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What will be the possible Impacts of Dubai Expo 2020, on the overall long term Tourism and Retail business in the country?

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Question added by Siraj Uddin Khan , Administration & Transport Manager , Island Express Passengers Transportation
Date Posted: 2014/01/23
Fazal Ebrahim Dawood
by Fazal Ebrahim Dawood , Chief Executive Officer , Stardist Ltd

Definitely the expo will be a major boost to Dubai. The World Trade Show is considered as the largest trade shows known on earth. It is projected that the UAE economy will see over AED140 billion in revenue and the creation of over250,000 jobs.25 million expected for Dubai.  The hotel and logistics sectors will be the biggest winners while the residential and retail sectors will also benefit.

But the big question is what will happen after the World Trade Show is over with the additional infrastructure in place? The hotels for the visitors and200,000 extra accommodations for the workers and the taxis etc.? The rent that have shot up?

 

 

 

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