Expo 2020 site will transform into a futuristic city within months

An Expo 2020 Dubai chief is already gearing up to welcome the public back to the world's fair site - after a spectacular closing ceremony capped off an unforgettable six months

Ahmed Al Khatib, chief development and delivery officer for Expo 2020 Dubai, tells The National how the sprawling area will be transformed into a futuristic city where people can live, work and play.

What was Expo will soon welcome crowds again as District 2020 – providing a fitting legacy to the success of the global spectacle.

The most striking structures will remain in the Dubai South neighbourhood as will the two large parks, walking, cycle paths and restaurants in the city’s newest residential and business district.

District 2020, the future of Expo 2020 Dubai, has announced the evaluation and shortlist of more than 600 applications from global start-ups and small businesses through its dedicated entrepreneurship programme. This marks the first major milestone for its dedicated Scale2Dubai programme which began accepting applications back in September 2021. The final announcement of successful applicants is expected to be revealed by March and will eventually see over 80 selected start-ups and small businesses joining District 2020’s community from October 2022.
District 2020, the future of Expo 2020 Dubai, has announced the evaluation and shortlist of more than 600 applications from global start-ups and small businesses through its dedicated entrepreneurship programme. This marks the first major milestone for its dedicated Scale2Dubai programme which began accepting applications back in September 2021. The final announcement of successful applicants is expected to be revealed by March and will eventually see over 80 selected start-ups and small businesses joining District 2020’s community from October 2022.
District 2020, the future of Expo 2020 Dubai, has announced the evaluation and shortlist of more than 600 applications from global start-ups and small businesses through its dedicated entrepreneurship programme. This marks the first major milestone for its dedicated Scale2Dubai programme which began accepting applications back in September 2021. The final announcement of successful applicants is expected to be revealed by March and will eventually see over 80 selected start-ups and small businesses joining District 2020’s community from October 2022.
District 2020, the future of Expo 2020 Dubai, has announced the evaluation and shortlist of more than 600 applications from global start-ups and small businesses through its dedicated entrepreneurship programme. This marks the first major milestone for its dedicated Scale2Dubai programme which began accepting applications back in September 2021. The final announcement of successful applicants is expected to be revealed by March and will eventually see over 80 selected start-ups and small businesses joining District 2020’s community from October 2022.
District 2020, the future of Expo 2020 Dubai, has announced the evaluation and shortlist of more than 600 applications from global start-ups and small businesses through its dedicated entrepreneurship programme. This marks the first major milestone for its dedicated Scale2Dubai programme which began accepting applications back in September 2021. The final announcement of successful applicants is expected to be revealed by March and will eventually see over 80 selected start-ups and small businesses joining District 2020’s community from October 2022.
District 2020, the future of Expo 2020 Dubai, has announced the evaluation and shortlist of more than 600 applications from global start-ups and small businesses through its dedicated entrepreneurship programme. This marks the first major milestone for its dedicated Scale2Dubai programme which began accepting applications back in September 2021. The final announcement of successful applicants is expected to be revealed by March and will eventually see over 80 selected start-ups and small businesses joining District 2020’s community from October 2022.

Mr Al Khatib, Expo 2020 Dubai’s chief delivery officer, said the plan was to open up gradually.

“It will be in different phases, between now and October it should all open,” he told The National.

“Yes, the public can come in, so they can still can enjoy Terra, Mobility and other spaces.

“Our reopening will be done in phases because we want to open gradually.

“We need time to do the necessary transitioning to ensure the place is ready to integrate with the bigger city.”

Built to last from Day 1

Country pavilions will be dismantled and returned home as part of sustainability regulations that govern all world fairs.

“The physical site and of course the infrastructure will remain,” Mr Al Khatib said.

“The sustainability, mobility and opportunity pavilions are staying. Definitely the UAE pavilion, Al Wasl, the landscaping, the two parks, the exhibition centre, the water feature, the garden in the sky [observation tower] – all those were built to stay, since Day 1.”

Ahmed Al Khatib, chief development and delivery officer for Expo 2020 Dubai. Antonie Robertson / The National.

These were references to the main pavilions that anchored the Expo – Terra, the disc-shaped sustainability pavilion; Alif, the mobility pavilion shaped like a fidget spinner; and the opportunity pavilion.

Other structures that will stay are Vision, the women’s pavilion, the UAE pavilion and a few other country pavilions.

Expo has previously said Terra would evolve into a children's and science centre that will be an educational attraction focused on green goals.

“What will be removed is just the security gates, signage, country pavilions,” Mr Al Khatib said.

“But the physical site, a lot, everything almost, will remain of what was built for Expo.”

Minutes away

Like Expo, District 2020 will be a bicycle-friendly zone. Pawan Singh / The National

The new neighbourhood will be the region’s first 15-minute city, with amenities in close proximity.

“So there is no reason for you to leave this city because you will have all your needs within 15 minutes from where you are,” Mr Al Khatib said.

“In terms of distance of your residence, work, park, gym, shopping, groceries, you are always within 15 minutes – also for your entertainment.

“It’s human-centric, the main factor was always the human experience for walkability, resting, shaded areas and the landscaping.”

The new district was planned from the outset to cater for residents.

This intention to build lasting structures was part of the bid document submitted in 2013 with the metro linked with a dedicated station.

Expo organisers studied earlier world fairs and visited the cities that hosted the events.

“We did look at the legacies of Shanghai, Milan and previous ones," Mr Al Khatib said.

“However, when it comes to Expo 2020 Dubai the approach is totally different.

“When we built Expo, the whole investment and vision was to build a future city and a legacy. That future city happened to host Expo.”

Must-visit destination

Hamra Abbas's marble re-creation of a garden used five tonnes of lapis lazuli. Photo: Roman Mensing

Art will hold a special space in the community with 11 art installations commissioned for the Expo that will stay.

“These are placed carefully in specific locations across the site so, during legacy, it will become not only a real estate destination, it will also be an art destination,” he said.

The public art programme includes Garden, an arresting marble inlay work with trees, streams and mountains and a recreation of life-size 11th-century implements to determine location that children and adults stop to examine.

Mr Al Khatib described the new space as a “must-visit” destination for all who loved the Expo.

“What will bring families here? Food, exploring, parks, entertainment, museums, everything is going to stay as you could see it during the Expo,” he said.

Mr Al Khatib said the enjoyment of visitors at the world fair was a treasured takeaway from his time spent working with the Expo for the past nine years.

“It has been amazing to see the reaction of the public, countries and participants from different groups coming to the Expo,” he said.

“In the morning you would see school kids interacting and playing. It’s priceless for all the hard work of the past years.”

He looked ahead to the future with mixed feelings.

“I don’t know should I be happy, should I be sad,” Mr Al Khatib said.

“I cannot imagine how I will feel on April 1.

“I’m sure it will be a time to reflect and relax and look forward to the next challenge.”

Ten Expo attractions that will stay as part of District 2020

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Dirham Stretcher tips for having a baby in the UAE

Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:

• Buy second hand stuff

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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