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Plastics & Rubber Products Are Considered To Have A Great Potential To Contribute To The U.A.E.'s Export To Africa


There are many reasons that make Dubai a beneficial place to set business. Over a period, Dubai has become the most swiftly growing business centre in the world.

With the remarkable potential, the country has turned itself from a desert city to a world-class city. The country offers high-quality facilities to businesses along with suitable environment. With an intent to grow further, the government of Dubai has brought a number of economic reforms and administrative policies to attract capital and business houses from all over the globe.

One of the prime reasons is that it is a gateway for entering the Middle East and African markets. Dubai has an untapped ability to double its exports to the African countries.

The top products that provide the opportunity to export in Africa are sugar, plastics and rubber which have the approximate potential of $291.7 million, $867.9 million and $457.9 million respectively.

In the recent years, the growth of the U.A.E. in terms of export to African countries has been strong. The decade saw a good jump in exports due to better trade links between both the countries.

Dubai is now strengthening its position to become a gateway to the African and Middle East markets. It is continuously trying to improve the economic condition all over the whole African continent and Middle East countries.

Moreover, U.A.E. has introduced four new changes in the last 12 months making it the best country in the MENA region to do business for yet another year.

Partner of IMC Group, Mr. Johnson K Rajan, says, "Apart from sugar, plastics and rubber, there are other items that have the potential to contribute to the U.A.E.'s export to Africa. Many businesses can set base in the country and deliver products like electronic devices, vehicles and machinery to Africa and the Middle East. Other products that add notable growth to the exports to the Middle East and Africa include jewellery, precious metals, perfumes and beauty products."

Dubai is without a doubt the best place to set up a business and penetrate into the Middle East and African markets.


Source : newzmart
Posted on :11/13/2019