Business

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

378

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

Tony Elumelu Named to IMF’s Advisory Council on Entrepreneurship, Growth

Founder and Group Chair of Heirs Holdings, Tony O. Elumelu, CFR, has...

2024 financials: UBA gross earnings grow from N2.08trn in 2023 to N3.19trn, grows profit to N804bln

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its...

Access Bank to Honour Power of 100 Awardees at International Women’s Day Conference

Access Bank, a leading financial institution committed to fostering gender equality and...

Air Peace Unveils Unbeatable Offer: N600,000 Discount on London-Lagos Airfare

Air Peace has unveiled an exciting offer for travelers connecting from various...

Tony Elumelu Foundation to Unveil 2025 Class of Emerging Entrepreneurs for TEF Programme

…Tony Elumelu Entrepreneurs have collectively created 1.5 million jobs and generated $4.2...

CBN Raises Alarm Over Illicit Naira Transactions, Urges Strict Measures

The Central Bank of Nigeria (CBN) has expressed concerns over the growing...

Naira Depreciates to ₦1,585/$ in Parallel Market, ₦1,546/$ in Official Market

The Nigerian currency, the Naira, has continued its downward trend, depreciating further...

Lagos State Solidifies Position as Africa’s Economic Powerhouse with $259bln GDP

Lagos State has reaffirmed its status as one of Africa’s leading economic...

Nigeria’s First Lady Commends Economic Team as Country Prepares to Host AFREXIMBANK Annual Meeting

Nigeria’s First Lady, Sen. Oluremi Tinubu, has praised the Minister of Finance...

Transcorp Group Achieves Remarkable Growth in 2024, Posts 107% Revenue Surge, 132% Profit-Before-Tax Increase

Transnational Corporation Plc (“Transcorp” or the “Group”), Nigeria’s leading listed conglomerate has...

Naira Weakens to N1,550 Against Dollar Amid Increased Demand

The Nigerian naira has taken a hit, weakening to N1,550 against the...

Trump Establishes “Strategic Bitcoin Reserve” Via Executive Order

US President Donald Trump on Thursday signed an executive order establishing a...

CBN appoints 16 directors to strengthen its operations

The Central Bank of Nigeria (CBN) has taken a significant step to...

FirstBank holds groundbreaking ceremony for new state-of-the-art eco-friendly headquarters in Lagos

FirstBank, the premier bank in West Africa and a leading financial inclusion...

Tinubu Vows to Adopt Worldwide Best Practices to Revitalize Nigeria’s Economy

President Bola Tinubu has reiterated his administration’s commitment to learning from other...

FirstHoldCo: Reinforcing ESG, sustainability initiatives as it rebrands

By A.Ezekiel In a world where approximately 20% of new businesses fail...

Nigeria’s Net Domestic Credit Declines to N99.41trb in January 2025 – CBN

Nigeria’s net domestic credit has witnessed a significant decline, dropping to N99.41...

Nigeria’s GDP Grows by 3.84% in Q4 2024, Driven by Services Sector

Nigeria’s economy has shown resilience, with the country’s Gross Domestic Product (GDP)...

Tinubu Pledges to Support Fintech Companies, Hails Flutterwave’s Contribution to Digital Economy

In a significant boost to Nigeria’s financial technology (fintech) sector, President Bola...

Naira Appreciates to N1,514/$1 at Parallel Market, Gains N11 in One Day

The Nigerian naira continued its strong performance, appreciating by N11 or 0.72%...