The big 5 Heavy 2018 exhibition will take place for the first time on the 26th of March to the 28th in Za’abeel Halls 4 to 6 in the Dubai World trade center.
The event is dedicated to the heavy construction and concrete industry and will focus on five sectors: concrete, PMV, roadworks, mining and building materials manufacturing. Companies targeted are those working in construction and demolition projects in the Middle East require heavy machinery, equipment and concrete solutions. This will bring a range of networking, marketing and new business opportunities to everyone concerned in the industry.
The Big 5 Heavy will host more than 300 exhibitors from 27 exhibiting countries, spread across four dedicated product sectors, namely Middle East Concrete, PMV Live, Foundations and Geotechnical, and Mining and Quarrying.
Richard Pavitt, event director for The Big 5 Heavy, said: “Concrete equipment, tower cranes, earth moving machines, drilling, and mining don’t traditionally sit within a building materials show like The Big 5. There is a specific need for a standalone heavy construction exhibition that caters to the Middle East market.
The launch of the event comes at a time when the GCC is responsible for 68% of all active projects in the MENA region.
According to a BNC Network report, put together for The Big 5 Heavy, there are about 22,902 active projects, valued at $2.4tn in the GCC alone.
The report further noted that the total value of tender announcements increased in 2017 by 50.2%, emphasizing the crucial role of heavy machinery in the region’s construction and building industry.
According to The National, Dubai has approved its biggest ever budget for 2018 as the emirate ramps up infrastructure spending to finance work for Expo 2020, the government said on Sunday.
Expenditure will surge 19.5 per cent to Dh56.56 billion from Dh47.31bn in 2017 and revenue will increase 12.5 per cent to Dh50.36bn from Dh44.78bn in 2017.
Infrastructure spending will rise 46.5 per cent next year as the emirate prepares for construction projects related to expo 2020, representing 21 per cent of total expenditure in 2018.
The government has earmarked more than Dh5bn for Expo-related projects this year. Total government investment for the Expo is forecast at Dh25bn.
Consequently, the value of construction equipment rental market is on the rise.
According to a report published by Global Market Insights in January 2017, the value of the construction equipment rental market is on track to hit $75.18bn by 2024. Factors such as lower administrative overheads, reduced maintenance costs, and the need to comply with stricter regulations, are expected to drive growth in the market, according to the authors. Improved leasing options have also served to enhance overall customer service by ensuring high product quality, shorter response periods, timely delivery, and scheduled pickups, they added.
According to Global Market Insights: “The [construction] industry is characterized by increasing natural gas drilling activities, coupled with augmentation of the highway network and formation of smart cities. This will lead to a corresponding demand in the construction equipment market, and also give impetus to the rental sector.
“Commercial and residential real estate has also driven construction equipment market size,” the report continued. “Developing technology with greater efficiency and accuracy in material handling has placed high emphasis on safety and productivity at the workplace.”
The earthmoving machinery market, which includes products like excavators and wheel loaders, is expected to be worth more than $40bn by 2024. The value of the concrete and road construction equipment segment, meanwhile, is likely to grow to more than $10bn during the same period, according to Global Market Insights.
NFT at Big 5 Heavy 2018
What products are you exhibiting at The Big 5 Heavy this year?
We would like to promote our new YARD and and to give a glimpse of our daily operations. We will be promoting our state of the art 300,000 square meter yard by transporting visitors there through Virtual Reality (VR). Visitors and customers will be able to have a first class seat on top of the yard to see the size and facilities available.
When it comes to product introduction, we plan to promote 2 of Potain’s latest developments: the MCH and the HUP. The MCH is the latest introduction in the top slewing range.
The first prototype of the MCH 125 was displayed at Bauma China in 2016. The MCH is a hydraulic tower crane where the luffing of the jib is generated by a new hydraulic cylinder located under the jib foot. As a result, a luffing winch is no longer required, leading to savings in power consumption. Indeed, a smaller generator is required than conventional luffing cranes. Furthermore, having eliminated the need for a luffing winch, reeving the luffing ropes and the strut are no longer required. This means the erection of the MCH is much faster, especially since the hydraulic system components are connected at the factory. Therefore, the MCH helps with cost saving while improves ROI by being ideal for congested urban job sites, saving time on erecting and dismantling the crane, and reducing costs related to logistics and delivery.
Another product we plan to promote is the latest Self-Erecting development by Potain: The Hup. The Hup has 4 main features. First, it is versatile because it offers up to 16 configurations for more lifting options. Second, its innovative movement technology enables unfolding in narrow and compact areas so the jib unfolds over the top to preserve space under the crane when working next to buildings. Third, it is 100% “digital” in the sense where its remote control–powered erection and piloting delivers convenient and secure operation. Finally, the HUP guarantees higher ROI because crane erection and dismantling are fast and easy with minimum operator effort.
Just like we do with every event, NFT’s main objective is to first support its customers. During the 3 days of the exhibition, NFT’s CEO, Sales and Operations team will be present and available to listen and welcome all its customers at the stand. Second, NFT would like to promote its products and services to ensure more stakeholders are aware of what we do and how we do it. Finally, we hope to introduce ourselves to new customers from around the world. We’re looking forward to a successful event, especially that now we have an exhibition tailored for the heavy construction industry!
What is the MCH new tower crane from Potain
- NEW! VVH: Luffing Hydraulic System
- The jib luffing generated by an exclusive new hydraulic cylinder
- Power consumption lower than conventional luffing mechanism: requires a smaller generator than competitive models to lower your operating costs
- Complete luffing of the jib in 2 min with VVH Luffing System
- EW! VVH Luffing System
- The fastest installation for a luffing jib crane
- The MCH 125 erects faster and more easily than a luffing crane ever has before
- Hydraulic system components are connected at the factory for faster and easier erection
- No luffing wire rope installation needed thanks to the innovative hydraulic system
- Hoisting winch, maintenance derrick, and the jib wind side plate are also pre-installed
- Unique wind-sail configuration pre-installed at the factory with no need to adapt onsite for any jib length
- Ideal for the most constrained jobsites
- Jib can be raised up to near vertical position: 87° angle luffing capacity
- Very short 7 m Counter jib with simple fixed counterweight installation
- Very short out-of-service weathervaning radius of 13,5 m is ideal for congested job sites
- Cab can be installed either on the right or the left side of the crane allowing the crane to position close to a building
- LVF: Frequency Variation Lifting mechanisms with 2 hoisting winch options
- Max hoisting speed 81 m/min with 2 t 100 m/min with 2 t
- Drum spooling capacity 456 m 533 m
- RVF Optima + Slewing mechanism with speeds up to 0,8 rpm
- Most adaptable luffing jib crane for congested urban job sites
- Time saving for erecting and dismantling the crane
- Optimized transport for easy and cost-effective logistics
- Standard 1.6 m or 2 m L-mast systems for fleet optimization
- Most optimized transport available
- Four containers or four trucks needed for the complete upper slewing crane part
- Compact dimensions of the counter-jib and jib foot also maximize transportability and reduce costs
NFT stand is located at Z5 A81.
For more information on the cranes mentioned above and our other products, we invite you to visit our stand at Big 5 Heavy 2018 and you can also emails us at marketing@nftcrane.com
More Construction News
Deloitte: GCC construction market ‘witnessing solid growth’
The GCC region’s construction sector boasts a robust pipeline of projects currently in the planning stages, thus indicating there is still demand for construction projects, said a report by consultancy and advisory firm, Deloitte.
These projects are mainly driven by social needs, initiatives associated with economic transformation plans, government’s commitment towards investment in infrastructure, as well as tourism-related projects, stated Deloitte in its eighth edition of the GCC Powers of Construction report.
The report highlights the importance of greater private sector participation to improve the delivery of social services, including healthcare, education, transportation, and utilities infrastructure.
Cynthia Corby, the audit partner and infrastructure and capital projects leader for Deloitte Middle East, said: “The use of different forms of private sector participation in the Gulf economies, such as public-private-partnerships, attracting foreign direct investment through the easing of restrictions and privatisation of state-owned assets, are key elements to achieve the GCC leaders’ visions for socio-economic reform and fiscal balance.”
Construction companies also face challenges in raising debt as GCC banks remain risk-cautious on the sector, added Corby.
Kosta Georgiadis, the head of debt advisory at Deloitte, said: “The banking system in the UAE and Saud Arabia, the two largest real estate development markets in the region, has maintained a healthy level of deposits from both the public and private sector and there continues to be appetite to deploy much of this liquidity back into the market.”
“Local banks are able and willing to avail financing to feasible projects based on acceptable debt and equity levels (usually 60 to 70% loan to construction arrangements), provided that developers are capable and prepared to stand behind the project with additional equity and debt servicing support should the project experience any unanticipated delay or softening in revenues,” he stated.
The Deloitte report also examines the challenges associated with the recent introduction of a Value Added Tax (VAT) in the UAE and Saudi Arabia, suggesting options to mitigate related risks through adopting appropriate processes and controls.
“The challenges to a successful implementation of VAT cover 3 main areas – that is financial, commercial, and operational. On the financial side and in an industry operating on thin margins, one of the biggest areas of concern would be the planning for cash flow impacts,” said Bruce Hamilton, the indirect tax partner at Deloitte.
“It is crucial that developers and contractors perform a comprehensive impact assessment to determine the additional cash flow needs, as this will have an effect on their working capital requirements. The other important issue is understanding when the time of supply (the tax point) arises, so that you can ensure it is not inadvertently triggered in a way that brings forward your VAT liability,” he added.
GCC construction pipeline worth over $2tn
And the raft of infrastructure works planned across countries such as Kuwait, Saudi Arabia, and the UAE, is strong, according to Deloitte’s report, published this month.
Construction is the largest sector, boasting more than $1tn of big and small projects. Transport is second, with $447bn. Power and energy rank third, with around $224bn worth of projects under development across the GCC. These figures come from MEED Projects and were referenced in Deloitte’s report.
The report’s author, Cynthia Corby, partner and construction leader at Deloitte Middle East, said: “The regional projects pipeline is forecast to be over $2tn of projects currently in the planning stage according to MEED Projects, indicating there is still a strong need and demand for the core capital expenditure with a focus on transport, housing and social infrastructure.”
“Dubai, will continue to be an event-driven market focused on the core infrastructure required to make Expo 2020 a success, whilst there are a number of large-scale mixed-use developments to be delivered in Saudi Arabia in the foreseeable future. The key to these projects coming to fruition is that the funding for each should be clearly earmarked and the projects should be assessed for their feasibility and whole life cost to ensure these investments can produce the desired Return on Investment and will be built at a sensible capital cost.“
Investment in infrastructure is led by an events-driven UAE market, which is rapidly developing real estate in time for Expo 2020. In Saudi Arabia, for example, a collection of large mixed-use developments are under development.
UAE
Among building contractors, Dubai will remain the “bright spot” of the GCC’s construction sector, thanks to the sheer number of project opportunities relative to other regional markets. The emirate’s 2018 budget reflects this, with 21% of the capital set aside for infrastructure investment as Dubai gears up for Expo 2020.
In the UAE capital, Abu Dhabi, two transport projects – the Abu Dhabi Metro and Etihad Rail Network – should come back online after both were put on hold in 2016, according to Deloitte.
Saudi Arabia
As Saudi aims to increase the private sector’s gross domestic product (GDP) contribution to 65%, there is a plan to privatise projects and have more delivered via public-private partnerships (PPP). More mixed-use projects are being planned for the Kingdom too. The Ministry of Housing is also reportedly exploring a government-funded project to build 100,000 homes in the next seven years, Deloitte claim.
Kuwait
Kuwait, blessed with vast oil riches, is set to focus PPP when it comes to future construction projects, according to Deloitte. Major projects include a $7bn metro system within Kuwait City and a $14bn residential city boasting 35,000 housing units.
Oman
Oman and Bahrain have relatively small project pipelines in comparison to some of the other Middle Eastern giants. The former, Deloitte claim, has been “substantially affected” by the oil price drop, but does boast a key project of note: a $10bn industrial economic zone.
Bahrain
In Bahrain, a key construction project is the government-led plan to build a 115km cross-country rail network. The project is expected to be awarded toward the end of the year. In addition to this, two mixed-use schemes are set to be awarded too: Marsa Al Seef ($2.5bn) and Bander Al Seef ($2.7bn).
While infrastructure projects under developments are plentiful across the region, this healthy pipeline is set against a backdrop of business conditions that are “tougher today” than they were in the past, according to Deloitte.
However, the good news is this: the Middle East will sustain its flow of infrastructure projects moving forwards, with markets driven by economic need and a raft of initiatives, including Saudi Vision 2030, Abu Dhabi Economic Vision 2030, Dubai Plan 2021, and Qatar National Vision 2030.
Big 5 Saudi showcases construction innovations suited for vision 2030
DEMAND for new housing and enhanced urban living will peak in Saudi Arabia as Vision 2030 pushes to raise real estate contribution to GDP from 5% to 10%. Until March 8, 2018, The Big 5 Saudi will show innovation in building design and the construction technology needed to accelerate urban growth.
“Housing development in 2018 will show an increase of 30-40% compared with last year and the total projected residential projects will reach more than 250,000 square meters. This number will incrementally grow over the next 5 years on a 25-40% rate annually,” forecast Dr Mohammed S. Al Surf, Regional Manager of Market Development at Saudi’s Green Building Certification Institute.
Speaking at The Big 5 Saudi, Dr Mohammed updates visitors on the current urban market and explore how green building incorporates factors of energy reduction and healthy living.
Aside from the education on offer at Jeddah Centre for Forums & Events, The Big 5 Saudi is showing the latest solutions and materials in construction from 400 local and international exhibitors.
“Fully aligned and in full support of the Kingdom’s Vision 2030, we believe that The Big 5 Saudi is of great advantage to introduce our products to the potential Saudi Arabian market,” said Omar Khayal, Business Development Manager at special solutions exhibitor RIVA GmbH Engineering.
Just one of the products matching KSA urban goals, the RIVA Umbrella promotes usage of promenades and parks by providing shade. Powered by solar, it can be controlled via cell phone for custom results.
Other brands to bring residents outdoors are Beka Sport with their artificial floor solutions to create activities such as outdoor chess and city golf, and Eibi with their durable playground equipment.
Filling the gap between outside and inside the home, exhibitor Edgetech show their Super Spacer at The Big 5 Saudi and discuss how preventing thermal bridges is the key to an energy efficient room.
Looking to advance the quality and health of home life, GROHE’s award winning Sensia Arena is an innovative merging of both toilet and bidet that brings a new level of cleaning options to the WC unit.
“The Big 5 Saudi has become one of the most important construction events for the region and the industry as a whole,” said Antoine Khalife, Vice President, GROHE Levant and KSA. “The event is a crossroads for construction professionals from across the GCC, as visitors will come to see innovative construction products which they have never seen before,” he concluded.
Products on display at The Big 5 Saudi span across bathroom and kitchen fittings, smart city resources, steel and solar technology. The event also displays concrete & PMV equipment and material handling in an outdoor zone dedicated to heavy machinery and warehousing products.
The End.
Sources:
https://www.manitowoccranes.com/en/cranes/potain
http://www.cbnme.com/news/deloitte-gcc-construction-witness-growth/
http://www.constructionweekonline.com/article-48346-gcc-construction-pipeline-worth-over-2tn/
http://saudigazette.com.sa/article/529907/BUSINESS/Big-5-Saudi-showcases-construction-innovations-suited-for-Vision-2030