INDEX, the
Middle East and North Africa’s largest and longest established interiors and design
exhibition, today announced the launch of its first Saudi Arabian edition. INDEX
Kingdom of Saudi Arabia, being held under the Patronage of Sheikh Saleh
Abdullah Kamel, President of the Islamic Chamber of Commerce and Industry, will
take place at the Jeddah Centre for Forums and Events from 29-31 May 2012.
INDEX KSA 2012, the latest
addition to the Kingdom’s burgeoning events and exhibitions calendar, features
six sectors within the show: Furniture, Interiors, Kitchen & Bathroom,
Lighting, Outdoor Living and Textiles. The launch event signals the strength and
growth of the interiors sector and increased demand for design and fit out
services in KSA following the Kingdom’s highest recorded annual economic growth
since 2004-5 and a Government social investment package valued at more than
US$130bn in 2011.
Jaafar
Shubber, INDEX KSA 2012 Project Manager, says: “We are honoured by the patronage of Sheikh Saleh Abdullah Kamel, and grateful for the
opportunity to hold our first INDEX event in the Kingdom of Saudi Arabia.
“
A report conducted by INDEX with
Ventures Middle East in 2011 saw interiors spend in the Kingdom across commercial,
hospitality, residential and retail segments set to reach more than US$2.16bn for the full year,
led by US$359m spend on commercial interiors and US$383m on residential
interior fit out. In addition,
residential furniture sales in KSA, estimated at US$1.7bn in 2011, are forecast
to grow by more than 10 per cent a year over the next four years, reaching
US$2.5bn by the end of 2015, with commercial furniture sales in KSA during 2011
estimated to be worth an additional US$216m.
Shubber adds, “Buoyed by Government investment in
a whole range of infrastructural projects - including housing, education and
healthcare – as well as complementary private sector investment in commercial,
retail, hospitality and residential projects, there has been a huge spike in
demand for interiors and fit out services across the Kingdom, as projects near
completion. It is this demand which has led to the launch of INDEX KSA 2012, with both exhibitors and visitors to our
flagship Dubai event expressing a real interest in a dedicated edition of the
show for the Kingdom.”
Three months out from the Jeddah
show opening, 90 per cent of exhibition space at INDEX KSA 2012 has already
been booked, with more than 120 exhibitors confirmed from 25 countries across
Europe, the Middle East, North & South America and Asia.
Shubber says; “To have 90 per
cent of exhibition space booked for the launch edition of a show in a new
market, three months before opening is almost unprecedented. It is one of the strongest indicators
of the incredible appetite here in the Kingdom for events of this scale and
quality.”
For more information visit www.indexksa.com
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