Shaikha Lubna said Dubai was defying the global crisis in diverse ways and the strong international presence in these exhibitions was proof of this trend.
Both exhibitions will feature the latest technology while simultaneously offering an interactive platform for key industry players.
The rich source of raw materials such as petrochemicals and a demand projection of double digit growth in plastic rubber and tubes sectors in this region, will significantly contribute to the growth of both exhibitions.
Shaikha Lubna said the fact that ArabPlast and Tekno/Tube Arabia 2009 has attracted 900 exhibitors representing 34 countries is clear evidence that the UAE is the ideal platform to target the Middle East market. It is also a sign, according to Shaikha Lubna, that these industries in the Gulf are not seriously affected by the crisis.
“The UAE has successfully emerged as the regional hub of the Middle East markets. International and regional industry players find this market lucrative for their operations. The importance of these exhibitions stems from the fact that state of the art technologies on par with latest international standards including tubes, plastics, industrial machinery and metals are being displayed at both shows,” added Shaikha Lubna.
Amidst the global financial crisis, the UAE manufacturing sector grew at 15 per cent in the first three quarters of 2008 — a phenomenon that is pushing a growing number of existing companies and new investors to take advantage of the city’s business-friendly environment, according to experts.
Satish Khanna, General Manager of Al Fajer Information & Services, co-organiser of both exhibitions underscored the significance of the plastics sector which attracted $ 5 billion investments last year in GCC with over 1,253 industrial units operating in the Gulf.
The region’s leading international exhibitions on plastic, rubber, industrial machines, metal works, tubes and pipes are once again geared to host some of the biggest players in the 18th year.
Plastics industry accounts for 10.6 per cent of the total manufacturing in GCC and this sector also employs over 9 per cent of the total workforce in the GCC, said Satish Khanna, General Manager of Al Fajer Information & Services.
While explaining the significance of the plastic industry Khanna said this sector attracted $ 5 billion investments last year in GCC with over 1,253 industrial units operating in the Gulf. There is also a strong demand for machinery and industrial equipment, and in the Gulf region that demand is expected to grow at 20 per cent annually, he added.
The region’s leading international exhibitions on plastic, rubber, industrial machines, metal works, tubes and pipes are once again geared to host some of the biggest players in the 18th year.
