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Dubai to award 47 construction contracts worth 3 bln USD for Expo 2020

Xinhua, January 30, 2017 Adjust font size:

Expo 2020 Dubai, the first world expo to be held in the Arab world, will award 47 construction contracts worth 11 billion dirhams (3.0 billion U.S. dollars) this year, state news agency WAM reported on Monday.

The construction contracts, which are open to local, regional and international businesses, include the third and final infrastructure package for the Expo's support areas, said WAM.

Another 98 non-construction contracts, totalling more than 360 million dirhams (98 million dollars), will also be distributed "before the end of the year."

The non-construction contracts include legal advisory services, event management and merchandising.

Expo 2020 will be held under the slogan "Connecting Minds, Creating the Future."

The Dubai government said it is "on track to complete the majority of construction a full year ahead of the event opening in October 2020."

In 2016, Expo 2020 Dubai awarded over 1,200 contracts, investing more than 2 billion dirhams (544.5 million dollars) in the economy. Endit