PMV Live Roundtable pt 5: 2014 and beyond
With the start of PMV Live around the corner, CMME presents it coverage of the special PMV Live Roundtable that took place in October. Taking part of a lively discussion was: Putzmeister’s regional director Jens Bawidamann Martin Kirby, managing director, Wolffkran Arabia; Talal Al Mahroos, marketing manager, M H Al Mahroos (brands include: Putzmeister, Genie, […]
With the start of PMV Live around the corner, CMME presents it coverage of the special PMV Live Roundtable that took place in October.
Taking part of a lively discussion was: Putzmeister’s regional director Jens Bawidamann Martin Kirby, managing director, Wolffkran Arabia; Talal Al Mahroos, marketing manager, M H Al Mahroos (brands include: Putzmeister, Genie, Karcher, Yanmar); Abdul Qader Mohamed Al Ali, president, Al Wasit Machinery (brands include: Hyundai, Sumitomo); Nabil Al Zahlawi, managing partner, NFT Cranes (Potain, Orbit); and Nathan Waugh, event director, PMV Live.
In the final part of CMME’s coverage the panel looks ahead and give their hopes for 2014.
Martin Kirby, Wolffkran Arabia: “Utilisation has been pretty good to me but I would like to see a change in the supply demand dynamic next year. Rental rates have reduced significantly I would like to see them increase but where the contractors are getting good value and it doesn’t make sense for them to purchase new equipment. With the Expo 2020 we could see 2014 being very good. I think there’s enough for everybody and in two or three years we can do very well and have a healthy margin servicing and supporting our customers.”
Abdul Qader Mohamed Al Ali: “We hope with the World Expo it will be a better market. 2012 was a big change and so was 2013, we think 2014 will be a good year even without the Expo. The market is normalised. We see a lot of potential in Abu Dhabi, Dubai, Northern Emirates and Oman. New projects will inject into the market and more machines will come into the market.”
Nabil Al Zahlawi, NFT: “I think 2014 will be a transitional time – a little bit better than this year. Even if they are awarded the World Expo they need one year to prepare the drawings. I believe the activity will reach a normal scale by 2015. Our policy will remain the same – move out of here and open new markets.”
Nathan Waugh, dmg:Events: “I think the latter half of 2013 has been the transitional stage and I think we’re going to see a real increase. I think the past could of years have been like a fire starting, smouldering. I think that in the second quarter we will see a fire in the market and lot of things in the pipeline. From an event point of view we’re seeing that already with this year. I think we’ll see a lot more local people coming and buying at PMV Live.”
Talal Al Mahroos, M H Mahroos: “We’re very positive about 2014 and that’s why we have invested in expanding our facilities in Dubai. If the Expo 2020 we will have to invest more: increase staff and service. It would be for everyone’s best interests.
Jens Bawidamman: “Without the Expo business will be better for everybody next year. We have seen the worst it cannot be less. The Expo would have a huge impact. If only half of what has been announced gets built there will be a big demand for equipment that will be sold and not rented and that will be good for us.”