Expo 2020 Dubai event is expected to be a significant contributor to the UAE’s economy

Saturday, May 4, 2019

Expo 2020 Dubai event is expected to be a significant contributor to the UAE’s economy during its peak activity period. Sanjive Khosla, the deputy chief for sales and marketing at Expo 2020 Dubai, said that the country will continue to reap the benefits of the event for long even after it gets over.

To quote Khosla, “I think it is fair to say that this Expo is going to be very different from any other Expo that has happened in the past. Firstly, around 80 per cent of the visitors an Expo are always domestic. The biggest example of this was China, where we saw that around 95 per cent of the visitors were domestic visitors. What we are aiming for at Expo 2020 is a target of 70 per cent international visitors. This is the first time in the history of World Expos that an event such as this is being held in the Middle East. Around 3.1 billion people, who never had the opportunity to visit a World Expo, are getting the opportunity to do so this time.”

He said that the impact of the Expo will be felt across various sectors including hospitality, F&B, and the events sector.

He talked about how the three sectors which make up the sub-themes of the event – sustainability, mobility, and opportunity, will enjoy an increase in interest during the course of the event.

Over 80 per cent of the Expo built environment is planned to be retained for District 2020, and eventually expand into a city covering more than four million square meters. District 2020 companies will be focusing on technology and innovation, including a mix of corporations and small and medium-sized enterprises.

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