news
The Nordic Hub
Stockholm is Europes
third-biggest hub for global headquarters.
legacy language
BestCities
unveil new Impact Measurement research for global associations.
planning for the future
Copenhagen
to host BMX World Championships 2025.
joining forces
Meet in Reykjavík
is now under the umbrella of Promote Iceland.
New knowledge
Brain research
shows added value live events.
Covid-19
BTM World 2020
transitions to virtual.
post-pandemic momentum
Dubai Tourism forms Business Events Stakeholders committee,
host first meeting as industry resumes activity.
hotel news
Scandic expects
occupancy of 30-35 percent for September.
Covid developer
Scandic Hotels
launches the largest network of coworking spaces in the Nordic countries.
planned for 16-17 Sep
Update on GIAF
- New dates set for 5-6 November 2020.
RSS
rss_icon
Links
EXPO 2020, Dubai: 500,000 new jobs, with more than 2,000 structures being built

The combined value of the Expo 2020 Dubai-related development projects has touched $33 billion, according to a new report.

The figure comes as the UAE begins the three-year countdown for the six-month-long mega global event that will kick-off on October 20, 2020.

BNC Network, the project research and intelligence provider, said the $33 billion includes projects such as transport infrastructure, as well as mixed-use projects, residential, commercial, hospitality and a golf course.

It said these projects will create 500,000 new jobs over the next eight years, with more than 2,000 civil structures being built in Dubai South, the 145 sq km mixed-use development.

“As it stands, Dubai is getting ready to host the Expo 2020 and the emirate is way ahead in terms of its readiness to host the mega event – taking place in the Middle East for the first time in the event’s more than 150 years of history,” said Avin Gidwani, CEO of BNC Network.

“While driving past some of the major highways, one would notice the hectic construction activities on the highways and both sides of these highways – that reflect the pace of development work in the emirate. Most of the projects are on a fast-track basis, intended to expand the hotel inventory.

“Both the public and private sectors have mobilized their best resources to complete these projects on time.”

Dubai South has been divided into separate functional districts, such as the Logistics District, the Residential District which is expected to accommodate 250,000 residents, the Commercial District to provide employment opportunities for an estimated 150,000 people, the Exhibition District, that will host the World Expo 2020 site, and the Aviation District.

Earlier this week, Expo 2020 Dubai launched its search for more than 30,000 volunteers who will be the "face" of the largest global gathering ever to be staged in the Middle East, Africa and South Asia.

Organisers said the volunteers will play a crucial role in Expo, building on the UAE’s global tradition of hospitality by welcoming up to 25 million visits during the six-month event.

Of these, 70 percent are expected to come from outside the UAE, an unprecedented proportion in the 166-year history of World Expos.

 

Source: Arabian Business