Major Construction Projects Spell Boom for Interior Design Industry
Currently standing at over USD 8 billion the Fit out market has a welcoming future, Thanks to ongoing big construction projects and upcoming Expo 2020
Roma Sadaqat -Dubai – May 24, 2016
The number of major projects currently in the construction pipeline in the UAE will spell a boom for both interior and design companies, in the region and internationally, officials at the index 2016 exhibition noted.
Currently underway at the Dubai World Trade Centre, the event welcomed more than 1,000 exhibitors, with 350 new exhibitors over last year’s edition. Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, officially opened the doors to the exhibition on Monday.
“Index has seen significant growth over the years and is back with even bigger editions for 2016. The event offers the best opportunity in the region for the design community to come together for networking and sourcing products and judging from the buzz this morning, it is set to be the best year yet, said Samantha Kane McDonald, event director of Index at dmg events.
According to Ventures Middle East, the value of the GCC interior and fit-out market has risen and is now worth an estimated $7.35 billion, an increase of 25 percent from the previous year. It is this increase that exhibitors which as Styro are targeting in the coming years.
“The rise in construction, several exhibitions for increased opportunities for the interiors and fit-outs market in the region. And Styro offers an unmatched product that can be easily moulded, shaped and used for a variety of applications. Our products are Class A fire Retardant, heat resistant, tremor proof and offers many eco benefits that meet the industry standards. Walid Wakim, the general manager of Styro, said. “This year at INDEX we will showcase our technological advanced products, some of our iconic projects, as well as our at art and decoration division.”
Those familiar with expanded Polystyrene (EPS) manufacturer will know that its products have been used in a number of projects in the UAE including the Atlantis hotel, the Global Village country pavilions, the attractions at Wild Wadi and Yas water world, and even the sets of Mission Impossible 4 movie.
With fire and weather conditions being a major concern in the Middle East, Styro products are carefully engineered to withstand fire and heat, making it the most suitable product for any interior and exterior application. Walid also revealed that the company will soon be launching its retail division to cater to the demands of everyday consumers, such as school children and university students, in the UAE.
