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Busan-Ulsan-Gyeongnam SMEs trade delegation to UAE conducted USD 36.8 mn export consultations
On October 23, the Busan Regional SMEs and Startups office and the Korea Southern Power Corporation announced that they dispatched Busan-Ulsan-Gyeongnam SMEs trade delgation to Abu Dhabi in the United Arab Emirates (UAE) for five days from October 14, achieving export consultations worth USD 36. 8 million (KRW 50.7 billion) and estimated contracts of USD 8.45 million (KRW 11.6 billion).
Ten companies, from the green energy and mechanical plant fields, participated in the trade delegation, including DRC, Dongyang Metal, Eco Power Tech, Coi, KOC Electric, Lebe Industrial, Shinhwa Hi-Tech, Sungil, WFN, and Yangsan Machinery.
Eighty-seven consultations were conducted at the export consultation meetings held on October 16, with 45 buyers and 24 local companies in the UAE.
In particular, KOAI achieved on-site contracts to deliver marine pollution prevention robots worth USD 110,000 (or KRW 150 million) to Abu Dhabi National Oil Company (ADNOC).
The Busan Regional SMEs and Startups office said that ANDOC and the Emirates Water and Electricity Company (EWEC) gave companies participating in the trade delegation the opportunities for vender registration, information collection and networking.
youngkyu@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2024.10.24
Views
12
According to Yonhap News,
On October 23, the Busan Regional SMEs and Startups office and the Korea Southern Power Corporation announced that they dispatched Busan-Ulsan-Gyeongnam SMEs trade delgation to Abu Dhabi in the United Arab Emirates (UAE) for five days from October 14, achieving export consultations worth USD 36. 8 million (KRW 50.7 billion) and estimated contracts of USD 8.45 million (KRW 11.6 billion).
Ten companies, from the green energy and mechanical plant fields, participated in the trade delegation, including DRC, Dongyang Metal, Eco Power Tech, Coi, KOC Electric, Lebe Industrial, Shinhwa Hi-Tech, Sungil, WFN, and Yangsan Machinery.
Eighty-seven consultations were conducted at the export consultation meetings held on October 16, with 45 buyers and 24 local companies in the UAE.
In particular, KOAI achieved on-site contracts to deliver marine pollution prevention robots worth USD 110,000 (or KRW 150 million) to Abu Dhabi National Oil Company (ADNOC).
The Busan Regional SMEs and Startups office said that ANDOC and the Emirates Water and Electricity Company (EWEC) gave companies participating in the trade delegation the opportunities for vender registration, information collection and networking.
youngkyu@yna.co.kr
Source Text
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Source: Yonhap News (October 23, 2024)
** This article was translated from Korean.