EXPO 2020 DUBAI: IT WILL FAST-TRACK INFRASTRUCTURE DEVELOPMENTS

Dubai’s prolific win to host Expo 2020 will fast-track infrastructure developments such as rail projects and ramp up logistics facilities that are worth billions of dollars. The effects of Dubai’s Expo win is already evident as the emirate’s stock market index jumped four per cent on Thursday in the opening minutes, rising above the 3000 point level for the first time since November 2008. A previous Dubai Chamber of Commerce Study indicated that the emirate’s business confidence was at an all-time high in anticipation of Dubai winning the Expo. Remaining true to its theme of sustainability, mobility and opportunity, Dubai has allocated a large chunk of its Expo budget to building and developing its infrastructure and improving its logistics facility by 2020.