DUBAI: Middle East's demand for construction machinery will increase by 20 per cent over the next five years, as the region forges ahead with an unprecedented level of development, the organisers of major industry showcase in Dubai said yesterday.
The Gulf countries alone account for more than 2,100 existing and planned projects currently valued at $1.2 trillion and this figure will rise as the Middle East continues with its enormous infrastructure and expansion plans, according to the backers of the Big 5 exhibition.
This activity has turned the region into the world's biggest market for plant, construction vehicles, machinery and equipment, and manufacturers and suppliers will have a new opportunity to capitalise on the boom later this year at the high-profile event.
Big 5 PMV takes place at the Airport Expo Dubai, from November 25 to 29 as part of the huge construction and contracting event, Big 5.
It will provide a platform for plant, machinery, construction vehicles and equipment suppliers to meet face to face with key buyers from across the region and overseas.
"We're launching this new event as part of the Big 5 in direct response to industry demand," said Streamline Marketing Group director Nick Webb.
Streamline is organising the Big 5 PMV in conjunction with dmg world media.
"A dedicated arena for buyers to experience the latest innovations first-hand, the Big 5 PMV will allow suppliers ample indoor and outdoor exhibition space to showcase their products and services to key construction industry professionals, engineers, consultants and contractors," said Mr Webb.
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