
MORE THAN 100 local companies and 50 international firms took part in the 3 rd International Machinery & Equipment Exhibition (Machinex Arabia) and the 18 th Propac Arabia, held concurrently at the Jeddah Centre for Forums & Events on 19-21 February, 2013. Both events were organised under the patronage of the Saudi Industrial Property Authority (MODON).
Some 7,000 visitors including traders, industrialists, and university students, were in attendance. With this remarkable turnout, Zahoor Siddique, vice president of Al Harithy Company for Exhibitions, concluded that Machinex Arabia remains the perfect annual meeting place for global suppliers of machinery and equipment and Saudi businessmen to explore the huge prospects prevailing in this most lucrative market.
“Machinex and Propac Arabia serve as an ideal networking and marketing platform that will gather key figures, decision-makers and manufacturers from the global building, construction, and industrial machinery and equipment. Exhibitors can benefit from maximum brand exposure during the event, while creating exciting opportunities to expand their business contacts in KSA, and explore new deals and investment opportunities,” Mr Siddique said.
The demand for industrial projects has encouraged MODON to set up 40 industrial cities throughout the Kingdom by 2015. Investment in the industrial sector has risen from US$ 24.57 billion in 2009 to US$37.70 billion in 2010. Today, the investment figure has jumped two-fold from its 2010 level. According to MODON, the industry has become one of the fastest-growing sectors in Saudi Arabia creating unparalleled demand for the full range of industrial machinery, machine tools and spare parts.
Propac Arabia supports the growth in various sectors. Demand for all types of packaging and printing services, as well as materials such as plastic and chemicals, is also on the upswing.
The 4th edition of the show will be held in Jeddah on 9-12 February 2014, and similar events are being scheduled in Riyadh, Saudi Arabia.
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