With the Middle East construction boom showing no sign of abating, the enormous scale of regional development will be highlighted when the PMV exhibition, dedicated to manufacturers and suppliers of plant, machinery and construction vehicles, joins The Big 5 to create a mega trade exhibition in Dubai later this year.
The PMV expo is relocating to a site adjacent to the Big 5 at Dubai International Convention Centre from November 23-27, transforming the event into one of the world’s largest trade shows for the construction industry and associated suppliers.
“As the latest research shows, there has been no let up in the construction boom since last year,” said Nick Webb, director of Streamline Marketing Group, who stage PMV on behalf of Dmg World Media, the Big 5 organisers. “It means suppliers of plant, machinery, construction vehicles and equipment are still pursuing contracts worth many billions of dollars, and we’ve created a platform for them to meet face to face with key buyers.”
Bernard Walsh, managing director Dmg World Media Dubai commented: “The arrival of the PMV expo at Big 5 in a single site venue is a natural synergy for us. We’ve listened to what our exhibitors and visitors wanted and have responded with a one-stop shop for all construction professionals. It plans to be a dynamic five days in November.”
Research by database company Proleads, which monitors regional construction projects across all industry sectors in the Middle East, shows that there are now 3,339 projects estimated to be worth in excess of US$2.8 trillion underway in the region, the bulk of development taking place in the UAE and Saudi Arabia.
A massive wave of projects in the GCC, Egypt, Iraq and Libya has turned the region into the world’s biggest market for plant, construction machinery, vehicles and equipment, demand for which is expected to grow by up to 20 per cent over the next four years.
As more new airports, ports, mega resorts, theme parks, residential and commercial cities, and man-made islands take shape, industry suppliers are cashing in and they will be out in force when the Big 5 PMV relocates to Dubai International Exhibition Centre in November.
With the event still seven months away, Streamline Marketing Group said today it should grow by 35% over last year as manufacturers and suppliers worldwide of plant, construction machinery, vehicles and equipment seek to capitalise on the regional boom.
The UAE is firmly at the centre of the dramatic regional construction activity. There are currently 1,248 projects worth US$ 931 billion under way in the Emirates which is home to more than 35% of the heavy equipment available worldwide, while 25% of the world’s tower cranes are in use in Dubai.
Research by Proleads shows that Dubailand, with development worth US$182.353 billion now progressing, has replaced King Abdullah Economic City in Saudi Arabia (US$129.976 billion) as the region’s biggest construction project currently underway.
This third largest project is Kuwait’s Silk City (US$86 billion). Overall, Saudi Arabia tops the table for active construction, with 1,026 projects valued at US$ 1.102 trillion currently under way in the Kingdom.
The UAE, in second place for overall construction project value, has the largest number of active projects. Kuwait is in third spot with 267 projects worth US$ 274 billion followed by Qatar (268 projects - US$ 205 billion), Oman (190 projects - US$ 103 billion), Egypt (45 projects - US$ 72 billion), Iraq (42 projects - US$ 67 billion), Libya (75 projects - US$ 63 billion) and Bahrain (179 projects - US$ 61 billion).
Nick Webb added: “The PMV element will retain its individual identity and have separate indoor and outdoor arenas. Suppliers of plant, machinery, construction vehicles and equipment are still pursuing contracts worth many billions of dollars, and we’ve created a platform for them to meet face to face with key buyers.”
Last year’s PMV attracted more than 240 key manufacturers and suppliers from 24 countries. This year’s exhibitor line-up should break the 300 mark, with exhibition space expected to top 40,000 sqm compared with just under 30,000 sqm in year one.
Top 5 Projects in GCC by value (* Research information provided by Proleads)
1. Dubailand US$182.353 billion
2. King Abdullah Economic City Saudi Arabia US$129.976 billion
2. Silk City Kuwait US$87.5 billion
4. Prince Abdulaziz Bin Mousaed Economic City in Hail US$53 billion
5. Saudi Power Network US$50 billion
Total value of active GCC projects: US$ 2.861 trillion - 3,339 projects.
Top 5 Projects in Saudi Arabia by value
1. King Abdullah Economic City US$129.976 billion
2. Economic Cities in Northern & Eastern Regions US$60 billion
3. Prince Abdulaziz Bin Mousaed Economic City in Hail US$53 billion
4. Saudi Power Network US$50 billion
5. Jizan Economic City US$30 billion
Total value of active Saudi projects: US$ 1.102 trillion - 1,026 projects.
Top 5 Projects in UAE by value
1. Dubailand US$182.353 billion
2. Dubai World Central US$64.853 billion
3. Mohammed bin Rashid Gardens City, Dubai US$54 billion
4. The Palm Deira US$51.042 billion
5. Yas Island Development, Abu Dhabi US$39.910
Total value of active UAE projects: US$ 931.895 billion - 1,248 projects.
Top 5 Projects in Kuwait by value
1. Silk City US$87.5 billion
2. Sabah Al Ahmad Township US$27.690 billion
3. Al Khiran Residential City (New Zour Township) US$20.150 billion
4. Kuwait Railway US$14 billion
5. KNPC - Refineries Upgrade Programme $US13.121
Total value of active Kuwait projects: US$ 274.730 billion - 267 projects.
Top 5 Projects in Qatar by value
1. QP - Al Barzan Development in the North Field $US20 billion
2. ExxonMobil Integrated Gas to Liquids (GTL) $US18 billion
3. Lusail Real Estate Development $US 13.816 billion
4. Pearl Integrated Gas to Liquids (GTL) $US 9.550 billion
5. Doha Port Project $US9.550 billion
Total value of active Qatar projects: US$ 205.627 billion - 268 projects.
Top 5 Projects in Oman by value
1. Al Madina Al Zarqa (Blue City) Development $US15.1 billion
2. Oman India Gas Pipeline $US10 billion
3. OOC - Duqm Refinery $US10 billion
4. ORC - Duqm Refinery & Petrochemicals Complex $US7 billion
5. OOC - Sohar Olefins Complex $US4.3 billion
Total value of active Oman projects: US$ 103.733 billion - 190 projects.
Top 5 Projects in Egypt by value
1. Marassi Resort near Alexandria $US17.4 billion
2. Gamsha Bay Township near Hurghada $US16.3 billion
3. Egypt Nuclear Programme $US14.5 billion
4. Madinaty Development in Cairo $14 billion
5. India / EGPC - Refinery & Petrochemical Complex $US9 billion
Total value of active Egypt projects: US$ 72.489 billion - 45 projects.
Top 5 Projects in Iraq by value
1. Iraq Power Demand until 2015 $US25 billion
2. Nasiriyah City Master Plan $US20 billion
3. Rumaila Oil Field Development $US8 billion
4. Karbala sewer system $US5.6 billion
5. Sulaimaniya Gate $US5 billion
Total value of active Iraq projects: US$ 67.183 billion - 42 projects.
Top 5 Projects in Libya by value
1. Ghadames Oil & Gas Development $US25.9 billion
2. Mellita Petrochemicals Complex $US10 billion
3. Ras Lanuf Refinery & Petrochemical Complex Expansion $US5 billion
4. Tamoil - Zuwara Refinery $US3 billion
5. Oxy - Refinery near Mellita $US3 billion
Total value of active Libya projects: US$ 63.538 billion - 75 projects.
Top 5 Projects in Bahrain by value
1. Qatar Bahrain Causeway Development $US6 billion
2. Adeem - New Refinery $US5 billion
3. Bapco - Sitra Refinery Upgrade and Modernization $US4.250 billion
4. New Power and Desalination Plant $US4 billion
5. Alba - New Potline 6 and Potline 4 Expansion $US3.4 billion
Total value of active Bahrain projects: US$ 61.539 billion - 179 projects.
About the Big 5 PMV
The Big 5 PMV www.big5pmv.com will take place at Dubai International Exhibition Centre in November from 23-27 November 2008. Organised by Streamline Marketing Group in conjunction with dmg World Media, the event runs in conjunction with The Big 5 www.thebig5exhibition.com
The Big 5 PMV has the support of key international organisations including UBIFRANCE (French Foreign Trade Council), Builders’ Association of India and the UK’s Construction Products Association.
For more information about Big 5 PMV, please contact Project Manager Samantha Kane-Macdonald, Tel: +97 4 33 9029 or [email protected]
About the Big 5
The Big 5 is acknowledged as the largest and most important exhibition for the Middle East’s building and construction industry. Held annually at the Dubai International Exhibition Centre (DIEC), in 2007, the Big 5 attracted 2,839 exhibitors, 30 government sponsored pavilions and 50,420 professional trade buyers representing 139 countries.
About Streamline Marketing Group
Streamline Marketing Group is a Dubai-based event management and marketing specialist with expertise in the turn-key management of exhibitions and conferences, and other international marketing and promotional projects.
Among the other major events organised by the Group are The Airport Show (June 2-4, Airport Expo Dubai), which will be the largest airport industry exhibition in the world in 2008, and FM Expo (June 8 – 10, Zabeel Hall, Dubai International Exhibition Centre), the region’s only exhibition dedicated to facilities management.
