Danube Building Materials has announced its expansion plan that aims to penetrate the African market and strengthen its presence in the Middle East through dealer and franchise networks.

This follows the opening of the first Danube Buildmart branch in India, which marked the company's 22nd global store.

Specifically, the company revealed that it is expanding to Qatar and other parts of Saudi Arabia and Oman, as well as China, where it currently has one of its major manufacturing plants.

'With the global economy approaching the recovery phase and investors starting to regain confidence in the regional market as a result of massive government actions to revive the construction and real estate industries, we are expecting the demand for building materials in the Middle East and Africa to witness a significant increase this year,' said Danube Building Materials chairman Rizwan Sajan.

'We have already made massive investments toward additional manufacturing hubs to boost our production and sufficiently address the expected rise in demand.-TradeArabia News Service