Hosting an exhibition of this magnitude gives an incomparable business opportunity to the UAE to attract foreign investors, visitors and build its core economy rapidly. Analysts believe that the Dubai Expo 2020 will benefit hospitality and tourism industry greatly.
Let’s take a closer look at some the key aspects of World Expo 2020…..
- As per Reem Al Hashimi, MD, Expo 2020 Executive Body, Expo 2020 is expected to yield $24.2 billion in revenue.
- The expo is expected to provide around 277,000 new job opportunities to the job seekers. It will have a positive impact on small and medium enterprises.
- World Expo is expected to boost the economy of the UAE by an average of 6.4 % every year.
- The UAE government has predicted if the Expo is a success, which is undoubtedly certain, the revenues of up to $17.7 billion will be generated.
- As per some analysts, the UAE may garner around $150 billion in foreign direct investment in sectors such as tourism, real estate and hospitality.
- World Expo 2020 is expecting around 25 million visitors out of which around 17 million will be international. It will for sure give a big thrust to the tourism and hospitality industries.
- Dubai is constructing a massive new city over an area of 1,082-acre to host the Expo 2020. This sole project has generated 15% of the new jobs in the city and this figure may double as the city gets closer to 2020.
So, what are you waiting for? There is no better time to plan your Dubai Tour than now. Visit www.dubaiprivatetour.com and book the best travel package to get the best of the UAE and the world Expo 2020.