Sheraton Istanbul Maslak Hotel
"Formidable Growth Amid Political Uncertainty In The Middle East"
"Neighboring GCC countries (Kuwait & Oman) have announced major infrastructure projects that will absorb a significant exportable quantity from the UAE... In addition, Qatar is expected to spend almost US$60 billionwithin next five years in order to be ready to accommodate the 2022 FIFA World Cup..." Feb 2011, World Cement
"The multi-speed recovery of the construction sector in Oman is expected to continue on the background of the improving economic environment...Oman Cement Company expects the demand for cement to reach 5 million t this year." Aggregate Research, April 2011
"Saudi Arabia's cement sector recorded sales growth of 16 per cent in April, the highest in more than a year. The news is a sign confidence in the economy and appetite for projects is increasing." ConstructionWeekOnline, June 2011
With the global economy continuing to recover, cement consumption is on the rise with the revival of the construction sector and the announcement of some major infrastructure projects in countries like Qatar, Oman & Kuwait. Turkey, a top cement exporter to key markets like Russia and other parts of Europe is expected to grow by 60% in the next 10 years and ranked as the fourth biggest exporter in the orld (Source: Hurriyet Daily News, Jan 2011). However, not all is rosy for the Middle East cement sector as political unrest has forced a number of projects to be scaled back or suspended. Cement producers are also faced with escalating raw material cost forcing production cost and cement prices to be volatile.
Driven by demand, will the Middle East see greater opportunities in 2012 and compensate for the hit caused by the political tension?
CMT's 6th MiddleEast CemenTrade will shed insights on the evolving cement sector from global to regional to country perspectives.
CMT's 6th Middle East CemenTrade will highlight both critical issues & market intelligence:
| Top 5 Must Attend Reasons
Confirmed Speakers:
You will network with Senior executives from international/regional cement producers/traders, ready-mix concrete, pre-cast & building materials companies, cement raw materials suppliers construction/infrastructure/building/ equity/research analysts, project financiers/banks, engineering, technology & equipment providers, logistics & shipping companies
And many more! |