ID :
153268
Mon, 12/13/2010 - 16:37
Auther :
Shortlink :
https://oananews.org//node/153268
The shortlink copeid
Dubai's trading sector remains robust, driven by strong logistics infrastructure
Dubai, Dec 13, 2010 (WAM)- Dubai is still the preferred destination for trading among countries globally, according to Al Fajer Information and Services, the organiser of the 25th edition the International Autumn Trade Fair (IATF10), which is taking place from December 13 to 15, 2010, at the Dubai International Convention and Exhibition Centre.
At a press conference unveiling details of the show, it was revealed that countries around the world still look at Dubai as the preferred business destination, thanks to the world-class logistics infrastructure.
Satish Khanna, General Manager of Al Fajer Information and Services, said: "Dubai's consumer goods business will continue to flourish because the logistics market is mature and the number of consumers in Middle East, the Indian Subcontinent, CIS countries and Africa are increasing rapidly. Dubai offers facilities that help boost the non conventional sectors in the consumer goods field."
Khanna added: "We heard it from several trade officials from different parts of the world that Dubai has been instrumental in boosting the trade revenues of many countries because of its unassailable position as an established re-export centre." Dubai's retailing, distribution, manufacturing and the supply chain are the best in the entire MENA region. The city's continuous drive for globalisation has placed it as one of the best consumer goods traders in the world.
Khanna added: "Companies prefer Dubai because it has reached the status of a mature trading hub for consumer goods business. Dubai will be the leader in logistics business. The supply chain market in the city is mature and evolving rapidly. Dubai succeeded in re-engineering the consumer goods supply chains to match the regional consumer demand." Referring to consumers goods verticals, Khanna said that retail sub-sectors consisted of winners, losers and those just breaking even in the first three quarters of 2010. Retail spend levels has fallen in household products, electronics goods and luxury retail categories.
On the other hand, sales of food and beverage products has been very high. Also, more food products were bought for home dining instead of dining out. Cosmetics and powders were bought more to be used at home, rather than for use at salons." Consumer goods trade in the UAE has shown signs of growth in 2010 reflecting Dubai's intrinsic economic strengths and dynamism as a buyer-seller meeting point for the entire region, Khanna added.
The 25th edition the International Autumn Trade Fair (IATF10) will feature around 500 exhibitors from 25 countries. The three-day Autumn Fair, to be held in Halls 2, 3 and 4, is a leading regional buyer-seller meeting ground for the consumer goods segment. The exhibition, ranked as one of the more popular general trade fairs in the region running in its successful 25th year, will occupy 13,000 square meters of space.
This year, the fair will host the official national pavilions of eight countries, occupying 80 per cent of exhibition space. The national pavilions include 225 exhibitors from China, 35 from Hong Kong, 10 from Singapore, 35 from Korea, 15 from Iran, 20 from Turkey, 40 from India and 15 from Malaysia. In all, 500 companies are scheduled to participate from over 25 countries and eight of them are participating as official pavilions supported by their respective governments. Turkey and India are participating for the first time. The other countries participating at individual level are Japan, Indonesia, Italy, Taiwan and the Netherlands. – Emirates News Agency, WAM
At a press conference unveiling details of the show, it was revealed that countries around the world still look at Dubai as the preferred business destination, thanks to the world-class logistics infrastructure.
Satish Khanna, General Manager of Al Fajer Information and Services, said: "Dubai's consumer goods business will continue to flourish because the logistics market is mature and the number of consumers in Middle East, the Indian Subcontinent, CIS countries and Africa are increasing rapidly. Dubai offers facilities that help boost the non conventional sectors in the consumer goods field."
Khanna added: "We heard it from several trade officials from different parts of the world that Dubai has been instrumental in boosting the trade revenues of many countries because of its unassailable position as an established re-export centre." Dubai's retailing, distribution, manufacturing and the supply chain are the best in the entire MENA region. The city's continuous drive for globalisation has placed it as one of the best consumer goods traders in the world.
Khanna added: "Companies prefer Dubai because it has reached the status of a mature trading hub for consumer goods business. Dubai will be the leader in logistics business. The supply chain market in the city is mature and evolving rapidly. Dubai succeeded in re-engineering the consumer goods supply chains to match the regional consumer demand." Referring to consumers goods verticals, Khanna said that retail sub-sectors consisted of winners, losers and those just breaking even in the first three quarters of 2010. Retail spend levels has fallen in household products, electronics goods and luxury retail categories.
On the other hand, sales of food and beverage products has been very high. Also, more food products were bought for home dining instead of dining out. Cosmetics and powders were bought more to be used at home, rather than for use at salons." Consumer goods trade in the UAE has shown signs of growth in 2010 reflecting Dubai's intrinsic economic strengths and dynamism as a buyer-seller meeting point for the entire region, Khanna added.
The 25th edition the International Autumn Trade Fair (IATF10) will feature around 500 exhibitors from 25 countries. The three-day Autumn Fair, to be held in Halls 2, 3 and 4, is a leading regional buyer-seller meeting ground for the consumer goods segment. The exhibition, ranked as one of the more popular general trade fairs in the region running in its successful 25th year, will occupy 13,000 square meters of space.
This year, the fair will host the official national pavilions of eight countries, occupying 80 per cent of exhibition space. The national pavilions include 225 exhibitors from China, 35 from Hong Kong, 10 from Singapore, 35 from Korea, 15 from Iran, 20 from Turkey, 40 from India and 15 from Malaysia. In all, 500 companies are scheduled to participate from over 25 countries and eight of them are participating as official pavilions supported by their respective governments. Turkey and India are participating for the first time. The other countries participating at individual level are Japan, Indonesia, Italy, Taiwan and the Netherlands. – Emirates News Agency, WAM
