![]() ![]() “As the host, Dubai aims to use the event to further enhance its international profile and reputation.” Matthew Benson, partner, Transaction Advisory Services, MENA, EY, said: “Expo 2020 is an exciting long-term investment for the UAE, and is expected to have a significant impact on the economy and how jobs are created directly and indirectly. Investment: Estimated total Expo-related capital expenditure Job-years: Defined as full-time employment for one person for one year *Note: Total does not sum due to roundingĬontribution to GDP: Gross Value Added (GVA) of goods and services produced in an area, industry or sector of the economy JOB-YEARS: 548,300 (equivalent to an average 53,800 FTE jobs per annum) Events organisation and business services: Dhs54.2bn.JOB-YEARS: 94,400 (equivalent to an average 94,400 FTE jobs per annum)ĬONTRIBUTION TO GDP : Dhs62.2bn ($16.9bn) Transport, storage and communication: Dhs2.6bn.Events organisation and business services: Dhs7.7bn.*equivalent to 1.5 per cent of UAE annual GDP ON-SITE SPENDING IN SME SECTOR: Dhs4.7bn (supporting 12,600 job-years)ĬONTRIBUTION TO GDP : Dhs22.7bn ($6.2bn)* JOB-YEARS: 262,400 (equivalent to an average 37,500 FTE jobs per annum) Transport, storage and communication: Dhs2.2bn.Events organisation and business services: Dhs7bn.JOB-YEARS: 905,200* (equivalent to an average 49,700 FTE jobs per annum)ĬONTRIBUTION TO GDP : Dhs37.7 billion ($10.3bn) TOTAL INVESTMENT IN INFRASTRUCTURE, CAPITAL ASSETS: Dhs40.1bn Events organisation and business services: Dhs68.9bn.KEY FINDINGS: EY report ‘The economic impact of Expo 2020 Dubai’ PHASESĬONTRIBUTION TO GDP: Dhs122.6bn ($33.4bn) “The economic impact of the legacy period is mainly expected to be driven by the development activity and operations of District 2020 and the incremental effects of the expansion of the DEC,” the report stated. The DEC is also expected to be a key facility in the site. 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 metres.ĭistrict 2020 will support ‘sustainable economic development’, looking at an innovation-driven economy focussing on industries such as logistics and transport, travel and tourism, construction and real estate and education.Ĭompanies will be focused on technology and innovation, including a mix of corporations and SMEs. In the legacy period (May 2021 to December 2031), the expo site is expected to be redeveloped to District 2020, which is expected to include tenant companies and an expanded Dubai Exhibition Centre (DEC). Small and medium-sized enterprises (SMEs) are also estimated to receive Dhs4.7bn in investment during the pre-expo phase, supporting approximately 12,600 job-years. Investigate how you can be a piece of the Dubai Expo Jobs 2020 excursion by review the wide assortment of work and volunteer freedoms accessible for extraordinary individuals hoping to join our different, fiery, persuaded and propelled group.The report, The economic impact of Expo 2020 Dubai considered ‘direct’ increases in economic activity, ‘indirect’ benefits of increased supply chain demand and ‘induced’ benefits from increased spending by employees of firms involved in Expo 2020.Įxpo 2020 Dubai is expected to attract 25 million visits and participants from 190 countries from October 2020 to April 2021.ĭuring this period, it is expected to contribute approximately 1.5 per cent of the UAE’s annual forecast gross domestic product (GDP), the EY report stated. Dubai Expo 2020 will be a stage for availability to assist with spearheading new associations for development and maintainability for what's to come. Dubai Expo 2020 is an extraordinary stage to paint your future with splendid shadings. ![]() To help and convey an uncommon World Expo with an enduring effect. The Bureau International des Expositions (BIE) general gathering in Paris granted Dubai as the host on December 01, 2013.Ī definitive subject of Dubai Expo Jobs 2020 is Connecting Minds, Creating the Future, the Expo 2020 Volunteers program is uniting individuals from across the Emirates for a common perspective. Exhibition 2020 is a World Expo to be facilitated by Dubai in the United Arab Emirates, opening on October 20, 2020.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |