EDC sees increase of UAE’s exports to Qatar in 2010
Dubai Export Development Corporation, an agency of the Dubai Department of Economic Development, Government of Dubai, is expecting a growth of the country’s exports to Qatar in the coming months, particularly in the products and services from the real estate and construction sector, after its successful participation at Qatar Project 2010.
EDC’s participation at the show is one of its supports to UAE companies in expanding their presence and increasing their export opportunities in regional markets such as Qatar. More than 70 UAE companies in the field of building, construction and real estate exhibited under EDC umbrella.
A forum for UAE and Qatar businessmen was also organised by EDC at the sidelines of the exhibition, in collaboration with the UAE Embassy in Qatar headed by HE Abdul Ridha Abdullah Khouri, UAE Ambassador to Qatar. The forum witnessed a strong response from Qatari major buyers, including Barwa Real Estate Company and Dolphin Energy. The forum served as an important venue for mutual trade cooperation between businessmen from both countries as well as discussing the government facilities and services provided by EDC.
Engineer Saed Al Awadi, Chief Executive Officer, EDC, said that the current building and construction development the Qatar market is witnessing provides potential opportunities to UAE real estate investors. With Dubai’s extensive experience in the property sector, EDC is taking advantage to export industry services to regional markets. “We aim to open new markets for investors and companies in the UAE and with the real estate and construction industry considered as one of Dubai’s main sectors with its prominent projects recognised worldwide, we would like to assist companies in exporting services and project know-how from this sector. EDC has sought the support of UAE companies to participate in Project Qatar 2010 to highlight the country’s expertise in this area and to promote communication between companies in both countries,” he explained.
He furthered, “We have had remarkable success in our participation at the exhibition, wherein a number of UAE companies have closed huge deals during the show, while other projects will be completed after. Through this exhibition, we managed to introduce UAE products to Qatar market and enhance the awareness on the services we can provide in this sector.”
Qatar Project 2010, under the patronage of Sheikh Hamad Bin Jassim Bin Jabr Al-Thani, Qatar’s Prime Minister and Minister of Foreign Affairs, was held at Doha Exhibition Centre. EDC Pavilion was the exhibition’s biggest stand with an area of 1500 sq-metres. The exhibition has seen 1023 exhibitors from the local, regional and international companies.
EDC is trying to seek collaboration with regional markets to strengthen the exports share in the UAE’s GDP. Qatar is one of the most important target markets for exports from the UAE.
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