Media ININ Economy We Trust
Media IN Dubai – 26 June 2019 WAM
The first World Expo ever to be held in the Middle East, Africa and South Asia has committed to diverting 20 percent of its total direct and indirect spend towards SMEs, and as construction on the site nears completion, organisers are urging more SMEs to register on Expo’s Online Marketplace, OMP, to take advantage of billions of dirhams in new tenders soon to be listed.
The Associate Director – Procurement, Expo 2020 Dubai, said that the upcoming wave of new tenders will span a variety of sectors and rely chiefly on SMEs to deliver the works required.
The value of opportunities to be listed will amount to billions of dirhams in contracts.
Of the 34,904 businesses registered on the OMP, 85 per cent are SMEs, a sector which won 55 percent of all direct and indirect contracts awarded by Expo 2020 – equivalent to AED2.4 billion – as of 31 March 2019.
The OMP is a free, high-powered eProcurement platform and database where businesses from all over the world can post and award tenders as well as advertise services. All Expo 2020 tenders are exclusively listed on the OMP.
The largest event ever held in the Arab World, Expo 2020 Dubai will be held from 20th October 2020 until 10th April 2021 and expects to record 25 million visits.
A six-month celebration of creativity, culture and collaboration, more than 200 international participants, including 192 countries, educational establishments, companies and multilateral organisations, will take part
