Expo 2020 pledges windfall for SMEs with Dh5bn in Dubai procurement contracts

Expo 2020 Dubai has pledged to feed 20 per cent of contracts, about Dh5 billion, for the event to local and international SMEs.

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Reem Al Hashimy, the UAE’s Minister of State for International Cooperation and Director General of the Bureau Expo Dubai 2020, said opportunities are constantly being looked into to maximise the integration of SMEs into the UAE economy. Francois Nel / Getty Images for Expo 2020

Expo 2020 Dubai has pledged to feed 20 per cent of contracts, about Dh5 billion, for the event to local and international SMEs.

With more than 400,000 SMEs accounting for 94 per cent of the total number of companies and contributing to more than 60 per cent of the UAE’s GDP, the Expo hopes to provide operational and legacy-driven initiatives to bolster and support the community, it said on Monday in a statement.

“The possibilities for SME participation in Expo 2020 Dubai are vast and extend far beyond the physical site and the six-month duration of the event itself,” said Reem Al Hashimy, the UAE’s Minister of State for International Cooperation and Director General of the Bureau Expo Dubai 2020. “Expo 2020 Dubai acts as an enabler for SMEs and is constantly looking for opportunities to maximise their integration into the wider UAE economy.”

She said all interested vendors and suppliers are encouraged to register on the Expo 2020 Dubai eSourcing portal as the portal serves as the primary gateway to the vast majority of Expo 2020 Dubai procurement operations. More info

By   www.thenational.ae

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