Business
Arab-Brazilian Chamber of Commerce Stand to Feature Major Brazilian Companies at The Big 5
The Arab-Brazilian Chamber of Commerce (ABCC) announced that its stand at the 2017 edition of The Big 5, the Middle East's leading civil construction industry event, will showcase five of its member firms. The Chamber's stand will cover 36 sqm and will certainly showcase hygienic ware maker Deca, ceramics maker Angelgress, entrances supplier PPA, pipes and fittings manufacturer Tigre, and construction tools supplier Scanmetal. The event is set to run from November 26 to 29 at the Dubai World Trade Centre, UAE.
Brazil's total exports to the Arab countries' construction market taped USD 40.24 million in 2017. Brazil's exports to the region's construction industry consisted of plywood, veneered panels, granite, glazed ceramic flags, wood furnishings, appliances for pipes, central heating boiler shells, and containers and various other makers and mechanical devices. Equipment exports from Brazil to Arab countries including Egypt, Kuwait, Saudi Arabia, UAE, Oman and Bahrain reached USD 212.17 million in 2017 a rise of 34% from 2016. Self-propelled excavators, , scrapers, air or vacuum pumps, pumps for liquids, liquid elevators, transmission shafts bearings and gears were the main Brazilian exports to the Arab region in this sector.
Rubens Hannun, President of ABCC, said: "We have actually been joining the trade show given that 2003, and have been seeing the Arab market make use of such possibilities to explore business alliances with potential purchasers, partners and other stakeholders. In addition to making its presence really felt, the Chamber additionally wishes to spot business possibilities for Brazilian enterprises through its participation at the exposition this year."
The UAE's construction market is set to witness tremendous growth in the coming years as greater than USD 34.6 billion worth of commercial, energies, city and oil and gas jobs remain in the first phases. Projects underway and in the pipe throughout the Gulf represent major possibilities for Brazilian business. These consist of recurring help Exposition 2020, the world event set to take place in Dubai 3 years from now, as well as plans for an advanced city in Saudi Arabia at an estimated USD 500 billion.
Along with buyers from Arab nations, The Big 5 2017 will certainly also welcome leading gamers from the global construction market. The trade show is often visited by scores of importers from Asia, Africa or even Europe. With their participation at the expo's 2017 version, Brazilian enterprises are setting their views on approaching tasks in the Middle East's thriving construction sector.