The Big 5 Construct Nigeria Paves the Way for Industry Growth

The Big 5 Construct Nigeria Paves the Way for Industry Growth

Leading trade show underpins the advancement of the Nigerian construction industry

• Nigeria is the number one construction and infrastructure market in West Africa 
• The Nigerian government has allocated $123.1 billion for critical infrastructure projects between 2021 and 2025 
• The Big 5 Construct Nigeria is the country’s largest gathering for the construction and infrastructure community, expecting exhibits from over 130 international and local construction products, services and technology companies.

Lagos, 23 August 2022:  At The Big 5 Construct Nigeria, taking place between 27 and 29 September 2022 at the Landmark Centre in Lagos, leading industry buyers and sellers from Africa and beyond will come together to promote innovation, share cutting edge knowledge, and accelerate business, in a safe and convenient environment.  

Following the disruptions forced on the construction industry in recent years due to the pandemic, latest forecasts predict industry growth of 5.7% in 2022, and suggest that construction activity in Nigeria will surpass pre-COVID levels by 2023. This growth is supported by the Nigerian government’s investment in infrastructure and housing development projects, with $123.1 billion allocated for critical infrastructure projects between 2021 and 2025.

“Launched in 2019, The Big 5 Construct Nigeria is now earmarked as the yearly gathering of construction professionals to engage both with the local and international community, as a place to source, learn and develop new skills. By bringing together experts and suppliers from around the world to engage with the local construction community, the event plays a direct role to support the needs of the country's infrastructure and housing development projects,” says Ben Greenish, Senior Vice President, dmg events. 

From building materials and tools, interiors and finishes, to solar and urban design landscaping, the products and services on show will cover the full construction cycle from inception to completion, from leading companies such as Forero Nigeria Limited, Sana Grup and Kohler. In addition, for the first time, the expo will also showcase four new international pavilions from Saudi Arabia, Qatar, Egypt and Kuwait.

Gold sponsor of the event is CDK Integrated Industries, local manufacturer of premium quality sanitary ware, as well as ceramic and porcelain tiles. The company’s outlook for the future of Nigeria’s construction industry is extremely positive. “As a result of to the Federation Government’s import policies, as well as dollar rationing and the impact of Covid on export, logistics and production costs, CDK has experienced considerable growth of over 65% in the last two years,” says CDK Brand and Marketing Manager, Abimbola Onagbade.  

Over and above the wealth of products and services on show from local and international exhibitors, visitors to the 3-day in-person event will have the opportunity to learn valuable industry insights when they attend a series of CPD-certified talks, featuring keynotes and panel discussions led by notable industry experts that address the challenges of construction and explore the key components for practical growth and prosperity.

The 3-day Industry Talks programme will focus on three core themes of technology, project management and architecture, and will include discussions on the trends and opportunities driving the ongoing digital transformation across Nigeria, as well as green architecture and project cost control budgeting. In addition, several masterclasses will be offered by the Chartered Institute of Building, such as sustainable project management implementation, the redesign of streets in African cities and tips to building sustainability credibility. 

“The Big 5 Construct Nigeria continues to propel change and is a must-attend event for buyers and brands across Sub Saharan Africa who are looking to be inspired by other trend-setters and innovators within the industry,” concludes Greenish.

The Big 5 Construct Nigeria will take place at the Landmark Centre in Lagos from 27-29 September 2022, from 10:00 – 17:00 daily and is free to attend for all industry professionals.

For more information or to register, please visit:  https://www.thebig5constructnigeria.com

ENDS

About The Big 5 Construct Nigeria

The Big 5 Construct Nigeria is a unique platform bringing together influential decision-makers, innovators, and suppliers from the region and beyond. The event offers visitors a opportunity to connect with 8000 of their industry peers, find the right products & solutions from over 120 international and local exhibitors and earn free CPD points through a curated talks programme.

For more information, please visit our website: www.thebig5constructnigeria.com 

About dmg eventsv

dmg events is a leading organizer of face-to-face events and a publisher of trade magazines.

The company aims to keep businesses informed and connect them with relevant communities to create vibrant marketplaces and to accelerate their business through face-to-face events.

dmg events organizes more than 80 events across 25 countries, attracting over 425,000 attendees and delegates every year. The company’s portfolio of products includes many industry-leading events in the energy, construction, hospitality & design, coatings, and transportation sectors. ADIPEC, The Big 5, Gastech, EGYPS, The Hotel Show and INDEX are the company’s flagship events. 

So Where are the Jobs?

So Where are the Jobs? For The U.S. Economy, Bouncing Back Is Hard To Do
Construction, Finance, State/Local Government Holding Recovery Back

PR Newswire

NEW YORK, May 5, 2011

NEW YORK, May 5, 2011 /PRNewswire/ -- When it comes to recessions, the U.S. economy doesn't bounce back like it used to, The Conference Board reports in an analysis released today.

By March 2011, the number of people employed in the U.S. was only 0.2 percent higher than in June 2009, when the recession ended, notes the report, entitled So Where are the Jobs?

The current recovery is the second slowest on record since 1961 – continuing a trend that began in 1991 of weak growth in both jobs and GDP. In the last three recoveries, neither GDP nor employment "roared back" as was typical after earlier downturns.

In the current recovery, some industries are doing better, others worse. "When looking across industries, the current recovery is showing some unique trends," says Gad Levanon, Associate Director of Macroeconomic Research at The Conference Board, and author of the report. "For example, employment in construction, finance and state/local government is not only declining, but declining much faster than in any other recovery since 1960. The decline in these industries is a result of forces that go beyond the ups and downs we see in typical recessions, and a strong bounce back is unlikely in the near future." Since the end of recession, total employment in construction, finance and state/local government declined by 1.06 million jobs, while the rest of the economy added only 1.3 million jobs.

The Conference Board report includes a breakdown by industry, including a listing of job recovery rates by sector and over time. For example:

* Hardest Hit : The number of jobs in construction (-8.1 percent), finance (-1.8 percent), and state and local government (-1.0 and -2.6 percent respectively) continued to decline in the 21 months after the end of the recession.
* Disappointing : Healthcare and leisure and hospitality jobs have recovered, but at a rate slower than any since 1960.
* Doing OK : Manufacturing suffered less job loss than in recent recessions, and in the last 12 months, manufacturing employment has grown at the highest rate since the 1990s.
* Shrinking Government : The growth in federal government jobs during the recovery has been historically high (38,000), but not enough to offset the unprecedented losses in state and local government jobs (-429,000).


Employment Outlook

In the near-term, employment growth will continue to be slow. The housing downturn, high oil and commodity prices, government austerity measures and limited consumer spending will prevent GDP growth from being more robust. Unemployment is likely to remain above 8 percent through 2012. The Conference Board forecasts GDP to grow at about 2.5 percent in 2011 and 2012, much lower than the rate of 3.5 to 4 percent typically reached during expansions.

Adds Levanon: "Longer-term prospects are more promising, however. In the last six months, employment outside of construction, finance and state and local government has already been growing faster than nearly any other six-month period in the last decade. Once constraints in these hard-hit sectors loosen, overall job recovery is likely to pick up pace."

Source: So Where are the Jobs? For the U.S. Economy, Bouncing Back is Hard to Do

Executive Action No. 349

The Conference Board

About The Conference Board

The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States. www.conference-board.org

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Web Site: http://www.conference-board.org

Video: The British Secretary of State for Business Hails the Accelerated Construction of Dubai Metro, RTA Drive towards Mass Transport

The British Secretary of State for Business Hails the Accelerated Construction of Dubai Metro, RTA Drive towards Mass Transport


Dubai, April 17, 2009 /PRNewswire/ — Roads & Transport Authority - Mohammed Al Munji:

H.E. Peter Mandelson, the British Secretary of State for Business, Enterprise and Regulatory Reform, praised the use of the latest technologies in Dubai Metro Project, and lauded the deluxe finishing of the metro coaches & stations. He also praised the efforts of Roads & Transport Authority (RTA) in expediting the construction of this vital project in a record time. He stated that RTA was bound to complete and deliver Dubai Metro ahead of schedule judging by the fast pace of construction works in the project.

The above statement was made by the British Minister, in a meeting he and the accompanying visiting delegation held with H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of the RTA. The meeting explored ways and means of boosting relations and the exchange of expertise between the RTA and the British organizations engaged in roads & transport sector.

Al Tayer briefed the visiting British Minister on the details of Dubai Metro Project comprising the Red and Green Lines. He explained that the Red Line extended 52 km (5 km of which are underground) and consisted of 29 stations: 4 underground (Burjuman, Union Square, Riqqa and Port Saeed) and 25 elevated stations; including 2 stations at Dubai International Airport. He added that the Green Line extended about 22 km (10 km of which are underground) and consisted of 18 stations; 6 of which are underground stations.

The British Minister also reviewed the details of the deluxe and luxurious designs & finishing of Dubai Metro stations. Commenting on the stations Al Tayer said: "Dubai Metro has 48 stations one of them is the Union Square, the world's biggest metro station spanning an area of 25,000 square meters. The Station, which is one of key intersection stations of the Red and Green Lines, consists of two levels, extends 230 meters in length and 50 meters in width, and is situated at a depth of 18 meters. The Station, which comprises commercial outlets & service locations for metro users, has two entry points equipped with lifts & escalators. Four tunnels branch out of the Station bound to Burjuman & Riqqa Stations on the Red Line, and Bani Yas & Salah Uddin Stations on the Green Line. Burjuman Station, which is the other intersection station of the Red and Green Lines, has four entry points equipped with escalators & lifts".

H. E. Mattar Al Tayer then accompanied H.E. Peter Mandelson, the British Secretary of State for Business, Enterprise and Regulatory Reform in a tour of the Trade Center Station on the Red Line, where completion rate touched 80%. The Station has a capacity to handle 11,000 passengers per hour per direction. It extends 130 x 30 meters and has two entrances equipped with escalators and lifts.

Dubai Metro Stations are fitted with platform screen doors synchronized with the train door opening and closing mechanism in order to provide the highest levels of passenger comfort, safety and security as well as preserving the efficiency of the air-conditioning system operating in the interior of both stations and train carriages from the external climatic impacts. Most stations are linked with air-conditioned footbridges providing roomy corridors for public crossing over Sheikh Zayed Road. These crossings, which are fitted with travellators and boast high quality finishing, are bound to revolutionize the culture of linking and interacting between pedestrians and the city. Ultimately they are set to boost the drive towards minimizing the reliance on using private vehicles.

At the end of the meeting, Al Tayer invited the British Minister to attend the launch of the first stage of Dubai Metro passenger service slated for 09/09/2009.

Contact Details:
Roads & Transport Authority
P.O.Box: 118899
Dubai, United Arab Emirates.
Tel. : 00971 4 2844444, Fax : 00971 4 2065555
Call Center : 8009090
info@rta.ae




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