amwalalghad :: Mena in Spotlight with Over $4t Construction Projects

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Egypt "    4.65        Arab Real Estate Investment (A   0.46        Eastern Tobacco   100        Faisal Islamic Bank of Egypt -   41.79        Egyptian Real Estate Group Bea   24.36        GB AUTO   27.48        Egyptian Company for Mobile Se   125.94        Samad Misr -EGYFERT   5.25        Gharbia Islamic Housing Develo   13.28        Egyptian for Developing Buildi   10.23        Paper Middle East (Simo)   7.26        Export Development Bank of Egy   6.03        Naeem Holding   0.22        Delta Sugar   12.06        Misr Chemical Industries   6.59        Egyptian Starch & Glucose   8.77        EL Ezz Aldekhela Steel - Alexa   468.07        Mansourah Poultry   15.81        Arab Valves Company   1.47        National Societe Generale Bank   27.8        Universal For Paper and Packag   6.87        Alexandria Cement   11.86        TransOceans Tours   0.11        Faisal Islamic Bank of Egypt -   7.01        Zahraa Maadi Investment & Deve   51.91        Lecico Egypt   7.93        Egypt Aluminum   15.9        Cairo Development and Investme   15.85        Suez Canal Bank   4.65        Alexandria Flour Mills   15.78        General Silos & Storage   15.08        Rowad Tourism (Al Rowad)   7.4        Mena Touristic & Real Estate I   1.69        National Cement   11.87        Pyramisa Hotels   16.75        Middle & West Delta Flour Mill   32.46        The Egyptian Company For Mobil   103.14        Al Arafa Investment And Consul   0.19        Assiut Islamic Trading   5.65        El Arabia for Land Reclamation   18.84        El Nasr Clothes & Textiles (Ka   0.64        Engineering Industries (ICON)   4.75        Natural Gas & Mining Project (   72.5        North Cairo Mills   16.43        Misr Cement (Qena)   67.94        Arab Ceramics (Aracemco)   24        Arab Pharmaceuticals   14.14        Abou Kir Fertilizers   135.58        International Co For Investmen   24.55        Egyptian Saudi Finance Bank   13.43        El Kahera El Watania Investmen   6.71        El Watany Bank of Egypt   16.84        Glaxo Smith Kline   9.46        Torah Cement   26.66        Paint & Chemicals Industries (   41        Egyptian Gulf Bank   1.38        East Delta Flour Mills   33.22        UTOPIA   7.09        Al Moasher for Programming and   1.05        Naeem portfolio and fund Manag   2.26        Barbary Investment Group ( BIG   1.08        Tourism Urbanization   7.3        Cairo Investment & Real Estate   13.86        South Cairo & Giza Mills & Bak   25        Development & Engineering Cons   9.57        Alexandria Containers and good   91.5        El Arabia Engineering Industri   15.62        

Mena in Spotlight with Over $4t Construction Projects


Published Saturday, 18 August 2012 11:55 | Written by Amwal Al Ghad

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An estimated $4.2 trillion worth of construction projects is currently ongoing in the Middle East and North Africa region, or Mena, with the UAE representing the biggest slice of that at $698 billion.
With sectors such as heating, ventilation and air conditioning, or HVAC, expecting to see an annual growth of nine per cent over the next three years, the opportunities being presented across the region continue to remain at the forefront of the world's construction industry.
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This will be in focus at this year's edition of The Big 5, taking place from November 5-8 at the Dubai World Trade Centre. An event with more than 30 years of history, it has grown to become the largest of its kind for the building and construction industry, and a truly international stage for the Middle East industry. Countries from around the world have also identified this benefit, with pavilions from 30 countries including Italy, Germany, the US, Turkey, the UK, Spain and France .
"Specific product sectors have grown to become extremely important for the event," event director Andy White said. "A number of these sectors are expected to present particularly significant opportunities over the next three years, and with this in mind, we have ensured products are very much focused upon throughout the event."
Last year's event saw a move towards a product sectorised show, making it as simple as possible for participants to access products and services that they are interested in. With the GCC HVAC industry worth around $6.4 billion it is not surprising that this sector represents the biggest at the event, with some of leading brands from across the industry, including Leminar, Primeco, Energy International Duro Dyne, Gree, Eros and TCL.
Another sector with increased presence at the 2012 event is kitchen and bathrooms, with the UAE market size for these materials in 2012 reaching nearly $1.2 billion, a 3.5 per cent increase from 2010. Exhibitors including RAK Ceramics, Emirates Ceramics, Porcellan, Sanipex, Bold International, Du Pont and Saudi Ceramics will all be looking to capitalise on such opportunities.
"There is a definite trend to this year's event in terms of growing product sectors, as you would expect, HVAC is the biggest of those here in this region. With the eurozone crisis and a slowing down of industry across countries affected by these challenges, the Middle East's influence in construction has become a key focus for the world's industry and our exhibitors come here to do serious business," White said.
Khaleej Times