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AED 5 billion in 2020 contracts with SMEs

Media In / Abu Dhabi / WAM June 17, 2019

Specialized studies show that Expo 2020 Dubai will contribute to enhancing economic opportunities in the UAE by providing new business opportunities, increasing GDP and creating jobs across the region.

The exhibition will also play an important role in achieving many benefits by promoting entrepreneurship and helping UAE SMEs grow and expand, which will have a positive impact on the national economy. Direct and indirect expositions include 20% of total spending, The equivalent of five billion dirhams in the form of contracts with small and medium-sized local and international companies, according to studies prepared by the Ministry of Economy.

According to the same studies, the opportunities created by hosting Expo will also contribute to the support of economic diversification, which is the main pillar adopted by the State in the comprehensive development plan embodied in the vision of the UAE 2021 .. The exhibition will also have positive effects on the national economy and will continue to return beyond 2020.

The International Expo 2020, a global platform for innovation and innovation, will be held in the UAE from 20 October 2020 to 10 April 2021, and its six-month outreach will be a trade and product exhibition from around the world with the participation of nearly 200 countries and millions Of visitors.

The exhibition is being built in the southern region of Dubai on an area of ​​438 hectares and the location is close to Al Maktoum International Airport.

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