The one year countdown is on for Expo 2020 Dubai, the biggest event ever organized in the Arab world as it will play host for 192 countries.
On 20 October 2020, Expo 2020 Dubai will open its doors to the public. The massive event will run until 10 April 2021 and is estimated to attract as many as 25 million visitors with 70% of them coming from overseas. The Expo will be the largest event ever organised in the Arab world.
The Expo will take place in the Opportunity, Mobility and Sustainability districts on the 4.38 sq km site. Every day, 60 live daily shows, performances and parades will take place. Tickets for a single-day will cost AED 120 (USD 33).
Total investments for the Expo are estimated to reach US$8.9 bn with US$6.2 bn being dedicated for urban developments and infrastructure projects.
The UAE expects large number of benefits from the event for its economy. According to a report published last April by global consultancy firm EY, Expo 2020 Dubai will boost the UAE economy by US$33.4bn and support over 900,000 jobs until 2031. During the peak six-month period of the World Expo, the report predicts that it will add the equivalent of 1.5 % to the UAE’s gross domestic product. New infrastructure comprises roads, bridges and the Dubai Metro Route 2020 line.
According to Najeeb Mohammed Al-Ali, executive director of the Dubai Expo 2020 Bureau, “This independent report demonstrates that Expo 2020 Dubai is a critical long- term investment in the future of the UAE. Not only will the event encourage millions around the world to visit the UAE in 2020, it will also stimulate travel and tourism and support economic diversification for years after the Expo, leaving a sustainable economic legacy that will help to ensure the UAE remains a leading destination for business, leisure and investment”.
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