dmg events, a leading international organiser of events, is set to launch Saudi Machinery Expo in 2024 as part of its phased expansion plan.
Saudi Machinery Expo will run as part of a cluster of events at the Riyadh International Convention & Exhibition Centre from September 2 to 4, 2024, alongside the Saudi Warehousing & Logistics Expo and the Saudi Wood Expo, bringing several aspects of factory machinery and equipment together under one roof.
The newest addition to its portfolio of trade exhibitions, the event enables the kingdom’s rapidly expanding machinery and equipment sector to develop new business growth and innovation in line with the ambitious goals of Vision 2030, said dmg events in its statement.
The launch follows the successful introduction of other targeted shows in the kingdom by dmg events such as Saudi Signage Expo, Saudi Hospital Design & Build Expo and Jeddah Construct, which will cater to the growing demand for digital signage and displays, healthcare infrastructure and construction sector in Jeddah.
“Saudi Machinery Expo will be an engine to drive forward the kingdom’s ambitions in the industrial sector,” said Ben Greenish, Senior Vice President, dmg events.
“It promises to be a catalyst towards future-readying Saudi Arabia’s ambitious manufacturing sector and supporting its National Industry Strategy’s plans to build on 50 investment opportunities worth $26 billion. The event will also promote and support the growth of the Kingdom’s domestic manufacturing and machinery industries in line with Vision 2030 objectives,” stated Greenish.
The launch of Saudi Machinery Expo comes at a time when Saudi government aims to triple the manufacturing sector’s contribution to GDP by 2030, achieve an industrial export value of $148 billion, attract $346 billion in sector-wide investment, increase advanced technology product exports six-fold, halve machinery and equipment imports, reduce reliance on imports of cast and forged products and create tens of thousands of skilled jobs, he added.
In line with these ambitious plans, Saudi Machinery Expo will cater to key sectors in the kingdom such as construction, manufacturing, agricultural, and retrofit industries as well as sub-sectors including smart automation and digital factory, parts and accessories; packing and filling machines; foundry equipment; die-casting machines and parts; manufacturing machines and industrial tools; towable, self-propelling, truck-mounted equipment; and processing machines.
The inaugural event will feature more than 80 exhibitors and attract over 4,000 industry professionals from across a host of industry sectors spanning aerospace, automotive, building and contracting, chemicals, electronics and electrical goods, medical devices, metal components, pharmaceutical and biotech, transportation, and others.
“Saudi Machinery Expo will present an opportunity for Saudi Arabian businesses to explore international collaborations, establish trade relationships, and expand their reach beyond the domestic market,” stated Greenish.
The launch of the Saudi Machinery Expo represents a significant milestone for dmg events, which has offices in Riyadh and Jeddah. With a broad portfolio of more than 22 events, the new event highlights the group’s remarkable progress and solid foothold in Saudi Arabia, he added.-TradeArabia News Service