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| Preparations in full swing for bauma 2010 Preparations are progressing very nicely for the next bauma in 2010, the 29th International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment. The deadline for exhibitor registration is 31 March 2009 and many applications are coming in from all over the world. Around 540,000 square metres of exhibition space, indoor and outdoor, are available for bauma at Messe Munchen's exhibition centre. At the last event this space was completely booked up, with 3,002 exhibitors from 49 countries. Over half a million visitors came along to bauma 2007, the world's largest trade fair. Around 155,000 of their number came from outside Germany, the highest number ever for the event. Over 123,000 of these visitors came from other countries within Europe, around 11,000 from North and South America and over 16,000 from Asia. In addition there were over 3,000 trade visitors from Africa and 2,000 from Australia and Oceania. In 2007 bauma reached new heights in terms of the high proportion of innovations on show from the exhibitors and the tremendous depth and breadth of the product ranges. This is now the standard the organisers are using as a measure in their preparations for the next bauma in 2010. With its global coverage of the market, bauma, which takes place from 19 to 25 April 2010 at the New Munich Trade Fair Centre, will again be a barometer of activity and trends in the building sector worldwide. Despite the current economic forecasts, in particular as regards the weakness in the building sector in the industrialised countries, business in the sector is expected to grow by 1.5 percent in the current year. Above all in the emerging economies of Brazil, China, India and Russia, whose combined building market is about three times as large as the German market, growth rates in 2009 are expected to be between three and nine percent. In addition most European countries have now decided upon economic packages to stabilise business and the labour market, and a sizeable proportion of these measures concentrate on the building sector. In Germany, as part of two economic packages, the government has authorised public infrastructure investment and significantly raised the funding available for the programmes of the Kreditanstalt fur Wiederaufbau (bank for reconstruction and development) that are aimed at building and construction. As a result investment in building in 2009 and also in 2010 will be increased by ten billion euros in each of these years. These measures should therefore virtually offset the fall-off in commercial construction and housing development resulting from the economic downturn. In Spain the government also launched two economic programmes - in April and August 2008 - with a combined volume of 38 billion euros. As well as tax concessions, the programmes concentrate on a significant expansion in public investment in infrastructure and on boosting housing construction. In France at the end of 2008 an economic programme worth around 26 billion euros has been presented. Of this ten billion is earmarked for investment in public projects, four billion of this flowing into infrastructure. A further two billion euros will go into residential construction in 2009 and 2010, above all in the construction of 70, 000 additional social housing apartments. Also, the largely state-owned supply companies will benefit in 2009 from over four billion euros of investment in renewing and modernising their networks. The Italian government announced that it would be making around 80 billion euros available to revive the economy in 2009 and 2010. Of this figure 16 billion will flow into improving the infrastructure, for example motorway construction. In addition there are to be direct payments to private individuals building their own homes. In Great Britain a package of economic measures was passed worth around 24 billion euros. Around 3.5 billion of this will be invested in roads, residential construction and schools. In the Netherlands the government is planning an economic programme with a volume of six billion euros. It includes, for example, bringing forward and expanding public construction projects and infrastructure measures. write your comments about the article :: © 2009 Construction News :: home page |