Kippreport looks into the new trend and the change in strategyNovember 29, 2015 5:01
The World Expo 2020 – ‘Connecting Minds, Building the Future’
Few can imagine the Dubai of 2020 and its impact on the expo; how it will connect people, their ideas and aspirations, writes Ahmed bin Sulayem.
November 19, 2013 3:42 by kippreport
By Ahmed Sultan bin Sulayem, executive chairman of DMCC, the UAE’s largest and fastest growing free zone.
With less than eight days to go for the Bureau International des Expositions (BIE) to announce the host of the World Expo 2020, it is important to look back at the importance and relevance of the major global event.
To date, a total of 33 expos have been organised around the world in locations, such as London (1851), Osaka (1970), Seville (1992), Hannover (2000) and Shanghai (2010). The next expo will be held in Milan in 2015, as this event is only organised once in every five years and is as popular as the FIFA World Cup or the Olympic Games.
The 1928 Paris Convention, Article 1 (which created the BIE), defines the event as:
“An exhibition which, whatever its title, has as its principal purpose – the education of the public. It may exhibit the means at man’s disposal for meeting the needs of civilisation or demonstrate the progress achieved in one or more branches of human endeavour or show prospects for the future.”
The expo brings people from all corners of the world to one place to share progressive ideas, customs and best practises, and explores better ways to solve some of the world’s toughest challenges, as well as facilitate and strengthen relationships.
Dubai would be the first city from the Mena region and South Asia to host an event of this magnitude.
As the challenges and complexities of global interconnectivity increase, the links between people, societies and ideas have never been more important. The Expo 2020 will act as the platform for global connectivity to enable new partnerships for growth and sustainability in the future. The Expo 2020 team has predicted that 70 per cent of the expected 25 million visitors will be from outside of the UAE, making it the most international expo organised to date.
Few can imagine the Dubai of 2020 and its impact on the expo; how it will connect people, their ideas and aspirations.
According to a number of published reports, previous trends of host countries show that there will be a vast amount of socio-economic benefits for the city, the UAE and the wider Gulf region, such as increases in job opportunities (foreseen to reach 300,000 in the construction sector), the number of tourists coming to the city and approximately $30 billion pumped into the local economy.
The DMCC continues to support the growth and image of Dubai. Since its establishment in 2002, it has created the right infrastructure and business environment that has witnessed more than 7,600 new companies join the JLT Free Zone, of which 90 per cent are new to the UAE. The DMCC and its members are expected to provide significant value to the Expo 2020 by demonstrating the complexity and ingenuity of solutions developed across global commodity businesses. Our multi-national and multi-cultural communities will be able to represent innovative ideas from across the world.
Moreover, we are on the path of building the tallest commercial tower in the world and a supporting business park, enabling business growth and complementing Dubai’s position as a global business hub.
We anticipate that the BIE would award the Expo 2020 to Dubai, as the emirate should be its undisputed best choice to host this prestigious event.