Dubai: Dubai’s media free zones are set to handle an increase in demand for operating licenses and services if the emirates Expo 2020 bid is successful, an executive from Media Cluster said.
The host of Expo 2020 will be unveiled this month and whilst Dubai is competing against four other cities the emirate has being preparing itself on what the event will mean for Dubai.
Over recent weeks several business leaders from across the United Arab Emirates have expressed their desire for Dubai to host the international event and discussed how the economy would grow in the lead up to 2020.
Mohammad Abdullah, Managing Director of Media Cluster, said Dubai’s media zones were able to “cater for different companies” and “different segments.”
Media Cluster is responsible for Dubai Media City, Dubai Studio City, and International Media Production Zone.
The Media Cluster, most notably Dubai Media City, is currently home to some of the largest global news agencies and other media production companies. But in light of a successful Expo 2020 bid it’s likely that the demand for companies to be present Dubai will burgeon.
“Talking about Media Clusters its (Expo 2020) an opportunity for us having all these new comers from different parts of the world [and] they will definitely need services and we will benefit from that in terms of business opportunities,” Abdullah said.
Historically, Dubai has not been shy to companies setting up shop. The emirate has become an ideal location for many companies – media and otherwise – to establish a regional base and into Europe and Asia.
Abdullah said Dubai Expo 2020 would act as an “opportunity” and “invitation” for international media who were looking at establishing operations in Dubai. He also said there would be ample opportunity for the companies already operating in the media zones.
“The benefit is mutual for the city itself for Dubai and Dubai Media Cluster,” he said.
