An attractive market for international
manufacturers -
Spiraling demand for
commercial vehicles in the Middle East
Despite the current economic situation,
the UAE and the whole Gulf Region will
continue to experience surging demand
for commercial vehicles. This trend can
be attributed to an amalgamation of
factors. These include:
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Middle East as a re-export hub:
Thanks to its strategic location and state-of-the-art infrastructure, the UAE is the main re-export hub in the region and the third most important in the world. Booming trade has led to an increased use of commercial vehicles by transport and logistics companies. |
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Emerging manufacturing and oil &
gas sector:
In these sectors the UAE is
currently experiencing a major
upswing, with oil and gas accounting for
one-third of GNP. New manufacturing
units and oil & gas facilities are coming
on stream. The result is a marked rise
in demand for HGVs. |
|
Increased government expenditure on public
services:
More public-service projects such as
hospitals, schools and police stations, are translating
into substantial demand for special-purpose
vehicles. A further rise in government expenditure is
planned, to accelerate recovery from the current
downturn. |
|
Construction:
The Middle East has experienced a
mammoth construction effort over the last six years.
Major privately funded and government projects have
now been restarted. The need to transport building
materials, machinery and equipment has triggered a
huge demand for commercial vehicles.
|
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Growing population:
The UAE’s population has
soared by over 5% p.a. in recent years. To ease the
pressure on the travel and transport infrastructure,
the government has been making substantial
investment in the public transport system. |
|
Free Zones:
More than 10,000 import and
re-export companies from across the globe are
currently based in Free Zones in the UAE, resulting in
an increased flow of goods and services to, from and
across the country. A wide range of commercial
vehicles are needed for the logistical operations
involved. |
Range of exhibits - The following product categories are approved
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