July 18, 2024

Roshn Group Launches Inaugural Commercial Bootcamp To Boost Saudi SMEs

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ROSHN Group offers new opportunities to Saudi SMEs with first-ever commercial bootcamp, The Intensive three-day event equips Saudi SMEs and local contractors with trainings and insights to enhance their capacities, skills, and capabilities. Image Courtesy-Roshn Group

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and PIF-owned giga-project, held its first Commercial Bootcamp to empower general contractors, subcontractors, and project managers from Small and Medium Enterprises (SMEs) with more upskilling opportunities in the industry.

ROSHN Group offers new opportunities to Saudi SMEs with the first-ever commercial BootCamp. The Intensive three-day event equips Saudi SMEs and local contractors with training and insights to boost their capacities, skills, and capabilities

According to Industry sources, the bootcamp was attended by local companies that stressed upon ROSHN’s commitment to boosting the capabilities of local contractors and diversifying the Kingdom’s economy.

According to Industry sources, the bootcamp was designed to boost the contractors with essential construction cost management skills, improving their competitiveness and aiding them to make informed financial decisions. In the BootCamp, participants learned to develop accurate cost estimates using effective methods and software tools. They also explored overall strategies to manage and control costs during projects, mitigate cost risks, navigate changes, and maximize profitability through optimized financial management, cash flow forecasting, and value engineering.

Lain McBride, Executive Director of Commercial at ROSHN Group

Iain McBride, Executive Director of Commercial at ROSHN Group, stated: “At ROSHN we are proud to serve as a national champion of the real estate sector to uplift, enhance, and empower Saudi businesses while also strengthening our supply chains through localization and diversification. Our Commercial Bootcamp reflects our values-led commitment to empowerment, opportunity, and responsibility. We seek to raise standards and establish Saudi Arabia as a centre of excellence, where local contractors are recognized as globally trusted partners of choice, having showcased their skills and abilities as part of giga-projects built to international standards.”

Interactive Value-Added Session With Industry Experts

As per the Industry sources confirmation, this bootcamp event also featured interactive sessions powered by globally renowned speakers who offered global perspectives and their diverse expertise. Senior leaders from ROSHN’s commercial and procurement departments were joined by Industry experts like Dean Furey, Head of Real Estate for Turner & Townsend; Charlie Shepherd, Director of Cost Consultancy; Malungelo Msomi, a Chartered Quantity Surveyor (MRICS); and Uwais Haroon, an Associate Director with extensive experience in refurbishment and new build projects across the UK and the Middle East.

ROSHN Group’s initiative truly displays its dedication to raising the bar and standards in Saudi Arabia’s construction industry. By boosting the local contractors with advanced skills and knowledge, ROSHN’s prime mission is to establish the Kingdom as a centre of excellence where local contractors are recognized as globally trusted partners.

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