Philconstruct Mindanao seen to generate P10M in revenues-A A +A
Wednesday, September 4, 2013
ORGANIZERS of Philconstruct Mindanao 2013 are confident the trade event will generate at least P10 million in revenues during its run from September 5 to 7 at SMX Convention Center at SM Lanang Premier.
"It is hard to estimate the total revenue but let us say there are 100 exhibitors and each will be generating about P100,000 in sales at most. You multiply that with the number exhibitors and its roughly P10 million. At most the total revenue for this event may reach P20 million," said event chair Engr. Ramon Allado said in Tuesday's phone interview.
Aside from that, they have estimated around P3.5 million of gross sales that will be coming from rental of booths.
Allado said the exhibition will be an opportunity for those in the construction industry to sell their products and services.
They are also expecting around 300 to 500 out-of-towners who will visit and exhibit in the trade fair. These visitors will be coming from various parts of the island like Zamboanga, Bukidnon, and Cotabato.
This year, the event is giving focus on safety standards and practices.
During the event launch and press conference of Philconstruct, Allado said that this year there are more companies who will be exhibiting safety equipments. Also safety topics will be discussed during the Technoforum Mindanao 2013.
"Safety has been a focus of the industry over the years. And right now, more and more stakeholders are realizing that a safer workplace will benefit everybody in the long run in terms of the overall well being of the industry and the companies," Allado said.
Dubbed as the 4th Mindanao International Construction Equipment, Building Materials, Interior & Exterior Products Exhibition and Technology Forum, it will feature more than 150 booths from more than 100 companies displaying more than 1000 new products.
It is organized by the Philconstruct Events, Exhibitions, & Conferences Corp. together with the Philippine Contractors Association and the Davao Constructors Association Center Inc.
Published in the Sun.Star Davao newspaper on September 04, 2013.