With the Middle East construction boom showing no sign of abating, the enormous scale of regional development will be highlighted when the PMV exhibition, dedicated to manufacturers and suppliers of plant, machinery and construction vehicles, joins The Big 5 to create a mega trade exhibition in Dubai later this year. Research by database company Proleads, which monitors regional construction projects across all industry sectors in the Middle East, shows that there are now 3,339 projects estimated to be worth in excess of $2.8 trillion underway in the region, the bulk of development taking place in the UAE and Saudi Arabia. A massive wave of projects in the GCC, Egypt, Iraq and Libya has turned the region into the world's biggest market for plant, construction machinery, vehicles and equipment, demand for which is expected to grow by up to 20 percent over the next four years. As more new airports, ports, mega resorts, theme parks, residential and commercial cities, and man-made islands take shape, industry suppliers are cashing in and they will be out in force when the Big 5 PMV relocates to Dubai International Exhibition Center on Nov. 23-27, transforming the event into one of the world's largest trade shows for the construction industry and associated suppliers. “As the latest research shows, there has been no let up in the construction boom since last year,” said Nick Webb, director of Streamline Marketing Group, which stages PMV on behalf of Dmg World Media, the Big 5 organizers. “It means suppliers of plant, machinery, construction vehicles and equipment are still pursuing contracts worth many billions of dollars, and we've created a platform for them to meet face to face with key buyers.” The UAE is firmly at the centre of the dramatic regional construction activity. There are currently 1,248 projects worth $931 billion under way in the Emirates which is home to more than 35 percent of the heavy equipment available worldwide, while 25 percent of the world's tower cranes are in use in Dubai. Research by Proleads shows that Dubailand, with development worth $182.353 billion now progressing, has replaced King Abdullah Economic City in Saudi Arabia ($129.976 billion) as the region's biggest construction project currently underway. The third largest project is Kuwait's Silk City (US$86 billion). Overall, Saudi Arabia tops the table for active construction, with 1,026 projects valued at $1.102 trillion currently under way in the Kingdom. The UAE, in second place for overall construction project value, has the largest number of active projects. Kuwait is in third spot with 267 projects worth US$ 274 billion followed by Qatar (268 projects -$205 billion), Oman (190 projects - $103 billion), Egypt (45 projects - $72 billion), Iraq (42 projects - $67 billion), Libya (75 projects - $63 billion) and Bahrain (179 projects - $ 61 billion). Nick Webb added: “The PMV element will Bernard Walsh, managing director Dmg World Media Dubai, said: “The arrival of the PMV expo at Big 5 in a single site venue is a natural synergy for us. We've listened to what our exhibitors and visitors wanted and have responded with a one-stop shop for all construction professionals. It plans to be a dynamic five days in November.” With the event still seven months away, Streamline Marketing Group said today it should grow by 35 percent over last year as manufacturers and suppliers worldwide of plant, construction machinery, vehicles and equipment seek to capitalize on the regional boom. Last year's PMV attracted more than 240 key manufacturers and suppliers from 24 countries. This year's exhibitor line-up should break the 300 mark, with exhibition space expected to top 40,000 sqm compared with just under 30,000 sqm in year one. Top 5 Projects in GCC by value (according to Proleads): 1. Dubailand – $182.353 billion 2. King Abdullah Economic City, Saudi Arabia – $129.976 billion 3. Silk City Kuwait – $87.5 billion 4. Prince Abdul Aziz Bin Musa'ed Economic City in Hail – $53 billion 5. Saudi Power Network – $50 billion Total value of active GCC projects: $ 2.861 trillion - 3,339 projects. Top 5 Projects in Saudi Arabia by value: 1. King Abdullah Economic City – $129.976 billion 2. Economic Cities in Northern & Eastern Regions – $60 billion 3. Prince Abdul Aziz Bin Mousa'ed Economic City in Hail – $53 billion 4. Saudi Power Network – $50 billion 5. Jizan Economic City – $30 billion Total value of active Saudi projects: $1.102 trillion - 1,026 projects. Top 5 Projects in UAE by value: 1. Dubailand – $182.353 billion 2. Dubai World Central – $64.853 billion 3. Mohammed Bin Rashid Gardens City, Dubai – $54 billion 4. The Palm Deira – $51.042 billion 5. Yas Island Development, Abu Dhabi – $39.910 billion Total value of active UAE projects: $931.895 billion - 1,248 projects. Top 5 projects in Kuwait by value: 1. Silk City – $87.5 billion 2. Sabah Al-Ahmad Township – $27.690 billion 3. Al-Khiran Residential City (New Zour Township) – $20.150 billion 4. Kuwait Railway – $14 billion 5. KNPC - Refineries Upgrade Program $13.121 billion Total value of active Kuwait projects: $274.730 billion - 267 projects. Top 5 Projects in Qatar by value: 1. QP - Al-Barzan Development in the North Field – $20 billion 2. ExxonMobil Integrated Gas to Liquids (GTL) – $18 billion 3. Lusail Real Estate Development – $13.816 billion 4. Pearl Integrated Gas to Liquids (GTL) – $9.550 billion 5. Doha Port Project – $9.550 billion Total value of active Qatar projects: $205.627 billion - 268 projects. Top 5 Projects in Oman by value: 1. Al-Madina Al-Zarqa (Blue City) Development – $15.1 billion 2. OmanIndia Gas Pipeline – $10 billion 3. OOC - Duqm Refinery – $10 billion 4. ORC - Duqm Refinery & Petrochemicals Complex – $7 billion 5. OOC - Sohar Olefins Complex – $4.3 billion Total value of active Oman projects: $ 103.733 billion - 190 projects. Top 5 Projects in Egypt by value: 1. Marassi Resort near Alexandria – $17.4 billion 2. Gamsha Bay Township near Hurghada – $16.3 billion 3. Egypt Nuclear Program – $14.5 billion 4. Madinaty Development in Cairo $14 billion 5. India / EGPC - Refinery & Petrochemical Complex – $9 billion Total value of active Egypt projects: $ 72.489 billion - 45 projects. Top 5 Projects in Iraq by value: 1. Iraq Power Demand until 2015 – $25 billion 2. Nasiriyah City Master Plan – $20 billion 3. Rumaila Oil Field Development – $8 billion 4. Karbala sewer system –$5.6 billion 5. Sulaimaniya Gate – $5 billion Total value of active Iraq projects: $67.183 billion - 42 projects. Top 5 Projects in Libya by value: 1. Ghadames Oil & Gas Development – $25.9 billion 2. Mellita Petrochemicals Complex – $10 billion 3. Ras Lanuf Refinery & Petrochemical Complex Expansion – $5 billion 4. Tamoil - Zuwara Refinery – $3 billion 5. Oxy - Refinery near Mellita – $3 billion Total value of active Libya projects: $63.538 billion - 75 projects. Top 5 Projects in Bahrain by value: 1. QatarBahrain Causeway Development – $6 billion 2. Adeem - New Refinery – $5 billion 3. Bapco - Sitra Refinery Upgrade and Modernization – $4.250 billion 4. New Power and Desalination Plant – $4 billion 5. Alba - New Potline 6 and Potline 4 Expansion – $3.4 billion Total value of active Bahrain projects: $61.539 billion - 179 __
