Green industry to hit $16bn by 2010
by This email address is being protected from spam bots, you need Javascript enabled to view it on Wednesday, 23 July 2008
Skyscrapers may dominate the landscape in the Gulf region but a rapidly growing landscaping industry is gaining momentum with volumes set to double to more than $16 billion by 2010.
Spurred by the boom in the regional construction industry, landscaping projects in the GCC region comprising commercial and residential landscaping design and maintenance are set to double in volume, according to UK-based CMPi, organisers of Gulf Landscaping, an event that takes place at the Abu Dhabi National Exhibition Centre in November.
Landscaping in the GCC is a competitive business fraught with high competition, shrinking profits and high capital expense.
"With the advent of international players, regional landscape designers and builders are realising that there's more to growth than sunshine, soil and water," said CMPi event director, Chris Fountain.
Fountain said that the GCC is beginning to value the outdoors and landscaping professionals are now in big demand.
"Driven by the construction boom, many households have increasingly turned to landscaping services to design, develop and maintain their investments while landscaping contractors are learning how to grab their share of this high growth market," he said.
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