Mega event to add value to economy of UAE, specifically Dubai’s
The expo 2020 dubai event has created, and will continue to create, opportunities for Indian firms to showcase the Made in India brand, experts at the Dubai Global Convention 2019 said.
Dr Ahmed Al Banna, Ambassador of the UAE to India, noted that the weight and prestige of the UAE playing host to the mega event was evident during the voting phase in France.
“The UAE consistently received the highest number of votes during all the voting phases. We are certain that once all the participating countries have finalised their plans for the event, the UAE will have the largest number of participating countries in the history of the event.”
“The event will add value to the economy of the UAE, specifically Dubai. There are lots of ongoing work that is being done to have everything ready in time for the event, and we are sure to deliver on an unforgettable experience. We knew that India would participate in the event from day one, and I am sure that the India Pavilion will be one of the major attractions of Expo 2020.”
Navdeep Singh Suri, Ambassador of India to the UAE, said that India went for the biggest plot size that was available and selected the opportunity segment for its participation.
“The government of the UAE was kind enough to allow us to retain the pavilion after the show and this is important because the location of the pavilion is in the heart of the new developments in Dubai,” he said. “We want to send a message to Indian companies back home that they don’t have to wait until Expo 2020 for the business opportunities that are available. We also want to highlight that this is a nation-building event, it is not just a trade show.”
Sujoy Bose, managing director and CEO of National Investment and Infrastructure Fund India, noted that India is a country that offers some of the biggest opportunities in investments in infrastructure.
“It is a very opportune moment to invest in the country’s infrastructure sector,” he said. “India is one of the world’s fastest-growing economies with stable macro-economic indicators. Over the past few years, India has gone through some major reforms that have transformed the country into a hotbed for investors. India needs over 25 million affordable homes over the next few years. This is among many other factors that will drive the infrastructure sector in the country.”