Exin Diamond will participate in the five major industry fairs in the Middle East

Exin Diamond Materials Co., Ltd. will participate in the “2012 Middle East Five Industry Expos” held at the Dubai International Exhibition Center from November 5th to November 8th, 2012. The company booth number is " Rashid G247 ", welcome everyone to visit! BIG 5 is the largest exhibition of construction, building materials and machinery in the Middle East. It was held in 1980 and is held annually. The investment in infrastructure in the construction industry in the Middle East is good. There are currently 2,100 projects under construction and planned construction in the Gulf countries with a total value of US$1.2 trillion. It has become the world's largest market for factory equipment, construction vehicles and machinery. The show was held in the UAE and also shows the country's growing demand for construction machinery and equipment. At present, the country has a construction project with a total value of 300 billion US dollars. The construction cranes used account for 24% of the world's 125,000 units, reaching more than 30,000 units. As contractors in the Middle East vigorously purchase machinery and equipment for the construction of airports, ports, roads, resorts, theme parks, residential and commercial areas, and man-made islands, the construction machinery market in the region will be in the next few years. Further substantial growth. As more and more multinational companies enter the United Arab Emirates, the number of commercial office buildings and hotels is increasing, and the demand for aluminum, steel, cement, steel, marble, sanitary ware and other building materials is growing. The population of the Gulf region has grown from 46 million in 1970 to 100 million in 1990. It is expected to reach 170 million in 2010, which is one of the fastest growing regions in the world. The high per capita annual income, strong purchasing power and the maturity of the Gulf market have led to a growing demand for housing for local residents. About 60% of the population in the Gulf is under 25, indicating that they need about several million housing units in the next 10 years; in Saudi Arabia, the annual housing demand is 158,000. Due to the rapid development of the tourism industry in the UAE, the entire infrastructure is in a period of comprehensive construction, which has driven the rapid development of the construction industry in the UAE. Currently, about $10 billion in leisure projects are under construction. In Dubai, the number of hotels has increased from 233 in 1996 to 265 in 2000. In the next 5-7 years, it is expected to increase 150 hotels and the number of rooms will increase to 55,000. According to statistics from relevant departments, the six countries of the Gulf will spend more than 200 billion U.S. dollars in construction in recent years; in the UAE alone, real estate investment will exceed 63 billion U.S. dollars in the next 7 years. It is conceivable that the construction and building materials market in the Middle East will be so popular!

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