Muscat, Oman, 2 February 2020-Trends in the construction sector are changing the business and global landscape. For the industry, Oman’s in particular, there is a need to adopt new practices, embrace new technologies, automate new systems, and espouse innovation in order to move it forward.

Oman Design & Build Week (formerly The BIG Show Oman), in its uppermost aim to support the development initiatives of the government above and beyond its commitment to continuously provide business and investment opportunities to companies in the sector, is ramping up efforts to expand its building, technology and automation segment.

This year, in this landmark show’s 17th edition, organizer Omanexpo has introduced a dedicated zone for local and international companies to showcase safety and security products and systems, home automation systems, software and project management systems, smart building systems, building technology and equipment, fire protection systems and other innovative and modern technologies in construction that very well represent the digital and technology transformation direction that Oman is taking.

In line with the Vision 2040, where Oman aims to “achieve a digital transformation by deploying Information and Communication Technology (ICT) and other enablers of technological progress,” the government has launched smart city initiatives alongside its e-government initiatives.

Underlining efforts to move towards implementing smart solutions and developing smart city projects are the ongoing key constructions such as the Duqm Smart City (US$ 40 billion), Madinat Al Irfan (also known as the City of the Future, estimated at US$ 5 billion), and the Oman-China Industrial City (US$ 10.7 billion).

Tarek Ali, Senior Event Director, Oman Design & Build Week, says “More and more companies are catching up with the construction tech space and moving away from traditional building methods and materials with the aim to improve efficiency and productivity, reduce cost, speed up the building process, and in the long run, increase profitability. We are glad to provide a platform for these companies who could benefit much from the evolving needs of the industry.”

Occupying the building, technology and innovation zone will be a UK pavilion that will feature companies such as Atamate Ltd, Nudura, Typhoon Performance Products, Reacton Fire Suppression Ltd, HSBCAD Limited and Videcon Ltd, and more, apart from companies from Oman, Qatar and the UAE.

Adding value to the zone are the free-to-attend workshops that will focus on Building Information Modeling (BIM), simulation through Virtual Reality (VR), 4D planning and scheduling. The workshops are certified by CPD and Project Management Institute (PMI).

Oman Design & Build Week is co-located with the third Oman Real Estate Expo, which is supported by the Ministry of Housing and the Oman Real Estate Association (ORA). It is scheduled from March 30 to April 1, 2020 at the Oman Convention & Exhibition Centre (OCEC).

Muscat, Oman, 1 December 2019-Oman’s biggest and most specialized event for the building and construction industry, The BIG Show, was recently relaunched under the new brand Oman Design & Build Week in a move to engage more industry stakeholders and provide wider commerce and investment opportunities to local and international companies and individuals relating to the sector.

The launch of Oman Design & Build Week by Omanexpo comes at a propitious time when the sector is gaining stead with the rise in the number of multi-billion projects on the back of the recent oil price recovery. Construction projects account for the biggest segment of Oman’s projects market by value. Currently, it is the second largest driver of non-oil growth, playing a key role in Oman’s economy.

Tarek Ali, Business Development Manager, Omanexpo, says “We are excited about the evolving opportunities resulting from these projects, as they are greatly impacting building and construction requirements and fast-tracking construction activities. This has urged us to tap more vital segments that will represent all of the key sectors within the industry, which will in turn, expand the product and service range and diversity of the exhibition offerings.”

From March 30 to April 1, 2020, the Oman Convention & Exhibition Centre will be the center of about 1,000 new and innovative products, services, equipment and technologies representing the building interiors and finishes, building envelope and special construction, building technology and automation, mechanical, electrical and plumbing (MEP), heating, ventilation, and air conditioning (HVAC), construction tools and materials, concrete and concrete-related products and plant, machinery and vehicles (PMV) sectors.

“We are seeing close to 300 exhibiting companies with 10 international pavilions represented by China, Germany, India, Iran, Italy, Jordan, Kuwait, Spain, Turkey and the UK. Alongside the exhibition, we have added dedicated free-to-attend CPD-, PMI- and AUD-certified seminars and workshops across three days, which will focus on topics such as Effective Leadership in Managing Engineering Projects, Sustainable Green Energy Management, and Building Simulations and Artificial Intelligence Management Systems, among others,” ” Ali adds.

To date, Oman Design & Build has in its sponsor and partner roster Bin Hayl Group, Al Khaleel Group, Salem Group and Techno, besides the participation of leading companies from Oman.

Oman Design & Build Week is co-located with the third Oman Real Estate Expo, which is supported by the Ministry of Housing and the Oman Real Estate Association (ORA).

Muscat, Oman, 15 October 2019-Omanexpo, the organizer of Oman Real Estate Expo (OREX), and Oman Real Estate Association (ORA), Oman’s real estate regulating body, along with the Real Estate Development Directorate of the Ministry of Housing has announced that the third edition is slated from March 30 to April 1, 2020 at the Oman Convention & Exhibition Centre.

The announcement was made at a press conference held on Tuesday at the W Muscat Hotel. Members of the panel who addressed the media were Engr. Siham Al Harthy, Director General, Real Estate Development Directorate, Ministry of Housing; Hassan Juma al Lawati, Chairman, ORA; Andy White, General Manager, Omanexpo; and Tarek Ali, Exhibition Director, Omanexpo. Also present were the board members of ORA.

Following the successful previous editions in 2018 and 2019, the organizers are anticipating the same enthusiastic response from the business sector. Tarek Ali comments, “OREX will continue to be an appealing platform for local and international investors as it highlights the growing potential of Oman’s real estate market and provides a compact marketplace for sellers and buyers to meet and leverage business opportunities.”

“Despite the recent oil downturn, the property sector is slowly recovering and creating fresh opportunities for tenants and property buyers. This edition will help in further stimulating the market by showcasing what the local developers have to offer. This includes affordable housing, offering long-term installment plans and freehold opportunities for expatriates,” he adds.

According to ORA, the country’s real estate sector is strong, owing to “stabilizing crude oil prices, increased real estate activity and improved economic conditions.” Currently, there is a spate of development projects—residential, commercial, mixed-use and integrated tourism complexes (ITCs) happening all over Oman. Developments such as including Naseem A’Sabah (US$1.04 billion), Sur Gate Project (US$311.7 million), Quriyat ITC Project (US$1 billion), Diyar Ras Al Hadd Resort, Omagine Project, Al Nakheel, and Hawana Lagoons Salalah have led to expansion of the housing market in terms of growth and value.

In 2018, the government has announced its decision to open the doors to real estate investment for expatriates living in Oman. The Capital Market Authority (CMA) also announced its approval to introduce Real Estate Investment Trust funds (REITs) in the Oman, which is seen as “a good vehicle that promises to bring liquidity into the real estate market and encourage developers to come up with different real estate products for investors,” Al Lawati says.