Middle East plans to invest $ 18 billion in construction of new pipelines

The Middle East is going to invest about $ 18 billion over the next five years in the creation of new pipelines and related infrastructure. The Gulf Cooperation Council (GCC) is expected to add over 21,000 km to its current pipeline network. Tube Arabia, Metal Middle East and Arabia Essen Welding & Cutting (AEWC) will generate approximately 14 percent of the world's planned pipeline network.

“The largest concentration of the world's energy resources and the rapid population growth in the Middle East require more and more investments in the production of metal products, pipes and related solutions such as welding,” said Satish Hanna, CEO of Al Fajer, organizer of the largest trade and industrial exhibitions held in the region. The last exhibition was held in Dubai and featured sheet metal, welding, machine tools, molds and pipes.

“During the first two days, key executives visited the show and explored potential trade deals, and expanded their knowledge of the latest solutions and technologies to apply to the construction of the pipeline and related infrastructure,” he said. According to him, the UAE has a high production capacity, and more and more buyers from all over the region are finding the UAE market fertile, as it not only has production potential, but also facilitates the transfer of new technologies in the region.

“We have chosen to be part of the Arabia pipeline and the exhibition provides a good chance to interact with industry peers. This will help us identify opportunities to meet market demand and expectations in all areas,” said CEO, Ajmal steel Tubes and Pipes Industries, one of the leading manufacturing companies in the UAE.