ICONS CONSULTING: Bright futures for Qatar and Abu Dhabi
Construction suppliers now see Qatar and Abu Dhabi as the key places to do business, exhibitors at The Big 5 have said.
Investors are showing growing confidence in the Middle East, particularly Doha, where there is an opportunity to build new projects.
“We supply foundation pumps for piling, shoring and dewatering and a lot of our business is going on in Qatar and Abu Dhabi now as there are new projects developing there,” said Austin Parfett Foundations sales manager Devanand.
Devanand predicts business to pick up in Dubai in the next couple of months as his company has future projects planned in the emirate.
Wilo, a manufacturer and supplier of pumps and pump systems for heating, air-conditioning, cooling, water supply and sewage disposal agreed: “Local companies are investing in Qatar and Abu Dhabi. Developers and contractors feel comfortable starting new projects in the area because new developments are progressing at a steady pace and are not accelerating too quickly,” said the company managing director Simon Mrad.
Mrad explained that The Big 5 will give his company an opportunity to show the industry what it can do.
“We want to show delegates that we are here and ready to support and advice them. I predict that the exhibition will be a success.”
Wilo was the first company to introduce an electrical powered water pump, which is designed to save energy when circulating water around a building.
The company wishes to show that this kind of product can save energy and long term-costs.