Capital offers huge scope for growth of exhibition industry
What is the current status of Adnec’s development in terms of space, buildings and investments?
The land is in the process of being handed over to developers and construction has already commenced. Capital Gate is our iconic 35-storey tower. Construction is well under way and will be completed in autumn next year.
The 2.3km Marina Zone is currently being master-planned and will be launched later this year. This area will be something very special indeed and it will complete the Capital Centre project.
Our events calendar is growing. We increased the exhibition market by around 150 per cent last year and played host to more shows in 12 months than Abu Dhabi had staged in the past five years. We’ve had some incredibly successful events across a range of sectors and expect more this year.
It’s very difficult to pick out particular highlights in such a wide and varied calendar of events, but particular attention should be drawn to the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) to be held in November this year.
been given a platform to develop and this year it will be the largest petroleum exhibition in the world.
There has been quite a remarkable increase in the number of exhibitions being staged in Abu Dhabi. The creation of a new world-class exhibition facility in the capital has stimulated market activity and peripheral property values as well as attracted international exhibition organisers.
Where there are emerging markets there is always great scope for exhibitions and here we have emerging markets on an almost unprecedented scale.
The major real estate and tourism developments under way in the emirate have stimulated a lot of international interest in Abu Dhabi as a destination, illustrated by the fact that Abu Dhabi recently posted one of the highest growth rates in the global tourism industry.
When will Abu Dhabi reach its peak as an exhibition destination?
That’s impossible to say. The commitment of the Government of Abu Dhabi to establish the emirate as a world centre for business tourism is a long-term one.
We will stage around 60 major events this year and welcome around 1.5 million visitors through our doors but enormous growth potential still exists in Abu Dhabi. It’s an exciting time – the sky really is the limit.
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