DWTC shows record per­for­mance in 2012

The Pak Banker - - 6BUSINESS -

DUBAI: Shaikh Hamdan Bin Rashid Al Mak­toum, Deputy Ruler of Dubai, UAE Min­is­ter of Fi­nance and Chair­man of the Board of Dubai World Trade Cen­tre, an­nounced a record per­for­mance for the Dubai World Trade Cen­tre in 2012, with more than 1.85 mil­lion vis­i­tors and circa 37,000 com­pa­nies us­ing the events as a trad­ing, pro­mo­tional and sales plat­form for the MENASA re­gion. The an­nounce­ment fol­lowed Hamdan’s chair­man­ship of Dubai World Trade Cen­tre’s An­nual Board Meet­ing on Thurs­day, March 21. The meet­ing in­cluded de­tailed re­views of the or­gan­i­sa­tion’s 2012 per­for­mance re­sults, the his­toric per­for­mance from 2008 to 2012 and plans for DWTC’s fu­ture growth.

Ad­dress­ing the Board, Hamdan said: “It is highly en­cour­ag­ing to see that the strat­egy to grow the scale and di­ver­sity of events on the an­nual cal­en­dar has had the de­sired im­pact on sub­stan­tially in­creas­ing the num­ber of vis­i­tors and ex­hibitors.

“Even more pos­i­tive is the strong per­for­mance through­out the last five years. Dur­ing a pe­riod when the global ex­hi­bi­tions in­dus­try ex­pe­ri­enced dif­fi­culty prior to its more re­cent sta­bil­i­sa­tion, Dubai World Trade Cen­tre has de­liv­ered year on year growth.” A 2011 study showed that the Dubai World Trade Cen­tre gen­er­ates more than Dh6.5 bil­lion for Dubai’s econ­omy — a con­tri­bu­tion of 2.1 per cent of the Emi­rate’s to­tal GDP. The 2012 re­sults rep­re­sent a 12.5 per cent in­crease in vis­i­tor num­bers and a 5.5 per cent rise in ex­hibitor num­bers on 2011 fig­ures. The swell in ex­hibitor num­bers saw 36,996 com­pa­nies from over 130 coun­tries par­tic­i­pate in events at DWTC dur­ing the year, while the record vis­i­tor num­bers were drawn from 186 coun­tries. 38 per cent of the to­tal at­ten­dance to DWTC’s ma­jor ex­hi­bi­tions and con­ven­tions in 2012 was com­prised of for­eign vis­i­tors, who, per per­son, contributed 11-times the eco­nomic value to Dubai.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.