The 2020 Dubai Expo is said to be one of the biggest events in business and innovation in the country and globally. The delayed exposition of different areas of business expansion across multiple fields of endeavor had already started on the 1st of October 2021, and it runs through till March of next year. With the abrupt changes the world has had to endure in the past two years, this Expo comes at the best time to offer businesses worldwide the opportunities to think more strategically and expand their operations.
The relevance of the Dubai Expo is not to be downplayed as there are tremendous benefits that the conglomeration of international bodies will offer entrepreneurs and businesses. Therefore, this article reveals the importance of the 2020 Dubai Expo, especially in a time like this, and looks at the benefits business owners can gain from attending.
The Immense prospects of Foreign Investment
Let us look at some of the reasons why this exposition is going to be one of the biggest contributors to foreign investment. Firstly, this is one of the biggest, if not the biggest, gathering of people since the pandemic. There are expected 20 – 25 million visitors to be attending the global event, which will last for six months. One of these benefits includes the foreign investment boost the Expo will provide business owners. Plus, the opportunity to discuss the core topics of sustainability, change, mobility, and other areas guaranteed to ensure businesses are better prepared will only enhance foreign investment.
Interestingly, up to 150 billion dollars in foreign direct investment is expected to be brought in, with real estate, tourism, hospitality, and financial services being the top priorities for visitors. Another area the Expo will improve foreign investment is in UAE’s ability to showcase its renewable and green reinforcements. Since the focus will most times be shifted towards sustainability in business, power, finances, and other areas of life, the country will gain more investment based on visitors benefitting from the renewable and green solutions that have been provided.
With the pandemic in full swing, UAE could still maintain its investor confidence in 2020 with billions of dollars in investment flowing into the country. With this assurance, the visitors at the expo will be thrilled to invest in the opportunities presented by the expert use of renewable resources by the country.
The question business owners will have on their lips is whether or not there is a chance to do business here?
So how will the Expo benefit you as a business owner?
Asides from the reputation that UAE has garnered from their expert control of renewable resources to ensure the country is still in perfect condition even after economic derailments in the world, there is now an increased number of foreign investors in the country. So, what does this mean for your business?
This means a better opportunity to expand your business to other parts of the world. There will be business owners looking for solutions that your business will be able to provide. There is no better place to network than the Dubai Expo. With an increased interest in conducting business in UAE, you get to have greater economic leverage in your region.
There are over 20 million visitors that are expected to arrive and with this exposure, your business can skyrocket to the next level. It is important for you as a business owner to know that up to 40,000 SMEs will be present from over 150 countries looking for ways to branch out themselves.
This is a business opportunity of a lifetime, where business can evolve in your region forever. The 2020 Dubai Expo is one of the most eagerly awaited events of the year not only for the spectacle but for the promise that it holds. The opportunities to network, provision of more jobs for many, and the expansion of better business ideas for an already established organization. It is guaranteed to be six months of unparalleled opportunities that your business desperately needs to serve more people and scale up in its sector.