Hardware infrastructure to enhance the future of the Middle East market prospects(7/30/2010)

In recent years, despite the global construction and real estate development speed once the impact of the global financial crisis has slowed down, but as the national economic recovery and real estate financing problems of the gradual break to the UAE, Saudi Arabia and Kuwait-based Middle East construction market remains strong vitality and gradually recovered to drive the Middle East, mechanical, electrical and plumbing products (MEP) requirements increase, hardware market continued to grow.

UAE is the center of the Middle East construction industry, the current construction project of its 1372 total amount of about 900 billion U.S. dollars, in Dubai and Abu Dhabi, construction sites everywhere, high-end luxury hotels and luxury office buildings everywhere. According to statistics, by 2009 three quarters, despite the financial difficulties of the Dubai still nearly 2000 construction completion, set for the market to restore confidence. Saudi Arabia the next 20 years the population will double, on the demand for housing and commercial buildings remain strong, will boost the local construction machinery, hardware and tools market demand for long-lasting.

According to statistics related to the coming year, the Middle East Gulf region's construction and infrastructure project contracts will amount to 114 billion U.S. dollars, is already planning and related projects being planned in the amount of about 257.3 billion U.S. dollars, the amount of construction related projects up to 1.3684 trillion U.S. dollars (of which the UAE and Saudi Arabia accounted for 52% and 21%), than in the past increased significantly. Such market conditions contributed to the Middle East, especially in the UAE on the rapid growth of demand for hardware tools.

Another powerful factor is that the Middle East, the local production of hardware tools and related products rarely, heavy dependence on imported products, the global supplier of related products provides a good opportunity. Both the local dealer to find cost-effective than cheaper products, but also very concerned about the high quality products, including expression on environmental protection, green building technology using high-end products, while imports agents expressed strong interest.

As can be seen from the market prospects, the Middle East Hardware & Tools exhibition is to open up international exhibitors hardware tools market in the Middle East the best place, but also as a professional to find and get the best products and services related to an important platform. Chinese Exhibitors should look at long-term, full use of this platform to Dubai as the center of radiation throughout the Middle East and hardware tools market.

(Author Mosaic and Tile, China Leiyuan 7/30/2010)

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