Middle East market overview - Trade & Investment … the World Expo 2020 site Dubai South ... Middle...
Transcript of Middle East market overview - Trade & Investment … the World Expo 2020 site Dubai South ... Middle...
World class
InfrastructureTrade & Investment Queensland has moved
quickly to secure contracts for innovative companies for the massive new Dubai
South development in the UAE. Centred on the new Al Maktoum international airport
and the World Expo 2020 site Dubai South presents outstanding opportunities for
companies with specialised niche offerings in infrastructure and related sectors.
Infrastructure – expected to boom on the back
of world class events
Middle East market overviewThe oil-based Gulf states of the Middle East are looking to diversify their economies, which will provide ongoing opportunities for Queensland companies in the food and agriculture, education and training, and infrastructure sectors. Queensland companies with innovative offerings in these sectors will be in high demand. Exporting to the Gulf states of the United Arab Emirates (UAE), Oman, Saudi Arabia, Bahrain, Qatar and Kuwait will provide the ideal launch pad for expansion in the greater Middle East and Northern African region.
Current opportunities
Future market opportunities
The diversification of the Gulf states is a long-term trend and will be the consistent thread driving the development of new industries in the region. The Gulf states will also play a greater role as a regional hub for a number of industries with its influence extending to include Eastern Africa, Turkey, Iran, Central Asia and South Asia. Political stability in the region is a current issue, however long-term the region is expected to grow significantly on the back of a young and ambitious work force.
ChainsSupply
Processed food Countries like the UAE are investing heavily into the logistics of supply
chains to be one the main players in the food sector in the region – opening
up further opportunities for the processed food sector to feed product
into these chains. main players
areasKey
building the SME sector
Innovation Research and development into key
areas of life sciences, biotechnology and innovation will be used to help build
the SME sector in the Middle East. The opportunity for Queensland companies
will be to partner with these new innovative SMEs, for mutual benefit.
85%of their food needs1
Food security Food security continues to be a key driver for
the Gulf states. The UAE currently imports 85% of their food needs, and safe reliable food sources like Queensland are of continuing
interest. Opportunities will exist in meat and horticulture, bulk grains, processed food, and franchised operations. Specific opportunities
for services and equipment exist in the aquaculture sector as the Gulf states look to
develop some level of self-sufficiency.
UAE imports
60-100
Education drive The diversification of the Gulf states will be
based on greater education. For instance the UAE is embarking on creating 60 – 100
new schools and is aiming for 70,000 new school places by 2020. Opportunities exist in curriculum development, school
franchising and partnerships.
new schools to be developed2
Trade & Investment Queensland’s office in Abu Dhabi is headed up by the Commissioner to the Middle East, Donna Massie who commenced her role in September 2013. Donna has lived and worked in the Middle East for 24 years. Donna was Vice Chair of the West Australian chapter of the Australian Arab Chamber of Commerce and Industry from 2008-2009 and was also their representative to the Gulf Cooperation Council from 2009-2013.
Donna has worked in, and with a large number of different sectors including oil and gas, construction, engineering, agribusiness, finance, water, environment and defence.
Donna assists Queensland companies to enter the Middle East market as well as promote bilateral trade and investment for companies looking to access Queensland products and services.
Donna builds on government to government relations to identify and access commercial opportunities for Queensland companies and stimulate foreign direct investment into Queensland.
In the last financial year, Queensland goods exports to the United Arab Emirates doubled in value.
Trade & Investment Queensland, Middle East Office
Office 808 Al Muhairy Centre Khalidya Abu Dhabi, The United Arab Emirates
Trade & Investment Queensland, Brisbane Office
Level 10, 1 William Street, Brisbane Queensland 4000 PO Box 12400 George Street, Brisbane Queensland 4003
Trade & Investment Commissioner for the Middle East
Donna Massie
+971 2 635 0013
TIQ
-16-
1112
1. Federal National Council, UAE2. www.monitor.icef.com/2014/09/from-the-field-uae-education-sector-set-for-robust-growth
TradeandInvestmentQld
@tradeinvestqld
tiq.qld.gov.au
Trade & Investment Queensland
+61 7 3514 3147
Key Activities1
2
Arab Health – January 2017
Gulfood – The world’s biggest annual food and hospitality show, 26 February – 2 March 2017