Dubai WoodShow 2014 to attract 500 companies
UAE wood industry to see cumulative 126% growth in next seven years
The UAE wood industry is expected to register cumulative growth of 126% over the next seven years, driven by the boom in the construction sector as part of the Expo 2020 build-up.
Organisers of the Dubai WoodShow 2014, which will be held in three halls of the Dubai International Convention and Exhibition Centre, said the growth will be powered by rising investments in real-estate and infrastructure, in addition to the other expansion projects across the country.
Over 500 companies from 40 countries are set to attend the event, from 8-10 April, 2014 - an increase of 7% compared to the previous edition.
The exhibition has been backed by more than 11 supporting associations, including the UAE Society of Engineers, American Hardwood Export Council (AHEC), China National Forestry Machinery Association (CNFMA), French Timber and Quebec Wood Export Bureau among others. It will feature 12 international pavilions as well as 62 international and local media partners.
Walid Farghal, director general of Strategic Marketing & Exhibitions, organisers of the Dubai WoodShow, said: “We anticipate more than 10,000 visitors to the show. The exhibition area has increased to 13,428m2, compared to 12,629m2 in the previous edition.
“We are delighted with this success achieved since 2006 when we launched the exhibition with 75 exhibitors from 15 countries. We also expect increase in the volume of commercial deals due to the growing demand for home and office furniture."
The last edition concluded with deals touching $100m, and attracted great interest from construction companies in the region that implement green solutions.
“We will conduct a series of seminars on the sidelines of the exhibition on the theme ‘Legal timber products in global trading is a must’, which will be held on the second day of the event. And on the first, (8 April) it will tackle 'Building with wood and innovation in sustainability'. These seminars will be addressed by experts during the three-day show,” Farghal added.
Companies participating in the upcoming edition come from France, USA, Italy, China, Germany, Austria, Turkey, Sweden, Cameroon, Canada, Latin America and European countries and many more.