GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share

17.4% increase in UAE active construction projects draws to Dubai 2,500+ companies from around the world

Monday, November 27, 2017:  The continued expansion of construction activities in the GCC region is attracting an increased number of international exhibitors at The Big 5 this year. According to the latest statistics by BNC Network, there's been a 17.4% growth in the number of active construction projects in the UAE in 2017 compared to the previous year, and an 8.6% increase in terms of value, which reached USD 818 billion.   

“Over 2,500 companies from 60 countries have chosen to come and exhibit their construction products and solutions at The Big 5 in Dubai this year. Some of these are participating to the event for the first time proving that the UAE are now more than ever ‘the place to be' for international construction players,” says Josine Heijmans, Portfolio Event Director of The Big 5. “More than that, we expect 79,000 visitors from over 140 countries to attend the 38th edition of the show; that's a clear proof of Dubai's recognized role as a leading business hub, which extends well beyond the Middle East region.”

In 2016, the UAE imported construction products and materials worth approximately USD 13 billion to complete the 11,755 projects currently under development across the country. China ranked number one among the UAE's international suppliers, with a 30% market share and exports of about USD 3.9 billion last year, followed by Germany and the United States.

With a market share of 6.9% and a total value of USD 890 million in 2016, Italy is UAE's fourth supplier in the construction sector. The premier market in the Middle East for Italian exports, the United Arab Emirates last year imported products from Italy worth USD 6.3 billion, and the trend in the first half of 2017 keeps growing.

Almost 350 Italian companies are showcasing their solutions for the built environment at The Big 5 this year, confirming Italy's strong involvement in the UAE's construction sector. For the first time, the Italian Region of Sicily also participates at the event, with over 30 Sicilian exhibitors showcasing interior and exterior furnishings and decoration made of marble, wrought iron, ceramics, textiles, stone and wood.   

Gianpaolo Bruno, Italian Trade Commissioner to the UAE, Oman and Pakistan, ICE (Italian Trade Commission) said:  'Italy is proudly present at Big5 2017 with a massive participation of more than 300 companies specialized in a wide spectrum of activities within the construction industry value chain. For Italy the UAE and the Gulf region have always been a strategic market of paramount importance for our firms whose competitive edge resides in great quality of products and services, systematic innovation driven by intense R&D investment, design and aesthetic excellence and high degree of flexibility to adapt to clients' needs.'

Germany, UAE's second largest supplier of construction products and materials, holding a 7.9% share in a market, participates at The Big 5 2017 with over 140 companies. From Baden-Württemberg, Leichtbau BW has brought to the event several exhibitors focused on lightweight construction.

According to Dr. Wolfgang Seeliger, Managing Director of Leichtbau Baden-Württemberg, “The United Arab Emirates are an innovative and interesting market for new ideas, technologies and materials. The Big 5 is a good platform to show this and present the knowledge and competence of companies from Baden-Württemberg to a wide range of visitors and experts. We see lightweight construction as a holistic technology that still has untapped potential in the construction sector: by reducing mass, lightweight design can reduce the amount of concrete required for construction.”

With over 240 companies, Turkey is one of the top exhibiting countries at The Big 5 2017. Estimated at USD 9 billion in 2016, Turkish bilateral trade with the United Arab Emirates is intensifying, and in the first half of 2017 only, Turkey has more than doubled its market share in the Gulf country, jumping from 2.2% to 5.5%. The construction sector is no exception: the total volume of projects that Turkish contractors have undertaken over the past 15 years in the UAE amounts to USD 9.7 billion.

France, Saudi Arabia, China and Spain have also significant representation at The Big 5 this year. Showcasing 360 degrees building solutions clustered in five dedicated product sectors, the event also offers 70+ CPD-certified and free to attend “Big 5 Talks” that focus on Architecture, Project Management, MEP, Business, Sustainability and Technology in construction.   

On November 28, the GAIA Awards will also announce the most sustainable construction product of the year, selected by a panel of industry experts among exhibitors and non-exhibitors at The Big 5 whose products are distributed within the MENA Region. Organised by dmg events Middle East, Asia & Africa, and under the patronage of the UAE Ministry of Infrastructure Development, The Big 5 runs from 26 to 29 November at the Dubai World Trade Centre, from 11:00 am to 7:00 pm.



Posted by : GoDubai Editorial Team
Viewed 7857 times
Posted on : Monday, November 27, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : International concrete conference & exhibition makes debut in Sharjah
Next Story : At A+A, DuPont presented new Nomex® protective solutions for firefighters & industry workers
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA
Introducing the GUESS Jeans Fall 2018 Collection
Cerruti 1881 MOLVENO timepiece and cufflinks
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com
Hour Choice presents Coach Astor Collection
Nazih Introduces New Dr. Renaud Skincare Range
Carl F. Bucherer Presents Adamavi Collection
Business Wear by Hugo Boss
Head to Modhesh World for Summer Fun Before the School Run
Five Awesome Reasons to Visit LEGOLAND® Dubai During the Eid Al Adha Holiday
The new Rado HyperChrome Chronograph in bronze and high-tech ceramic
Back-to-School Shopping Made Easy with SOUQ.com
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital
Spectacular live entertainment for the entire family at Majid Al Futtaim malls i...
Eid Gift Guide 2018
The Marriott International cyclist team completes 600km R2A cycle challenge
New Addition to the HUAWEI Nova 3 Series: On-trend and fashionable HUAWEI nova 3...
Eberhard & Co. immortalizes a legend
Trend Alert! Clueless About Plaid? kate spade Found Fresh Ways to Showcase the G...
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this S...
The Moon Collection From Lacoste
OMEGA Showcases its Passion for Golf at the 2018 PGA Championship
‘The Little Things' That Makes Summer All The More Enjoyable
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn you...
XTouch Announces the Launch of the Robot Family Range of Rugged Mobile Phones
American Eagle Takes It to the Ne(X)t Level With Fall Jeans Campaign
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp
Let your kids enjoy some dancing at James & Alex Dance Studios
FREE DANCE WEEK is back at James & Alex Dance Studios
The new Hamilton Khaki Field Mechanical
Why Are Chipmakers Making Smaller and Smaller Processors?
VIP Golf Austin Offers Golf Packages For the Avid Tourist
Raymond Weil unveils a new collaboration with Marshall Amplification
Chronoswiss Limited Edition of Flying Grand Regulator Skeleton
Eyesight restored in a rare case of Optic Neuritis
Aperitivo di Ferragosto
Dubai Tourism Publishes ‘12 Steps Towards Sustainability' Manual to Guide Hotels...
LG to Introduce Advanced Stylers With Ai Voice Recognition and Mirrored Glass De...
Samsung Launches the Galaxy Note9 in the UAE
Free Wellness Workshop to address Physical and Mental health issues
Aster Disaster Support Team mobilized to help Kerala flood victims
Department of Culture and Tourism – Abu Dhabi brings excitement to children at S...
Mohamed Bin Zayed Majlis for Future Generations Announces its Second Edition
Carried out by Kalimat Foundation for Children's Empowerment
Freight Growth Slowdown Continues In June
DXC Technology and Amazon Web Services (AWS) Collaborate to Modernize IT Service...
RERA Partners with CBD to Offer Escrow Services for Owners' Association
Secondary Infertility: A Confusing & Emotional Ride Affecting Millions of Women
Turkish Airlines posted USD 258 million Operating Net Profit in the first half o...
Baroncelli Big Date collection from Mido