{"id":377943,"date":"2024-11-13T18:37:34","date_gmt":"2024-11-13T21:37:34","guid":{"rendered":"https:\/\/anba.com.br\/?p=377943"},"modified":"2024-11-14T15:07:04","modified_gmt":"2024-11-14T18:07:04","slug":"arab-countries-drive-civil-construction","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/arab-countries-drive-civil-construction\/","title":{"rendered":"Arab countries drive civil construction"},"content":{"rendered":"\n

S\u00e3o Paulo \u2013 Gulf countries\u2019 efforts to diversify their economies away from oil create opportunities in multiple sectors, including civil construction, the Arab Brazilian Chamber of Commerce<\/a>\u2019s International Consulting head, Karen Mizuta, said this Wednesday (13) during the seminar \u201cExploring Civil Construction Opportunities in the United Arab Emirates.\u201d The online event was held by the Think Plastic Brazil<\/a> project, an initiative from Brazil\u2019s National Plastics Institute and the Brazilian Trade and Investment Promotion Agency (ApexBrasil) ahead of Big 5, the largest Arab construction industry show, set to take place from November 26 to 29 in Dubai, United Arab Emirates (UAE).<\/p>\n\n\n

\n
\"Karen
Karen Mizuta during the online seminar: construction industry exports from Brazil can increase<\/figcaption><\/figure>\n<\/div>\n\n\n

Mizuta presented major projects being rolled out in Arab countries, a case in point being Egypt\u2019s new administrative capital, New Cairo, a USD 58 billion development. Projects in Saudi Arabia include preparations to host the 2034 FIFA World Cup, the building of Neom city, and the Red Sea Global resort islands. She also said major investments are going into high-end real estate complexes in the UAE.<\/p>\n\n\n\n

Opportunities for Brazilian companies in Arab countries<\/h2>\n\n\n\n

According to Mizuta, the construction industry in Arab countries should see 6.2% growth through 2027. Last year, Arab countries imported USD 76.1 billion worth of building materials from around the world, but only USD 83.7 million from Brazil. \u201cBrazil does not export much in the way of construction material to Arab countries, so opportunities are in place to increase our market share throughout the region,\u201d she said.<\/p>\n\n\n\n

The head of commercial promotion at the Embassy of Brazil in Abu Dhabi, the UAE\u2019s capital, Octavio Moreira Guimar\u00e3es Lopes, mentioned economic diversification as a priority for Gulf nations. \u201cThey envision diversifying away from oil through science and technology development,\u201d he said.<\/p>\n\n\n\n

The Middle East and North Africa Content and Research director for Middle East Business Intelligence (MEED), Edward James, said 2023 saw a strong rebound in project concessions in Gulf countries, specifically Saudi and the UAE. Concession value shot up to USD 253 billion last year, exceeding the USD 200 billion threshold for the first time in ten years.<\/p>\n\n\n\n

Read more:
UAE\u2019s growth led by construction and other sectors<\/a><\/p>\n\n\n\n

Translated by Gabriel Pomerancblum<\/a><\/strong><\/p>\n\n\n\n

<\/a>
<\/a><\/p>\n

Press Release\/Dubai Airport<\/div>
Press Release<\/div>","protected":false},"excerpt":{"rendered":"

The Brazilian industry could benefit from ongoing investments in the region. During a seminar held by the Think Plastic Brazil program, Arab Brazilian Chamber of Commerce head of International Consulting Karen Mizuta discussed opportunities for Brazilian businesses.<\/p>\n","protected":false},"author":2317,"featured_media":377903,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[46537],"tags":[11909,28679,11910,27938,9621,23864,13880,38062,33564,11057,18346,13884],"class_list":{"0":"post-377943","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arab-brazilian-chamber","8":"tag-abu-dhabi-en-2","9":"tag-apexbrasil-en","10":"tag-arabia-saudita-en","11":"tag-construcao-civil-en-2","12":"tag-dubai-en","13":"tag-emirados-en-2","14":"tag-golfo-en-2","15":"tag-luxo-en","16":"tag-neom-en-2","17":"tag-paises-arabes-ar","18":"tag-think-plastic-brazil-en","19":"tag-turismo-en"},"wps_subtitle":"The Brazilian industry could benefit from ongoing investments in the region. During a seminar held by the Think Plastic Brazil program, Arab Brazilian Chamber of Commerce head of International Consulting Karen Mizuta discussed opportunities for Brazilian businesses.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/377943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2317"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=377943"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/377943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/377903"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=377943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=377943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=377943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}