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H.E. Khalid Bin Sulayem inaugurates TDIM 08
- United Arab Emirates: Sunday, January 20 - 2008 at 16:29
- PRESS RELEASE
H.E Khalid Bin Sulayem, Director General of the DTCM (Department of Tourism & Commerce Marketing, Government of Dubai) opened the inaugural edition of TDIM (Tourism Development Projects & Investment Market), a major trade show that features more than Dhs700bn worth of tourism projects.
After the opening, H.E Bin Sulayem toured the exhibition and expressed keen interest in the projects that were displayed. He stated that TDIM addressed the challenges of boosting investment flows and know-how into the region's tourism sector.
Organized by Reed Exhibitions Middle East, TDIM has received participation from more than 50 leading tourism projects developers. Visitors to the show on the inaugural day included top tourism officials, investors, tourism facility operators, and tourism specialists.
"We are proud to bring TDIM to the market and we are encouraged with the impressive response. Visitors from Bahrain, Kuwait, KSA, Qatar, Yemen, Iran, Lebanon, Syria, Jordan, Egypt, Morocco, Turkey, Nigeria, Greece, Italy, Spain, France, the UK, Denmark, Iceland, Netherlands, Germany, Switzerland, Czech Republic, the US and Argentina are expected to attend the show over the next three days", said Ara Fernezian, Show Manager for TDIM 08.
TDIM 08 is the first-ever show dedicated to developments and investments in the tourism sector. The World Travel & Tourism Council (WTTC) and DTCM (the Department of Tourism & Commerce Marketing, Government of Dubai) are supporters of the show. TDIM sponsors include Nakheel, Dubai World Central (DWC), Falcon City of Wonders, DUBAILAND™ Destination and Emirates Airlines.
The list of participants at the exhibition is led by DTCM (Dubai Tourism & Commerce Marketing), Nakheel, DWC (Dubai World Central), DUBAILAND™ Destination, Global Village, BAWADI™, Plantation, Universal Studios DUBAILAND, Falcon City of Wonders, Aldar, Sorouh, Al Qudra, Al Ain Wildlife Park & Resort, Tamouh, Egyptian Tourism Authority, the Syrian Ministry of Tourism, B&G Hotels & Resorts from Egypt, Travellers, Group RCI, Marina D'or from Spain and Jack Rouse & Associate from the US, among other participants.
TDIM's extensive seminar programme featuring leading international and local speakers was well received by attendees. Key note sessions were delivered by Jean Claude Baumgarten - President, World Travel & Tourism Council and Saleh Al Geziri - Director of Overseas Promotion at Department of Tourism & Commerce Marketing; Government of Dubai. Other speakers included Charlie Bray - CEO, International Association of Amusement Parks and Attractions (IAAPA), Darrell Metzger - CEO Ruwaad, and the IAAPA Vice Chairman, Nick Turner - Regional Managing Director, Group RCI, Keith James - President and Partner, Jack Rouse Associates and Alistair Gosling - CEO of Extreme Group, UK.
'Showcase seminars' presented by representatives from Nakheel, Dubailand, DWC, Falcon City of Wonders, Al Qudra, Al Ain Wildlife Park & Resort, Tamouh, Hydra Properties, Aldar, Sorouh, Al Hanoo Holding and B&G resorts will take place tomorrow.
In an effort to provide global investors with opportunities to evaluate potential investment prospects in the region's tourism projects sector, Reed has also introduced an innovative initiative branded HICE (Hosted Investors & Corporate End-Users) at TDIM.
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Notes and media contacts
Of the Dhs1.2 trillion in investment commitment that the tourism projects sector has attracted, GCC countries account for approximately Dhs1 trillion or more than 85 percent of the value. The UAE is the dominant player in the region's tourism development with an 85 percent share of the total value of announced projects, amounting to Dhs858bn. Of this amount, tourism projects in Dubai total up to over Dhs450bn, more than 50 percent of the value of UAE projects.Oman, with Dhs61bn in tourism project investments, and Qatar, with Dhs31.1bn, occupy the second and third slots among GCC countries. Bahrain (Dhs20.77bn), Saudi Arabia (16.44bn) and Kuwait (12.67bn) have also managed to attract significant investments into tourism project development. The figures exclude infrastructure costs such as power plants and transport networks.
The Dhs1 trillion worth of projects in the GCC are expected to occupy an estimated area of 737 million square meters when complete. The UAE's tourism projects are spread over 558 million square meters - more than 75 percent of the GCC total.
Elsewhere in the region, projects in North Africa, primarily in Egypt, Sudan, Morocco and Tunisia, are valued at Dhs128bn while those in the Levant (Lebanon, Syria and Jordan) amount to Dhs77bn.
For further information:
Ara Fernezian
ASDA'A Public Relations
or Ph: 009712 6334133
Fax: 009712 6334233
Brian Carvalho Show Manager - TDIM 2008
Reed Exhibitions Middle East
Ph: 009712 4446113
Fax: 009712 4443768
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