Messe Frankfurt to organize German Pavilion at expo

Updated 06 January 2013
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Messe Frankfurt to organize German Pavilion at expo

Major international trade fair and conference organizer, Messe Frankfurt GmbH, was recently awarded the responsibility for organizing the German Pavilion at the upcoming 2015 World Expo in Milan, Italy.
Messe Frankfurt was awarded the contract by the German Ministry of Economics, beating off stiff competition from numerous other bids.
“Compared to other bidders, Messe Frankfurt’s proposal better met the requirements of the German Federal Ministry of Economics and Technology (BMWi),” said Dietmar Schmitz, commissioner general for trade fair policies and Expo participation at the BMWi.
“We look forward to a fruitful cooperation,” added Wolfgang Marzin, president and CEO of Messe Frankfurt.
“We are pleased to have won the contract and would like to thank the federal government for their trust in Messe Frankfurt’s expertise,” said Marzin.
The World Expo takes place every five years, and Milan followsprevious editions in Hannover (2000), Nagakute (Japan, 2005) and Shanghai (China, 2010). Dubai is currently in the running to host the Expo in 2020. The theme of the 2015 Expo is “Feeding the planet, energy for life.”
According to the organizers, the national pavilions will focus on issues such as food, energy, life and the globe.
The World Expo is scheduled to be open for six months, from May 1 to Oct. 31, 2015.
Messe Frankfurt is considered the world’s largest trade fair corporation with its own exhibition grounds.
“Messe Frankfurt being chosen as organizer of the German Pavilion is a great honor and acknowledgement of its years of expertise in conducting trade events around the world,” said Ahmed Pauwels, CEO of Messe Frankfurt’s Middle East subsidiary, Epoc Messe Frankfurt.
“Over the years, we have grown to be one of the leaders in the trade fair and conference field in the region by extending Messe Frankfurt’s brand of in-depth market knowledge and expertise to our regional events,” he added.


ALJ to drive foreign investment in auto sector

Updated 16 August 2018
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ALJ to drive foreign investment in auto sector

Abdul Latif Jameel (ALJ) and Japanese company Kosei Aluminium (Kosei) have signed a memorandum of understanding (MoU) with the National Industrial Clusters Development Program (NICDP), driving foreign investment into Saudi Arabia’s auto manufacturing sector.

The MoU seeks to explore the manufacturing of automotive aluminum wheels and components in Saudi Arabia and is the first major Saudi Arabian-based automotive components manufacturing venture intended to produce export products for worldwide markets.

Long-term plans for the venture involve the establishment of a factory in Saudi Arabia, as a global hub for Kosei, contributed by Saudi Arabian Mining Company (MA’ADEN). The volume of wheels produced is expected to represent a significant market share in the world.

The MoU, signed by NICDP Vice President Abdullah Al-Hazani, on behalf of NICDP President Homood Al-Tuwaijiri, Kosei CEO and President Shunkichi Kamiya, and Abdul Latif Jameel Vice Chairman and Deputy President Hassan Jameel will see Abdul Latif Jameel, Kosei and NICDP undertake a study into the technical and financial feasibility of manufacturing automotive aluminum die casting wheels and components in Saudi Arabia. This would contribute to the development of the manufacturing industry in the country — a key priority of Saudi Vision 2030.

Kamiya said: “It is our pleasure to sign this MoU with NICDP and Abdul Latif Jameel, to discover the enormous potential and various opportunities in the Kingdom as well as the MENA region. I am pleased to state that, the timing of Kosei’s global vision 2021 and Saudi Arabia’s Vision 2030 are so apt that, it has brought the three parties together to conduct the feasibility study and work toward achieving the goals.”

Al-Hazani said: “We are glad to have this MoU signed with Kosei Aluminum, one of the prominent global automotive suppliers in Japan, and Abdul Latif Jameel, one of the biggest automotive business expertise established in Saudi Arabia.”

 Signing this MoU is a part of NICDP’s plans and activities to develop a globally competitive automotive industry, together with growing a strong automotive parts supply base, in Saudi Arabia, which is in line with Vision 2030 to diversify economy in non-oil sector in the kingdom.”

Jameel said: “This MoU explores the exciting potential to bring manufacturing skills and jobs to Saudi Arabia and marks the first Saudi Arabian venture in large-scale automotive components manufacturing for export. The agreement is an important step in NICDP’s efforts to develop the manufacturing industry in Saudi Arabia in accordance with Saudi Vision 2030, and strives to make a valuable contribution to the Saudi automotive cluster.” 

The signing comes ahead of the expected visit to Saudi Arabia by Japanese Prime Minister, Shinzō Abe, and follows a visit by King Salman in March 2017, during which Saudi Arabia and Japan agreed to deepen existing bilateral relations between the two countries and establish a solid strategic partnership, as part of the Saudi-Japan Vision 2030.