GSCCO hosts Jubail Value Proposition event
GSCCO hosts Jubail Value Proposition event
Held at the InterContinental Al-Jubail on Jan. 15, the event drew the participation of more than 100 government stakeholders and maritime industry professionals including representatives of major exporters and importers, logistics companies, transporters and shipping lines from across Saudi Arabia. Among the high-profile attendees were Ali Nasser Al-Khater, deputy director general of Jubail Commercial Port (JCP), Abdul Aziz Al-Rayees, representative of Saudi Ports Authority (SEAPA), Omar Mosaid Al-Subaiee, captain at Jubail Coast Guard, and Nasser Al-Dossary, deputy director general of Jubail Customs.
The one-day flagship event featured a series of interactive presentations and discussions that highlighted the value proposition that JCP presents to industrial and commercial entities in the region. Saleem Kadernani, group commercial manager at Gulftainer, delivered a presentation on Jubail’s capabilities and the benefits the port can offer to shipping lines, exporters and importers. Other distinguished speakers included Mohammed Abdul Aziz bin Battal, director of MEA Solids Supply Chain at SABIC, and Ahmed Hassan Gomaa, logistics and customs coordinator at Técnicas Reunidas.
Ranked the Middle East’s fastest-growing port in 2017, JCP serves as an ideal hub not only for industrial exports but also for imports to the dynamic markets of Saudi Arabia’s eastern and central provinces. It is currently a port of call for almost all global shipping lines with direct weekly services and has one of the fastest customs clearance processes in the country.
In his keynote address, Iain Rawlinson, group commercial director of Gulftainer, said: “The Jubail Value Proposition event aligns with our vision of developing world-class port infrastructure that is critical for economic development and trade activity in the region. The Saudi government’s concerted efforts to diversify the economy and its commitment to innovation have catalyzed growth in the country’s ports and logistics sectors. I hope that today’s discussions provide you with innovative insights that encourage new ways of doing business in Jubail so that we can leverage the city’s unique status as a logistical gateway and prominent trade hub for the region.”
Richard James, managing director of GSCCO, said: “Jubail’s strategic geographic location has enabled it to evolve into a pivotal gateway for international trade and industrial activity, enhancing Saudi Arabia’s economic and trade potential. The city is home to our flagship facilities, including the Jubail Container Terminal (JCT), that contribute significantly to the region’s economic activity.”
32 countries taking part in Saudi Build 2018
The Riyadh Exhibitions Company Ltd. is hosting Saudi Build 2018 from Monday to Thursday at the Riyadh International Conference and Exhibition Center. The Saudi Export Development Authority, which seeks to strengthen Saudi Arabia’s non-oil exports in line with Saudi Vision 2030, is the event’s platinum sponsor.
The event comes at a time when the Saudi building equipment market is steadily growing. The industry is expected to achieve a compound annual growth rate of 3.1 percent between 2017 and 2022.
The 30th edition of the largest international construction technology and building materials exhibition in Saudi Arabia brings together local and international experts, decision-makers, and leaders to discuss emerging investment opportunities arising from the government’s $3.5 billion allocation for the construction of roads and bridges this year. Allocating higher funds aims to further diversify the Kingdom’s economy in line with Saudi Vision 2030.
Mohammad Al Al-Sheikh, head of marketing, Riyadh Exhibitions Company Ltd., said: “Saudi Build 2018 is taking place amid increased construction activities, especially in the industrial and commercial sectors, in the local market in keeping with the goals of the National Transformation Program 2020 and Saudi Vision 2030. The event will give all participants a direct access to the promising opportunities the Saudi market has to offer. Investors interested in entering the domestic market and beating the competition will benefit from the event. This year, it will focus on sustainable construction, which plays a key role in the government’s economic diversification plan and sustainability goals. Investors and decision-makers from the government and private sectors are expected to attend to explore current and future construction projects in Saudi Arabia. The construction sector now accounts for 45 percent of the total construction industry in the Middle East.”
Saudi Build 2018 will be held in conjunction with Saudi Stone Tech 2018 and Saudi PMV Series 2018. All three events will give visitors deep insights into the latest innovations and developments in the construction sector. Saudi Build 2018 is expected to bring together 512 exhibitors from 32 countries and more than 15,000 visitors who will participate in the event’s interactive presentations and workshops.
Al Al-Sheikh added: “Saudi Build 2018 is a result of our long efforts to create a world-class platform for local, regional and international building and construction industry leaders, backed with 38 years of experience in organizing a series of leading exhibitions and conferences that contribute to the growth of the Saudi economy. We are optimistic that the event will further enhance the confidence of the international community in the domestic construction industry.
The value of the country’s current construction projects is at $284.3 billion, while over 700 projects are expected to be launched in the coming months and to be completed by 2022.”