Airport security spending may surge to $58m

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Source:  www.gulf-daily-news.com

MANAMA: With the increase in new airport construction in the Middle East, the need to boost and modernise airport security in the region will increase spending in this sector to $57.7 million by 2015, according to a research.

The Middle East Airport Security Market Assessment Report states that spending in this sector has a compound annual growth rate of 7.5 per cent from 2008’s $34.7m. The study has estimated the region accounts for 14.4pc of the global Critical Infrastructure Protection Market.

Airport security will be one of the major focus areas in this year’s Intersec trade fair and conference to be held from January 16 to 18 at the Dubai International Convention and Exhibition Centre. Intersec 2011 will host 800 exhibitors and expects 22,000 trade visitors to attend.

“With the aviation industry in the Middle East on the high growth path and new terminals and airports being planned or under construction across the region, airport security and surveillance systems will be an interesting topic at Intersec 2011,” said event organiser, Epoc Messe Frankfurt GmbH chief executive officer Ahmed Pauwels.

“Dubai’s new Al Maktoum International airport currently underway at Jebel Ali and already open for cargo flights, will eventually be the world’s largest passenger terminal.

“On completion the airport will be five times larger than the current Dubai International Airport and will handle 120 million passengers annually. This will drive demand for the latest in fool-proof security systems.

“The increase in the levels of international terrorism has also necessitated a hard look into the current state of affairs in this sector by governments and security agencies as well as the private sector,” Mr Pauwels said.

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