RIYADH: Saudi Arabia is set to host over 550 companies from 43 countries as it announced the launch of the 32nd edition of the Saudi Build International Exhibition in Riyadh later this month amid increasing project opportunities in the construction and housing sectors. This development comes as the Kingdom is undergoing unprecedented growth in construction and urban development sectors that will reshape the country and the region, according to a statement. Saudi Arabia’s Public Investment Fund, royal commissions, related ministries and the private sector are undertaking mega projects and opportunities valued at more than SR4.87 trillion ($1.3 trillion). The statement added that this buildup is coupled with public and private housing projects that are in high demand at the moment, providing an opportunity for companies in the building sector worth over SR3.75 billion.Mohammed Al Husseini, CEO of Riyadh Exhibitions Co., said that the exhibition would be held concurrently with the 23rd Saudi Elenex Exhibition, which specializes in electricity and renewable energy, the Saudi Stone and Marble Exhibition, and the Saudi Heavy Equipment Exhibition. He added: “This makes it a unique platform dedicated to the construction sector that will provide innumerable opportunities and business prospects for investors and trade buyers to secure the best technologies for their needs.” The exhibition will be held concurrently with the International Contracting Conference at the Riyadh International Convention and Exhibition Center from Nov. 14 to 17. It will feature a conference on smart cities, a forum on the future of building and sustainability, and a few workshops on the latest technologies and innovations presented by some of the sector’s leading executives and experts.