A total of 759 companies representing 1,288 brands from 57 Arab and international countries took part in an exhibition in Damascus dedicated to the construction sector.

The 16th edition of Buildex gathered visitors from diverse nationalities and specialties to several business meetings and activities during its five-day run.

The exhibition highlighted the latest building and construction technologies and materials, covering areas such as air conditioning, cooling and ventilation equipment, water and environment, stone, marble and paints, insulation materials, and security, safety and lighting systems.

It also focused on prospects in local development aimed at meeting growing demand for commercial and residential buildings in Syria.

Buildex 2010 highlighted the growing interest in the Syrian building materials sector among leading international companies and their intent on using Buildex to enter the Arab region in light of the robust investment atmosphere being maintained in Syria, a statement said.

A number of fruitful activities were held during the exhibition, such as the finalization and signing a contract for building “Syria Mall” in Homs and important business meetings held between participants and visiting businessmen.

“Syria is currently implementing a comprehensive development policy and overhauling its building, investment, real estate, tourism, and housing sectors,” said Alaa Hilal, CEO of event organisers Arabian Group.

“The significant number of agreements signed with Arab countries has the potential to spur vast economic growth and facilitate substantial investments. It has also influenced the decision among many major international companies to penetrate the market with diverse investments in fields such as tourism, real estate, and the industrial sectors.”

“This is what makes Buildex a very important event. The exhibition provides the best platform for companies to capitalize on the active and promising Syrian market, specifically by facilitating productive interaction between suppliers, manufacturers, engineers, consultants, and decision makers from around the globe,” added Hilal. – TradeArabia News Service