The Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid has selected Sheikh Ahmed bin Saeed as the chairman of Expo City Dubai Authority (ECDA), which will look over the development of the new economic and residential centre of the UAE.
Sheikh Mohammed also selected the Minister of State for International Co-operation, who was also director general of Expo 2020 Dubai, Reem Al Hashimy as chief executive of the authority on Friday, July 15.
This year, Sheikh Mohammed issued Law No. 14 of 2022, launching the ECDA responsible for the project’s management. The law explained the objectives, functions, organisational structure and the remit of the chairman and chief executive of the authority.
ECDA, under Sheikh Ahmed, chairman and chief executive of Emirates Group, Dubai Airports and Dubai Integrated Economic Zones Authority, will strive to consolidate relationships forged while Expo 2020 Dubai with nations, institutions, organisations and investment funds.
The authority’s objectives are as per Dubai’s strategic idea for luring investment, businesses and institutions from around the world.
The UAE will hold the Cop28 climate conference at the Expo City Dubai, said President Sheikh Mohamed in June.
During the 28th session of the Conference of the Parties, as it is officially called, global leaders will be asked to commit to stricter action on climate change, including reducing the reliability of fossil fuels and cutting the use of coal-fired power stations and boosting renewable energy sources.
The Expo 2020 site is being changed and will soon welcome several new businesses and residents, said Sheikh Mohammed during a series of tweets in June when he laid out his plan for the legacy site.
Expo City Dubai will also become a hub of economic activity and will be home to major companies and their headquarters.
Major buildings and some of the most famous attractions from Expo 2020 Dubai, held from October last year until late March will stay in place.