Dubai Expo 2020 A Huge Opportunity For Investors and Business Owners
If you have been considering starting a business in Dubai, now is the best time to make that move. The EXPO 2020 is around the corner and it is bringing the opportunity of a lifetime to small business owners and foreign entrepreneurs.
During the event, Dubai will welcome over 25 million people from more than 190 countries, showcasing their culture, technology, creativity, food, and music.
Business Opportunities to Be Explored
The EXPO is expected to generate up to $150 billion in foreign investment for Dubai and the entire UAE economy. During the six-months-long event, Dubai is expected to welcome more than 25 million visitors. This will be the highest number of people to attend any EXPO event since the beginning of the international event in 1851.
A lot of foreign entrepreneurs are already starting their businesses in Dubai or expanding to the city. Setting up your business in Dubai will allow you to take advantage of the thriving economy and build better business connections through face to face interactions with professionals from different parts of the globe.
More Advanced Infrastructure and Government Incentives
Over the years, Dubai has grown to become the economic hub of the region, creating a superior experience in tourism, hospitality, and retail sector. The government of Dubai has always shown commitment to developing every sector of the economy while providing cutting-edge business solutions and incentives to encourage SMEs. The EXPO 2020 will be an opportunity to reinforce that commitment.
In the past few years, we have witnessed a great improvement in infrastructural spending and as the EXPO draws closer, we are expecting to see even more effort from the government. This will definitely have a positive impact on the other sectors of the economy.
Abundance Of Skilled Talent For Businesses
The EXPO 2020 is expected to generate over 270,000 new jobs in the UAE, from construction industry specialists to engineers, technologists, sales experts, and communications experts.
While some of these skilled workers will leave the country after the event, a large number of them is expected to add to the talent pool in Dubai, even after the EXPO.
This will present local businesses the opportunity to hire the best international talent to help them realize their full potentials.
If you are a rising entrepreneur looking to start a business in Dubai, our team of professional business consultants can help make your dream a reality. Contact us today.