Cambridge companies given in-road to £3.3 billion Saudi market

Wednesday 20 July 2016

Exporters will be turning their attention to the Saudi market at a special event taking place in Cambridge next week.

In the last 12 months, Cambridgeshire Chambers of Commerce has processed documents relating to £34.5 million worth of exports to Saudi. It’s a growing market that consistently features in the top three countries being served by Cambridgeshire exporters.

Working in partnership with Exporting is GREAT, the event taking place at The Moller Centre in Cambridge next Tuesday will offer a series of introductions to this opportunity-rich market including the chance to connect with Vic Annells, Director of the Department for International Trade, Saudi, who leads a 24-strong team responsible for helping UK companies win business in the country.

Vic Annells, Director of the Department for International Trade, Saudi, said: “It is a great pleasure to be returning to Cambridge to connect with companies with the potential to benefit from Saudi’s ambitious growth agenda. We’ve identified nine key sectors offering considerable opportunities for UK companies to win business in Saudi, from the healthcare and education sectors to energy, consumer and retail. We helped UK companies secure £3.3billion worth of contracts in the year to March 2016, and we expect to see that figure rise considerably going forward. It’s a great time for UK businesses to be reaching out so that we can provide introductions to potential customers and partners. Any businesses looking for export opportunities and support should visit today.”

As well as securing a personal introduction to Vic, delegates at the event will also hear about the impact of the current economic environment, cultural factors that should be taken into consideration when investigating the market plus a breakdown of the specific business opportunities currently on offer.

Being held in partnership by Cambridgeshire Chambers of Commerce and Exporting is GREAT, the event is sponsored by The SMF Group, specialists in online business and digital marketing with offices in the UK, Spain and Peru.

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