Exhibitions The Big 5 and INDEX are set to return to Qatar in 2023, due to new partnership between NeXTfairs and dmg.
Leading international exhibitions company dmg events has signed a strategic partnership deal with local NeXTfairs to run The Big 5 Construct Qatar and INDEX Design Qatar in the third quarter of 2023.
Scheduled to take place from September 25 to 27 of 2023, this represents the latest move in dmg events’ regional portfolio expansion strategy.
The co-located trade shows will connect essential suppliers with trade buyers committed to Qatar’s development of infrastructure and offer companies a leadership platform and face-to-face business and networking opportunities.
Matt Denton, dmg events’ president, said: “With the latest World Bank insights forecasting continued positive GDP growth of 4.9% in 2023 amid Qatar’s ambitious ongoing Vision 2030 development plans, the time is right to accelerate opportunities for the regional construction and interiors industry by bringing back two of our most successful flagship brands to this dynamic market.
Together with NeXTfairs, we are also paving the way for the launch of other industry-critical events that will support Qatar’s pro-business tourism proposition and economic growth strategy.”
In its 2021 Qatar Construction Market – Growth, Trends, Covid-19 Impact & Forecast (2022-2027) report, Mordor Intelligence valued the market at $55 million in 2021, with a forecast value of US$76 billion by 2027, registering a CAGR of 10.54% over the period. A total of US$16.4 billion will be invested into infrastructure and real estate projects by 2025 under Qatar National Vision 2030. In addition, the pending ratification of a new law regulating public-private partnerships is set to further accelerate the sector’s opportunities.
Commenting on future event opportunities across a broad range of industry sectors, Rawad Sleem, Co-Founder and General Manager of NeXTfairs, said: “Exhibitions represent a major growth opportunity for Qatar, driving national economic development, contributing to trade, nvestment, innovation and more.”
The Big 5 events are an unmatched platform for the global construction industry to secure new business across the Middle East, Africa and South Asia. Staged in Dubai since 1991 and welcoming thousands of trade visitors annually, INDEX Dubai is the largest and most significant international interior and fit-out trade show in the MENA region, connecting the world’s leading brands and manufacturers with regional hospitality, residential, commercial and retail buyers. ✤
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