TDIM to Target MENA Region's AED 1.2 Trillion Tourism Projects Sector
03/01/2008 09:01
PR Newswire
DUBAI, UAE, January 3 /PRNewswire/ -- The MENA region's 1.2 trillion-dirham tourism projects sector
is set to receive a boost with the conduct of TDIM - a major, new annual
trade show to be held next month, that will focus on promoting flow of
investment, resources and expertise into tourism development in the region.
TDIM 08 (http://www.tdimonline.com), (Tourism Development
Projects & Investment Market), to be organized January 20 to 22, 2008 at the
Dubai International Exhibition & Convention Centre, will be organised by Reed
Exhibitions Middle East with the support of DTCM (Department of Tourism &
Commerce Marketing - Government of Dubai) and WTTC (World Travel & Tourism
Council). TDIM sponsors include Nakheel, Dubai World Central (DWC), Emirates
Airlines, Falcon City of Wonders and Dubailand.
TDIM has appointed PR Newswire as the official news wire
distribution service for the event.
TDIM offers an excellent platform for local and international
investors and key players from tourism and associated industries to meet,
discuss, explore and enter into new partnerships and has been designed to
facilitate investment, knowledge-sharing and networking for all key
stakeholders in the tourism market. With the excellent market response TDIM
has received, exhibit space is poised to exceed 19,000 square metres - a
major accomplishment for what is the inaugural edition of the show.
Reed Exhibitions have also launched an innovative initiative
at TDIM 08 aimed at providing high-end global investors with opportunities to
evaluate potential investment prospects in the region's trillion dirham
tourism projects sector. The programme branded HICE (Hosted Investors &
Corporate End-Users) provides a networking platform for TDIM exhibitors and
HICE participants who will include senior decision-makers from global tourism
project development companies, major banks, investment houses and tourism
franchisee owners who will be hosted guests at the show. The HICE programme
is structured to prepare the ground to facilitate investment flows from
global investors into the sector.
A market survey conducted by Reed Exhibitions in preparation
for TDIM has revealed that AED 1 trillion has been committed to
tourism-related projects in the GCC that are expected to be completed by
2018. Of this, the UAE accounts for AED 858 billion or 85 percent of the
total tourism project investments in the GCC.
Oman, with AED 61 billion in tourism project investments, and
Qatar, with AED 31.1 billion, occupy the second and third slots among the GCC
countries. Bahrain (AED 20.77 billion), Saudi Arabia (16.44 billion) and
Kuwait (12.67 billion) have also managed to attract significant investments
into tourism project development. The figures exclude infrastructure costs
such as power plants and transport networks.
Reed's survey has also shown that the UAE tops the GCC in
terms of land area occupied by tourism projects. It has an area of 558
million square meters under development for tourism projects, accounting for
more than 75 percent of the combined land area under development for tourism
in the GCC.
Background on Reed Exhibitions:
Reed Exhibitions is the world's leading events organizer and
in 2006 brought together over six million industry professionals from around
the world generating billions of dollars in business. Reed organises
exhibitions, conferences and meetings in 34 countries throughout the
Americas, Europe, the Middle East and Asia Pacific through 37 fully staffed
offices. Its portfolio of over 460 events serves 52 industry sectors and
includes leading industry events in travel, tourism and real estate such as
the Arabian Travel Market, World Travel Market, MIPIM, MAPIC and SIMA.
For further information: Ara Fernezian, Show Manager - TDIM 2008, Reed Exhibitions, Middle East, Ph: +971-2-4446113, Fax: +971-2-4443768, Email: ara.fernezian@reedexpo.ae or Brian Carvalho, ASDA'A Public Relations, Ph: +971-2-6334133, Fax: +971-2-6334233, Email: b.carvalho@asdaa.com