Baldoz cites report on job prospects ahead of Dubai’s 2020 World Expo

Date Posted: February 6th, 2014 09:07 AM


Baldoz cites report on job prospects ahead of Dubai’s 2020 World Expo Labor and Employment Secretary Rosalinda Dimapilis-Baldoz yesterday cited a report of the Office of the Middle East and African Affairs (OMEAA) of the Department of Foreign Affairs on the prospects of jobs expected to be created in the United Arab Emirates as a result of the successful bid of Dubai, one of the UAE’s seven Emirates to host the 2020 World Expo. The OMEAA, which furnished Secretary Baldoz of its report, said over 200,000 jobs are expected to be created in the UAE’s hospitality sector ahead of the 2020 World Expo. “The report said jobs will be created in the construction, real estate, hospitality, aviation, retail, and services sector in the UAE,” said Baldoz. “Both low-level and professional jobs will also be in demand,” she added. The report said that in tourism alone, tourist arrivals in the UAE “are likely to grow at a compound annual growth rate of 5.3 percent between 2012 and 2011; hotel supply is expected to increase at 5.3 percent from 96,922 hotels in Dubai and Abu Dhabi to 125,383 hotels in 2016.” The report said however, that with the large increase in the expatriate population who will also be recruited in the professional category, a sharp increase in rents and real estate prices is expected, followed by significant increases in housing supply later as market adjusts to rising demand. Relative to this, Baldoz, warned OFWs wanting to work in UAE to be circumspect and careful in making any decision to make the UAE a work destination. She said prospective OFWs must first make sure their employment is legal and undergoes the POEA process. “Don’t be victimized by illegal recruiters; don’t be scammed; and don’t deal with unscrupulous persons mouthing rosy promises,” she said. END

Created Aug 18th 2014, 15:48


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