Expo 2020 Dubai budget could reach $8.7bn

Expo 2020 Dubai budget could reach $8.7bn

The budget for the Expo 2020 site in Dubai South is estimated to be between $8.1bn and $8.7bn according to a report compiled by BNC Network.

This forecast, which was commissioned by The Big 5, is significantly higher than earlier predictions, which estimated a budget of approximately $7bn.

The Milan Expo saw an initial investment of $1.46bn from the Italian government – although the expenditure was high when infrastructure costs were added.

With the Middle East’s largest-ever event just four years away, Najeeb Al-Ali, executive director of the Expo 2020 Dubai Bureau, will use The Big 5 2016 as a platform to answer attendees’ questions.

Topics to be covered by Al-Ali, who will deliver his presentation on Tuesday, 22 November, 2016, will include what to expect from the world’s fair, how it will benefit the construction industry, and the ideas behind the event’s theme: ‘Connecting minds, connecting the future’.

Located near to the Expo 2020 site in Dubai South, Al Maktoum International Airport will represent the primary transport hub for Expo 2020 visitors and exhibitors. The capacity of the airport will be increased to 200 million passengers by 2020.

Josine Heijmans, The Big 5’s event director, commented: “The airport is part of the secondary infrastructure that will support the Expo 2020 Dubai.

“This project is not entirely dependent on hosting the event, but responds to the rise in expected numbers of travellers to Dubai,” she added.

Al-Ali’s presentation, ‘A preview of the much-awaited Expo 2020 Dubai: Delivering the first mega event in the Middle East’, will take place on the second day of The Big 5 2016.

The summit has been organised with the support of the Dubai Economic Council.

The Big 5 2016 will take place at Dubai World Trade Centre from 21-24 November.

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