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international trade fair

Dubai to award $3 bln building contracts for World Expo 2020

DUBAI: On Monday Dubai said it will award this year 47 construction contracts worth $3 billion in preparation for the World Expo 2020 international trade fair. The contracts, which are open to local and foreign bidders, comprise the final infrastructure package for the support areas for the global event, the organising committee said in a statement. Another 98 non-construction contracts, worth $98 million (92 million euros) are also expected to be awarded in 2017, the statement said. "The announcement shows that the…