Big 5 PMV

In the last few years, the Middle East has established as one of the most attractive construction and engineering markets for international contractors. Although affected by the global economic downturn, the region still offers good opportunities as the local construction industry was more resilient than other markets.
According to Ventures Middle East, a project tracking firm, more than US$14bn worth of construction contracts were awarded in the GCC in April and May 2010, with more than half of that figure – around US$8.7 billion – awarded in the UAE.
In April 2010, projects worth millions of dollars went into execution in the GCC and UAE including the Water Garden City in Bahrain (US$6.6 billion), Musheireb, located at the heart of Doha, Qatar (US$430 million), Al Ain Convention Center District (US$953 million), Saadiyat Island Development Cultural District – New York University (NYU) Abu Dhabi (US$865 million), Khalifa Port and Industrial Zone (KPIZ) in Abu Dhabi ($280 million), Business Bay Development, The Opus Tower (US$469 million) in Dubai and the Lakeside Development of International Media Production Zone (US$100 million).
Furthermore, a study released by the Dubai Chamber of Commerce and Industry in August 2010 reveals an optimistic outlook for the United Arab Emirates (UAE).
It states that the UAE is still the largest construction market in the GCC with US$714.8 billion worth of construction projects in the progress or planning stages. Saudi Arabia comes in the second position with US$238.8 billion worth of projects in the pipeline.
The UAE government has been supporting the construction industry through sizeable investment in infrastructure to help the economy through the global economic slowdown in the short-term and guarantee sustainable growth for the country in the mid and long-term.
As part of the ‘Plan Abu Dhabi 2030’, the Emirate has announced massive long-term investment programme to upgrade it’s a public transportation system, ports and airports.
Abu Dhabi, which has a less developed transport infrastructure than Dubai and suffers chronic congestion problems, is expected to spend US$68 billion from 2010 to 2015 on its public transportation system alone. Projects include the US$7 billion and 131 kilometres long Abu Dhabi metro project of which construction is expected to start in 2011. The project’s completion is set for 2016 with the first segment complete and open to the public in 2015.
In Dubai, major transportation projects are already well in progress and include completion of the Dubai Metro, the new tramline, the parallel roads project and a possible expansion of the Jebel Ali Port. Furthermore, as part of Dubai’s ‘Strategic Plan 2015’ and the Emirate’s aspiration to position as a regional leader in the aviation and logistics sector, the government has announced a US$82 million investment programme to develop the sector.
“Despite media speculation, there is still strong international interest in the Middle East construction industry and the Big 5 PMV has already attracted exhibitors from Asia, Europe and the Middle East,” said Nick Webb, Director of Streamline Marketing Group, organisers of the Big 5 PMV.
The fourth edition of the Big 5 PMV, the region’s leading exhibition for construction plant, machinery, equipment and vehicles will take place from 22-25 November 2010 in Dubai, alongside the Big 5, the Middle East’s largest and most influential construction industry event.
In 2009, more than 45,000 visitors were received at Big 5 and Big 5 PMV.  The Big 5 PMV 2009 welcomed approximately 12,000 visitors with a direct interest in the plant, machinery and vehicles industry from around the globe.
This year’s Big 5 PMV will feature a new live demonstration area, allowing key buyers from across the region and oversees to meet face-to-face with leading manufacturers and suppliers and to experience the latest innovations and technology first-hand.
For the first time, visitors will be able to travel to the Big 5 PMV via the Dubai Metro, with the Dubai World Trade Centre metro station conveniently located adjacent to the Big 5 PMV venue.

SHOW INFO
22-25 November 2010
Dubai International Convention and Exhibition Centre
Open 11am to 8pm daily
www.big5pmv.com
For more information about Big 5 PMV, please contact Project Manager Alexandria Robinson,
Tel: +971 4 447 5357 or [email protected].