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Dubai spends US$42.5 billion on mega projects ahead of Expo 2020
In advance of its hosting of international trade fair Expo 2020, Dubai is spending US$42.5 billion on a series of major infrastructure projects.
The first World Expo to be staged in the Middle East, the six-month event is forecast to attract up to 300,000 visitors per day, half of them from abroad, when it opens in October 2020, according to the Dubai Chamber of Commerce and Industry.
The value of Expo-related projects under way hit US$42.5 billion in March with US$11 billion of that spent on hotels and theme parks, according to the Construction Intelligence Report.
The projects include a US$8 billion expansion of Al-Maktoum International Airport, boosting its capacity to handle 160 million travellers per year.
The Emirate is also spending US$2.9 billion to develop a new metro line that will link its main transport hubs to the Expo site.
Image: Aerial plan of the Dubai 2020 Expo site.
15th May 2018 - DUBAI PARKS AND RESORTS WELCOMES 45% RISE IN VISITORS IN 2018
20th December 2017 - WORK STARTS ON DUBAI 2020 EXPO PAVILION CENTREPIECE
19th December 2017 - DUBAI SAFARI UNDERTAKES SOFT LAUNCH AHEAD OF JANUARY OPENING
6th December 2017 - MEGA EVENTS PREDICTED TO ATTRACT MASSIVE UAE TOURISM REVENUE BY 2020
12th November 2017 - LOUVRE ABU DHABI OPENS TO THE PUBLIC
13th October 2016 - AUTHORITIES PLAN TO REUSE MORE THAN 80% OF DUBAI EXPO 2020 SITE
28th September 2016 - ABU DHABI’S YAS ISLAND AIMS TO RAISE TOURISM PROFILE AND DOUBLE VISITS
23rd June 2015 - UAE LEISURE SECTOR TO ATTRACT 45 MILLION VISITORS BY 2021
10th April 2014 - ABU DHABI SEEKS INVESTORS FOR EVENTS VENUE
4th February 2014 - NEW GLOBAL TOURISM BODY TO MARKET ‘BRAND DUBAI’
4th December 2013 - AFTER EXPO 2020, DUBAI CONSIDERS 2024 OLYMPICS BID
2nd December 2013 - DUBAI TO HOST 2020 WORLD EXPO TRADE CONVENTION
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