Expo 2020 Dubai expected to contribute AED122.6b to UAE economy from 2013-2031: EY
- Expo to support up to 905,200 job-years in 2013-2031, EY economic impact study shows
- Six months of World Expo to contribute approximately 1.5 percent of UAE annual GDP
PHASES | IMPACT |
TOTAL Nov 2013-Dec 2031 |
CONTRIBUTION TO GDP: AED 122.6 billion (USD 33.4 billion) Top three impacted sectors: • Events organization & business services: AED 68.9 billion TOTAL INVESTMENT IN INFRASTRUCTURE, CAPITAL ASSETS: AED 40.1 billion JOB-YEARS: 905,200* (equivalent to an average 49,700 FTE jobs per annum) |
PRE-EXPO Nov 2013-Oct 2020 |
CONTRIBUTION TO GDP: AED 37.7 billion (USD 10.3 billion)# Top three impacted sectors: JOB-YEARS: 262,400 (equivalent to an average 37,500 FTE jobs per annum) ON-SITE SPENDING IN SME SECTOR: AED 4.7 billion (supporting 12,600 job-years) |
DURING EXPO
Oct 2020-Apr 2021
|
CONTRIBUTION TO GDP: AED 22.7 billion (USD 6.2 billion)*
*equivalent to 1.5 per cent of UAE annual GDP
Top three impacted sectors:
• Restaurants & hotels: AED 8.9 billion
• Events organization & business services: AED 7.7 billion
• Transport, storage & communication: AED 2.6 billion
JOB-YEARS: 94,400 (equivalent to an average 94,400 FTE jobs per annum)
|
LEGACY/POST-EXPO
May 2021-Dec 2031
|
CONTRIBUTION TO GDP: AED 62.2 billion (USD 16.9 billion)
Top three impacted sectors:
• Events organization & business services: AED 54.2 billion
• Retail: AED 2.5 billion
• Restaurants & hotels: AED 2.0 billion
JOB-YEARS: 548,300 (equivalent to an average 53,800 FTE jobs per annum)
|
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