Expo 2020

What does Dubai Expo 2020 mean for companies across the world?

Dubai Expo 2020 is a six-month long trade fair that will showcase the latest innovations and products from across the world between October 2020 and April 2021. The Expo is set to be hosted in a state-of-the-art complex covering 438-hectares in Dubai.

The Expo will provide a significant boost to a number of economic activities including tourism industry. The government is all set to make Expo 2020 a huge success and is expected to spend about $7 billion on infrastructure alone. The government will spend a total of about $40 Billion and this huge surge in spending will provide a huge impetus to all the other industry sectors. Sectors including hotels and logistics will benefit hugely from this great event. The real estate market has already seen an upward trajectory, and this growth is set to be more stable and sustainable. Dubai has predicted the creation of about 277,000 new job opportunities, about 20% of the current workforce as a direct result of Expo 2020. Expo 2020 will also result in an increase of visitors by 25 million. Dubai Expo 2020 will be replete with concerts, roundtables, conferences, product launches where people from around the world can meet with those with similar interests.

This is the perfect opportunity for companies around the world to understand the potential of the Middle East market and tap into this stable market by establishing offices, factories, retail outlets etc. and be part of the growth in the long run.

For more information:

https://expo2020dubai.ae/

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