Builders of Egypt Conference kicks off under the patronage of Egypt’s PM, hosting KSA as Guest of Honor

Builders of Egypt Conference kicks off under the patronage of Egypt’s PM, hosting KSA as Guest of Honor

- Eng. Zakariya Abdel Rahman: Enabling Contractors To Explore New Investment Opportunities, Take Advantage of Local and Foreign Powerhouses Is A Core Mission

Cairo: Eng. Zakariya Alabdulqader, Chairman of The Board of Directors at Saudi Contractors Authority, stated that the building and construction sector is considered the second largest non-oil sector with a market value of SAR 255Bn annually in Kingdom of Saudi Arabia, representing 6% of the GDP .

In this regard, the authority has set a strategic vision for building local and regional partnerships , as well as ensuring attractive ecosystems for investments, and innovation, as well as participating in specialized events locally and regionally and offering high- impact solutions for the contracting sector.

In his remarks at Builders of Egypt Conference 2023, he highlighted that the authority pursues contributing to achieving the KSA’s Vision 2023, through executing construction and operational projects, as well as offering services for all the targeted sectors.

The sector also participates in the implementation of major strategic projects overseen by the Public Investment Fund, including NEOM, and The Line. He added that the sector’s role complements with 6 out of 24 pillars of of Saudi Arabia’s vision 2023, as set by Saudi Crown Prince, targeting carry out