UAE construction sector braces for Expo announcement

Dubai: Construction and building professionals in the UAE are bracing themselves for the highly anticipated Expo 2020 announcement in two days’ time on November 27.

In recent weeks, key stakeholders from across the UAE have told Gulf News a successful bid to host the Expo by Dubai would benefit the country as existing and new projects would be fast tracked.

Andy White, Group Event Director at The Big 5, a regional construction exhibition, said it would have a huge impact pointing at road, rail, hotel and amusement park projects stemming from a successful bid.

Abdullah Massaad, Chief Executive Officer of RAK Ceramics, said Expo 2020 “will create a lot of momentum to the real estate market that will have a direct impact on us.”