The COVID-19 pandemic has brought many challenges to businesses all over the world. It is the same in Dubai. However, Expo 2020 Dubai is playing a big part in bringing many businesses back to their feet. The main objective of this big event is to develop business opportunities and provide a boost to businesses.
It does not matter whether you are just starting out in the business world, or already have a full-fledged profitable company. Expo 2020 Dubai will have opportunities for everyone.
You can expect to form a lot of cross-country partnerships in Expo 2020 Dubai because businesses from more than one hundred and ninety countries will be participating.
The Expo will provide opportunities to both local and foreign countries alike. It is up to the businesses to grab these opportunities that will be coming their way.
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What is Expo 2020 Dubai?
Expo 2020 Dubai is backed by World Expos Awarding body, also known as the Bureau International des Expositions. Expo 2020 Dubai is the first global exposition that is being organized in the Middle East.
The COVID-19 pandemic is throwing off plans but for now, the tentative date for Expo 2020 Dubai is from 1st October 2021 to 31st March 2022.
The three primary themes of the Expo 2020 Dubai are sustainability, mobility, and opportunity. The authority of the Expo 2020 Dubai has set the primary objective, which is to bring international leaders to Dubai with the goal of “Making of a New World”.
The business opportunities of Expo 2020 Dubai will include connecting, networking, and collaborating with countless investors, clients, and potential partners from all around the world.
Besides the business opportunities, the Expo 2020 Dubai will also include more than 60 immersive festival experiences. These stalls will include stage shows, musical concerts, parades, street festivities, etc.
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Expo 2020 Dubai will also include over 200 restaurants on site. These restaurants will feature chefs from every corner of the world, so you can treat your taste buds with delicacies from all over the world.
Expo 2020 Dubai Target Industries
Rapid globalization in recent years has put a lot of pressure on the natural resources of every country in existence. As a result, a lot of global problems like resource exhaustion, income inequality, global warming, etc. So, Expo 2020 Dubai will be focusing on sustainable and innovative solutions to these global problems.
Here are the target industries of Expo 2020 Dubai:
Sustainable Cities:
Rapidly developing cities bring new sorts of challenges. To make this rapid development more sustainable, authorities need careful planning and superior infrastructure.
As a result, the construction sector will get focus from the investors in Expo 2020 Dubai. Other than sustainability, they will also focus on creating infrastructure in risky zones, where the houses need to be quake and fireproof.
Wellness:
The wellness industry refers to businesses in catering, nutrition, healthcare, care services, etc. Expo 2020 Dubai will also focus on lifestyle and related products or services.
The urban lifestyle in Dubai is developing at an astounding rate. Investors will take an interest in the business in the wellness sectors in Expo 2020 Dubai.
Energy:
Green technologies in the energy sector will get an extra focus in Expo 2020 Dubai. Any source of energy that will provide a sustainable replacement to current non-renewable resources will attract investment from investors from all around the world.
The authorities in Dubai are especially interested in finding a replacement that will rival their oil and gas industry.
Social Initiatives:
Advancements in solutions to global humanitarian crises all around the world will get the attention in Expo 2020 Dubai.
If you are conducting a project that is working on the United Nations Sustainable Development Goals, then the authorities will have their attention on you. Dubai had previously launched the Estidama program. Estidama is the Arabic word for ‘Sustainability’.
Agriculture:
As the population of Dubai and basically the best of the world is constantly growing, there is a growing demand for food. The authority in the UAE is looking to boost food production to meet the rising demands.
That is why businesses and industries in the agriculture sectors will get investment in Expo 2020 Dubai.
Water Generation: Several countries in the Middle East face severe drinkable and freshwater. Prices of water in some countries can be compared with the price of oil. Businesses that convert water sources into drinking water will get extra attention in Expo 2020 Dubai.
Benefits to Expect from Expo 2020 Dubai
Expo 2020 Dubai will be a six-month-long event that is expected to bring around 25 million visitors from all over the world. There will not be any ordinary visitors in form of tourists.
These will be esteemed businessmen and green entrepreneurs alike. Corporations from every corner of the world will be attending this grand event.
Here are the benefits you can expect from Expo 2020 Dubai:
Job Creation:
It is estimated that Expo 2020 Dubai will create around 50,000 to 100,000 jobs in Dubai. With on-site jobs and the advent of new businesses, local and foreign workers will have plenty of work opportunities thanks to the Expo.
That means you do not need to be a businessman or entrepreneur to benefit from Expo 2020 Dubai. You can find opportunities as an employee or a worker as well.
Networking Opportunities:
As we mentioned earlier, it is expected that Expo 2020 Dubai will bring around 25 million people visitors. This will include businessmen, investors, clients, and entrepreneurs from all around the world.
So, you can expect to find a lot of networking opportunities during the grand event. The Expo will feature an exclusive ‘Business Matchmaking App’.
Motivation in the Business World:
The Expo 2020 Dubai will feature industry leaders and seasoned businessmen from every corner of the world. You can connect with these leading professionals and find the necessary inspiration or idea for your own business.
If you already have an idea in mind, then you will find the necessary motivation to work on your idea and turn it into a profitable business.
Global Investments:
As investors from all over the world will come to Expo 2020 Dubai to look for the next big thing. You can expect yourself to get the attention and interest of a lot of investors.
If you are an investor yourself, then you can expect to find a lot of lucrative investment opportunities in Expo 2020 Dubai.
Top 10 Businesses that can Benefit from Expo 2020 Dubai
Expo 2020 Dubai will bring more opportunities from some businesses more than others. Here are the top 10 businesses that will benefit from Expo 2020 Dubai the most:
Hospitality:
A lot of businessmen, investors, entrepreneurs, and tourists will be visiting Dubai from all over the world. The demand for hospitality will be through the roof.
Food and Beverage:
The people who will be visiting Dubai will require food and beverages. Providing services to the audience of Expo 2020 Dubai will bring a lot of profit to food and beverage-related businesses.
Tourism:
Tourism itself is one of the most selling sectors of the UAE. The visitors of Expo 2020 Dubai will surely require the services of the tourism industry for their needs.
Entertainment:
Theme parks, fairs, concert venues, and other entertainment relative businesses will benefit a lot from the influx of visitors Expo 2020 Dubai will bring.
Catering:
The organizers and attendees alike will require a lot of catering services to make Expo 2020 Dubai a success. Businesses attending the Expo will require their own source of food and drinkable water. So, catering businesses will get a lot of clients thanks to Expo 2020 Dubai.
Cleaning:
The cleaning industry will also have a massive demand during the six months duration of Expo 2020 Dubai. Not only the Expo venue, but hotels, commercial complexes, exhibition centers, etc. will also require cleaning services.
Real Estate:
As Expo 2020 Dubai will increase the number of businesses operating in Dubai, it will be indirectly benefiting the real estate industry. All these new businesses will require office spaces to get their business trade license.
Construction:
The demand for commercial and residential complexes will rise due to the increase in the number of occupants and businesses in Dubai. So the construction industry will have a lot of work on its hands.
Consultancy:
The new businesses will need the help of business consultants for setting themselves up in the UAE. As a result, the services of all types of consultancy firms will be in high demand both during and after the Expo 2020 Dubai.
Internet Providers:
Last but not the least, the world runs on the internet right now. Internet providers will be expected to supply the rising demand for bandwidth during the grand event.
How can company setup consultants help you?
If you are looking for expert Business Consultants for advice regarding your business’s potential involvement in Expo 2020 Dubai, then you are at the right place. Other than that, our services will make the daily operation of your business a breeze. We provide accounting services, legal consultation, office spaces, document clearing services, PRO services, etc. So, what are you waiting for? Contact us today.
To Speak with our Experienced Business Consultants for further information and assistance, call us at +971582595164. Send a WhatsApp Message for Chat Query on +971 582595164 or email us at info@companysetup.ae.
