GCC construction contracts to hit $195.7bn in 2014

The total value of all awarded construction contracts in the GCC was at $159.87bn in 2013, as per a report of Ventures Middle East.

The region’s construction boom driven by massive building and infrastructure spending, will be showcased with all international and regional industry leaders converging on Dubai World Trade Centre this week to attend the Big 5.

It opens today 17th runs up to 20th November at the Dubai World Trade Centre between 11am to 7pm daily.

It’s Middle East Concrete and PMV Live exhibitions and it’s opening tomorrow.

It also offers 55 CPD certified, free to attend workshops, 48 technical seminars and a 2 day conference on Sustainable Design and Construction directly with 8 Middle East project cases directly from the involved developers, consultants and contractors.

To create awareness of new building solutions available in the Middle East, the show has launched the brand new feature called The Innovation Trail, which will highlight over 40 cutting-edge products with cost and time savings features.

The Big 5 edition 2014, with more than 2,700 exhibitors from 60 countries is expected to be 25% over last year’s, with a combined total exhibition space of more than 100,000m².

The show last year received more than 74,000 participants, and organisers are expecting another record year.

“By co-locating the three shows, we provide the most comprehensive platform for industry professionals to come together and leverage opportunities to help drive the region’s upcoming project challenges.  With workshops covering topics such as concrete repair, fire proofing, asset management, vehicle tracking and fleet management, just to name a few, there is simply nowhere else in the region visitors will be able to gain such unique technical knowledge essential to their industry,” said Nathan Waugh, Event Director, PMV Live and Middle East Concrete.