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Investments driving renewed materials handling activityby ASC Staff on Sep 6, 2015
A spate of investments in the UAE’s industrial sector is injecting renewed impetus in the materials handling industry, as global logistics and warehouse suppliers turn their backs on sluggish domestic markets and look to the Middle East for growth.
Abu Dhabi’s Khalifa Port's Industrial Zone (KIZAD), and the newly named Dubai South have seen several multi-million dollar investments in various manufacturing, warehousing, and logistics operations in the first eight months of 2015.
Al Gharbia Pipe Company’s $300 million manufacturing plant in KIZAD has added to the $322 million in investments in the UAE Capital’s industrial zone for the first half of the year, while in June 2015, global supply chain company Mohebi Logistics broke ground on its new $150 million 260,000sqm facility at Dubai South.
Such large scale investments underline the positive sentiment currently pervading the regional industrial sector, and will ramp up demand for intralogistics providers and suppliers of heavy lifting equipment, pallets, racking, and picking and storage solutions.
More than 150 brands from 21 countries will be showcasing their latest wares at the upcoming Materials Handling Middle East exhibition, the region’s only dedicated trade and networking event for intralogistics, warehousing, supply chain management, freight and cargo.
Organised by Messe Frankfurt Middle East, the three-day event, now in its 8th edition, will take place on 14-16 September 2015 at Dubai International Convention and Exhibition Centre.
Debut exhibitors include Bulmor Industries, the Austrian manufacturer of multidirectional sideloaders, which is targeting Middle East steel, aluminium, plastics, and automotive manufacturers.
“The Middle East’s construction and major steel structural project market has recovered significantly from the global financial crisis, and we’re seeing a marked increase in activity and orders from regional manufacturers,” commenbted George, managing director at Bulmor.
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