‘Saudi Power 2016’ an ideal platform for opportunities

JEDDAH — Saudi Arabia, one of the world's largest markets for power and energy, will be hosting in Riyadh the Saudi Power – a trade exhibition dedicated for the power, solar and lighting sectors in the Saudi Arabian market. The 19th Edition of Saudi Power, held under the high patronage of the Ministry of Water and Electricity, will take place at Riyadh International Convention and Exhibition Centre on May 9-11, 2016. Organized by Riyadh Exhibitions Company, Saudi Power, co-located with Saudi Aircon, covers all sectors of the power industry including power generation, transmission and distribution, solar energy technologies and services, modern lighting products and technologies, renewable energy, waste management, and recycling, the exhibition also showcases the latest environmental technology and innovative products and technologies. With more than 20 participating countries, including Turkey, Germany, China, Italy, Austria, France, India, Pakistan, Lebanon, Qatar, South Africa, Taiwan, The Netherlands, Dubai, England, and others, Saudi Power 2016 is the ideal platform to explore promising business opportunities in the Kingdom, interact face to face with key decision makers from the industry sector including contractors, consultants and utilities. Moreover, reports show that over the next decade the demand for investing in the local electricity sector could reach up to SR500 billion, whereas current investments feature a strong participation from the private sector with a value of SR297 billion in under construction power projects. It is also expected to record an increase in the growth in the private sector investments, where the economy is taking major steps forward, in line with the rapid progress in the region's renewable power sector. — SG