Business

Big 5 Construct Nigeria to launch major building, construction event in Lagos

264

One of the largest construction company in the world will launch the Big 5 Construct Nigeria next year in Lagos.

The Big 5 Construct Nigeria will introduce the successful  Big 5 international construction brand to the Nigerian market in Lagos, and significant demand from international construction suppliers has already shown that they will welcome this new channel into a valuable regional market.

The launching will mark the brand’s launch in West Africa, says the construction giant in a statement sent to Per Second News.

“The opportunity to adapt The Big 5 brand to this new region was ripe for development,” said Andy White, Senior Vice President – Construction.

“Over the last three years dmg events has expanded into Southern, East and North Africa through a combination of new launches and strategic acquisitions. Bringing our most successful construction brand, which is thriving in other locations, to Lagos is a logical and exciting next step, he said.

Andy White

With the largest population in Africa, Nigeria is one of the economic powerhouses of the region and the continent. In April the International Monetary Fund forecast the country’s economy would grow by 2.1 per cent this year, while the World Bank suggests that the country’s growth will strengthen in the medium term, helping it to reach 2.8 per cent by 2019. This outlook has already encouraged foreign investment into the country via government debt instruments. By the end of the first quarter this year the country attracted $16 billion, up 300 per cent year-on-year.

Funds are being put into the country’s development, with the Federal Executive Council recently approving $190 million for the construction of roads. A host of other large scale infrastructure and construction projects, including rail, retail, new trade zones and cities, are also on the way.

“These development plans are creating huge demand for international suppliers to bring their products and technologies into the country, where there is a real thirst for the knowledge and innovation our exhibitors can offer,” said White.

Exhibitors and visitors alike will find features familiar from The Big 5 throughout The Big 5 Construct Nigeria. Alongside the international and domestic exhibitors, the event will include free-to-attend CPD workshops and seminars to update attendees on the latest industry innovations, best practices and practical ideas. These certified workshops will be delivered by experienced professionals ready to share ideas with an audience eager to learn. Other features include specialized zones that enable visitors to rapidly find and research the products they are looking for, live demonstrations and plenty of opportunity to network with industry peers.

The launching is being put together by the dmg events, a leading international events company.

The event will take place on 10-12 September 2019 at the Landmark Centre in Lagos.

 

 

 

 

Leave a comment

Related Articles

UBA to empower MSME’s with wealth management strategies at its ‘Built to Last’ series

As part of its commitment to deepen the growth and sustainability of...

FirstBank Hosts First-ever China-Africa Interbank Association Forum

FirstBank, the premier West African financial institution and financial inclusion service provider,...

UBA to raise N239.4bln via right issues – Elumelu

The Group Chairman of United Bank for Africa, Tony Elumelu, has announced...

Nigeria’s Domestic Debt Reaches N66.957trn in H1 2024

Nigeria’s domestic debt stock has surged to N66.957 trillion in the first...

China’s imports from Nigeria soar to $15.1bln, 36.1% increase

China’s imports from Nigeria have reached an all-time high of $15.1 billion...

Bitcoin Surges to New High on Trump’s Presidential Victory

The price of bitcoin has skyrocketed to a record high of $75,345,...

Polaris Bank wins “Best Mobile App” award at Digital Jurist Awards 2024

For its commitment to digital innovation and excellence, Polaris Bank has again...

SanDisk extreme portable SSD: A must-have for Nigerian remote workers, freelancers

Julius Babarinde As the Nigerian work environment continues to evolve, remote work...

Media capacity-building: Polaris Bank trains 5,000 Nigerian journalists in 10 years

As part of its media capacity-building initiative, Polaris Bank Limited, Nigeria’s leading...

Nigeria to issue diaspora bond in US, targets $1bln monthly remittances

Nigeria is planning to issue a diaspora bond in the United States...

System upgrade: FirstBank enhances supplier’s platform, guarantees uninterrupted, seamless services

FirstBank has reacted to a misleading report circulating in the media regarding...

Reps to CBN: Withdraw old naira notes before December 31 deadline

The House of Representatives has called on the Central Bank of Nigeria...

US-Nigeria trade relationship hits $10bln mark

The United States and Nigeria have achieved a remarkable milestone in their...

NNPC Retail Sensitizes Auto Mechanics on CNG Adoption, Unveils Oleum Lubricant Range

NNPC Retail Limited, a subsidiary of NNPC Ltd, has taken a significant...

Aliko Dangote’s wealth soars to $28bln as his oil refinery comes on stream

Aliko Dangote, Africa’s richest man, has seen his wealth more than double...

Naira Defies Global Trends, Appreciates 5.7% Against Dollar

The Nigerian naira staged a surprising comeback on Monday, appreciating 5.7 percent...

Naira appreciates 4.49% against the dollar, closing at N1,561.76

The Nigerian naira strengthened significantly against the US dollar on Tuesday, closing...

Nigeria’s foreign investment surges by 152% in Q2 of 2024

Nigeria’s foreign investments, also known as capital importation, have seen a significant...

African oil-producing nations secure 45% of $5bln Energy Bank funds

Afnations have made significant progress in establishing the Africa Energy Bank (AEB),...

FG’s fresh fiscal incentives to attract $10bln to oil and gas sector – Edun

The Federal Government unveiled fresh fiscal incentives to enhance Nigeria’s oil and...