The International Exhibition of Materials and Technologies for Finishing and Construction (Turnkey Expo) will launch its second edition at the Cairo International Convention Center in Nasr City on 17-20 June.
The exhibition features a line-up of major names in the finishing materials, products, and technologies field. It also provides target audiences with the chance to get a closer look at the latest this sector has to offer.
The event is organised by Business Plus Fairs and Vision Fairs, two of the leading trade fair organisers in the Middle East and Africa.
The Turnkey Expo is in field of finishing solutions and is considered a platform serving the construction and real-estate development sectors, thanks to the myriad of new-to-market and comprehensive finishing solutions it offers.
This industry is witnessing a paradigm shift in light of the government’s efforts towards expanding urban development as part of its vision for 2030.
The Egyptian Government is working to employ state-of-the-art technologies in the development of mega cities across the country. This includes the New Administrative Capital (NAC), its most promising project built in line with international standards.
This will take place with the aim of accommodating the increasing population, as well as attract investments to the sector.
The exhibition acts as a channel through which an assortment of industry players in Egypt, the Middle East, and North Africa have the chance to showcase the latest in finishing materials and floor & wall cladding.
Turnkey Expo visitors across different marketing segments and backgrounds, as well as those who are curious about available finishing solutions, will have a chance to benefit from competitive prices.
Meanwhile, 3,000 young construction and development enthusiasts, interior designers, as well as newly-graduated architects have an opportunity to meet with, and learn from the leading experts.
They will be able to take part in 32 lectures, that will take place over the course of four days with the goal of exchanging knowledge and experiences.
The exhibition’s first edition saw immense success as it featured 42 companies and hosted a total of 10,000 visitors. This year’s four-day event is expected to receive 25,000 visitors, especially due to the increasing growth in Egypt’s real estate development industry.
According to a report by Fitch Ratings, Egypt’s construction and development sector is expected to continue growing over the next ten years, with an average annual growth rate of 9% between 2020 and 2024.
The report also expects that by 2029, Egypt will possess the region’s biggest construction and development sector.
Meanwhile, the report states that the value of this industry in Egypt is currently worth $25bn, expecting that number to increase by 2029 to $89bn. This allows the country to represent 30% of the region’s industry value.