Sunday 13 October 2013

Expo 2020 to grow Dubai’s economy by 1% | GulfNews.com

Expo 2020 to grow Dubai’s economy by 1% | GulfNews.com:

"Expo 2020 in Dubai would boost the local economy by as much as 1 per cent — representing billions for the emirate, according to Andrew Scott, a professor of economics at the London Business School.
The government estimates 25 million tourists would visit Dubai for Expo 2020 if the emirate is successful in its bid. Business leaders from small and medium-sized enterprises (SMEs) to largescale companies have also previously told Gulf News that the economic benefit would help grow their operations.
Scott said hosting the event would boost gross domestic profit (GDP) by half a per cent in the lead up to and following the event. Another half per cent would be added during the Expo."

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