80% of its pavilion at Expo 2020 Dubai has been completed, at a cost of 140 million dirhams

Luxembourg: The UAE is the most important trade and investment partner in the "Gulf"

  • The Luxembourg Pavilion will be one of the most ambitious architectural projects in Expo 2020 Dubai.

    From the source

  • Maggie Nagel: "Participation in (Expo 2020 Dubai) is not an objective in itself, but rather a part of Luxembourg's strategy with its partners."

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The Commissioner-General of Luxembourg at Expo 2020 Dubai, Maggie Nagel, revealed that about 80% of the construction work has been completed in the Luxembourg Pavilion, which will be ready by the beginning of 2021, noting that the entire project cost will reach 32 million euros (about 140 million euros). Dirhams).

She told Emirates Today that the UAE has become the most important trade and investment partner for Luxembourg in the Gulf region, pointing out that the establishment of a large and ambitious economic promotion program, in cooperation with the Luxembourg Chamber of Commerce, will enable Luxembourg companies to reach the business community in the UAE.

Wing construction

In detail, Commissioner-General of Luxembourg at Expo 2020 Dubai, Maguy Nagel, said that the construction work at the Luxembourg Pavilion at the upcoming exhibition is going very well, while adhering to health and safety measures set by the UAE government, noting that about 80% of the work has been completed. The construction in the wing, which will be ready by the beginning of next year.

Nagel added that the Luxembourg pavilion will be one of the most ambitious architectural projects in Expo 2020 Dubai, but she pointed out that one of the things that will remain engraved in everyone's minds is the fact that the pavilion has a slide, as visitors to the pavilion will get to know Luxembourg in five aspects, namely : Luxembourg is a country characterized by diversity, in addition to the ability to achieve communication, sustainability, boldness and beauty.

Ramp walkway

Nagel explained that the sloping wing walkway will represent stages that show the aspects that move the country, review the daily life of the population, and general information about the Duchy and the various major sectors in the economy, noting that at the top of the pavilion, visitors can choose between going down a ladder, or using a giant slide And transparent.

She indicated that the design of the pavilion symbolizes the openness and dynamism of Luxembourg, stressing that Luxembourg is open to new ideas and innovations, as it welcomes all people of different cultures.

dynamism

Nagel stated that foreigners residing in Luxembourg make up 48% of the total population, and they are of 170 different nationalities, which makes Luxembourg a place where cultures, languages ​​and nationalities meet, noting that most of the residents speak three or four languages, and sometimes more.

She said that Luxembourg has been characterized by its dynamism throughout history, as it has always succeeded in re-discovering itself, noting that Luxembourg has transformed from an agricultural country into a large center of industries and a global financial center that relies on scientific research, digital technologies and space industries. That is why choosing "Luxembourg, which is rich in resources," was a topic. For its pavilion at Expo 2020 Dubai.

Visitors

Nagel added that “Expo 2020 Dubai visitors will enter the Luxembourg pavilion without necessarily having knowledge or expectations of what they will see. ».

She indicated that the cost of building the wing is 24 million euros (about 105 million dirhams), while the entire project will cost 32 million euros (about 140 million dirhams), part of which is provided by the government of the Grand Duchy of Luxembourg, and part is provided by the partners: the Chamber of Commerce, Post and SES, as well as the wing sponsors.

Relations

Nagel stated that Luxembourg and the UAE have established their economic and trade relations over the years in several sectors, such as finance, banking, logistics, transportation, space, health technology and financial technology.

"In fact, the UAE has become the most important trade and investment partner for Luxembourg in the Gulf region," she said, referring to the many agreements that have been signed at different levels, such as the Memorandum of Understanding in the field of space signed in 2018, and the Memorandum of Understanding on Financial Technology signed between Dar Fintech in Luxembourg, and the economic and political dialogue agreements signed in 2019-2020, she added, all this shows the commitment of the two countries to strengthen their cooperation.

Sharing

Nagel emphasized that participation in "Expo 2020 Dubai" is not an objective in itself, but rather part of a long-term strategy for Luxembourg with its partners to strengthen existing relations and support new areas of cooperation, by placing Luxembourg on the UAE business map.

And she considered that participation in the upcoming international event will contribute to bringing together the companies of the two countries and creating new opportunities for business and joint projects, noting that the establishment of a large and ambitious economic promotion program, in cooperation with the Luxembourg Chamber of Commerce, will enable Luxembourg companies to reach the business community in the UAE.

Similarities

The Commissioner-General of Luxembourg at Expo 2020 Dubai, Maggie Nagel, said that there are many similarities between Luxembourg and the UAE, as they have populations from all over the world who live in major cities, and both countries attract people of skills and talents from different parts of the world. Earth.

She added that the two countries enjoy among the highest standards of living in the world, and both countries are determined to diversify their economies and make a shift in their development model to achieve sustainability based on innovation and a knowledge-based economy based on data.

Nagel added: “In fact, countries are working to stimulate innovation in general and to develop priority sectors, such as space, renewable energy, health, logistics, tourism, and financial technology, and in (Expo 2020 Dubai), all these economic sectors will be highlighted with the aim of developing incentive mechanisms from Order more cooperation ».

An economic promotion program that enables Luxembourg companies to reach the business community in the UAE.

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