Record presence of International Exhibiting Companies
To let the world know how capable African continent is to become one of the greatest markets of world products and to explore the possibilities for air cargo industry in this regard there was “Air Cargo Africa 2017” held from 21st to 23rd February.
It is a mega event this time and for last three years to provide a platform for world leading companies and air freight key players of the region to communicate possibilities to exploit the real advantages for their activities and cargo to Africa. To strengthen networking in the region it is the best place to know where in this emerging new world market companies should focus.
Visitors from twenty-nine nations of this part of the world and thirty-two other countries that were interested in finding business opportunities gathered there. Apart from that a record eighty international exhibiting companies were present there and that proved it a successful event for air cargo activity enhancement.
Leading Cargo Entities at Event
The industry-leading cargo carriers and award winning services has participated in the gathering in Johannesburg. It is Saudi Cargo Company that is an independent entity and has ambitious plans to make most of its resources in this business since its inception in 2008. With such highly reputed participants there are definite chances of improved facilities for the region where huge potential has been explored. A good number of debutants were also there to take part in this conference that would decide future of the industry particularly in this part of the globe.
Challenges and Opportunities of Cargo Industry
Numerous subjects related to this very activity remained under discussion among the participants during three days. Apart from focusing on opportunities the challenges were also concern of the representatives present there. All these activities are directly related to the economic activity of Africa and its future shape. The contribution towards growth of airfreight industry is due on all key players and it is so as they want to get benefit.
South African Airways Cargo General Manager stated as being major player the authority would be glad to take significant steps to set example for others. Industry forecast department of International Air Transport Association IATA has identified this region as the fastest growing for air cargo operations. The annual increase in air freight volume is expected at 3.2 percent and it has pushed further the players to concentrate there.
Consistent Economic Growth is base for air cargo activity
Similar kind of report of International Monetary Fund has been released about Sub-Saharan countries with facts of last five years of economic growth that is 4.8 percent and it is really encouraging as no other emerging region near to that mark. That is why this part of the world has assumed critical importance for this very sector.Previously participants were mainly from the countries of the continent but now record participations from around the globe have made it worth noticing for those that have missed it. The untouched natural resources also have great potential to turn around fate of the region by manifold increase in economic activity.
Previously participants were mainly from the countries of the continent but now record participations from around the globe have made it worth noticing for those that have missed it. The untouched natural resources also have great potential to turn around fate of the region by manifold increase in economic activity.
