Companies hoping to be considered for a slice of the US$8 billion of work potentially on offer to help create Dubai’s Expo 2020 can now register for the tendering process, organisers said yesterday.
An online portal showcasing all Expo-related procurement operations and tender opportunities has just been launched.
On Tuesday at the event site in Jebel Ali, business leaders were urged to play their part in the “Expo Effect” that is bringing billions of dollars of investment and economic benefit to the UAE.
Analysts estimate that the world fair in 2020 will draw $8 billion in investment.
The new portal will “enhance Expo 2020 ability to implement critical infrastructure projects more quickly and effectively as well as open the door to local, regional and global SMEs, entrepreneurs and businesses,” organisers said.
Sheikh Ahmed bin Saeed Al Maktoum, the chairman of the Expo 2020 higher committee said in a statement that the online system would ensure a fair and transparent process for the “complex undertaking” of sourcing vendors for the project.
Hussain Lootah, director general of Dubai Municipality, and chairman of the event’s tender and procurement subcommittee, said “every facet of procurement, tendering and vendor engagement is a priority … From supplier pre-qualification, evaluation and selection cycles, to embedding reliable structures, cost and performance monitoring, quality assurances, auditing and the elimination of redundancies – a solid and comprehensive sourcing system will assist Expo in achieving operational excellence and stimulate competition”.
Potential bidders can now register their businesses, view and download bid documents and follow all procurement procedures, changes and instructions, via the portal, according to organisers.
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