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Expo 2020 Analysis

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UAE won the right to host EXPO 2020, in 2013. Dubai EXPO 2020 is conducted under the theme “Connecting Minds, Creating the Future”, which means connecting minds arounds the world to create better future. The Expo also has 3 sub themes: • Sustainability – to conserve sources of Energy and Water • Mobility - Innovate smart systems of logistics and Transportation • Opportunity – create new paths to Economic Development The main aim of EXPO 2020 is to gather the global community which results in new partnerships and find solutions to core issues. This is the first time that world EXPO is being conducted in MENASA and there are huge expectations that it would leave a strong transformative economic and social legacy …show more content…

These World Expos attract millions of visitors around the globe so that they can explore and discover pavilions, exhibits and various cultural events. 4.2. Economic Impact of EXPO 2020 on Dubai: There is a huge potential that is expected out of EXPO 2020 and it is expected that in the period of 6 months of the event taking place, there would be 25 million people visiting Dubai and among them 70 per cent of the lot would be coming from outside U.A.E. It is also estimated that more than 277,000 new jobs opportunities will be created in the run-up. The main sectors that will directly benefit from staging the event are the construction and hospitality industries. For the construction sector, there is firstly the building work on the Expo site itself. This will involve the development of a 4.4- square-kilometer plot at Dubai World Central (DWC) next to the new Al-Maktoum International airport in Jebel Ali. The work will include building 700,000 square meters of pavilions and other venue space, and 500,000 sq m of permanent structures. Also, there will be a massive expansion in Dubai’s hotel capacity that is expected to follow in order to accommodate the hoped-for 25 million …show more content…

(gulfnews.com) 4.3. Benefits of EXPO 2020 in construction industry Infrastructure development and operations related to Expo would alone cost over US$9 Billion. This value doesn’t include cost related to developments planned or announced by private and public sector to support the event. Following are few benefits • The total cost to establish Dubai Expo headquarters is estimated to be around US$2 to US$4 billion. The 438 hectare site will have a 150 hectare gated Expo area, and a surrounding hospitality, residential and logistics zone, which will accommodate 247 participants and 25 million visitors expected to arrive at Expo with transport and pedestrian strategies prepared. It will be one of the largest and splendorous expo site ever used for world expos • Expo Village, a residential community development is under construction to provide full-time housing facilities for staff and labor coming from participating countries to work on the Expo. The expo village will target completion by 2018 after which the construction activities of pavilion will

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