Newsroom

No Comments

Arab-Brazilian Chamber of Commerce stand to feature major Brazilian companies at The Big 5

Image for 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 exhibition, will feature five of its member companies. The Chamber’s stand will span 36 sqm and will feature sanitary ware maker Deca, ceramics manufacturer Angelgress, gates manufacturer PPA, pipes and fittings maker Tigre, and construction equipment manufacturer Scanmetal. The exhibition 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 sector recorded USD 40.24 million in 2017. Brazil’s exports to the region’s construction industry included plywood, veneered panels, granite, glazed ceramic flags, wooden furniture, appliances for pipes, boiler shells, and tanks and other machines and mechanical appliances. Machinery exports from Brazil to Arab countries including Egypt, Kuwait, Saudi Arabia, UAE, Oman and Bahrain reached USD 212.17 million in 2017 an increase of 34% from 2016. Self-propelled bulldozers, graders, 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 been participating in the trade show since 2003, and have been seeing the Arab market utilize such opportunities to explore business alliances with potential buyers, partners and other stakeholders. In addition to making its presence felt, the Chamber also hopes to spot business opportunities for Brazilian enterprises through its participation at the expo this year.”

The UAE’s construction market is set to witness immense growth in the coming years as more than USD 34.6 billion worth of industrial, utilities, urban and oil and gas projects are in the initial phases. Projects underway and in the pipeline across the Gulf represent major opportunities for Brazilian companies. These include ongoing works for Expo 2020, the world exhibition set to take place in Dubai three years from now, as well as plans for a futuristic city in Saudi Arabia at an estimated USD 500 billion.

In addition to buyers from Arab countries, The Big 5 2017 will also welcome leading players from the global construction market. The trade show is frequented by scores of importers from Asia, Africa and even Europe. With their participation at the expo’s 2017 edition, Brazilian enterprises are setting their sights on upcoming projects in the Middle East’s thriving construction sector.

Cyber Gear Webinar Series

#Tags

#Metaverse   #Web3   #NFT   #Tokenization   #Blockchain   #Bitcoin   #Cryptocurrency   #AR   #VR   #AI

About us   |   Order Form   |     |   My Pitch   |   Web3 GPT

Another Cyber Gear Site