Kuwait construction sector poised for significant growth

Kuwait is thriving with USD 188 billion of construction projects currently underway, says dmg, the organisers of The Big 5 Kuwait

With USD188 billion of projects currently under various stages of planning and construction, Kuwait’s construction sector is poised for significant growth. The demand for high-quality infrastructure, along with upscale residential and commercial properties, can be seen in several multi-billion dollar projects including the USD 7bn Kuwait Metro project, USD 3.3bn Kuwait International Airport, USD 2.6bn Subiya Causeway, USD 15bn Al Zour New Refinery Project and the USD 6.2bn motorway construction

Ashley Roberts, Event Director of The Big 5 Kuwait, said: “Kuwait has earmarked USD 7.2 billion from its annual budget for 2015-2016 for the construction sector and accelerated the sector’s growth. To leverage the fresh momentum experienced by the Kuwaiti market, our event will highlight state-of-the-art solutions and products for the construction sector. Following two successful editions, we are upbeat that the 2015 event will generate positive results for exhibitors and visitors alike.”

The third edition of The Big 5 Kuwait will be held from September 14 to 16 at the Kuwait International Fair. One new feature is the addition of a hall dedicated to Building Interiors products. The move is in response to a 2014 Visitor Survey, where 41% of visitors in 2014 requested to see more interiors products. Building Interiors products command a high demand in Kuwait with the combined value of retail, interior and fit-out market standing at USD 31 million.

A second new feature is the over 20 free-to-attend Continuing Professional Development (CPD) accredited workshops. According to dmg events Middle East & Asia, the organisers of The Big 5, they will be highly educational for architects, interior designers, consultants, procurement managers, contractors, real estate developers, engineers, and government sector personnel who can register the points with their professional association or use it as certificate of attendance.

According to dmg, The Big 5 Kuwait 2015 will provide an ideal venue for regional and international manufacturers and distributors of related goods and services to showcase their products to the now-proven lucrative Kuwaiti market.