The Abuja Chamber of Commerce and Industry (ACCI) has said that the coming 17th Abuja International Trade Fair (AITF) will strengthen trade and investment opportunities in the country.
The fair has been scheduled to hold between 30th September to 9th October, 2022 at ACCI Abuja International Trade Fair Complex.
The ACCI President, Dr Al-Mujtaba Abubakar made the disclosure in a statement made available to NewsSpecng on wednesday.
The president in a statement which he personally signed
stated that the focus of the 17th AITF themed “Creating an Export Ready Market Through SMEs Digitization” is on exports.
The ACCI president said “Aside from promoting businesses, the 17th AITF will also strengthen trade and investment opportunities in the country, thus, offering a neutral and open atmosphere for blue-chip companies, trade groups/associations, and government.”
Dr Abubakar also added that, Digitization offers a range of opportunities for SMEs to improve performance, spur innovation, enhance productivity and compete on a more even footing with larger firms, reflecting: economies of scale; lower operation and transaction costs; and reduced information asymmetries.
He stressed that digital technologies and infrastructures have transformed businesses and organisations.
“Over the past decade, the emergence of increasingly powerful digital technologies and digital infrastructures have transformed and continue to transform business processes, organizations, and corporate culture with new innovation processes, marketing models, and types of products/services.”
“It is fast becoming an increasingly central issue for companies, the reason for the theme for this year’s focus: creating an export ready market for SMEs.”
“The fair is always the right place to meet the right people that will help in taking businesses to the next level.”
Abubakar also disclosed that the opening ceremony will take place on the 4th of October 2022; adding that over 150 local exhibitors and 100 international exhibitors have made bookings for their participation, with many more to come.
The AITF is a standard platform for brand establishment as it brings together various aspects of trade and industry, foreign ambassadors, business persons, decision-makers, business delegations, entrepreneurs, and innovators.
Since its inception, AITF has served Nigeria as a trusted global trade destination and a potential market for over 50,000 consumers.
The AITF is a global platform, that provides an avenue where businessmen, entrepreneurs, service providers, and many others converge. It also provides an avenue for the distribution of trade, investment, market opportunities, and ideas that would greatly help sellers, buyers, investors, and countries to promote relationships in business.
