Roshn Group, wholly owned by the Public Investment Fund, recently conducted its inaugural training camp with the aim of empowering contractors, subcontractors, and project managers from small and medium-sized enterprises by providing them with valuable opportunities to hone their skills in the construction sector.
This event, witnessed by numerous local companies, highlighted Roshn’s approach to increasing the number of local contractors and enhancing their capabilities within the Kingdom, contributing to the diversification of the national economy.
The training camp was designed to help contractors gain essential skills in construction cost management, thereby boosting their competitiveness and enabling them to make sound financial decisions.
Participants in this first edition learned how to develop accurate cost estimates using effective methodologies and advanced software tools. They also learned strategies for controlling costs during project execution, how to mitigate cost risks, handle changes, and increase profitability through improved financial management, cash flow forecasting, and value engineering.
We are proud at Roshn to play a leading role in the real estate sector by supporting and developing local companies, as well as enhancing our supply chains through the localization and diversification of resources,
stated Ian McBrayne, Executive Director of Commercial Affairs at Roshn Group. He emphasized that the training camp embodies the company’s core values of empowerment, opportunity creation, and responsibility.
He also affirmed the commitment to raising standards and cementing Saudi Arabia’s position as a center of excellence, with local contractors becoming globally trusted partners following their proven efficiency and abilities in major projects executed to the highest standards.
The training camp hosted a series of interactive sessions led by a cadre of international experts in their fields, sharing their diverse experiences and advanced perspectives. Valuable contributions were made by Dean Forey, the certified director and head of real estate at Turner & Townsend, Charlie Sheppard, the cost consultancy manager in the construction sector, Malongelo Msomi, the certified quantity surveyor (MRICS), and Owais Haroon, the assistant general manager, alongside notable leaders from Roshn’s commercial affairs and procurement departments.