Opportunities to do business in UAE and Qatar

Transcription

1 Opportunities to do business in UAE and Qatar Scottish Business Trade Mission 28 September - 4th October 2013 Our programme includes networking receptions, market briefing seminars, and one-to-one meetings. Yas Island Marina, Abu Dhabi

2 Scottish Business Trade Mission to UAE and Qatar Key Sectors of Opportunity United Arab Emirates Energy (especially oil and gas) Travel and Tourism Financial and Professional Services Transport and Logistics Construction Education Healthcare ICT Qatar Planned SDI Supported Sectoral Events 2013/4 Arabian Hotel Investment Conference May 2013 GITEX (consumer IT and electronics) October 2013 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) and mission to Saudi Arabia November 2013 Arab Health January 2014 Gulfood February 2014 Construction Energy and Environment Transport and Infrastructure Education and Training Financial and Professional Services ICT Qatar Financial Centre, Doha

3 Scottish Business Trade Mission to UAE and Qatar Market Background As these nations look to diversify their economies away from a reliance on the oil and gas sector towards the development of knowledge driven economies, business opportunities abound in a range of sectors. Both countries are keen to bring high standards of education and to encourage the establishment and development of high tech businesses, with a particular emphasis on low carbon technologies and areas where partnerships for sustainable business can be built. The UAE For much of the past decade, the UAE led by Abu Dhabi and Dubai has invested in the development of its physical infrastructure and business environment. And whilst the financial crisis of the past four years exposed weaknesses in the overblown real estate sector, the UAE has managed the impact of the crash and has laid the foundations for long-term growth based on a diversified economy and a vibrant private sector. Although each of the 7 Emirates pursues its own course, set by the visions of their respective ruling families, it is the UAE s robust federal structure, underpinned by Abu Dhabi s oil exports that provides the political and fiscal bedrock for this growth. Abu Dhabi s efforts to reinvest petrodollars into industrial diversification, infrastructure and political stability have ensured the cohesion of the UAE s federal structure. Years of government investment have put the country in a position to attract entrepreneurship and it is the private sector that will now take up the challenge to help build and diversify the economy further. Qatar With one of the highest rates of GDP per capita in the world and a stable government and economy, there is real potential for UK companies to bring their products and services to Qatar. UK goods and services generally enjoy a strong reputation. The exploitation of significant gas reserves has made Qatar a key strategic energy supplier to the world's major economies. Oil and gas (which account for around 50% of Qatar s GDP) are the major driving forces of Qatar's economy one of the world's fastest-growing. Safeguarding and maximizing oil and gas revenue therefore remains central to Qatar s economic development and to its desire to diversify its economy. Qatar will invest tens of billions of pounds to develop its infrastructure over the next 10 years or so. Its successful bid to host the World Cup in 2022 provides a real focal point for projects including rail and the New Doha Port. Rapid population growth is driving demand for accommodation (both residential and commercial) and medical and education services. More than 50 new hotels are currently under construction or in the planning stages. Elevated view of Dubai metro and an Etisalat telecomunications tower. Districts of Bur Dubai and Karama in the distance.

4 Outline Programme (Please note, the programme is subject to change) 28 September FLY TO DUBAI Depart Glasgow 1415h (Emirates) Arrive Dubai 0040h on 29 September Check in to Crowne Plaza Hotel 29 September DUBAI Market / Mission Briefing for UAE at British Embassy, Dubai Meetings with Global Scots Group Networking Lunch Reception at Ambassador s Residence with targeted invited guests 30 September DUBAI / ABU DHABI Coach transfer to Abu Dhabi. Departs hotel 1600h Check in to Crowne Plaza Hotel 1 October ABU DHABI Visit to TAQA Offices (1700h 1900h TBC) 2 October ABU DHABI / DOHA Depart Abu Dhabi 1505h (Qatar Airways) Check in Intercontinental Hotel at Doha Reception at British Embassy with invited guests (or on 3 October, TBC) 3 October DOHA Market / Mission Briefing for Qatar, at British Embassy Mission Debrief Reception at British Embassy with targeted invited guests (or on 2 October, TBC) 4 October FLY HOME Depart Doha 0945h (Emirates) Arrive Glasgow 1955h (change at Dubai) All group activity is provided as part of the SDI mission. Some individual meetings can also be arranged, but selected appointments may need to be arranged separately. These visits can be arranged independently by yourself, or you can speak to your trade advisor about how SDI/UKTI can assist you with this. If you do not have a trade advisor then a SDI representative will be in touch to discuss the trade mission in more detail.

5 Applying for the Trade Mission, Associated Costs and Financial Support There is no charge to participate in this trade mission and the activities as planned in the mission programme. You will be responsible for covering the costs of your travel, accommodation and subsistence. You may be eligible for MVS funding to assist with these costs. The level of assistance available is a total of 620 per company. By submitting your application form you will automatically be applying for MVS funding and you confirm that you have read and understood the information below regarding MVS eligibility criteria. If you do not wish to be considered for MVS funding please let us know upon submission of your application. MVS Grants: Businesses meeting the eligibility criteria will be able to receive up to 6 MVS grants but may not visit one market more than twice. This is a lifetime limit. Only one representative per eligible business may receive an MVS grant on a particular business trip although others are welcome to participate if funded by their business. Please note that grants are payable to the company, and not the representative. Double Funding: Companies who are receiving a travel grant from any other UK Government or national or local government source or from European sources of funding in respect of a market visit may not claim an additional financial package. State Aid: These grants are classed as de minimis State Aid by the Commission of the European Communities and all applicants for grant must ensure that they do not exceed the limit of 200,000 over any rolling three year period. What to do now? If you would like more information about the trade mission, or to discuss any aspect of this in more detail please contact Andrew Wilson (details below). Along with this document you will have been sent an application form. If you don t have an application form please contact Andrew Wilson who can provide you with one. To apply for a place on this trade mission please complete and return the application form to Andrew Wilson. The final deadline for applications is Friday 2nd August and early registration by Friday 9th August is recommended in order for us to provide you with the most tailored service possible. Places on the mission are limited and all applications will be assessed and a decision on your attendance will be confirmed as soon as possible after application. Recommended hotel accommodation, flights and detailed mission programme details will be discussed once you have been approved to attend the trade mission. For all enquiries relating to this trade mission please contact: Andrew Wilson on or SDImissions@scotent.co.uk