Country United Arab Eremites (UAE)

Scenario:

OSRAM is a multinational lighting manufacturer headquartered in Munich, Germany. Your firm has been asked by OSRAM about the prospect of adding a new manufacturing facility in the UAE for its latest innovation in OLED light bulbs for the automotive industry. OSRAM has made significant investments in R&D with regards to the OLED technology and success in this business line is strategically important to the firm.

Provide the following analysis of the UAE :

3: Suggest a preferred method of expansion into the UAE, if recommended (i.e. JV, greenfield, M&A). Please explain your decision.