sectors.
The full report can be found here:
https://www.stoneandsurfacesaudi.com/media/1722/saudi-arabia-construction-report-for-stone-surface.pdf
REPORT 2: MEGA ONGOING PROJECTS IN SAUDI ARABIA
The BNC’s report, for Stone & Surface Saudi, highlights the Top 10 Ongoing Project in Saudi Arabia right now.
1. Dahiyat Al Fursan, Riyadh, Est. Project Value: US$ 20 Billion
The project involves construction of 100,000 houses.
2. Holy Haram Mosque Expansion, Makkah, Est. Project Value: US$ 17.2 Billion
The Holy Haram Mosque expansion project will span an area of 456,000 m2.
3. Heart of Jeddah – Jeddah City Centre, Jeddah, Est. Project Value: US$ 4.2 Billion
The project involves mixed-use development.
4. Kingdom Tower – Kingdom City, Jeddah, Est. Project Value: US$ 1.8 Billion
The project involves construction of a 1 km high tower which will comprise of 252 floors.
5. Abraj Kudai Development, Makkah, Est. Project Value: US$ 3.5 billion
The project involves construction of 12 mixed use towers ranging from 30 to 45 floors.
6. Mall of Saudi, Riyadh, Est. Project Value: US$ 3.2 Billion
The project involves construction of a mall spread over an area of 866,000 m2.
7. Expansion of Prophet’s Mosque, Medina, Est. Project Value: US$ 6.7 Billion
The project involves expansion of Prophet’s mosque, in an area of 1,020,500 m2.
8. Lamar Towers – Jeddah Corniche, Jeddah, Est. Project Value: US$ 460 Million.
The project involves construction of two towers occupying 409,770 m2 of built up area.
9. Fairmont Jeddah Hotel & Resort, Jeddah, Est. Project Value: US$ 399 Million
The project involves the construction of a five-star on the North Corniche.
10. Riyadh Walk – Al Nakheel Neighbourhood, Riyadh, Est. Project Value: US$ 320 Million.
The project involves construction of a mall.
The report includes details per project such as: Project Type, Project Stage, Est. Completion Date, Location, Developer, plus a short presentation.
The full report can be found here:
https://www.stoneandsurfacesaudi.com/media/1834/mega-ongoing-projects-list-for-middle-east-stone-01-03-17-2.pdf
REPORT 3: SAUDI ARABIA OVERVIEW- ACTIVE PROJECTS
BNC consolidates a report for Stone & Surface Saudi indicating the sector-wise project distribution of funds for the construction sector in Saudi Arabia.
Infographics can be found here:
https://www.stoneandsurfacesaudi.com/media/1721/sss-overview-active-projects.pdf
DATA RECEIVED FROM:
https://www.stoneandsurfacesaudi.com/
www.bncnetwork.net
https://www.eventseye.com/fairs/f-stone-surface-saudi-expo-23732-1.html
http://www.eyeofriyadh.com/events/details/stone-and-surface-saudi-2018
https://10times.com/about
Kallirroi Pavlakou
International News and Markets
