Details of the Dubai Expo 2020 site are revealed
Vast plans for Jebel Ali World Central
Further to the city's thrilling Expo 2020 bid win last year, Dubai is to build the largest ever site to host the event at Jebel Ali Dubai World Central (DWC) – at a cost of between $2-4bn.
And Cynthia Corby, audit partner for construction industry leader Deloitte Middle East, has revealed, “With Dubai winning Expo 2020 we will see renewed confidence in the already improving construction industry. In a market that relies upon confidence and optimism, this is a much-needed stimulus to create momentum for a renewed development and economic cycle.”
Dubai’s Roads and Transport Authority (RTA) has revealed that they will fast-track a $1.36bn expansion of Dubai Metro’s Red Line to connect to DWC, too.
And finally, Emaar Properties have announced that it has signed a 'memorandum of understanding' contract with DWC to develop a huge golf-centred residential estate adjacent to the area surrounding the Expo 2020 site...
In the company's report, it states: "Expo 2020: A game changer for Dubai", to which Corby added, “These are the first of many announcements regarding large-scale projects being planned in the wake of the Expo win."