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advantage business consultancy pte ltd |
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…funding and
overseas market expansion |
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Are you looking to grow your business in
overseas markets? If
you are finding that your current markets are too small or saturated and
would like to explore opportunities to expand overseas, we can help. Venturing
abroad gives you tremendous opportunities but is by no means an easy task.
Having the know-how and the contacts to get business contracts in the foreign
market often deter companies from venturing abroad, despite the high rewards.
This is why local companies can benefit from our services. Our
contacts with business groups overseas - especially in Asia, Middle East and
United Kingdom – can help you to grow your business in these markets. Their
business contacts and experience in the market coupled with your technology
and business know-how can be the winning formula to succeed in the foreign
market. Expanding into the Middle East The
Middle East is a diverse market and specific local knowledge is required if
you are to penetrate that market. For example, the Middle East has very rich
countries like Qatar with GDP per capita of $96,000 and very poor countries
like Yemen with GDP per capita of only $2,600. If your company tries to adopt
one strategy to fit the region, it would not work. Your chances of success
are much higher if we tie you up with a strong local partner that not only
provides the market know-how and the contacts but co-invests with you to set
up an office or factory there. The
oil and gas sector is a major sector in the Middle East, which has the
world’s largest reserve of oil. Countries like Qatar builds up the largest
per capital sovereign wealth fund in the world simply by tapping on its oil
reserves. With this huge natural resources comes a large oil and gas
industry. For example, Bahrain while having a huge oil reserve has built
refining capacity that outstrips its own production. There are opportunities
for companies in this sector to expand their business by being a part of the
oil and gas industry in the Middle East. The
tourist sector is also a booming sector in the Middle East. It is home to
some of the world’s tallest and best hotels. Countries like the United Arab
Emirates, while having a sizable oil reserve, are also diversifying their
economies into tourism building even an indoor ski slope and artificial
resort islands. Opportunities abound for your company if it is targeting the
tourism sector. With
the high growth in the region comes the necessity to build for
infrastructure. As a result, construction activity in the Middle East is
high. Countries like Bahrain even expanded its industrial activity beyond oil
and has gone into aluminium. The
services sector is also buoyant in the Middle East. With the small population
and the high growth, many countries have to rely on foreign labour to carry
out its activities and opportunities abound for services companies such as
recruitment companies. The population in the Middle East is also relatively
young. Currently about 40% of Saudi Arabia’s population is under the age of
15. Therefore, opportunities arise for companies that are in the education
sector. Please
click here if you would
like us to help you to expand your business overseas. Tell us more about your
business and which areas you are looking to grow your business in. |
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Advantage Business Consultancy Pte Ltd
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