Posted by Bob Brunskill
Dubai and the wider UAE has become a base metals supply hub to the entire Middle East, it has been claimed.
According to Tekno/Tube 2011, an international trade fair for industrial machinery, metalworking, and machine tools, new investments in the Gulf's pipes, tubes and steel industries will exceed $20 billion between now and 2020.
Satish Khanna, general manager of Al Fajer Information & Services, the exhibition organiser, said: "From aluminum and steel to special and precious metals, the UAE is the place that could provide the entire GCC and Middle East region with base metal products.
"Moreover, the presence of huge aluminum smelters in the region constitutes a great opportunity for the downstream aluminum industry."
Mr Khanna also noted that the UAE's role as a hub for the wider region has been reinforced by the development of Dubai Industrial City, a massive manufacturing and industrial complex which covers 560 million sq ft of prime land.
The trade fair will be held from January 8th-11th, 2011 at the Dubai International Convention and Exhibition Centre.