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Airport Build & Supply Exhibition attracts record response.

 
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20 May 2006

Over 400 of the world’s leading airport and aviation suppliers are expected to descend on Dubai in June from June 5 – 7, 2006 to capitalise on more than US$ 40 billion worth of airport developments currently taking place across the Middle East on the back of a booming regional economy.

This comes at a time when regional airport growth is accelerating rapidly to cope with the huge projected increase in commercial air traffic, while record oil prices and booming regional economies have enabled Middle East governments to allocate billions of dollars for infrastructure development. “Airbus estimates that Middle East and African airlines will require 1,016 new aircraft, worth US$ 124 billion, over the next 20 years,” said Nick Webb, director of the Streamline Marketing Group. “Regional airport developments to cater for this increased traffic are estimated at well over US$ 40 billion, with US$ 20 billion in the UAE alone. “With an expected budget surplus of US$ 50 billion and a current account surplus of over US$ 100 billion for the six Gulf states alone, spending is set to continue over the long term. Economists have estimated that there are currently US$ 650 billion worth of active projects in the Gulf, with another US$ 650 billion announced but not yet begun.”

Airport Build & Supply Exhibition attracts record response.

Taking place from June 5 – 7, 2006 at Airport Expo Dubai, the Airport Build & Supply Exhibition is the only dedicated trade show for airport construction, operations, technologies and services in the region and a very important event for airport and aviation suppliers eager to profit from this major Middle East growth. The event attracts a targeted audience of regional Civil Aviation departments, government officials, VIPs and consultants and contractors behind many of the region’s airport development projects. The 2005 edition saw over 40 regional Civil Aviation authorities represented as either visitors or exhibitors. It has become well established as a major forum for the selection and prequalification of suppliers for airport development schemes not only in the Gulf area but also across the Middle East, Africa, the Indian Subcontinent and the CIS countries.



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