Dubai's Al Danube, the UAE’s biggest building materials supplier, has expanded into Libya with a franchise outlet in Benghazi.
The 35,000-square-foot showroom houses an extensive collection of products including sanitary ware, ceramic tiles, parquet, flooring, chandeliers, garden furniture, timber, steel and other hardware.
Danube also foresees expansion in other areas of Africa such as Ethiopia and Tunisia.
Gulf News reports that Libya has huge potential to become a role model for other Arab nations considering the steady recovery it experienced following the Arab Spring. As it is recovering, Libya is experiencing a surge in demand across all economic sectors providing golden opportunities for investors.
Rizwan Sajan (pictured), founder and chairman of Danube Group, said:
"Danube’s commitment to the construction and building materials market is underlined by our expansion, which is aimed at addressing the needs of the customers across the region.
"With several construction projects currently under way and planned projects, there was an obvious demand for building materials in Africa which has helped us expand and consolidate our market presence in the region."
(Source: Gulf News)
