GCC states are presently on a drive to move away from their oil-based economy and diversify into the manufacturing sectors to sustain its economic growth.

Huge amount of investments are pouring into the industrial sector to boost the countries’ industrial manufacturing base. Many new industrial units are being built while the existing ones are upgraded and expanded. The demand for metal- cutting Machine Tools is set to increase exponentially to cater to special demands of the manufacturing sector.

SteelFab 2010 will showcase a special section on Machine Tools by having an exclusive display area for CNC machine tools and metal-cutting machinery.

MIDDLE EAST – EMERGING MARKET FOR METAL CUTTING MACHINE TOOLS
	Cheaper energy (Gas) driving the emergence of heavy industry in the GCC in the past few years – Steel Plants, Cement Plants, Glass Manufacturing, etc
	Oil Sector investing heavily in downstream projects & value added derivatives – new refineries, petrochemical plants, Fertilizer Plants, Polymers, Sulphur, etc
	GCC states are keen to diversify to Non-Oil sectors - increase in industrial manufacturing catering to the construction & infrastructure boom
	Big investment houses, high petro-dollar availability driving industrial investment in domestic projects
	Repair & service sector is on increase as evidenced in ship repair /Building and auto repair & manufacturing industry.
	With all factors set to continue in the long term, the region has decreased dependence on imports for machined products.
	Machine Tool requirement has increased for metal cutting in the last few years
	Machine Shops, Job shops increasing in the region
	More end users/buyers of metal-cutting machinery in evidence
	Manufacturing lines necessitate integration of metal cutting machinery.
	The 2010 edition of SteelFab will endeavor to cater to this growing requirement and will accordingly continue the special focus on metal cutting machine tools.

MACHINE TOOLS MIDDLES EAST – A SURE SUCCESS AT STEELFAB.
	SteelFab is the regional show for metal-working
	Already visited by Machine Shops, Job Shops & Steel Fabricators
	Already has participation from regional traders, representing international metal cutting machinery.
	Special focus at Steelfab 2009 was a good success with most metal cutting dealers having generated substantial enquiries.
	Dedicated visitor promotion focusing on traders, machine shops and end-users(industry) for metal cutting machinery .
	Direct marketing to target visitor group from Oil & Gas, marine repair, auto service, heavy Industry and contracting sectors in the Middle East.