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Permanent local products exhibition planned.

Summary: The Dubai Export Development Corporation (DEDC) is planning a huge and permanent exhibition centre for UAE products with 41 per cent minimum local composition.

The Dubai Export Development Corporation (DEDC) is planning a huge and permanent exhibition centre for UAE products with 41 per cent minimum local composition.

The fair will comprise about 500 Emirati producers, said Saed Al Awadhi, Chief Executive Officer of DEDC. The idea of a huge and permanent venue comes after the success of the corporation, an affiliate of Dubai Economic Development Department, in the setting up of a permanent exhibition at the Business Village, spread over an area of 350 square metres.

The fair accommodates 43 companies of 11 sectors, covering food, beverages, building and construction, precious metals and jewellery, agricultural, paper and packing products, furniture, interior decoration, IT, education, media, strategic partners, finance and insurance.

Addressing a press conference on Tuesday, Al Awadhi said DEDC has 620 members at present, and "we are working on expanding the membership." The information centre and the local producers' exhibition contributed towards striking six exporting deals worth more than Dh117.1 million in the experimental period of operating the centre, namely in the last quarter last year, Al Awadhi added.

The corporation, according to him, also contributed towards facilitating export deals worth Dh5 billion. Subscription to the exhibition and the centre, which ranges from six months to one year, is free.

The centre covers 33 exporting destinations, and is visited by 350 people as well as 20 visiting delegations. The centre also held 10 meetings, resulting in the conclusion of lucrative deals.

The launch of the information and the export resources centre is part of DEDC's efforts to support the local exporting sector thus making inroads into global markets.-- news@khaleejtimes.com

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Publication:Khaleej Times (Dubai, United Arab Emirates)
Date:Feb 1, 2013
Words:310
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