Friday June 22, 2018

UAE majors back 2020 World Expo bid

Posted Sat 04 Aug 2012 05:34:16 pm in News, Business | By News Desk

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Five of the UAE's biggest companies have thrown their weight behind the country's bid to host the 2020 World Expo.

Dubai Airports, Emirates Airline, Emirates NBD, Etisalat and Jumeirah Group have all signed up to support the effort to win the prestigious global event.

Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Higher Committee for Hosting the 2020 World Expo in Dubai, said the companies would be "Premier Partners" for the project.

He said: "With their active support, the UAE is now even more strongly positioned to be selected as the host nation for this celebration of new ideas and global partnerships, which will provide enduring benefits to the country and the rest of the world."

The UAE's bid to host the World Expo 2020 could cost up to $4bn but would attract more than 25 million tourists.

The UAE's bid to host the 2020 World Expo in Dubai is one of five and is up against Ayutthaya (Thailand), Ekaterinburg (Russia), Izmir (Turkey) and Sao Paulo (Brazil).

If its bid to host the event is successful, the UAE plans to host the six-month long event at ‘Exhibition City’, an as-yet unconstructed 400-hectare development located near Al Maktoum International Airport to the south-west of Dubai.

The companies, which collectively employ tens of thousands of staff from across the world and have operations spanning the globe, will engage in a wide range of activities to promote the country's bid to host the first Expo ever in the Middle East, Africa and Southeast Asia region.

Reem Al Hashimy, UAE Minister of State and the managing director of the Higher Committee for Hosting the 2020 World Expo in Dubai, added: "As we continue to accelerate our efforts to host the 2020 World Expo, forging sustainable partnerships with the private sector will prove critical to the strength of our bid."

Officials said that it will further expand this partnership network, welcoming additional firms and organisations to the effort.

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