Sunday, December 21, 2014
Impact of Expo 2020 Dubai on the wider region
This is the UAE’s opportunity to use this mega event platform to truly engage the global community and drive advancements and innovative solutions in the fields of mobility, sustainability and economic development.
Running from 20 October 2020 through 10 April 2021, the Expo coincides with the country’s Golden Jubilee and will serve as a springboard to launch a progressive and sustainable vision for the coming decades.
A strong legacy will be realised, buoyed by accelerated infrastructure development, a detailed urban planning legacy and knowledge base development, and underpinned by a long-term strategic UAE national training and development programme.
Preliminary estimates indicate that the economic impact generated by the Expo between now and 2021 will be approximately €17.7 billion – much of this value is expected to be retained within the region.
In the next six years, over 275,000 jobs are estimated to be created in and around the region to service the Expo, across sectors including tourism, aviation, construction and real estate, engineering and infrastructure, logistics and transportation, and hospitality and retail.
The World Expo builds on the UAE’s natural strength as a global business hub offering access to a market of nearly 2.9 billion people, and will open more doors to strong investment and partnership opportunities across the MENASA region.
Overall the positive halo effect of the Expo 2020 Dubai will leave behind a strong transformative social and economic legacy across the region.
Labels:
Expo 2020 Dubai,
Impact
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