Data from a new study suggests that the interaction between technology and telecommunication groups from Asia-Pacific and the Middle East regions is reaching the highest level in history.
According to research by global analyst group Fusion Consulting, Asia-Pacific’s ICT market is growing at 8 per cent, compared to 5 per cent globally, and will be worth more than US$400 billion by 2009 – approximately one quarter of the total value of the global market.
This surging growth – along with increasing deregulation and investment within the Middle East and Africa region – has stimulated the development of cross regional partnerships and business opportunities. Financial ties and technology transfer between the Middle East and Asia are strengthening by the day, creating a phenomenon that banking giant HSBC calls ‘east-east’ transactions.
Such impressive growth is reflected in the highest ever number of companies from China, Korea and Taiwan set to participate in GITEX TECHNOLOGY WEEK at the Dubai International Convention and Exhibition Centre (DICEC), 19-23 October 2008. Nearly 250 companies from China, Korea and Taiwan have already confirmed their attendance at the Middle East’s leading technology show.
Helal Saeed Almarri, Director General, Dubai World Trade Centre, organiser of GITEX TECHNOLOGY WEEK said: “The technology sector is changing significantly, with the centre of power shifting East from the US market to Asia and the Middle East. This evolution is reflected by the high numbers of new companies exhibiting at this year’s GITEX TECHNOLOGY WEEK from Korea, Japan and Greater China. This dialogue and development offers huge opportunities for companies from around the world, with GITEX TECHNOLOGY WEEK now positioned as the most comprehensive showcase of the Asia-Pacific ICT industry anywhere outside Asia.”
Companies from the Middle East and Asia-Pacific have built strong working relationships in recent years, particularly in the areas of telecommunications, hardware, and global satellite communications.
A significant number of companies from the Asia-Pacific region will take part in GITEX TECHNOLOGY WEEK 2008, including Malata Mobile, Huntkey, Golden Field, and Somic from China; Micro-Star International, Posiflex, and Ritek from Taiwan; while the Korea Software Industry Association, and Korea Trade-Investment Promotion Agency (KOTRA), are also heavily involved.
KOTRA, which works to stimulate investment into and partnerships with Korea, will take a stand over 260 sqm at the exhibition, hosting a variety of new companies.
“GITEX TECHNOLOGY WEEK is one of our most important events of the year for building relationships with new and expanding companies. There is a real excitement surrounding the opportunities that will be available to create lasting contacts with companies in the Middle East,” said Ki-Hwa Hong, President, KOTRA.
This year’s GITEX TECHNOLOGY WEEK will incorporate a powerful week of dedicated trade events, including GITEX Business Solutions, GULFCOMMS and Consumer Electronics, as well as targeted networking initiatives designed to ensure the event covers the entire technology spectrum.
GITEX TECHNOLOGY WEEK ensures that the most important people in the industry from across Asia-Pacific receive a privileged experience at the show through GITEX Majlis executive business programme. Leading CEO’s from across the region can enjoy easy pre-completed registration, advance issuance and delivery of the GITEX members badge and Executive Lounge facilities.
Last year 3,300 suppliers from 82 countries exhibited at GITEX TECHNOLOGY WEEK covering the entire 64,000 sqm available at the DICEC. Of those attending, 97 percent said the event met or exceeded their expectations.
About GITEX TECHNOLOGY WEEK
Website: www.gitex.com
Dubai World Trade Centre will organise three major components of GITEX TECHNOLOGY WEEK, designed to maximise the value for business visitors and exhibitors.
• GITEX Business Solutions – The Leading International IT Trade Event for Enterprise and SMBs for the Middle East, Africa and South Asia
• GULFCOMMS – The Largest International Telecommunications Trade Event for Mobile, Fixed, IP and Satellite for the Middle East, Africa and South Asia
• Consumer Electronics - The Premier International Trade Event for Consumer Electronics, IT Systems, Components and Peripherals for the Middle East, Africa and South Asia
Incorporating the following targeted events:
GITEX TECHNOLOGY WEEK Global Conference - This key networking platform brings together the crème de la crème of industry experts and ICT professionals under one roof and will feature an unparalleled series of strategic keynotes, seminars and dynamic networking sessions. The event gives delegates a priceless opportunity to learn from, debate with and exchange views with some of the leading experts within the ICT industry.
GITEX Majlis - This executive business programme for CEOs and other top level executive attendees, is designed to ensure that they enjoy a hassle-free experience at the show. Keeping their busy schedules in mind, members can enjoy easy pre-completed registration, advance issuance and delivery of the GITEX Majlis Badge and Executive Lounge facilities. These are just a few of the benefits offered to GITEX Majlis members.
Gadget Glam - This exciting showcase presents a fascinating mix of innovations in consumer technology and promises to attract even those with an interest in technology, not to mention gadget lovers who want a sneak preview of the latest in the market before anyone else. The event consists of a catwalk and showcase area featuring everything from mobiles to mp3 players and HD Cameras to LCDs. A fantastic innovative way to present new launches this event delivers one of the fastest, most lucrative markets in the world, at the largest show of its kind in the region.
About Dubai World Trade Centre (DWTC)
Website: www.dwtc.com
As the organiser of GITEX TECHNOLOGY WEEK, Dubai World Trade Centre offers over 29 years’ experience of delivering world-class events in the Middle East, providing local, regional and international exhibitors with unmatched expertise and in-depth market knowledge. Our team organises 15 of the largest and most successful international and regional shows in Middle East, providing an ideal platform for business development in the region.
Our commitment to ongoing innovation within the exhibition industry has supported the rapid growth and development of a wide range of business-to-business and business-to-consumer shows, and delivered consistent satisfaction to exhibitors and visitors. DWTC works with the leading trade bodies and industry associations to ensure that all exhibitions deliver full value and are built upon the real needs of their specific sector.
