Online Marketing is the best place for the business as it allows companies from the world to forge international partnerships, consequently get business opportunities and drive growth. Expo 2020 Dubai has launched its own integrated Online Market Place. This project enables users to showcase their services and products to consumers across the world.
This online market place will enhance the reach of Expo 2020 participants, contractors, licensees as well as other registered businesses. This allows the existing firms to promote their supply by providing them with tender opportunities.
Companies including small, medium, and big firms will not have to pay any fees to use this platform. This free-to-use platform will create a long-lasting impact on the economy by supporting all types of companies including small and medium-sized enterprises (SMEs). In Dubai Expo 2020 event, the companies will be experiencing high increment in the revenue as there will be millions of individuals ready to buy products and services from these companies.
This free-to-use platform will create a long-lasting impact on the economy by supporting all types of companies including small and medium-sized enterprises (SMEs).
The Vice president, Richard McGuire said: “This World Expo is not only a chance to showcase their innovations and new ideas but is also an opportunity that is going to benefit our economy. It will also establish new connections between all kinds of businesses.
“Through the OMP, we aim to promote innovation and drive global economic progress by providing the platform to the companies to connect, cooperate, and expand their enterprises.”
More than 200 participants, including corporations, non-government organizations, nations, and educational institutions are expected to take part in Expo 2020 Dubai.
Henceforth, to elevate this initiative, the Expo has committed to allotting 20 percent of its direct and indirect spend to SMEs.
Advantages of Expo 2020
#1 Aviation and transport
Dubai is already one of the most popular places to spend holidays. Hundreds of thousands of visitors from western countries, Asian nations and other parts of the world travel to Dubai on monthly basis to experience beach life, fireworks shows, and desert tour. 17.5 Million willcome flocking to the Dubai 2020 Expo averaging 300,000 per day. This means that aviation and transport will be as busy as ever.
This event is going to provide high benefits to several domestic and international airlines companies as they will be serving airline service to millions of passengers who have planned to attend Dubai Expo 2020. The transportation system in Dubai has got great attention due to this mega event. Construction of a new metro line is one of the mega projects under the preparations of Expo event. The same infrastructure has to be expanded and maintained for optimum performance.Analyst Ahmad says that competing host cities for Expo 2020 in Russia, Brazil and Turkey are nowhere in the match of Dubai in terms of their airports, geographic location, and flag carriers.
#2 Tourism and hospitality
Dubai greeted more than 10 million international visitors in 2012, but according to official surveys, there is an increase of 9 percent as compared to the year before. Dubai has been one of the favorite tourist destinations for people living all around the world.
But, Dubai 2020 Expo has doubled the number of visitors to 20 million annually. Dubai authorities estimate that the expo will create 111000 new jobs in the restaurant and hotel sectors alone. Presence of such a high number of foreign and local tourists will increase the revenue of tourism and hospitality sectors. Tour and travel agencies, hotels, restaurants, cab services, and other sectors are set to make significant contribution towards the successful organization of the event by not letting visitors face difficulty in finding high-quality food items, accommodations, and transportation commodities.
#3 Real estate and construction
According to a current report by Standard Chartered, average property prices rose by 30% in the last 12 months. Expo 2020 will contribute towards the sustainability of the housing market. The Expo 2020 Dubai helps to spur a new construction growth in the emirates.
The government has increased its focus on basic infrastructure requirements including transportation, electricity, and accommodation.
#4 Creation of jobs
A recent report published revealed that Expo 2020 will create 300,000 direct jobs and at least a million indirect jobs. Approximately 90% of these jobs will be in the travel and tourism sector between 2018 and 2021. Special skills such as knowledge of industrial architecture, infrastructure development, and engineering will be highly sought after skills for the Expo 2020 Dubai.
This event is going to be proved as an excellent opportunity to get employment opportunities as several projects are scheduled in the event.
#6 Creating the future
The theme of the Expo is “Connecting minds, creating the future.” Environmental sustainability is also one of the likely themes and only time will tell us what else Dubai has planned to wow the world. People will be sharing their knowledge, ideas, and innovations which will help the businesses to design, create and make new products and services in a collective manner.
Partnering with Dulsco, the Dubai 2020 Expo goes Eco Friendly
Dubai 2020 Expo has announced a new partnership with Dulsco, who will support them in averting 85% of its waste away from the landfill.
Dulsco will facilitate the reuse, recycle, reduce and repurposing of waste using advanced technologies.
As the official Waste Management Partner, it will execute innovative resolutions, and support Dubai in an aim to host one of the most sustainable World Expos ever.
Dulsco Waste2Resource (W2R) facility, which is located in South Dubai, will help to avert waste from landfill and this will be accomplished using latest technologies to reuse, reduce, recycle and repurpose.
Manal Al Bayat on contribution of SMEs to the Expo
The Senior Vice-President for Business Development and Integration, Manal Al Bayat has spent her quality time traveling around the world in order to make SMEs aware of the opportunities.
Manal Al Bayat said that “SMEs are the drivers and the lifelines to the economies”.
A lot of economies of the world rely on SMEs. Therefore, Dubai is offering the greater support to them so that can get bigger and explore a plethora of opportunities here.