With more than $300 billion worth of major projects to be awarded across the Middle East by 2012, organisers of The Office Exhibition — Middle East’s largest industry exhibition for office design — said they are confident the 11th edition will deliver more opportunities for participants to tap the anticipated market growth in the regional office segment.
With GCC interior design spend forecast to exceed US $5.67 billion in 2011, according to industry analyst Ventures Middle East, the outlook for the office fit-out segment remains positive as contractors support new infrastructure projects, developers manage existing assets and end-users take advantage of the surplus in prime office supply.
“The GCC commercial fit out and office refurbishment segments are poised for exponential growth in the coming years. Both Qatar and Saudi Arabia have revealed plans for big infrastructure projects, which will ensure supporting commercial property, while in the UAE we continue to see businesses take advantage of the declining prices in office space,” said David Wilson, event director, dmg : events.
“With the Office Exhibition attracting visitors from across the wider Middle East and even Africa, it really is the gateway through which to reach active business opportunities in the region,” he added.
Among the confirmed exhibitors for the event include international heavyweights Bisley, Bürotime and Guialmi who have each indicated plans for product launches at the 2012 show.
The Office Exhibition’s focus is to showcase the best in office design from around the world, educating the region about the latest office trends and providing invaluable industry networking opportunities for firms. It will also broaden its show offering to include specialist health and education suppliers to meet the regional growth in both these sectors.
The Office Exhibition’s association with the International Interior Design Association (IIDA) as its official knowledge partner for the second consecutive year also enables the regional architecture and design professionals to access some of the most respected industry opinion.
Following the success of the 2011 show, when a significant amount of business was closed onsite, exhibitors are anticipating next year’s event. Nearly half of the exhibition floor space for 2012 has already been sold prior to the event’s official launch, with 30% of that booked at the end of the 2011 show.
The Office Exhibition will take place at the Dubai World Trade Centre from May 15-17, 2012.
With a booming office market and an exciting year predicted for 2012, Commercial Interior Design speaks to the office suppliers everyone should know.