Considering the show’s importance in the context of the ongoing construction boom, national debates on the future of the real estate and construction and building sectors will come to bare on the event’s 'Leadership Strategy Day'.

The special lecture series geared toward policy and decision makers will discuss topics that are often brought up in the news media. Experts will talk about the future outlook of this vital industry and sustainable development in the Kingdom at a forum that will be open for registered attendees.

Across Saudi Arabia, business operations in real estate, project management, general contracting as well as any sectors that heavily rely on construction and building endeavors are looking forward to getting a slice of the government spending pie.

High oil prices have made it possible for the Kingdom to bankroll a diverse set of initiatives aimed at addressing the needs of a mushrooming population.

As key stakeholders — both public and private — roll up their sleeves for work, a realization is setting very fast when it comes to the complexity of involvement in such lucrative efforts.

Looking at the general building and construction industry scene at large proves to be a revealing experience. The ongoing controversy of construction material prices dominated national discussions for the past few years. With so many sources of building goods to choose from, quality became a major factor to consider.

Furthermore, there have been assertive voices about the questionable effectiveness of the regulatory environment in which a lot of companies operate.

Recent uproar regarding the price of steel among other construction materials have ignited a noticeable discussion over the importance of logistical reliability of supplies if those mega projects announced in recent years would be built on time with no difficulties.

Saudi companies - along with international firms - are working hard to address those concerns and carve for themselves an advanced position in the race for contracts and new clients.

Hassan Al-Hafiz, marketing manager of Hadeed Al-Rajhi, has emphasized the strong set of capabilities Saudi firms possess.

“Looking at the Saudi construction and building scene, a diverse group of companies exist with a strong determination to offer a hand in the urban and economic advancement of the country. The amount of government investment and the ambitious plans under way do allow a great deal of confidence to be held by companies in the future of this industry. This is even truer for Saudi firms with world-class product quality and international levels of service,” he said.

While being responsible for organizing The Big Five, Andy White confirmed initial perceptions of the need for construction and building industry professionals to be able to designate an event platform to effectively explore new horizons and foster bonds of collaboration among all stakeholders.

Global firms like Jones Lang LaSalle have a shown a great deal of interest in the Saudi market and will be offering its perspective on the Saudi dynamic at The Big Five.