As the rapid development of the Gulf continues, Welsh companies are proving they are well-equipped to offer the skills, experience and innovation required. Firms from the country are currently supplying products and services to some of the most significant developments in the region, including the Palm Developments, Ski Dubai and Burj Dubia, which is set to become the world's tallest building.
Lee Jennings, Vice President (Middle East) of International Business Wales, commented:
"The UAE is now Wales' largest overseas market, with exports growing from $72 million in 2003 to $320 million in 2006. Welsh firms have strong experience of working on major projects in a rapidly developing economy, such as the Millennium Stadium, the Wales Millennium Centre and the Cardiff Bay developments, and this is easily transferable to the Gulf market."
"Following our success last year we have great expectations for Big 5 2007. The Welsh companies exhibiting with International Business Wales reflect the broad range of construction expertise available in Wales, from hi-tech industries such as biotechnology and chemicals through to security, renewable energy and environmental technologies."
Since opening its Dubai office in 2004, International Business Wales has helped more than 300 Welsh companies do business in the region. It regularly organises trade missions and business to business meetings, allowing Welsh firms to develop long-term partnerships with local companies.
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Posted by Anne-Birte Stensgaard, Senior News Editor
