The construction boom in the Middle East is unperturbed despite the Covid-19 pandemic, the energy sector continues to expand with large scale plants, Qatar will be hosting FIFA World Cup and constructions are on going with hotels and stadiums, Saudi is allocating USD1.1 trillion in infrastructure and Egypt has 35 projects in the pipeline.
Malaysia a friendly party to the Middle East can tap into the region for the local construction and building materials sectors to expand their business at this opportune time. This is exactly what Malaysia External Trade Development Corporation wants to do, by organising and inviting potential participation of Malaysian companies for the upcoming ‘The Big 5 Dubai Show’ at Dubai World Trade Centre from 12 – 15 September 2021.
The main objectives of the participation will be to promote Malaysian products and services, explore business opportunities as well as to collaborate with potential strategic partners in the construction related projects in the Middle East region. Besides, the Big 5 Dubai is also an ideal platform to showcase Malaysian capabilities in supplying highest quality building material products.
The Big 5 Dubai is known as the largest influential building and construction exhibition in the Middle East. This year, the Big 5 Dubai exhibition will host more than 2,000 global exhibitors from more than 100 countries.
Besides physically exhibiting at the event, MATRADE will also be conducting online virtual business matchings or eBizMatch in conjunction with The Big 5 Dubai 2021 exhibition. The eBizMatch provides a cost-effective virtual platform for Malaysian companies to meet and discuss with foreign buyers.
According to Mr. Idzham Abdul Hamid, Director of MATRADE’s Construction and Business Services Section, “Last year, Malaysia’s total exports of building materials were valued at RM35.86 billion. Amongst our major markets include the People’s Republic of China which saw an increase of 335.7% followed by the United States of America, 25.4% and the Philippines, 4.7%. The major products exported were steel bars, plywood, sawn timber and glass related products.
In addition, MATRADE aims to attract the attention of project owners such as Dubai Creek harbour, Yes Bay Development Abu Dhabi, Al Dhafra Solar Photovoltaics (PV) project and Dubai South residential projects. It would be a great opportunity for Malaysian companies to supply innovative and quality construction materials to these projects.
In order to further assist Malaysian exporters in securing new markets, the MITI agency will once again organise its International Sourcing Programme (INSP) in conjunction with Archidex 2021 which will be held from 3 – 6 November 2021. Malaysian exporters who are interested in penetrating the Middle Eastern market may contact MATRADE Dubai at [email protected].
