DOMOTEX Middle East is designed to help exhibitors new to this market access potential business on a marketplace which holds huge opportunities. Experts estimate that between now and 2010 investment in property development in the UAE will amount to approx. 50 billion US dollars. Spectacular developments such as the manmade islands "The Palm" and "The World" off the coast of Dubai will be followed by further splendid hotel projects, awe-inspiring shopping malls and private residences - and there is more to come.
Dubai is the trade and business centre of the whole Gulf region: 75 percent of all goods imported to the United Emirate States pass through Dubai. In addition to the biggest artificial harbour in the world, the Emirate also boasts innumerable free trade zones. Since 2002 it has also been possible for foreigners to own property there (on the basis of a 99-year lease). This development has meant that foreigners are now at the forefront of demand for more varied, high-quality furnishings and interior design. Demand for high quality floor coverings has been generated by this change. Thus, companies in the floor coverings industry can make important business contacts and big gains on this market - and DOMOTEX middle east will open the door for them.
Just how big these gains might be becomes evident by taking a look at the first DOMOTEX venture outside Germany, in Shanghai. Since its premiere in 2002 DOMOTEX asia/Chinafloor has grown rapidly. Startingout with a display area of 15 000 m² it now occupies 46 000m², i.e. it has more than trebled in size. And there are no indications of a slow-down in this trend. On the contrary, Deutsche Messe AG expects demand for stand space in 2006 to increase by over 25 percent - bringing the total display area up to 57 500 m².
DOMOTEX asia/Chinafloor is already the biggest international trade show for carpets and floor coverings in the East Asian marketplace.
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