Expo 2020 allots contracts worth AED10.8bn in 2017

Dubai / WAM

Expo 2020 Dubai has so far awarded AED10.8 billion construction and AED411 million non-construction contracts in 2017. Preparations are firmly on track, with the global destination exceeding its pledge of distributing AED360 million non-construction contracts this year. It will reach its target of AED11
billion construction contracts after awarding urban planning and event overlay packages due to be finalised early next year.
These packages will be among a number of other opportunities made available by Expo 2020 Dubai in 2018, as it moves into the next stage of its delivery, focussed on operational expenditure. Other sectors that will offer procurement opportunities next year to companies of all sizes include design, logistics, health and safety, construction and construction materials. The total number and value of these contracts will be
announced in the coming months.
Manal Al Bayat, Senior Vice President of Business Development and Integration at Expo 2020 Dubai, said, “This has been a significant year on the journey to Expo 2020 Dubai, and we are excited to continue our smooth progress into 2018, which will see us offer further opportunities to companies
in the UAE and the wider region.
“Expo 2020 is committed to building a long-lasting and
sustainable economic legacy not just for the UAE, but for the region, which is why events like
the procurement conference are important to raise awareness on the opportunities for participation in Expo and to spread them as far as possible.”
Sam Achampong, Regional Head of the Chartered Institute of Procurement and Supply (CIPS), who delivered a keynote presentation at the procurement conference, said: “The Expo 2020 Dubai Procurement team has a unique opportunity to create a benchmark and template for the procurement of large scale events going forward.”
“I am impressed with the meticulous preparation and levels of innovative thinking applied to Expo 2020 so far, and the early engagement with suppliers is
to be applauded.”
The one-day procurement conference also included a ceremony for the Expo 2020 Dubai ‘supplier of the year’ awards, which recognises companies that have gone above and beyond the expec-
ted level of service. Through its overall theme, ‘connecting minds, creating the future’, Expo 2020 Dubai will be a platform to
foster creativity, innovation and collaboration globally.