The British Plastics Federation (BPF) recently ran the British Pavilion at the largest plastics show in the Middle East, Arabplast 2019, held in Dubai 5-8 January.
The British Pavilion was made up of fourteen companies from across the plastics supply chain. Following the event, companies reported that the average business won as a result of exhibiting at the show is expected to be nearly £180K.
Nine of the British Pavilion exhibitors were supported by Department for International Trade (DIT) grants, suggesting that for every £1 of government support, the UK economy gets a return of £72.
Commenting on the findings, BPF Senior Business Development Executive Justyna Elliott states:
“Arabplast 2019 and other foreign exhibitions provide a great platform to meet new clients, local agents, distributors and potential partners. We know from years of experience that government support via DIT’s Tradeshow Access Programme is hugely appreciated by companies and encourages them to explore new markets and develop their international trade links. We are therefore delighted to report that there is such a healthy return to the UK economy, especially during such uncertain times for UK businesses.”
The UAE’s drive to develop one of the world’s most advanced infrastructures is fuelling demand for plastic products. In addition to this, according to the Middle East Economic Digest (MEED), more than 23 Expo 2020-related construction contracts – worth more than $2.5bn – were expected to be awarded by the end of 2018.
ArabPlast takes place every two years.
The British Plastics Federation is currently inviting British companies to join the Chinaplas exhibition, taking place in May 2019. DIT grants are available.
For more information visit http://www.bpf.co.uk/events/chinaplas.aspx