Saudi FM calls Indian, Pakistani counterparts to discuss developments    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Arabia cracks down on fraudulent Hajj campaigns, urges pilgrims to use official channels    Nammos Amala Resort to open soon with Saudi-Greek designs    Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as ninth-year milestone marked    Literature Commission inaugurates Saudi Pavilion at Muscat Book Fair    Saudi Minister of Culture holds talks with his Costa Rican counterpart in Jeddah    Alkhorayef praises advancements in Al-Kharj food industries sector    MHRSD: 80% of recruitment offices are non-compliant with regulations    At least 50 Palestinians killed in Israeli strikes across Gaza    Teenage girl killed in French school stabbing attack    Trump claims meeting with China after Beijing denies any trade negotiations    GACA chief chairs 16th meeting of the Steering Committee on aviation's strategy    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



$34bn investment In HVAC R Systems needed amid Saudi construction demand
Published in The Saudi Gazette on 23 - 12 - 2019

HVAC R Expo Saudi, Saudi Arabia's largest event dedicated heating, ventilation, air conditioning and refrigeration (HVAC R) industry, will return to for a 5th edition at Riyadh International Convention & Exhibition Centre on Feb. 11 – 13, 2020, organizer dmg events said.
The announcement comes as opportunities for HVAC R stakeholders in the Middle East market are growing exponentially. GCC investments in HVAC R systems over the next decade is estimated to exceed $68bn in total, according to a recent report published by dmg events and MEED Projects.
As for the Kingdom itself, Event Director for HVAC R Expo Saudi, Roni El Haddad said: "On the back of a construction boom in the country, Saudi Arabia alone represents over 50% of the total needed investments for HVAC R solutions in the GCC over the next 10 years, with $34bn worth of systems expected to be installed in that time.
He added: "As demand increases the market will need to develop in line with government goals such as energy conservation and smart initiatives, making it the perfect time for the local and overseas industry to gather under one roof at HVAC R Expo Saudi."
Expecting to host over 80 exhibiting brands from around the world, HVAC R Expo Saudi is the region's largest, three-day event presenting an unmissable platform for HVAC R industry professionals to network, do business and discover new technologies.
Saud Nasser Al Khusaibi, Secretary General of GCC Standardization Organization (GSO) said: "The mission of GCC Standardization Organization (GSO) is to unify standardization activities among the GCC member states in order to promote industry and to boost sustained development of the collective economy in turn. Such activities adhere to the best international practices, and contribute to the protection of the customer, environment and public health."
He added: "In light of this mission, GSO is participating at HVAC R Expo 2020 to provide the Kingdom's industry professionals with an overview of the latest technical legislation requirements applying to them and their field, and to encourage growth and development in the HVAC R sector."
Products on display at HVAC R Expo Saudi will relate to climate control, air quality and ventilation, air conditioning, refrigeration and heating, HVAC equipment and services, and building automation. Industry heavyweights already signed up to exhibit include the likes of Carrier Middle East Equipment, Zamil Air Conditioners, Alessa-Samsung-Crafft, Conex Banninger, and for the first time GreenAire, to name but a few.
Vineet Kashyap, Managing Director, Carrier Middle East Equipment, said: "We are happy to participate in this annual forum as KSA is a key geography for us and we are very committed to the segment. We get to meet customers and regulators during the HVAC R Expo and explain our offerings to them, while learning from their experience of what they need."
To encourage the transferring of knowledge at the event, HVAC R Expo will once again feature 30 free-to-attend and CPD (Continuing Professional Development) workshops. Running across two theatres, workshops will be split between the Master Class series and Training Theatre sessions.
The Master Class series will offer a first hand-look at new solutions and innovations in the HVAC industry, delivered by manufacturers themselves, whereas the Training Theatre sessions will delve into the latest trends and approaches in the worldwide market, presented by consultants and regulators in the field. — SG


Clic here to read the story from its source.