Saudi Export Development Authority are offering significant funding incentives to Saudi-based companies exhibiting at Big 5 Construct Events in Africa.
Construction and infrastructure in Africa are growing exponentially and these projects need products urgently. The Big 5 series of exhibitions can help your business penetrate specific and rapidly emerging markets such as Ethiopia, South Africa, Egypt, Nigeria and Kenya where buyers and specifiers come to source materials.
International exhibitions stimulate export activity, these targeted events enable Saudi-based companies to penetrate rapidly emerging markets in a cost-effective manner. Exhibiting will generate high-quality leads, foster meaningful business connections with local agents / distributors and secure lucrative contracts.
Ethiopia ranks among the world's top ten fastest-growing economies, as reported by the International Monetary Fund. Presently, the construction sector in Ethiopia holds a staggering value of $41bn. The government of Ethiopia is actively seeking foreign direct investment in this industry, backing its efforts with significant budget allocations to foster further growth.
South Africa is set to be the largest industrialized nation on the continent with a GDP of $401bn by 2024. The South African construction market is valued at $25.5 billion and projected to grow more than 3% per year during 2024 - 2027.
Government initiatives like Egypt Vision 2030, the strategic national agenda transforming the country are driving sustainable growth in the construction sector. The Mediterranean Arab state is one of the world’s busiest projects markets, with just under $570 billion worth of active projects.
Nigeria has the biggest economy in West Africa and a rapidly growing population exceeding 200 million. The construction market is set to witness an upward trend of over 2% through 2027, supported by the strategic National Development Plan 2021 – 2025.
Kenya is projected to grow at a CAGR of 7.1% from 2023 - 2027, having reached a market value of $6.7 billion at the end of 2023. The growth is driven by ever increasing construction activity in various sectors including commercial, residential, industrial and infrastructure among others.
Big 5 Construct Africa Events will offer exhibiting companies extensive support when participating. You will receive assistance with travel costs along with information on local suppliers to help design and build your stand. A personalised marketing package consisting of emails, web banners, social media posts, email signatures and more will ensure qualified leads visit your stand and guarantee a ROI.