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UAE poised to become centre of Middle East vehicle industry |
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07.30.2009 |
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Dubai: The UAE is positioning itself as a regional focal point for the commercial vehicles industry in the Middle East with the launch of the region's first specialised trade event for commercial vehicles in Dubai.
"This is already a thriving business in the Middle East, and all the signs point to a great deal of expansion over the next few years as the market recovers from the economic crisis and more manufacturers start production here," said Mohammad Bin Sulayem, president of the Automobile and Touring Club of the UAE (ATCUAE).
The UAE's commercial vehicles market grew by 38.5 per cent between 2000 and 2005 and between 2007 and 2008 some regional distributors saw sales triple.
The commercial vehicles industry demands its own specialist regional showcase, and the ATCUAE is eager to actively support an event which will bring together the industry's key players and lay the foundations for more growth.
Taking place next March 9-11 at the Dubai International Convention and Exhibition Centre, Commercial Vehicles Middle East is organised by Streamline Marketing Group in association with Reed Exhibitions, one of the world's largest exhibition organisers.
While the event is still eight months away it has already attracted confirmed participation from leading commercial vehicle manufacturers including Hino, BMC and Temsa.
"The global automotive industry has had a difficult year, but demand for vehicles in the GCC [Gulf Cooperation Council] remains strong," said Nick Webb, director of Streamline Marketing Group.
"Our event will provide the region's first dedicated forum, bringing buyers and sellers for this multi-billion-dollar industry together."
Commercial Vehicles Middle East covers all types of heavy and light commercial vehicles, special vehicles, vehicle attachments, accessories, maintenance and repair services.
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Source:www.zawya.com |
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