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After 2020, Expo site will be a thriving business ecosystem
The Expo's 4.38 square kilometre site will be transformed into an ecosystem that connects businesses in the transport and logistics, travel and tourism, real estate and education sectors.
In a keynote speech at the conference, Marjan Faraidooni, Expo 2020's vice-president of legacy, set out ambitious plans to transform the Expo's 4.38 square kilometre site into an ecosystem that connects businesses in the transport and logistics, travel and tourism, real estate and education sectors.
Faraidooni explained Expo's intentions. "Our legacy plans are wide-ranging and ambitious. Our Expo will continue to foster innovation and to create meaningful partnerships that will live beyond 2020 - not only for the UAE but for the region as a whole," she said.
"We have spent the past year working on developing our masterplan specifically to create a platform for the future. Over 80 per cent of our investments will be retained following the event. This includes the infrastructure, as well as cutting-edge technologies, roads and public transport systems put in place to host the Expo.
"We have dedicated considerable effort towards identifying how we could develop a place that will continue to attract everyone: businesses, students, workers. It will be a place where people will continue to learn and take benefit from the plans and investment being made now."
Expo 2020 Dubai's legacy plans are the product of over two years of research and development, following the successful bid to host the mega event in November 2013. Officials from the Expo organisers have looked closely at the UAE's national strategic priorities, and the planning for other mega events, including the London 2012 Olympic and Paralympic Games, and the Lisbon Expo of 1998. Both events stimulated investment which resulted in the successful regeneration of run down inner-city areas.
Expo 2020 Dubai will, in contrast, be a driver of the development of an entirely new quarter within the Dubai South district.
Supporting strategic industries
Expo's legacy planners have identified four high-priority strategic industries: education, transport and logistics, travel and tourism and real estate. These sectors form the backbone of the current UAE economy and are industries that have a major role to play in the nation's ongoing economic diversification.
- abdulbasit@khaleejtimes.com
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