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Wednesday, October 17, 2007

Mena expected to buy over 350 defence vessels in 10 years

The Middle East and North African (Mena) region will procure more than 350 vessels over the next 10 years, revealed the organisers of the upcoming Doha International Maritime Defence Exhibition and Conference (DIMDEX 2008).

The official website of the DIMDEX quoted global Naval Analysts and Advisors AMI International as saying that the 18 countries in the region, including Qatar, will procure vessels ranging from Frigates to Patrol Vessels during the period.

AMI International has projected an estimated market size of $17b in the region.

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