Abu Dhabi Chamber of Commerce and Industry (ADCCI) has confirmed that Expo 2020 Dubai is an opportunity for traders and business owners to enter new markets.

The Chamber considered that participation in the upcoming international event, will contribute to provide promising opportunities for the business sector, and the establishment of new cooperation relations between local and international business communities, pointing to the opportunities directly linked to the construction projects within the exhibition site, and the contracts and tenders provided to companies, in addition to projects Infrastructure associated with the event such as roads, transportation and energy and water projects.

Great opportunities

Mohamed Al Muhairi, Director General of Abu Dhabi Chamber of Commerce and Industry, said that the UAE's hosting of Expo 2020 Dubai will provide great opportunities for traders and business owners to form new partnerships and open overseas markets for their products.

Al-Muhairi told Emirates Today that the number of countries participating in the exhibition and delegations is very large, and each of them came up with an idea, product or innovation, which allows the exchange of experiences, ideas and experiences, especially in the business sector.

Direct effect

Al Mehairi stressed that Expo 2020 Dubai has a direct and significant impact, not only on the local business environment in the UAE, but also on the level of international participation in this major international event, which will be held for the first time in the Middle East, Africa and South Asia.

He pointed out that participation in itself will provide promising opportunities for the business sector and the establishment of new cooperation relations between local and international business communities, as well as providing opportunities for direct meeting between private companies and institutions, innovators and investors, in addition to opening new horizons for commercial success in the long term. Furthermore, the participation will also contribute to the establishment of a variety of business opportunities, partnerships for vital investment projects, and the emergence of employment opportunities covering a wide range of sectors, including real estate, construction, hospitality, transportation and others.

Global platform

Al Muhairi explained that the business areas will enable, through the upcoming international event, access to new and open regional markets, through the creative global platform provided by «Expo 2020 Dubai», as well as the amount of international conferences on various economic issues, which will To be an important opportunity for the UAE to showcase its development achievements at all levels, especially on the economic level, which will highlight the attractiveness of the creative and innovative investment and commercial environment in the country, which will constitute millions of visitors a global economic scene, based on the economy. In a sustainable and competitive.

Government spending

Al Muhairi pointed out that there are also opportunities directly related to the construction projects within Expo 2020 Dubai, and the contracts and tenders they provide to local and international companies, in addition to infrastructure projects related to the event, such as roads, transportation and energy and water projects.

He pointed out that increasing government spending as the event approaches, especially in the construction sector, boosts domestic demand and extends its impact to other economic sectors.

The figures indicate that the event will contribute to the UAE's GDP by 1.5% over a period of six months, as this reflects the volume of business activity expected, in addition to stimulating the economy and providing thousands of job opportunities.

Opportunities for entrepreneurs

Mohammed Al Muhairi, Director General of Abu Dhabi Chamber of Commerce and Industry, said that the Chamber through the Federation of Chambers of Commerce and Industry in the UAE, which is the business partner of Expo 2020 Dubai, takes into account the opportunities provided by the exhibition, as it will work to take advantage of them.

He added that there are opportunities for small business owners and entrepreneurs from all sectors, and everyone should participate and be present to see them and choose the right ones.

1.5%

Expo Dubai's contribution to the country's GDP in six months.