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Cairo WoodShow 2018 to introduce newest feature to MENA

Cairo WoodShow 2018 to introduce newest feature to MENA
Several countries in Africa import more than $100 million of furniture

Cairo - Mubasher: Cairo WoodShow will kick off on 30 November at the Cairo International Convention Exhibition Center in Egypt, according to a recent statement.

The event is expected to witness the biggest participation of major wood and woodworking machinery players from the Middle East North Africa (MENA) region in its fourth edition that will last until 3 December.

Cairo WoodShow 2018 brings together exhibitors and buyers for considering investment opportunities in addition to concluding business deals.

The four-day exhibition will introduce its newest feature the ‘International Buyer Program’ where manufacturers, contractors, traders, and real buyers from Morocco, Algeria, Tunisia, Libya, Sudan, Lebanon, and Jordan will gather to enhance the growth of wood industry in the MENA region.

“North African countries have posted a sharp increase in real estate, pushing the demand for furniture products and decorative items especially for residential and hospitality projects. The region’s growing population will be needing more housing, educational institutions, and other infrastructure that would result to an increase in the demand for timber,” according to the statement.

Several countries in Africa import more than $100 million of furniture; Egypt ($1.3 billion), Morocco ($470.5 million), Algeria ($428.7 million), South Africa ($359.8 million), Tunisia ($170.4 million), Ethiopia ($107.7 million), Botswana ($58.4 million), Nigeria ($57.4 million), Kenya ($52.8 million), and Namibia ($47.9 million).

“International Buyer Program is Cairo WoodShow’s tool to globalise the annual event by ensuring active participation of African countries to further boost the growth of the industry in the region and provide them the leading edge to be globally competitive,” the statement added.