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Brazil Sought for US$ 100 Billion Real Estate Project in the Emirates PDF Print E-mail
Written by Marina Sarruf   
Thursday, 04 August 2005

A representative of United Marketing Group, which imports and distributes construction material and furniture in Dubai, in the United Arab Emirates, is in São Paulo, the largest business center in South America, after Brazilian exporters for the furniture sector.

The group is going to supply products to over 50,000 houses, apartments and offices that are under construction in the emirate.

The company manager, Abdul Hussain Kadhim, is participating in business roundtables promoted by the Brazilian Export Promotion Agency (Apex) and by the Brazilian Furniture Industry Association (Abimóvel) at the International Trade Fair for Furniture Exports and Sales (Fenavem).

The Fenavem began on Monday, August 1st, and goes on up to Friday, August 5, at the Anhembi Exhibition Center.

The Arab company is after producers that may have capacity to export great volumes. According to the company general manager, United Marketing Group is one of the largest suppliers of construction material, like granite, marble, tiles, and furniture in Dubai.

Kadhim has already been to Brazil various times after partnerships with Brazilian companies in the food, construction material and, now, furniture sectors. "We have been working with projects, and we therefore need companies that may be fast to answer our orders," he said.

The group offers furniture and parts for the finishing of kitchens, bathrooms, bedrooms and living rooms. "We are after good quality Brazilian companies to supply floor tiles, wardrobes, beds and cupboards."

Among the projects the company is working on is the construction of 40 hotels on each of the five islands of Dubai. Another project the group is participating in is a luxury building in Dubai, called Lê Revê, which has 49 floors.

According to Kadhim, the value of each apartment ranges from US$ 2.5 million to US$ 9 million. This latter with an area of 1,600 square meters. "Seventy percent of the apartments have already been sold," he said.

According to Kadhim, the cost of the projects that the group is involved in, in the Emirate, is of over US$ 100 billion.

"Last week, for example, a US$ 30 billion project was announced in the emirate of Um Al Qaiuan, for the construction of offices, houses and shopping centers," he said.

He stated that the price of each apartment ranges according to the size of the enterprise, but the average is US$ 30 million.

The company already imports furniture and construction material from Europe, the United States, Malaysia and China.

"I now want to go after Brazilian companies. I do not know exactly how much I want to import. That is going to depend on the quality," stated Kadhim.

Another of Kadhim's ideas is to open a Brazilian furniture showroom in Dubai. "We are still studying the project," he said. He intends to open the showroom in partnership with other businessmen from the emirate, among them Navid Nikmorad, the general manager of Taurus.

The Group

United Marketing Group was established in 1998, in Dubai. Apart from working as a supplier for construction companies in the United Arab Emirates, Qatar and Saudi Arabia, the company has two factories.

One produces water-proofing material for civil construction and has an annual production capacity of 15 million square meters. The second produces aluminum doors and windows. Both of them only sell on the domestic market. In all, the group has around 250 employees.

United Marketing Group
Tel: (+9714) 338-1224
Fax: (+9714) 338-1225
E-mail:
marketing@emirates.net.ae

Anba - www.anba.com.br

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