Khaleej Times

Industry, tech expos draw businessme­n

- Staff Report

dubai — More than 100 companies from 21 countries are taking part in the industrial exhibition Tekno 2017 which opened at the Dubai Internatio­nal Convention and Exhibition Centre on Sunday.

Inaugurate­d by Sultan Ahmed bin Sulayem, DP World Group chairman and CEO and chairman of Ports, Customs and Free Zone Corp, the three-day exhibition showcases products, services and technologi­es from Austria, Canada, China, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Malaysia, Portugal, Spain, Taiwan, Thailand, Turkey, UAE, United Kingdom, Uzbekistan and Vietnam.

“Over the years, the exhibition has witnessed presence from several key players of the industry. This year, the exhibition has participan­ts from Germany, Turkey, China and Vietnam which underlines Dubai’s position as a strategic hub for industrial products, technologi­es and services,” bin Sulayem said.

The UAE is accelerati­ng its efforts to boost the manufactur­ing, metal and machinery sector. While the country is aiming to attract $75 billion by 2025 into the country’s industrial manufactur­ing sector, it is noted that aluminum and metal exports have witnessed a growth of 13 per cent whereas machinery and equipment exports have grown by 11 per cent.

“The UAE has become a destinatio­n of choice for businesses. The manufactur­ing, metal and machinery sector in the country adopts the highest standards of quality and are committed to sustainabi­lity and environmen­t protection,” said Rupashree Singh, exhibition manager, Al Fajer Informatio­n & Services — the organiser of the exhibition.

On Sunday, Sheikh Hasher bin Maktoum Al Maktoum, directorge­neral of the Dubai Department of Informatio­n, inaugurate­d the Internatio­nal Autumn Trade Fair at the Dubai Internatio­nal Convention and Exhibition Centre.

“With VAT to be introduced soon, UAE citizens and trade partners can expect a positive influence on trade and economy. VAT has been implemente­d after careful considerat­ion and consultati­on with businessme­n, banks and economic bodies,” said Al Maktoum.

The exhibition will run till December 19.

— waheedabba­s@khaleejtim­es.com

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