On June 20, officials of the Expo 2020 event said that the site is going to live forever as Expo City Dubai with housing, businesses, and leisure facilities.
Dubai port operator DP World and German conglomerate Siemens are going to invest in the development of this new smart City.
The emirate’s ruler Sheikh Mohammed Rashid Al Maktoum said in a statement that they announce the transformation of Expo 2020 into Expo City Dubai, a city that will represent the most beautiful ambition of Dubai.
The City will be an environmentally friendly city, friendly to families, economies, and future generations. The City will contain 80 percent of the originally built infrastructure and buildings will remain the same, including the falcon-inspired UAE pavilion and Al Wasl Plaza, the Expo Centrepiece will be lit up by colorful projections.
The announcement further added that DP World and Siemens will be home to many startups and small and medium-sized enterprises without giving more details. No estimations were provided on how much housing and office space is available.
Officials said that the new City which is set to open in phases from October 1 was previously advertised as District 2020. The City is an environmentally friendly, tech-enabled city that is operated through sustainability, innovation, education, and entertainment. Cars will not be allowed in the city. Single-use plastic is banned.
Despite the COVID 19 pandemic which delayed the event by a year, the Expo 2020’s 192 pavilions were successful to attract over 24 million Tourism visitors.
After the historical success of the event, the Expo joined the list of attention-grabbing projects in Dubai, which is UAE’s commercial and also home to the world’s largest building Burj Khalifa.