Presented by Jaafar Shubber

Senior Project Manager

23 – 25 May 2016Dubai World Trade Centre

United Arab Emirates

OPPORTUNITIES IN THE MIDDLE EAST

We manage over 80 events in up to 25 countries each year, employing over 300 staff. We are active in North America, the Middle East, Europe, East Africa and

Asia

Some of the events managed from our Middle East office, including:

STRONG GCC CONSTRUCTION SECTOR =

FUTURE OPPORTUNITIESThe demand for elevators and escalators is highly correlated with the growth of the construction market; hence, the steady growth in the construction market in GCC is expected to benefit the manufacturers of elevators and escalators in the region.

The figure shows the total value of construction contracts awarded across the GCC which is expected to reach 193.65 billion in 2015 as per July 2015 projects schedule. The figure also shows the number of contracts awarded

Source: Ventures Onsite Projects Database www.venturesonsite.com.

OUTLOOK

GCC population is estimated to grow from 35 million to 60.2 million by 2050, which is likely to stimulate growth in construction activity in the buildings and infrastructure sectors, especially in housing, education, healthcare, and infrastructure to support the communities.- Airports in the GCC are expected to expand massively by 2020 due to increasing number of passengers and cargo traffic, driven by strong growth in tourism.- GCC governments are estimated to spend a total of US$ 90 billion on building schools and universities as they form top priority in 2015.- The GCC member states are pressing ahead with plans to develop an integrated railway network between Oman and Kuwait as start and end destination points.

Total Value of Projects (Buildings and Infrastructure Sectors Only) as of July 2015 (US$ Million)

The GCC construction sector is set to register strong performance as billions of dollars are being invested on building and infrastructure projects and mega events such as Dubai Expo 2020, Qatar 2019 Athletics World Championship and Qatar FIFA World Cup 2022

The Elevator and Escalator market in GCC witnessed the overall installed base of elevators and escalators reaching a total of 153,010 units in 2013. This is expected to reach 198,980 units by 2018, growing at a CAGR of 5.39 percent.

ELEVATOR AND ESCALATOR MARKET IN GCC 2014-2018

Elevator and Escalator Market in GCC: Installed Base by Region 2013-2018:

Region 2013 2014 2015 2016 2017 2018 CAGR (%)Saudi Arabia 72,340 76,580 81,140 86,100 91,450 97,190 6.08UAE 63,990 65,190 66,440 67,740 69,100 70,520 1.96Oman 6,270 6,910 7,5908,310 9,080 9,900 9.57Kuwait 5,160 5,480 5,820 6,180 6,560 6,970 6.2Qatar 3,280 4,600 6,030 7,570 9,230 11,020 27.43Bahrain 1,970 2,210 2,470 2,750 3,050 3,380 11.40Total 153,010 160,970 169,490 178,650 188,470 198,980 5.39

Escalator Market in GCC: Installed Base 2013-2018 (units)

The Elevator market in GCC is growing at a steady rate. The market witnessed huge demand for elevator installation from many end-user segments. The residential segment was the largest end user of elevators in the GCC, followed by the Mixed Use Buildings, Retail, and Offices segments.

The Escalator market been witnessing increased demand for installation since 2012. The announcement of Metro Rail projectsby governments in the GCC countries is the major factor.

Elevator Market GCC: Installed Base 2013-2018 (units)

MARKET SIZE AND FORECAST

The Elevator and Escalator market in GCC witnessed 8,860 new units of elevators and escalators being installed in 2013. This is expected to reach 10,510 units by 2018, growing at a CAGR of 3.47 percent.

ELEVATOR AND ESCALATOR MARKET IN GCC BY NEW INSTALLATIONS -MARKET SIZE AND FORECAST

MARKET SIZE & FORECAST

Elevator Market in GCC: New Installations per Year 2013-2018 (units)

The Elevator market in GCC witnessed 8,180 new units of elevators being installed in 2013. This is expected to reach 9,610 units by 2018, growing at a CAGR of 3.27 percent.

Escalator Market in GCC: New Installations per Year 2013-2018 (units)

The Escalator market in GCC witnessed 680 new units of elevators being installed in 2013. This is expected to reach 900 units by 2018, growing at a CAGR of 5.77 percent.

GEOGRAPHICAL SEGMENTATION

The Elevator and Escalator market in GCC is growing across the region. However, Saudi Arabia and the UAE accounted for approximately 89 percent of the overall elevator and escalator installed base in 2013.

Elevator and Escalator Market in GCC: Installed base by region 2013 and 2018

Mohammed Bin Rahid (MBR) City (UAE)Budget: US $64,724 million, project type: Mixed Use, project status: Design/Construction, Completion: Q4 2023

King Abdullah City of Atomic and Renewable Energy (Saudi Arabia) Budget: US $100,250 million, project type: Mixed Use, project status: start 2016. Completion Q1

Valley City (Qatar)Budget: US $ 4,800 million, project type: mixed use, Project status: Design/Construction, completion: Q4 2020

Bobyan Island Development (Kuwait)Budget: US $6,640 million , project type: Residential, Status: Construction

Al Madina Al Shamaliya (North Bahrain new town)Budget: US $4,500 million, project type; Mixed Use, Status; Construction

Omran Convention & Expo Centre (Oman)Budget: US $ 1,826 million, status: Construction, type: mixed use, Completion: Q4 2019

A TASTE OF SOME OF THE MAJOR PROJECTS CURRENTLY UNDERWAY IN THE REGION…

Elevators & Access Control Exhibition, runs as an independent event but is organised by the same team that manages The BIG 5

The Big 5 is the Middle East and North Africa’s largest and most diverse international construction exhibition:

•81,401 participant from over 100 countries: ranging from architects, consultants, contractors, engineers, specifiers and developers•Over 3000 exhibitors from 65 countries• 35 years old• Occupying 45,000 sqm of net floorspace

WE ARE BRINGING TOGETHER CONSTRUCTION INDUSTRY WITH THE

ELEVATOR INDUSTRY IN MAY 2016

Space Only StandUS $435 per sqmThis option is for companies who wish to build their own stand

All-In Package / Shell StandUS $495 per sqm

This option is for companies who want their stand built for them. This option includes shell construction, carpet tiles, walling, fascia with company name and stand number, power point and spotlights.

Double DeckerUS $500 per sqm

This option is for companies who wish to build their own stand and have a mezzanine level

BOOK YOUR STAND

The Organizer:dmg eventsMr Jaafar Shubber - Senior Project Manager

Tel: +971 (0)4 438 0355Mob: +971 (0)5 6644 0884Email: jaafarshubber@dmgeventsme.comWebsite: www.middleeastelevators.com

FOR ENQUIRIES:CONTACT:Official Agent for the Italian TerritoryCorexpo Italia srlMs Serena Florian – Project Manager

Tel: +39 0422 718019Fax: +39 0422 024859Email: info@corexpo.itWebsite: http://www.corexpo.it/fm-expo-dubai/