Monday, February 04, 2008

Airport projects in the region worth $68 billion

Airport development in the Middle East, Africa and South Asia has reached a new high, with projects and expansions across the region now valued at over $68 billion.
The Gulf countries account for $43 billion of this growth, with $21 billion worth of development now under way in the UAE where Dubai’s annual airport industry exhibition is set to become the largest in the world in 2008.
The pattern of regional airport expansion, fuelled by strong economic growth and increased passenger traffic, is highlighted in research conducted by Streamline Marketing Group, organisers of the Airport Show which takes place at Airport Expo Dubai from June 2 to June 4.
The figures highlight a massive phase of airport construction and expansion through the Gulf countries, and in Jordan, Iraq, India, Sri Lanka and across the African continent.
“The Gulf region alone now has airport developments and expansions worth in excess of $43 billion under way,” said Nick Webb, Director of Streamline Marketing Group.
Webb said exhibition sales are currently up 51 per cent compared with last year, and the 2008 event is expected to feature a record line-up of more than 550 exhibitors taking up more than 17,000 sqm of exhibition space, with 12 national pavilions representing countries including the UK, Germany, France, Singapore, China, Australia and New Zealand.
04/02/08 XPRESS, United Arab Emirates
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment