Preparations for US $90bn of airport development and expansion projects in the UAE are to taking place this month.
The Airport Leaders Summit, one of the world’s leading events devoted exclusively to airport construction, operations, technology and services, will be held at this year’s Airport Expo in Dubai.
The event will provide a forum for industry decision makers from governments and businesses worldwide to find long term solutions to a number of issues, in the wake of global economic uncertainty, rigid credit markets and high fuel prices.
“Airport development and expansion is projected to exponentially grow over the coming years in the Middle East and Asia,” said show director Mohamad Bader-Eddin.
“As we near the exhibition date, we are looking forward to gathering the sector’s veterans, who will exchange valuable industry insights, highlight opportunities and explore a roadmap to overcome challenges,” he added.
Airport construction in 2011 remains positive with expenditure budgets at 78% of the world’s airports either remaining at higher levels or indicating further increase, according to the findings of the seventh Airline IT trends survey.
Asia-Pacific, the Middle East and Africa are projected to see the strongest airport construction growth sectors, according to the Middle East airport security market assessment report.
The research revealed safety and security remain an important focus area in which spending is expected to reach $ 57.7million by 2015.
One major project is the expansion of King Abdulaziz International Airport, Saudi Arabia which will aim to source state-of-the-art technology and construction materials for its estimated spending of $ 11.3bn.