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Expo 2020 Dubai a key economic driver after COVID-19

Staff writer by Staff writer
August 11, 2021
in Events, News

The Expo 2020 Dubai would be a major economic driver after the worst global COVID-19 pandemic. This was stated by Margarete Schrambock, Austrian Minister of Economy, on Tuesday, adding that the Austrian Chamber of Commerce considers it a huge opportunity that would add more flavour to the Austrian economy.

On the occasion of the imminent inauguration of the expo, Schrambock stressed that exports account for some 50 per cent of Austria’s total economic output, mainly through trade with non-European markets, noting the expo will help advance Austria’s local economy.

Harald Mahrer, President of the Austrian Chamber of Commerce, said Austria’s participation in the expo will be an opportunity to promote it as a provider of innovative services in various fields, as well as to benefit from new opportunities, stating, “Dubai is an ideal location for Austrian companies wishing to engage in new markets in the Gulf region and Africa.”

The Austrian Chamber of Commerce’s statement confirmed the fact that Austria’s pavilion at the expo, under the theme, “Innovation Towers,” will showcase 53 selected innovations in many areas while highlighting the contributions of Austrian scientists, companies and research institutes to shaping a positive and innovative future in smart cities, the circular economy, renewable energy, digital technology, health and life sciences.

Expo-2020-2-750

From 1st October 2021 to 31st March 2022, Expo 2020 Dubai, the first World Expo in the Middle East, Africa and South Asia region and the first global mega-event since the start of the pandemic, will welcome 191 countries and millions of visitors, inviting everyone to join the making of a new world through a six-month celebration of innovation, culture, creativity and human progress.

Expo 2020 and a host of its participating countries will be showcasing a range of developments that will change the way we live in the future. Expo’s specially curated ‘Cities of the Future’ journey will take visitors on a tour to some of these pavilions to illustrate how thinkers, innovators and planners are using advanced materials, smart technology and big data to make citizens safer, healthier, happier and more productive.

By 2050, the world’s population is expected to reach 9.8 billion, with 6.7 billion projected to live in urban areas. As such, the cities of tomorrow will not be accidental. Every block, building and brick represents countless choices with visions articulated on different scales, from surrounding ecosystems, to architecture, infrastructure and interior spaces. From buildings that incorporate natural elements to spaces that can quickly transform to meet changing housing or business needs, these five pavilions demonstrate how we can thrive in the face of challenges and change.

The Belgium Pavilion hones in on smart mobility and examines how AI can be used to help solve the pressing issues of our time. Reflecting the country’s trademark “Belgitude” – an expression of the Belgian soul and identity – the pavilion demonstrates how it is charting a course for its future with its industrial, technological and scientific prowess.

Located in the Sustainability District, the innovative, interactive and collaborative Sweden Pavilion, known as ‘The Forest’, brings to life a growing and perfectly balanced eco-system. Under the theme ‘Co-Creation for innovation’, the pavilion reveals an array of best-practice examples around smart cities, next-generation transport and the bio-circular economy.

Reflecting ‘new India’, the India Pavilion highlights how the country is turning more than 100 cities “smart”, more sustainable and more citizen-friendly through its Smart Cities Mission while defining the country’s potential to become a global power through its ‘Five Ts’ – Talent, Trade, Tradition, Tourism and Technology.

Meanwhile, Expo 2020 and a host of its participating countries will be showcasing a range of developments that will change the way we live in the future. Expo’s specially curated ‘Cities of the Future’ journey will take visitors on a tour to some of these pavilions to illustrate how thinkers, innovators and planners are using advanced materials, smart technology and big data to make citizens safer, healthier, happier and more productive.

By 2050, the world’s population is expected to reach 9.8 billion, with 6.7 billion projected to live in urban areas. As such, the cities of tomorrow will not be accidental. Every block, building and brick represents countless choices with visions articulated on different scales, from surrounding ecosystems, to architecture, infrastructure and interior spaces. From buildings that incorporate natural elements to spaces that can quickly transform to meet changing housing or business needs, these five pavilions demonstrate how we can thrive in the face of challenges and change.

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Staff writer

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