How is Dubai Expo 2020 affecting business?

      Published on Wednesday, 24 July , 2019      346 Views     
How is Dubai Expo 2020 affecting business?

  • Business

An independent report published earlier this year and commissioned by the Dubai government said that Expo 2020 will contribute more than Dh122.6 billion to the country’s economy by 2031.



The report, by the consultancy EY, also stated that at its peak, Expo 2020 will generate business equivalent to 1.5 per cent of the UAE’s GDP.

Expo 2020 is expected to add almost 100,000 new jobs to the economy. But what impact is the Expo having on UAE-based businesses now that it is just over a year away?

Wolfgang Douglas, Operations Director and CEO of Timberwolf LLC, says that his business is already experiencing significant growth ahead of Expo.

Douglas’ business is a fourth-generation bespoke timber provider. It offers products and services ranging from specialist timber, steel design and build applications to bespoke theme feature infrastructure and the provision of supporting elements to construction.

“We are seeing record numbers of the back of Expo 2020. We have provisionally agreed tender projects worth up to Dh750 million. We are seeing huge volumes that are many times over previous years’ trading and we are seeing more than 1,000 per cent growth,” he says.

The English expat says that Timberwolf has established a unique position in the market, giving it an advantage over its overseas and local competitors. As a result, the business has been involved in a number of highest profile jobs here in the UAE, ranging from The Palm Jumeirah Crescent, Abu Dhabi Corniche and the Burj Khalifa to Atlantis The Palm Hotel and Bloomingdales.

Other specialised, large-scale projects Timberwolf has contributed to include La Mer, Dubai Opera House and City Walk.

When we approach clients, we are able to offer custom, one of a kind, locally manufactured products, constructed using the latest innovations. This includes eco green and fast build technology, which only we offer in the region. Our products include the latest CLT (cross laminated timber) structural technology, which we’re predominantly using throughout the upcoming Expo 2020,” he says.

“We also work with international partners that sign off on QA/QC [quality control and quality assurance] programmes. If we are working with Expo, we joint venture with renowned international specialists, such as Bodino Italy, and use them to guarantee that Timberwolf continues to deliver the highest standards in the market.”



Douglas refers to how Timberwolf develops fast build technology and incorporates new design and build concepts such as light gauge steel and cross laminated and glulam timber. It means that the products are strong and stable with high fire safety standards.

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Category Business | 2019/07/24 latest update at 3:29 PM
Source : Gulf News | Photocredit : Google
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