Abdulaziz Bin Yagub Al Serkal, General Manager of Dubai Investments ( DI ) PJSC, anticipated an increase in the cost of glass in the midst of escalating demand. "Over the past few years, the increase in the prices was quite unhealthy due to various factors.However, we expect the prices to go up by 7 percent to 10 percent this year due to increase in the cost of raw materials and surging demand across GCC and the international markets," he added.
According to estimates, more than 1,300 construction projects are expected in the UAE alone, valued at approximately $418 billion, while Qatar has seen an exponential rise in infrastructure and construction projects in preparation for FIFA 2022. Across the GCC, another 300 projects worth $143 billion are in the design, planning or bidding states, as per the estimates.
“The massive surge in activity across the Middle East means that next year’s Gulf Glass exhibition – 14-16 September, 2015, in Dubai – will be ideally placed for technology and material suppliers to capitalize on this exponential growth” says David Jones, exhibition manager, Gulf Glass 2015.
“Already we have seen an unprecedented level of enquiries for the 2015 event” he adds “and with the first floorplans scheduled to be drawn up at the end of July, we will be already looking at most of the premium locations occupied”.
Gulf Glass is a biennial event that brings the best of technology, materials and support services to the glass industry in front of a highly focused audience in one of the world’s most dynamic locations, Dubai.
“Our move to Dubai in 2013 was an unqualified success” adds Jones, “and we are gearing ourselves for a massive upturn at the next show as Gulf Glass continues to grow” he concludes.
To reserve your exhibition space, contact the team today and make sure you are positioned to generate new leads in one of the most dynamic glass markets available.