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admin · Posted: 2006-11-12, 13:23 **Saudi Luminex 2007 January 29 - February 01 2007**

Unparalleled Liquidity-fuelled Construction Boom and Low-Interest Credit Plans Push up Demand for Lighting Equipment Products

Saudi Arabia is in the grips of an unparalleled construction boom. The Kingdom’s roughly $20 billion real estate market is recording frenzied activity, propelled by high oil prices, excess liquidity, a growing population and a variety of investor-friendly low-interest credit plans. In 2005, the construction sector accounted for a massive $15 billion share of Saudi Arabia’s vibrant economy. Meanwhile, the construction activity frenzy has driven up demand for a vast variety of construction-related equipment and fixtures. Over the coming few years, hundreds of thousands of apartments, houses, office complexes, restaurants, leisure centers and hotels are going to be springing up in Saudi Arabia. They are all going to push up demand for every kind of lighting product. The increase in Saudi Arabia’s population, and related construction boom are triggering a rapid expansion of residential areas. As the residential areas expand, demand for street lighting is also being pushed up.

Demand for lighting is also being fuelled by Saudi Arabia’s growing industrial sector, in particular the strongly-performing oil, gas and petrochemicals domain. The enormous lighting demand created by this cocktail of demand-fuelling factors has created innumerable opportunities for foreign and regional investors. Nowhere in the region is the lighting and equipment fixtures market more exciting.

Half a Million Housing Units Expected in Saudi Capital Alone; State Infrastructure & Industry Plan Bolsters Lighting Demand

As Saudi Arabia’s building boom continues unabated, construction of a stunning half million housing units is forecast in the Saudi capital Riyadh over the next few years. From apartments, to homes and villas, it’s all being built. And then there are the hotels, restaurants, business centers, expanded road networks, and new or overhauled industrial zones. All this construction is fuelling demand for construction-related equipment in general and lighting equipment and fixtures in particular. Since Saudi Arabia feeds much of its lighting market through imports, the Kingdom now constitutes a haven for global and regional lighting market investors who recognize the unparalleled potential of Saudi Arabia’s growing lighting market. It’s simply overflowing with opportunity.

Demand for the complete range of lighting equipment, fixtures and products is also being driven by an ambitious, far-reaching Saudi government infrastructure and industry expansion plan. As existing highway, road and street networks are broadened, to accommodate expanded and new residential and industrial areas, demand for street lighting is going to skyrocket. Under the plan, 600 new factories are set to be constructed, as well as a number of hospitals and public buildings. They are going to push up demand not just for street lighting but for interior lighting as well, including cutting-edge, specialized products such as the latest in spotlights. In an indication of the Saudi government’s commitment to upgrading and increasing infrastructure networks and institutions, its yearly municipalities budget – which covers lighting – amounts to a staggering $2 billion.

Cutting-Edge Building Designs Fuel Demand for Complex Avant-Garde Lighting Products and Fixtures

The avant-garde, leading edge design – both interior and exterior - of many of the buildings mushrooming across Saudi Arabia, notably in the capital Riyadh, are creating growing demand for a whole array of specialized lighting. Much of the lighting needed in these buildings, especially industrial complexes, offices, hotels and hospitals, is complex and computerized. Whatever your cutting-edge new product, you can be sure it will be needed in the coming years in Saudi Arabia. From display, anti-glare, large-area and workstation lighting, to concealed fittings, ornamental items and chandeliers, they are all in demand. In a further boost for lighting sales, the growing disposable income of Saudis means that they are more willing than every to spend on home and apartment lighting that is going to be the talk of the town

Saudi Luminex 2007: At the Heart of an Exciting Lighting Market, A Global Meeting Place for the Industry’s Key Players

Saudi Luminex 2007 is going to offer top lighting professionals from across Saudi Arabia, the region and the world the perfect gateway to the biggest, most exhilarating lighting equipment and fixtures market in the region. Everyone in the industry is going to be there, from suppliers and distributors to agents and buyers. Participants will also have unparalleled access to the top public Saudi decision-makers, who can facilitate investment and ensure the process runs smoothly. Don’t miss the chance to gain maximum exposure for your products at a global business crossroads, right at the heart of a thriving, expanding lighting market. At no other lighting show in the region will you meet so many lighting industry movers and shakers. Saudi Luminex 2007 is going to be an exciting melting pot of supply and demand, interest and opportunity.

Showcase Your Products, Enjoy Top Exposure at the Heart of the Most Vibrant Market in the Region

If you’re a player in the lighting technology world, then Saudi Luminex 2007 is the biannual show you can’t afford to miss. Where better to showcase your products than in the capital of one of the region’s most vibrant Lighting technology markets, at the crossroads of global markets. It will be overflowing with investment opportunities. Only at Saudi Luminex 2007 will you meet such an exciting range of trade buyers, industry professionals, agents and distributors, from Saudi Arabia, the region, and across the world.

More info on http://www.recexpo.com/re...rview.asp?id=98