UAE expected to gain Dh122.6bn after hosting Expo 2020, Ernst & Young finds

Economic effect of Expo 2020 from October 2020 to April 2021 would be equal to 1.5% of the country's GDP

An artist's impression of Expo 2020, one of the world's largest global gatherings, which will begin in Dubai next October. 

The much-anticipated Expo in Dubai next year is projected to contribute Dh122.6 billion to the UAE’s economy and create nearly 50,000 full-time jobs per year between 2013 and 2031, according to consultancy Ernst & Young.

Over that period, Expo 2020 is expected to make up 0.47 per cent of the UAE’s gross domestic product and 0.8 per cent of average annual employment driven by construction, an influx of Expo visitors and business activity at the site, the US auditing company said in an independent report.

The economic effect of Expo 2020 from October 2020 to April 2021 would be equivalent to 1.5 per cent of the UAE’s

gross domestic product.

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