The Saudi Contractors Authority has announced that the 3rd Future Projects Forum (FPF) will kick off on March 22-24, 2021.
The FPF is one of the authority’s initiatives and it will include in its 3rd edition the participation of 37 government and private entities, offering 1,000 projects worth more than SR600 billion (USD160 billion).
The authority said that the forum aims to improve the plans and decisions of contractors via estimating the time period and costs for implementing the projects.
The FPF is also an opportunity for contractors to explore future projects and opportunities, as it will enable them to plan their future projects.
Furthermore, it is a platform for project owners to present their projects, promoting the principle of transparency and competitiveness, as it is an exceptional opportunity to build relationships.
The authority stated that the FPF 2021 comes after the success of the 1st and 2nd editions.
The two previous editions of the forum benefited several entities including contractors, banks, insurance companies, government and private bodies, suppliers, and the research and studies centers.
The projects that will be proposed at the forum cover different sectors including oil and gas projects, petrochemicals, energy and electricity, infrastructure, housing, and mining.
Notably, the Saudi Contractors Authority was established to organize the contracting sector and boost development in Saudi Arabia.
