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. The event, which was attended by local companies, underlined ROSHN’s approach to both growing the number and capability of local contractors for the Kingdom’s construction industry and diversifying the local economy.
The Bootcamp was designed to help equip contractors with vital construction cost management skills, improving their competitiveness and supporting them to make informed financial decisions. In this first edition, participants learned how to develop accurate cost estimates using effective methods and software tools; strategies to control costs during a project; mitigating cost risks and navigating change; and maximizing profitability through optimized financial management, cash flow forecasting, and value engineering.
Iain McBride, Executive Director of Commercial at ROSHN Group, said: “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 center 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.”
The event underlines ROSHN’s goal of increasing local content and helping to diversify the Saudi economy.
The event featured a series of interactive sessions led by world-class speakers offering global perspectives, diverse experiences, and cutting-edge insight. Alongside senior leaders from ROSHN’s commercial and procurement departments, speakers included Dean Furey, a chartered Director and Head of Real Estate for Turner & Townsend; Charlie Shepherd, a Director of Cost Consultancy with 17 years of experience within the UK and KSA construction industries; Malungelo Msomi, a Chartered Quantity Surveyor (MRICS) renowned for his expertise and proficiency in the construction industry and real estate sector; and Uwais Haroon, an Associate Director with over 12 years of experience spearheading extensive refurbishment, fit out, and new build projects across the UK and Middle East.