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Will Expo 2020 boost Dubai your business?



We think so!


Change is coming to Dubai next year, bringing the opportunity of a lifetime for anyone setting up or moving their business here.


During Expo 2020, over 200 nations and organisations will gather to showcase their culture and achievements. It’s a global prestige event and is likely to bring some very powerful and much needed positive attention to the UAE.


Why should you care?


Well, World Expos are unrivalled among international events for size and impact. With the visitors, the exposure, and the boost to the economy that Expo 2020 will bring, it’s imperative for businesses to take advantage before the opportunity passes. Due to the current business cycle it will also act as a catalyst for growth, as the Expo’s timing and arrival will coincide with the UAE cycle growth phase as it starts to come out of the current downturn.


So, unlike after the Olympics when economies normally hit a downturn, Dubai’s Expo will instead increase growth.

So, unlike after the Olympics when economies normally hit a downturn, Dubai’s Expo will instead act as a catalyst for growth.

Here’s what you need to know.


25 million visitors welcomed to Dubai


With this number of visitors expected during the six-month Expo, it’s an amazing opportunity to sell and promote Dubai and all it has to offer.


We live and work here, so we already know why it’s the place to be. But around the world it’s a different story. In the eyes of some, Dubai lags behind, with London, New York, Zurich, Hong Kong, and Shanghai when it comes to doing and closing deals. We were on this road and making good progress, except for the growth hiatus of the last couple of years, but Expo will get us back on track again.


Expo 2020 will change that. Hosting the event will create significant prestige for the city and having so many international visitors experiencing Dubai for themselves could boost your brand on the global stage.


What this means for you and your business


Millions of visitors will see Dubai and also its opportunities and put it firmly back on track. In business, you make the best connections face to face, building relationships, and as the Ruler of Dubai His Highness Sheikh Mohammed says, you see with your eyes not your ears. This could lead to significant investment in the region, through people moving here or opening a business in the city after Expo 2020.


Expo 2020 adding new sectors of prestige to Dubai


Our city is often recognised for its superior tourism, hospitality and retail offerings. Expo 2020 will help the world see how much more we have to offer.

Not only at the Expo, but across our growing city, visitors will see us pushing boundaries in everything from construction and sustainability to finance and cutting-edge communications. They will witness our innovative excellence across all sectors. And they will get a feel for how we are uniquely positioned to host a truly global business.


What this means for you and your business


Dubai is the first city to host a World Expo in the Middle East, Africa and South Asia, which speaks volumes about our increasing presence as an international player in business. While we are already specialists in tourism, hospitality and retail, the upcoming global exposure will boost other sectors as well.


Infrastructure improvements will stretch far beyond Expo 2020


One of the major concerns for cities hosting Expos is making use of the sites afterwards. This was a significant part of the planning from the moment Dubai was chosen. In fact, over 80% of the site will be re-used, ensuring the event infrastructure adds lasting value to the region. The site, covering 4.38 square km, will become known as District 2020 after the event. It will feature office and residential space, cultural attractions, parks and leisure amenities.

The Expo site, covering 4.38 square km, will become known as District 2020 after the event. It will feature office and residential space, cultural attractions, parks and leisure amenities.

Alongside this, the government is funding new roads and rail links, and expanding its airport capacity to accommodate the influx of visitors. All of which will leave Dubai with an even greater logistical framework to compete with other international business centres.


What this means for you and your business


Any improvements to the infrastructure of a city are a boost for business. Thanks to the foresight and planning of the government, we can be sure these improvements will boost Dubai’s economy.


The cutting-edge post-Expo use of the site, and the improved city infrastructure, will cement our position as a major draw – not only for businesses, but also for the best talent from around the world.


The Expo will create jobs


Any event of this scale brings a surge in employment and an increase in skilled workers. It has been suggested that Expo 2020 will result in more than 270,000 new jobs in the UAE.


The construction industry always benefits from Expos, building a site to cater for millions of visitors. But many additional skilled roles are also needed to support such an event.


For example, specialists in sustainability will be ensuring that 50% of the Expo 2020 site’s energy requirements are generated through renewable sources. Meanwhile, communications experts will be rolling out 5G for the event, in another first for Dubai in the Middle East, Africa and Asia.


With the event striving to be as innovative and sustainable as any we have seen, this Expo has already drawn (and will continue to attract) a rich wealth of skilled workers into the region.


What this means for you and your business


Even in regions where the infrastructure is good, without the specialisations provided by skilled workers, businesses will never realise their full potential. In the aftermath of Expo 2020, organisations will have a huge number of opportunities to hire the best international talent, as the event will create a far greater pool of skilled workers.

In the aftermath of Expo 2020, organisations will have a huge number of opportunities to hire the best international talent, as the event will create a far greater pool of skilled workers.

Economy boosted to the tune of USD 35bn


The influx of visitors over the six-month period of the Expo will have a significant positive impact on the economy. The event is expected to generate revenue of up to USD 35bn, and it has been suggested that foreign investments of up to USD 150bn could also be brought into Dubai and the wider UAE through sectors such as retail, hospitality, and real estate.


What this means for you and your business


A thriving economy is a springboard for new business opportunities. And while Dubai has traditionally been a solid investment for small startups to major corporations, the wider economy has been sluggish over the last 18 months, and the boost from Expo 2020 will ensure the whole world knows it is on the road to recovery and squarely back on the map. This is one of the reasons why we see 2019 and early 2020 as good period to get set up and create a presence, as the Expo for us will be the foundation and platform for future growth.


So, if you were considering opening a new business in Dubai, or moving your existing operations here, we strongly believe that the next nine months are a good time to start such a process and journey. And we are here to help.


credits: https://eercorporateservices.ae/will-expo-2020-boost-your-dubai-business/

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Dubai, UAE

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