Saudi Binladen Group - Fawaz Alashri Interview
Multinational construction giant, Saudi Binladin Group, attending Stone & Surface Saudi Arabia to fine new methods of stone material installation and source innovative products
According to a report from Timetric’s Construction Intelligence Center (CIC), the outlook for Saudi Arabian construction is on the up. The report states that the industry’s output value is set to rise at a CAGR of 7.05 per cent by 2020, compared to 6.35 per cent between 2011 and 2015, with a rise from US$105.6 billion in 2015 to US$148.5 billion in 2020. This growth is set to be supported by increased government participation and investments in sectors like healthcare, education and infrastructure construction, all aimed at diversifying the economy away from oil to boost future economic growth.
If history is anything to go by, the Saudi Binladen Group – a multinational construction conglomerate based in KSA – is going to play a vital role in this growth moving forward. Established in 1931 by Mohammed Binladin, in 1950 the construction company was tasked with the honour of undertaking the Saudi extension to the Prophet’s Mosque in Madina. Work on this impressive extension was completed during the reign of King Abdul Aziz's son, King Saud bin Abdul Aziz, and as a result of the project’s success, Mohammed Binladin was asked to undertake the extension to the holy Mosque in Makkah, with work on this huge enterprise starting in 1955.
Since then the company has completed and continues to work on several important mega projects in KSA, including a network of highways, Royal Terminal, King Abdul Aziz International Airport, Al-Faisaliyah Center, and many more.
Fawaz Mohammed Alashri, an Architect at the Saudi Binladen Group, will be attending Stone & Surface Saudi from 4–6 April to learn more about the latest technology, discover new methods of stone and other material installation, and source innovative products to assist with the construction of LEED-certified buildings.
When it comes to key trends transforming Saudi Arabia’s stone and surfaces sector, I would say that building material products are being vastly developed. Manufacturers are starting to follow scientific and international standards even more than before, so I think the market is set to mature and flourish.
The future of the industry looks set to be competitive. If you take the leadership’s vision of the future for 2030 in to account, I think the country should be able compete with a variety of industries globally, including construction and raw materials.
I’m coming to Stone & Surface Saudi to test and source more technology and stay on top of the latest products.
I’m hoping to find a variety of new tools and equipment for cutting stones and other raw materials. I’m also keen on viewing new methods of installation as well as innovative products that can assist with the construction of LEED-compliant buildings.
This event is important for the future of Saudi Arabia because people in the industry need to identify the latest developments and fully grasp the country’s raw materials and construction requirements and plans.