Sunday, April 8, 2018 — United Arab Emirates, Kingdom of Saudi Arabia and the State of Qatar are among the 29 industry leading countries from around the globe, which have landed in Casablanca day before yesterday (Sunday) in preparations for the 2nd edition of The Big 5 Construct North Africa.
The event is slated to kick off tomorrow (Tuesday) at the Parc Des Expositions de l’Office des Changes. A total of 190 exhibitors are scheduled to showcase their latest products, services and global expertise during the 3-day exhibition.
Known as the premium international construction and manufacturing exhibition, The Big 5 Construct North Africa, which concludes on Thursday April 12th, is expected to draw a total of 4,000 visitors and a bandwidth of diversified industry-related investments, technologies, services and facilities which is forecasted to play a key role in driving Morocco’s economic infrastructure and business opportunities.
Top tier industry giants participate at The Big 5 Construct North Africa
Among the 190 exhibitors at this year’s The Big 5 Construct North Africa from Morocco are Advanced Vision, Ventec, Mall Zellij, and First Therm, with two national associations leading the facilitation of foreign investments into several unique projects in Morocco, servicing new investment opportunities in the nation known for its leading rank as Africa’s construction and manufacturing capital.
Among the almost 200 companies exhibiting at this year’s event, 20 of the biggest national players from Morocco will be taking part at the second edition of the exhibition, and will be connecting with major market players through their products and technologies.
Exhibiting from the Gulf Cooperation Council (GCC), 51 companies are scheduled to showcase their services and new business opportunities for Moroccan markets, as exhibitors aim to strengthen their relations with industry leaders and government officials in Casablanca, and further boost the construction, commercial and real estate sectors in Morocco.
Moreover, 40 free-to-attend CPD (Continuing Professional Development) certified workshops are made available to all industry professionals at The Big 5 Construct North Africa.
Contributing to Morocco’s FDI Growth and Economic Diversification
Muhammed Kazi, Event Director at The Big 5 Construct North Africa, said: “The second edition of the exhibition has achieved substantial new records in the diversification and quality of participation we’ve received since its first edition in 2016.
“We have a total of 29 countries, 190 of the biggest players in the industry and almost 200 companies who are set to showcase their global expertise in line with Morocco’s new legislative framework, which to-date has played a key role driving the nation’s FDI growth.”
He added: “Year on year we’re witnessing increasing interests from numerous local and international companies interested in investing in Moroccan markets, seeing that Morocco is the construction and business hub of North Africa, and is a key gateway for several international companies who are looking to expand their services in the region and the entire African continent.”
Designed to share knowledge and best practices from local and international experts, the educational sessions fall under three main themes: Infrastructure & Project Management, Technology & Innovation, and Design & Sustainable Urban Development.
Kazi explained: "The exhibition functions in-line with the initiatives and developments the Moroccan government is undergoing to support hundreds of millions of dollars in new ventures, as well as the creation of tens of thousands of jobs in the country. This proves that through FDI growth and opening new doors to international cooperation, this will effectively contribute to boosting Morocco’s economy and its construction industry.”
According to research published by the Oxford Business Group, Moroccan construction saw a return to growth in 2014 and 2015, with high demand for housing and investment in infrastructure projects continuing to drive the sector. The construction sector contributed Dh143.67bn (€13.2bn) to the country’s total gross fixed capital formation in 2015, or 51%, according to the MHPV, an increase of 4% over 2014.
Kazi continued: "There's an undeniable demand for more collaboration across the industry. International events like The Big 5 Construct North Africa help create new business, new jobs and new partnership opportunities. Studies have shown that according to the Haut Commissariat au Plan (HCP), the construction sector in Morocco remains a large source of jobs, employing nearly 1m people in 2015, and still growing year on year.”
He noted: “We look forward to growing the exhibition with our esteemed partners and associations from Morocco, and support the market through a free learning and exchange of best practices environment. We are confident that the existing market will pave the way for new alliances, and open new doors for innovative technologies that provide sustainability and strategic growth to Morocco’s construction and manufacturing industry.”
The Big 5 Construct North Africa runs from 10 to 12 April at the Parc Des Expositions de l’Office des Changes in Casablanca, from 10:00 to 18:00 daily. The event is free to attend and part of The Big 5 portfolio of construction events, the largest in the Middle East. To know more, visit: www.thebig5constructnorthafrica.com.