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Dubai sees if Expo 2020 with a delayed pandemic will be rewarded | World

Dubai will be the first in the Arab world to win the right to host an exposition a few years after FIFA awarded Qatar the 2022 World Cup. After the real estate market plunged during the Great Recession, it funded an exposition that provided the necessary boost to its economy.

Auditor EY estimates that Dubai will spend $ 7 billion on its own expo construction project in 2019. EY estimated a $ 6 billion boost during the event, based on a forecast of 25 million visitors. EY told AP that the 2019 figures for the Expo have not been updated.

But that was before Dubai’s long-distance airline Emirates landed a fleet of jumbo jets after a blockade and quarantine struck the world due to a coronavirus pandemic. Travel around the world is still sick while airlines resume more flights and employ thousands of flight attendants.

The United Arab Emirates, which has been approaching China in recent years, has probably relied on Chinese visitors to the Expo. The 2010 World’s Fair in Shanghai attracted more than 73 million visitors, a record high. However, people returning to China are facing weeks of quarantine and inspection that may include anal swabs, so the bet on China seems to be off at this point.

Over the last few weeks, Expo officials have begun to mention the expected “25 million visits” to the site, including those watching the event online.

“This has changed from” how to hold the world’s largest and best exposition ever seen in the Middle East “to” how to hold an exposition for a very different world. ” “Senior resident Robert C. Mogiernikki said. A scholar at the Arab Gulf Countries Institute in Washington. “Getting 25 million visitors in the current situation seems to be a fairly difficult goal to achieve.”

Dubai sees if Expo 2020 with a delayed pandemic will be rewarded | World

Source link Dubai sees if Expo 2020 with a delayed pandemic will be rewarded | World

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