Bids for infrastructural improvements for World Expo 2020 will be handed out in first quarter next year.
The UAE government has confirmed it is in the final stages of preparing the tenders.
In 2013, it was announced that Dubai won the Expo 2020. It would reserve money to pay for the development of the metro, new roads and new hotels.
The UAE Minister of State and managing director for the Dubai World Expo 2020 Bid Committe, Reem Al Hashemi, stated that investment in infrastructure to buoy up Expo 2020 will be approximately between $6.2 billion and $8.7 billion.
Reem averred that the committee would be talking a varied method to support the infrastructure demands of Expo 2020.
Talking at the Africa Global Business Forum in Dubai, Reem explained that the tender as reasonably priced.
It’s a cycle of various funding instruments and collections. There is seemingly concern from the private division by now. There is going to be a government commitment that will give.