Abu Dhabi is set to be transformed by US$100B worth of construction projects, which include housing, education, transport and other developments. As stated by Fahad Al Raqbani, director general of Abu Dhabi Council for Economic Development, "These projects will emphasize the economic competitiveness of the Emirate, empower the role of the private sector and sustain the local economy's growth in a manner that will lead to accomplishing the objectives of the economic vision 2030."**
United Arab Emirates
The UAE is seeing renewed development, with the pickup in the Dubai real estate and tourism markets set to be reinforced by Dubai winning the right to host Expo 2020. Figures from the Department of Economic Development reveal the GDP of Dubai has grown over 4.5% in 2014, with the main drivers of the economy being tourism, trade, transportation and real estate. The UAE market is on track to reach the levels of investment last seen before the recession. It is also good to see that there are USD 12Billion of previously stalled projects within the country which have now resumed construction.**
**Source: Deloitte GCC Powers of Construction 2014
MENA Value of Projects 2014-2020 (USD Million)
Source: MEED Projects
The types of Exhibitors participating in Arab Carpet Expo and its Incorporated Events include but are not limited to:
The types of Visitors participating in Arab Carpet Expo and its Incorporated Events include but are not limited to:
Abu Dhabi National Exhibition Centre (ADNEC) is located at the heart of Abu Dhabi and was inaugurated in February 2007 by His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi. The venue has a diverse yearly calendar of over 300 events that is growing year by year, welcoming more than 1.5 Million visitors annually. ADNEC is a multi-award winning venue offering organisers of exhibitions, conferences and live events an indoor space of 73,000 square metres. This incorporates two large conference halls that can each seat 1,000 people, 20 meeting rooms, 11 halls, a purpose-built banquet facility that can seat 700 people in a dinner setting and a multi-functional 7,920 square metre, 6000 seat conference centre facility. The venue also boasts a range of restaurants, cafes, shops, onsite hotels and business facilities as well as outdoor event spaces and the stunning Waterfront Quayside.
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