QDB Showcases 29 Local Construction Sector Companies at Big 5 Saudi

Doha, April 04 (QNA) - In its drive to promote Qatari products across local, regional and global markets, Qatar Development Bank (QDB), through the support of its export program, Tasdeer, participated along with 29 leading Qatari companies at Big 5 Saudi, an exhibition for operators in the construction industry. The expo was held recently in Jeddah. The latest participation of Tasdeer comes against the backdrop of a series of initiatives the development agency has undertaken to support the entry of Qatari small and medium-sized enterprises (SMEs) across regional and global markets. Through its involvement in Big 5 Saudi, QDB aims to facilitate the entry of local companies specializing in the construction industry including manufacturers of construction equipment, technology, machinery, materials as well as product suppliers in the largest market in the region. Commenting on the latest exhibition, Executive Director for Tasdeer, Hassan Khalifa Al-Mansoori said: "At QDB, we are delighted to partake in the regional Big 5 exhibition series for the third time. This expo holds particular importance for our local companies as it is considered to be amongst the most important construction sector exhibitions. In the past, Qatari companies have achieved significant success in this diverse sector within Qatar, and we believe that the time is ripe to launch and expand their success story into foreign markets." He continued: "The Saudi market is the premier destination for Qatari products as it is the most important regional market. Furthermore, the culture of both countries and architectural styles are similar, which allows Qatari companies a natural advantage in acquiring important deals in the Saudi Arabian construction sector." The Big 5 exhibition series, held in the Kingdom of Saudi Arabia (KSA) this year, is amongst the most important events in the construction and building materials sector in the region. It brings together five separate product-focused events under one roof, and the Big 5 network today includes more than 300,000 suppliers and buyers from 120 countries around the world. The expo hosts national pavilions representing all major exporting countries of the world, and draws the attention of major developers, contractors, suppliers and distributors from both the eastern and western hemispheres of the globe. The exhibitions success has given rise to various national chapters of the same series, making the Big 5 a global name with editions in Egypt, India, Indonesia, Kuwait, and the United Arab Emirates. (QNA)