Dubai World Expo 2020 – On Track and Beneficial?
Posted by Dan Kirk on Saturday, February 28, 2015
The successful bid from Dubai to host the World Expo 2020 was a warmly welcomed boost to the Dubai economy back in November 2013. It represented a significant shift from the negatives of the global recession and highlighted Dubai as having a vision for the future through not overlooking the potential benefit of investment from overseas. However, where are plans and construction of the World Expo site currently at over a year after the bid was victorious? What benefits will the Expo bring to Dubai and the UAE?
Set to run for 6 months from it’s opening in October 2020, the Dubai World Expo will be a chance for Dubai and it’s construction companies to project its dominance in the construction field to the world. Construction is set to start by November 2015 following an agreement of the dossier by the BIE (Bureau of International Expositions), who govern the World Expo events.
According to the RTA’s (Roads and Transport Authority) Chairman, Mattar Al Tayer, Projects valued at 30 Billion Dirhams will be constructed in the Emirate to increase its infrastructure in time to host the World Expo 2020. The first of these was the successful completion of the Dubai Tram towards the end of 2014. Expansion of the Dubai Airport and the Metro lines/stations will also be completed by 2020 to accommodate the influx of tourism and business in the region as a direct result of the Expo. By 2020, there will be 70 Metro stations, this will include expansion of the Red Line to include the Expo stop and expanding the Green line to double its current length. An overall growth of around 50% for the Dubai Metro.
The developer behind the World Expo 2020, DWTC (Dubai World Trade Centre) are expecting a windfall of income for the UAE from the Expo. DWTC’s CEO, Helal Saeed Almarri said that the, “economic impact between now and 2020 on the UAE, in our bid dossier, we did an initial study and we looked at around 90 Billion Dirhams plus as the impact on the UAE from Expo 2020”. (Source: gulfnews).
With construction set to start on the 438 hectare Expo site at the end of 2015 there is expected to be a surge in construction positions in Dubai at this time. Construction Managers, Project Managers, Interior Fit-Out Construction professionals, M&E engineers and commercial professionals are advised to keep an eye on the brand-new Maxim website or to sign up for job alerts following the steps on our home page. If you would like to be considered for roles now, please send your CV via the Maxim Recruitment website and contact Dan Kirk, for engineering and project management roles, John Lee, for health & safety and planning roles or Stuart Hackett for all commercial and quantity surveying roles.
Dan Kirk
Maxim Recruitment
Dubai & Middle East Region