A burgeoning GCC construction and real estate sectors are driving the demand for fit-outs in the region, according to an expert.

“The economies of the region are booming due to a combination of factors including a high liquidity environment resulting from high petroleum revenues, low interest rates, and the government’s efforts to diversify from its economic dependence on oil and gas as well as significant budget surpluses,” stated Chris Fountain, group director of CMPi.

CMPi UAE is organizing Fit-Out Middle East, to be held at the Abu Dhabi National Exhibition Centre on November 17 and 18, 2008.

He noted that this investment environment had resulted in increased expenditure on major infrastructure projects, expanding the region’s tourist offering, and residential/commercial development projects.

Given the amount of construction underway, there is great demand for fit-outs and CMPi’s event focuses on the final stages of construction and development, he added. 

The show will run alongside the established Working Buildings Middle East exhibition and conference series, in order to deliver the right mix of senior buyers and decision makers from across the Middle East region and beyond.

Exhibitors will include contractors, shop-fitters, manufacturers and interior design agencies. Visitors will be those responsible for the design and function of commercial and  retail space, including developers, architects, designers, facilities professionals and operations managers. - TradeArabia News Service