AED 6.8 billion of contracts awarded to SMEs through Expo 2020 Dubai

AED 6.8 billion of contracts awarded to SMEs through Expo 2020 Dubai

WAM: Expo 2020 Dubai awarded AED 6.8 billion of contracts to small and medium-sized enterprises (SMEs), providing a significant contribution to a vital sector of Dubai’s vibrant economy and exceeding a commitment made in 2016 to award at least 20 percent of all direct and indirect spend to SMEs.

The figure represents more than a quarter of all Expo 2020 Dubai contracts in terms of value. Of the 3,245 suppliers awarded Expo 2020 Dubai contracts, 66 percent (2,150) were SMEs, with 64 percent (1,390) of these comprising domestic SMEs, reflecting the calibre and diversity of UAE-based enterprises and supporting the UAE’s wider drive towards a thriving private sector and more resilient economy.