Economic / The Saudi Contractors Authority announces the third edition of the Future Projects Forum for 2021, the Saudi Press Agency

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Riyadh 04 Jumada al-Akhira 1442 AH corresponding to January 17 2021 AD SPA
The Saudi Contractors Authority announced the date for the launch of the hypothetical future projects forum for the year 2021 from March 22 to March 24, as the forum is one of the initiatives of the Saudi Contractors Authority, and this year more than 37 government and private entities participate in it, offering 1,000 projects worth more than 600 billion riyals. .
The authority emphasized that the forum is an opportunity for contractors to discover future opportunities and projects by several government and private agencies under one umbrella, which enables them to prepare their future plans, in addition to that it is a platform for project owners to review their projects and enhance the principle of transparency and competitiveness, and an exceptional opportunity to build relationships.
She explained that the forum aims to improve the plans and decisions of contractors through knowing the time period for future projects and the estimated costs for them. It is also an opportunity for contractors to meet project owners and learn about the requirements, method of registration and required qualifications.
She indicated that several parties have benefited from the forum in its past two versions, the most important of which are contractors, banks and insurance companies, government agencies, private entities, suppliers, research and studies centers, as it aims to be the first national platform that brings together stakeholders in one place and time to exchange information.
The authority stated that the Future Projects Forum 2021 comes after the success of the first and second versions in 2019 and 2020, noting the diversity of projects that will be proposed by the parties participating in the forum, which include oil and gas projects, petrochemicals, energy and electricity, infrastructure, residential, mining, and projects. Operating and Maintenance.
It is noteworthy that the Saudi Contractors Authority was established to organize and develop the contracting sector in a way that contributes to advancing development in the Kingdom, and the Authority seeks to achieve its objectives through the permanent development of all aspects related to the work environment to reach the highest levels of productivity and quality.
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