Explore the Innovation in EXPO 2020, Dubai

Introduction

Expo 2020 Dubai is a World Expo. A World Expo is a mega international event in terms of scale, duration, and the number of visitors. It’s an event and a gathering place for individuals from all over the world to meet and connect. People from different niches get a chance to share ideas, learn and innovate. It’s also a spot where you may have a good time.

Expo 2020 Dubai will showcase human achievement and genius. It will allow people to experience the best of art, culture, geography, science, technology, innovation, and invention. Furthermore, businesses have the opportunity to generate millions of fresh ideas and thoughts that will have a long-term influence.

Purpose

Expo 2020 Dubai will be a celebration of the UAE Vision 2021 by supporting tourism growth, stimulating the development of innovative businesses in the UAE, and enhancing the country’s international reputation as a location to do business. 

 

Expo 2020 Dubai will also commemorate the UAE’s 50th anniversary in 2021, which will be a significant milestone for the country. It will emphasize the importance of youth in unlocking the potential of one of the world’s newest and fastest-growing populations. 

 

With Expo 2020 Dubai, Dubai will further inspire the next generation to spark innovations that will underline the next 50 years of human progress. The Expo will not only benefit Dubai but will also be helpful in the overall development of the world.

Tagline & Theme

EXPO 2020 has a theme tagline as “Connecting Minds, Creating the Future.” The Expo will also have three subthemes: opportunity, mobility, and sustainability, each with its pavilion. Also, focusing on the major objectives of the expo. 

The two children, Rashid and Latifa, are the official mascots of the Expo 2020 and are joined by three guardian robots called Alif, Opti, and Terra, who are also mascots. They represent Dubai’s and the Expo’s focus on technology and innovation.

Origin & History

The first World Expo was London’s Great Exhibition of 1851. Since then, World Expos have been held in many countries worldwide, organized around a theme that attempts to improve our knowledge in arts, culture, science, and technology. They take place once every five years and last six months. 

 

The Bureau International des Expositions (BIE), founded in 1928, is an intergovernmental body that supervises and monitors World Expos on behalf of its 170 member governments, safeguarding the essential ideals of education, innovation, and cooperation. 

 

In 2015, the most recent Expo was held in Milan. The subject of that Expo was ‘Feeding the Planet Energy for Life.’ It was mostly concerned with food and nutrition. World Expos have included the emergence of the Eiffel Tower in Paris, the Seattle Space Needle, the typewriter, television, and even Heinz Tomato Ketchup.

Benefits of EXPO 2020 to Dubai's Business

Expo 2020 has three basic motives i.e. Opportunity, Mobility, and Sustainability

The UAE Vision 2021 will be celebrated during Expo 2020 Dubai. It will not only enhance tourism, but it will also hasten the creation of innovative firms in the UAE, enhancing the country’s international reputation as a commercial site.

The private sector investments in Dubai Expo 2020 are projected to bolster the country’s economy over the coming years. The grand event will affect the overall impression of the UAE, enhancing commercialization and strengthening foreign investment frameworks.

The legacy of Dubai Expo 2020 will remain after Expo closes in March 2022. The authorities will transform the site into District 2020 as well as a global centre for youth. The legacy plans are “wide-ranging and ambitious,” according to the official Expo 2020 website.

Major Sectors to Get Benefits of Expo 2020

Real Estate

According to the experts, in the coming years, they expect a sharp rise in the residential and commercial real estate value in Dubai after the expo 2020. During the preparation period for the exhibition, the Emirate’s economy will receive a powerful impetus to stabilization and growth.

Foreign Investment

The exhibition may have a significant impact on many economic sectors of the Emirates. We expect the domestic labour market to have central changes and rapid growth. The interest of foreign entrepreneurs has markedly increased to the exhibition venue, which will consequently increase the inflow of investment capital.

International Relations

EXPO 2020 in Dubai will become a new stage in the development of international relations. Many countries’ markets will be opened to newcomers. First, effective trading channels to the markets of Asia and Africa will be established, which will enable to increase the volume of re-export and export.

Global Peace

The United Arab Emirates have always been a supporter of peace and stability in the Middle East region. It aimed state policy at maintaining tolerance and human rights protection. The World Exhibition will be a perfect ground to promote mutual understanding between nations and strengthen peaceful relations.

Increased Employment

Through this event, thousands of jobs will be created, which will lead to a higher rate of employment and hence, enhanced GDP of UAE and nations around UAE. This mega event will open more than 300000 employment opportunities in the construction, tourism and hospitality sectors.

Benefits of EXPO 2020 to the World

Taking part in an Expo allows countries access to network with international business. It also contributes to economic growth, as well as to share knowledge and expertise alike. Expo 2020 will provide a unique and international stage to engage in cultural diplomacy and interact with the host country, i.e. Dubai, participants, tourists, and investors.

Expo 2020 Dubai will work to safeguard and maintain the environment for future generations by encouraging sustainability by sharing sustainable ideas and practices that are accessible and adaptable globally.

Expo 2020 gives a global platform for junior artists, musicians, and small businesses to present their skills, arts, and products and services in front of tourists and customers from all over the world. In addition, it will give great exposure to capable nations and educate all the nations about each other. 

Several NGOs, social firms and government entities will sit together to identify and assess the major social problems faced by the world. Therefore, this event will not be offering opportunities for high earning only, but to raise any social issue on a global platform and identify the solutions for the same.