UAE auto parts firms eye N Africa markets
Dubai, May 29, 2012
UAE-based auto parts traders are eyeing opportunities for business in North African markets following the conclusion of top automotive aftermarket exhibition Automechanika last week in Dubai.
This year saw a huge increase in numbers of potential clients from North African countries visiting the A-Map, a leading distributor of aftermarket automotive spare parts, automotive batteries, tyres, and lubricants, throughout the exhibition.
“We met with a number of prospective clientele mainly from Egypt, Libya and Algeria. As these markets start to become more stable and open up regionally, there are big business opportunities available for us,” said Asad Badami, managing director of A-Map.
“Obviously the stability and desirable geographic position of the UAE is a huge driving force behind the domestic market as well, and we continue to see growth in the Middle East and especially from Saudi Arabia as its construction boom picks up speed,” continued Badami.
The lack of automotive manufacturing industry within the Gulf region has created a demand for a well-developed and strong re-export trading sector, with companies in this field defying the recession to practically double their numbers over the past six years, a statement said.
“Locally, we met with many government agencies who are seeking suppliers for their fleets, as they are growing in tandem with the increase in the market,” added Badami.
Dubai already has a reputation as an influential re-export hub, while projects such as Abu Dhabi’s recently announced Automobile City are set to further meet the market’s growing demands.
The success of Automechanika Middle East, as well as the significant business growth for A-Map in Europe and the CIS countries, has pushed the company to participate in Automechanika Frankfurt in September.
“Participating at the exhibition in Frankfurt will allow us to see and be seen, on the ground in the European market. We look forward to solidifying our presence and growing the strength of our brands in Europe,” concluded Badami. – TradeArabia News Service
More Motoring Stories
- Qatar Rail backs Gulf Traffic Week
- Citibank in Bahrain F1 tickets offer
- New Renault Safrane arrives in Saudi
- Bentley announces key regional postings
- Jordan dealer launches Jaguar promotion
- New Maserati Ghibli launched in Bahrain
- BMW unveils mobile site, iDrive in Arabic
- Toyota holds body and paint contest in Bahrain
- 330 tonnes of specialist racing cargo for Bahrain
- Automatic licence holders 'can't drive manual cars in Qatar'
- Jaguar Land Rover wins advertising award
- Rolls-Royce to buy key Daimler stake
- Nissan develops ‘smart rearview mirror’
- Dubai Taxi to offer Wi-Fi Internet in cabs
- Infiniti unveils new engine for Q50 Eau Rouge
- Bentley to debut Continental GT Speed at Geneva
- 17 die on Saudi roads daily
- Gargash to build showrooms for China automaker
- Jaguar to launch new sports sedan
- Jaguar Land Rover launches pre-owned programme
- Nissan Patrol sales hit top gear in Jan
- Al-Futtaim wins control of Kenya motor firm
- Dubai RTA, vehicle mortgagers improve service
- Arabian Auto posts 20pc rise in Nissan sales
- Global premiere for two Maserati models
- New Lexus wins Wheels magazine award
- Batelco to hold annual motor show
- Hyundai to unveil Intrado at Geneva
- Bahrain circuit to honour Schumacher
- Hertz unveils big plans for ME travellers