Saudi Aramco, a leading global integrated energy and chemicals company, today (May 3) hosted the 2018 Contractors’ Exchange Conference under the theme “Deploying Technology for Effective Project Execution.”

It was attended by more than 400 project management professionals and executives from local and regional contracting companies.

The event was aimed at strengthening the company’s partnerships with construction contractors and create a platform to enhance communication between technology providers to meet the challenges faced by the industry.

Key speakers from Saudi Aramco and the Engineering, Procurement, and Construction (EPC) industry shared their views and experiences on the theme of technology and the positive impact on project execution.

The event included presentations, panel discussions, and an exhibition by several technology providers.  

Speaking at the plenary session, Motaz A. Al Mashouk, the general manager for Project Management at Saudi Aramco, said: "In this year’s Contractor Exchange Forum we are focusing on emerging technologies in project and construction execution. It presents an opportunity for our local industry to rapidly advance its competitiveness and capabilities."

"These advances will help transform the in-Kingdom construction industry, providing increased highly skilled career paths for Saudi citizens," he noted.

The strategic contracting model that Saudi Aramco adopts represents a continuation of efforts to support the kingdom’s development, said Al Mashouk.

"Saudi Aramco's strategy to support the construction sector is not only intended to meet the needs of the company's business at present and in the future, but also reflects its keenness to embody the concept of citizenship in fulfillment of Vision 2030," he added.-TradeArabia News Service