With Saudi Arabia, the largest economy in the GCC enjoying a period of sustained growth fuelled by high oil prices and ongoing investment in massive new infrastructure, interest is growing in the Kingdom's booming construction industry. According to recent figures the construction industry in the Kingdom is estimated to grow from its current $36.5 billion contract awards value in 2011 to close to $43.8 billion by 2013, representing a CAGR of 20 percent. This rapid ongoing expansion has fuelled great interest in the Saudi Arabian market from manufacturers and suppliers of construction material and machinery from across the world. It has driven demand for further information and generated increased inquiries about participation at the upcoming Hardware+Tools Middle East, which will be held in Dubai on May 8-10. "Hardware+Tools Middle East has been established in the region for quite some time now. The exhibition provides an access point for manufacturers and suppliers looking for a foothold in the region," said Ahmed Pauwels, CEO of exhibition organizer Epoc Messe Frankfurt.