Ahmed bin Saeed Inaugurates 40th Edition of The Big 5
His Highness Sheikh Ahmed Bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group, Chairman of Dubai World, and Noor Takaful Insurance Company, officially inaugurated the 40th edition of The Big 5 at the Dubai World Trade Centre.
The construction industry mega-event is expected to welcome over 2,390 local and international exhibitors from 66 countries showcasing 20,000 building solutions and products to 68,000+ expected participants from more than 130 countries over the four days of the show.
As the region’s largest and most influential event for the construction industry celebrates four decades of success, for the first time, The Big 5 covers the full construction cycle with six specialised shows: The Big 5 Heavy, Middle East Concrete, HVAC R Expo, Middle East Stone, The Big 5 Solar, and the Urban Design & Landscape Expo.
Vice President Construction – dmg events, Josine Heijmans, said: “Reflecting the impressive growth of the UAE and wider region, The Big 5 has developed into the global hub for the entire construction industry it is today.”
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With more than US$ 800 billion worth of construction contracts awarded over the last ten years, the MENA region’s future projects pipeline exceeds US$ 3.7 trillion.
Construction projects alone account for US$ 2.4 trillion, according to a recent report by MEED Projects published by The Big 5. 59% of these upcoming construction projects are for mixed-used buildings, followed by infrastructure (21%), apartments, houses and villas (7%), airport, port and rail terminals (6%), hotels and resorts, hospitals and clinics, government facilities, and offices.
The Big 5’s inaugural one-day CEO Forum began with insightful panel discussions on developments in the MENA construction industry, synergies between different stakeholders and the future of the construction industry.
he exclusive Voice of the Construction Industry Report on current and upcoming industry trends, opportunities and challenges faced by industry stakeholders, developed by The Big 5 in collaboration with GRS Research & Strategy Middle East, was also unveiled to the CEO forum attendees.
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