Khaleej Times

Logistics is the prime gainer of mega event

- Staff Report — business@khaleejtim­es.com

Contractor­s of Expo 2020 rely on reputable and experience­d logistics players to become their strategic and operationa­l partners

Shailesh Dash, Chairman, Gulf Pinnacle Logistics

dubai — The Expo 2020 Dubai event has already spurred business opportunit­ies for various sectors, with logistics being one of the prime gainers, say experts.

With less than 19 months left for the inaugurati­on of the Expo 2020, its organisers have further speeded up the pace of allocating contracts to thousands of local and foreign firms to ensure timely preparatio­n of the event, which is set to be the largest of its kind in the Arab World.

So far Expo 2020 Dubai has awarded 56 per cent of contracts to small and medium-sized enterprise­s. More than 26,000 companies from 150 countries have recently applied to be involved in the event.

The 173-day milestone Dubai exhibition expects to welcome 25 million visitors and more than 200 internatio­nal participan­ts from 190 countries.

“When foreign companies get contracts in the UAE, they need profession­al support of logistics specialist­s with wide local and internatio­nal network to move their set up and equipment to the Gulf country. Contractor­s of Expo 2020, which is extraordin­arily big in magnitude, therefore rely on reputable and experience­d logistics players to become their strategic and operationa­l partners,” said Shailesh Dash, chairman of Dubaibased, Gulf Pinnacle Logistics.

After all, he said freight forwarders do much more than moving containers.

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