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Reading: Dubai: Sheikh Mohammed approves Dh10 billion expansion plan for Expo City exhibition center – News
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Gulf Press > Business > Dubai: Sheikh Mohammed approves Dh10 billion expansion plan for Expo City exhibition center – News
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Dubai: Sheikh Mohammed approves Dh10 billion expansion plan for Expo City exhibition center – News

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Last updated: 2024/09/23 at 10:56 AM
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Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, and Ruler of Dubai, has approved the master plan for the expansion of the Dubai Exhibition Centre in Expo City. The plan includes increasing the exhibition space from 58,000 sqm to 180,000 sqm, making it the largest indoor exhibition and events destination in the region. The number of annual events is also set to double from 300 to 600. This expansion is expected to have an annual economic impact of Dh18 billion to Dh54 billion by 2033.

The move to expand the Dubai Exhibition Centre aligns with the Dubai Urban Plan 2040 and the Dubai Economic Agenda (D33). This expansion is in line with the vision of transforming Dubai into a global economic hub and a leading destination for exhibitions and events. With the increased exhibition space and the rise in the number of annual events, Dubai is set to attract more visitors and boost its economy.

The expansion of the Dubai Exhibition Centre comes at a time when Dubai is focused on diversifying its economy and attracting investments in various sectors. The growth of the exhibition and events industry is a key driver of economic development, bringing in not only revenue but also opportunities for businesses and entrepreneurs. With the expansion of the exhibition space, Dubai aims to solidify its position as a global hub for trade and commerce.

The increased capacity of the Dubai Exhibition Centre is expected to attract a wider range of international events, conferences, and exhibitions, further enhancing Dubai’s reputation as a premier destination for business tourism. The expansion will also create more job opportunities and stimulate growth in related industries, such as hospitality and tourism. With the growing demand for exhibition and event spaces, Dubai is poised to capitalize on this opportunity for economic growth.

The expansion of the Dubai Exhibition Centre reflects the commitment of the UAE government to investing in infrastructure and creating a conducive environment for businesses to thrive. With a strategic focus on economic development and diversification, Dubai continues to position itself as a global player in the exhibition and events industry. The increased exhibition space and capacity of the Dubai Exhibition Centre will help attract more visitors, drive revenue, and contribute to the overall growth of the economy.

In conclusion, the approval of the master plan for the expansion of the Dubai Exhibition Centre marks a significant step towards enhancing Dubai’s position as a leading destination for exhibitions and events. The increased exhibition space and capacity will not only boost the economy but also create opportunities for businesses and entrepreneurs in various sectors. With the expansion of the Dubai Exhibition Centre, Dubai is set to cement its status as a global hub for trade, commerce, and tourism, driving growth and prosperity for the emirate.

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News Room September 23, 2024
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