Cityscape Jeddah set for June 7 opening
Jeddah, June 1, 2010
Over 100 real estate companies will showcase their projects and services at Cityscape Jeddah, Saudi Arabia’s leading real estate investment and development event, which opens on June 7 in the Saudi city.
Cityscape Jeddah is being held under the patronage of Prince Misha’al Bin Majed Bin Abdul Aziz, governor of Jeddah at the Jeddah Center for Forums and Events.
Approved by the Ministry of Commerce and Industry, supported by the Jeddah Chamber of Commerce and Industry, the event is expected to revitalize the city’s role as the Kingdom of Saudi Arabia’s ‘Gateway City.'
Final preparations are underway for the opening of the big event, which is set to occupy 10,000 sqm of prime exhibition space.
Many featured projects are linked to the comprehensive 20-year re-development programme being implemented by the local government which will involve development and rehabilitation work on Jeddah’s central and historic districts.
According to organisers, Cityscape Jeddah 2010 will reflect the vibrancy of the Kingdom’s real estate and construction markets.
"Jeddah alone offers numerous investment and development opportunities through its strategic plan to build almost a million units by 2030. A national strategy being planned to open up more housing opportunities for the low and middle income brackets is also expected to influence another property boom," said Deep Marwaha, director of Cityscape Jeddah.
"The wait is almost over, and soon the region and the world will have access to the top business prospects within the lucrative Saudi property market via Cityscape Jeddah."
"We have put everything into place to make this a highly successful edition, and the strong response we have received so far indicates that the show will be pulling in record numbers in terms of attendance, exhibitors, and deals," Marwaha added.
The expo programme includes the annual Saudi Arabia Real Estate Investment and Development Conference, which will be held under the theme ‘Transparency, Investment Models and Future Partnerships.’
The conference will have a more interactive format that will facilitate a greater number of Q&A sessions, expert consultations and information exchange.
More than 40 CEO-level speakers will discuss vital industry issues during the event, while over 200 senior-level delegates will join 12 special panel sessions.
The opening night will also feature the second Cityscape Awards for Real Estate in Saudi Arabia, where top performers in the local property sector will be honoured.
The event sponsors include Sumou Real Estate (Principal Sponsor), Knowledge Economic City (Silver Sponsor), Shuaa Capital (Conference Investment Sponsor) and Laticrete (Awards Sponsor).-TradeArabia News Service