Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait's construction sector seen to grow 3.5 pct in 2012  Join our daily free Newsletter

MENAFN - Arab Times - 11/10/2012

No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab Times) Kuwait's construction sector is expected to grow 3.5 per cent in 2012, according to a report from NGI commissioned by The Big 5 2012, with 125 billion to be spent by 2015 according to Business Monitor International.

Kuwait has always been seen as a market with significant spending budgets and lots of potential within the GCC's construction industry, further highlighted by the substantial rise in Kuwaiti construction companies participating in The Big 5 over the past few years.
Taking place from 5 - 8 Nov, at the Dubai World Trade Centre, The Big 5 brings together thousands of regional and international businesses, products and technologies from across the building and construction sector.

The event has seen significant increase in Kuwaiti exhibitors from 2010 to 2011, with further growth expected this year again. Visitors to the event from Kuwait have also become more numerous year after year, with a rise of almost 36 per cent from 2010 to 2011.

"Kuwait's influence at the event, and within the region's construction industry as a whole, has grown consistently over the past few years," said Andy White, event director, The Big 5. "We have seen Kuwait's presence at The Big 5 grew significantly in the past three years, together with an increase in the attendance of key buyers from the country, who attend our specially dedicated platform for decision makers with budgets of more than 100 million, and are looking to be directly connected with the right products and contacts at the event."

With a history spanning 30 years, The Big 5 has grown to become an extremely influential platform for those looking to build their presence in the Middle East market, as well as giving regional professionals access to the very latest information and trends from the international industry.

One Kuwaiti exhibitor set to capitalise on opportunities available during The Big 5 is insulation solutions company KIMMCO. General Manager - Operation, Hannes Visagie, said: "We look for specific events that will help us showcase our unique portfolio of products and superior technical services to our clientele. The Big 5 creates a platform for us to do just that - it allows us to meet and interact with a broad group of stakeholders, including existing and potential customers, distributors, influencers and government officials."
The Big 5 2012 will take place from 5-8 November at Dubai World Trade Centre, with PMV Live, Middle East Concrete and FM EXPO taking place alongside. As a result of market demand, The Big 5 Kuwait will launch in September 2013, providing an unrivalled platform for the building and construction industry to access the opportunities and knowledge of the local market.


  MENA News Headlines

Click to Apply



Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help