The 11th edition of the Gulf Industry Fair (GIF), the Northern Gulf’s leading specialist business-to-business (B2B) event for industrial products and services, opens today (February 6) at the Bahrain International Exhibition and Convention Centre under the patronage of the Prime Minister of the Kingdom of Bahrain, HRH Prince Khalifa bin Salman Al Khalifa.
The three-day exhibition will focus on industrial development and innovation through a series of initiatives and activities, said the event organisers Hilal Conferences and Exhibitions (HCE).
The high-profile expo offers companies direct access to a dynamic multi-billion-dollar industrial marketplace and the opportunity to showcase their products and services to a targeted B2B audience consisting of procurement managers, industrialists, purchasers, consultants and decision makers from the region and internationally.
Gulf Industry Fair 2018 is being held against a backdrop of falling revenues from oil, bringing into sharper focus the decision by GCC governments to accelerate their economic diversification programmes, said the organisers.
"Despite a regional economic slowdown caused by low oil prices in recent years, ongoing investment in the GCC’s industrial infrastructure remains strong," remarked Jubran Abdulrahman, the managing director of HCE.
"Notably, Saudi Arabia’s long-term 2030 Vision is likely to be a key driver of the Gulf’s industrial ambitions in the coming years, as the region’s biggest economy accelerates diversification efforts," he stated.
Abdulrahman pointed out that Gulf Industry Fair 2018 will build on the legacy left by previous editions of the show.
"We are grateful for the unwavering support of the Prime Minister, HRH Prince Khalifa bin Salman Al Khalifa, in helping to establish Gulf Industry Fair as the ‘go to’ exhibition for companies operating in the Northern Gulf’s expanding industrial markets. We are committed to providing the ultimate networking, knowledge-sharing and deal-making platform for all companies involved in the industrial sectors," he added.
This year's edition of GIF enjoys the strategic support of Aluminium Bahrain (Alba), Bahrain Petroleum Company (Bapco), the National Oil and Gas Authority (Noga) and Bahrain Investment Wharf. The Industrial Facilities Sector is championed by Majaal.
The exhibition is an annual celebration of the industrial drivers of the growth in the GCC’s economies. GIF promotes the key industrial segments of Aluminium, Industrial Processes and Manufacturing; Industrial Metals (Steel & Alloys); Energy & Environmental Protection; Industrial Facilities; Ports & Maritime Industries; Training for Industry; and Fire, Safety & Security.
Innovative products showcased at GIF include: tooling, solar energy, wireless electricity transmission, smart technology, robotics, floating facilities, aluminium wheels, lighting poles, valves, specialised industrial paints and coatings and compressors.
The 2018 edition will also host the first Solar Utilities Network (SUN), a new initiative focusing on the latest trends in the solar and renewable energy sector and how the industry can benefit from them.
"Industrial development will require energy to fuel growth. Today, energy requirements are not only about cost-effective power generation but also have to consider environmental concerns," stated Ahmed Suleiman, the exhibitions director of HCE.
A major highlight of the debut SUN forum will a keynote address by Bahrain's Electricity and Water Affairs Minister Dr Abdulhussain bin Ali Mirza. The event will be held tomorrow (February 7), the second day of the Gulf Industry Fair.
The forum, which carries the patronage of Dr Mirza, will look to provide a platform for knowledge exchange on solar and renewable technology.
Abdulrahman said: "We are honoured to have Dr Mirza support the event. He is leading from the front and has been a key figure in developing Bahrain’s solar and renewable energy policies."
SUN will focus on the challenges and opportunities of solar including: photovoltaic (PV) storage, solar power generation policies of the government, energy storage and work force skilling, he added.-TradeArabia News Service
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