16th edition of Design Mission Africa to take place in November

by Darren
Design Mission Jnl 7 16

The 16th edition of Design Mission Africa will be held in Johannesburg on 17 and 18 November 2016.

The 16th edition of Design Mission Africa will be held at the Sandton Convention Centre in Johannesburg, South Africa on 17 and 18 of November 2016. This edition will focus on creating a smooth pathway for private and public sector professionals and other stakeholders in the real estate and construction industries. The goal of the event is to encourage and enhance trade between African countries and the rest of the world by building equitable, multilateral trading opportunities that facilitate development and investment with key economies, particularly the real estate sector in Africa.

“Africa’s young population will continue to drive the demand for different types of real estate as urbanisation, an expansion of current cities and the rise of new cities continue across Africa. Investment returns from real estate in Africa’s rapidly expanding economies significantly exceed those achieved in almost all developed markets. Forecasts of 20% net annual returns from investing in shopping malls, office blocks or industrial complexes in countries across Africa continue to draw new investors,” said Ravi K Chandran, Director, IDE.

Over 200 buyers with ongoing projects in Africa will attend the event and over 150 international suppliers will be able to network and collaborate in exclusive, pre-scheduled face to face meetings, which are always a highlight of this platform. Over 1 000 projects will be featured, over 3500 personal meetings will take place and over 20 investors are expected to attend the event.

Along with the annual buyer-supplier meetings, a new developer-investor meeting platform has also been launched. Everyone in the real estate industry in South Africa will benefit from attending this renowned event.

Buyers will being able to network with peers, saving time and money by avoiding the hunt involved in finding suppliers for their project.  They will also have access to the complete list of solution providers with their product and service details before attending the event and have the opportunity to share recent development updates in the industry. Products to see at the event will include items related to HVAC, automation, tiles and ceramics, bathrooms and sanitation, paints and coatings, hospitality solutions, electronic equipment, lighting solutions, IT solutions and more.

Key facts
•    Africa’s GDP grew by an average of 3.6% in 2015, which is higher than the global average growth of 3.1% and more than double that of the European region.
•    Global trade growth should rise to 3.6% in 2017.
•    According to the World Bank, Africa’s average age was 19.7 years in 2012 and it is expected to increase to 25.4 years in 2050.
•    Industrialisation will continue across Africa and will be accompanied by rapid growth in the retail sector.
•    Economic growth, improving political stability and ongoing investment in infrastructure are opening previously inaccessible markets, while increased transparency and availability of local partners is helping to improve the ease of doing business.
•    A huge shortfall in government funding creates opportunities for private investors to support this development need through direct investment and public-private partnerships (PPP).

For more information, contact IDE on Tel: +44 12353 30073 or via mail at prasoon@ide-global.com.

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