Saudi to spend $39bn on sustainable projects
Building owners are becoming increasingly interested in saving energy
Saudi Arabia will spend US $39 billion (SR150 billion) on construction of “smart buildings” over the next eight years, to promote long-term sustainability in the country.
Studies show that cooling, heating and lighting systems used by smart buildings can save 30% on energy consumption, cut down 50% of water consumption and minimise up to 90% of waste produced by buildings.
The Saudi Build 2010 and Saudi Stone-Tech trade shows are expected to provide contractors, real estate developers and building owners with direct access to a range of smart building solutions from hundreds of exhibiting companies from Europe, Africa, the Middle East and Asia.
"Building owners are increasingly becoming interested in making their facilities more energy efficient to save money and decrease operating costs. In this regard, smart building solutions provide a convenient way to improve the energy efficiency and optimise the performance of buildings,” said Saudi Build project manager Shahid Bhatti.
“Saudi Build and Saudi Stone-Tech will offer a complete array of smart-based solutions to match the needs of any building. We will have exhibitors from all over the world, including at least 42 national pavilions.”
The two events will be held at the Riyadh International Convention & Exhibition Centre from October 18 to 21.