The ruler of Dubai, Sheikh Mohammed Bin Rashid al-Maktoum, has promised to astonish the world with the event. "We renew our promise to astonish the world in 2020," said Sheikh al-Maktoum after the win. "Dubai Expo 2020 will breathe new life into the ancient role of the Middle East as a melting pot for cultures and creativity."
Dubai authorities predict that the Expo 2020 will bring in around $23 billion. They say financing for the six-month event will cost a total of $8.4 billion, with the government spending around $6.5 billion on infrastructure projects. A huge exhibition centre will be built to host the event, plus new hotels and an extension to Dubai's metro line.
Since the first Great Fair of 1851, World Expos have continued to be one of the largest and most enduring global mega-events. Lasting six months, World Expos attract millions of visitors who explore and discover pavilions, exhibits and cultural events staged by hundreds of participants including nations, international organisations and businesses.
Dubai’s World Expo is held under the theme of Connecting Minds, Creating the Future, echoing the powerful spirit of partnership and co-operation that has driven the UAE’s success in pioneering new paths of development and innovation. Through this theme, Expo 2020 Dubai will serve as a catalyst, connecting minds from around the world and inspiring participants to mobilise around shared challenges, during a World Expo of unprecedented global scope, under the sub-themes of: Mobility, Sustainability & Opportunity.
Expo 2020 Dubai is expected to attract 25 million visits, 70 per cent of which will be from overseas. This will be the first Expo in which the majority of visitors stem from beyond a nation’s borders. Running from 20 October 2020 through 10 April 2021, the Expo will launch the country’s Golden Jubilee celebration and serve as a springboard from which to inaugurate a progressive and sustainable vision for the coming decades.
Before then however the world will turn its attention to the 2015 Expo, which takes place in Milan.