33.3 billion dirhams of direct investments have been pumped into the UAE until the end of 2020

Austria plans to hold 100 events during its participation in "Expo 2020 Dubai"

  • The Austria Pavilion combines traditional building methods inspired by Arabian wind towers with the latest technology.

    From the source

  • Beatrix Karl: "(The exhibition) is an opportunity to show Austria's innovation potential on the world stage."

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Austria confirmed yesterday that the external construction work of its pavilion participating in the "Expo 2020 Dubai" has been fully completed, while the internal work of the pavilion is scheduled to start in the middle of next month, noting that it plans to hold more than 100 various activities during the exhibition, which kicks off in October. Next and last six months.

She explained during a press conference held in Dubai yesterday that the budget allocated for Austria's participation in the upcoming international event amounts to 17.8 million euros (about 79.2 million dirhams), including the cost of building the pavilion, noting Austrian direct investments in the UAE amounted to 7.5 billion euros (about 7.5 billion euros). 33.3 billion dirhams) until the end of 2020, making it the seventh largest destination for foreign direct investment in the world for Austria and the largest in the world outside Europe.

"Austria awakens the senses"

In detail, Beatrix Karl, Commissioner-General of the Austrian Pavilion participating in Expo 2020 Dubai, said, "Austria looks at its participation in the upcoming international exhibition with great pride, and we believe that the event will inspire the world to adopt a lot of change and highlight new innovations, as well as about helping create a more sustainable future.”

"(Expo Dubai) will constitute a platform that brings together the business world, research institutes, academics and many others," Karl added during a press conference held in Dubai yesterday, to reveal the latest developments related to participation in the exhibition.

And she indicated that "Austria's participation under the slogan (Austria awakens the senses) presents a holistic approach that aims to combine people, technology and the environment, as climate protection and technology work side by side and complement each other."

Chance

"The Austria Pavilion combines traditional building methods - inspired by Arabian wind towers - with the latest techniques of an artistic nature, to provide an interactive display that highlights Austria's strength in innovation and diversity, and gives visitors an experience that excites all senses," Karl explained.

She stressed, "Expo 2020 Dubai represents an opportunity to demonstrate Austria's innovation potential on the global stage through digitization, digital transformation, and digital innovation. It also represents a unique opportunity to present our expertise and strengths in various fields."

strong partner

Karl continued, "We would also like to highlight Austria's position as a strong and reliable partner in the Middle East," noting that "all this is reflected in our diversified program that extends over the six-month period of the Expo, where we have planned more than 100 events dealing with many themes, These include cultural performances, business delegations, discussions, special sessions for young people, tourism events, Austrian National Day on November 19 and much more.”

She stated that "the external construction of the pavilion has been completed, as the internal works are scheduled to begin in mid-July 2021, noting that the sustainability approach followed will continue even after the end of (Expo), as the pavilion will be restructured for use after the event."

direct investments

For his part, Commercial Counselor at the Austrian Embassy in the UAE, Richard Bandera, said, "Austria has had an official economic representation in the UAE since 1976, and therefore considers the UAE its most important economic partner in the Middle East."

He added that "there are Austrian direct investments in the UAE amounting to 7.5 billion euros (about 33.3 billion dirhams) until the end of last year, which makes the country the seventh largest destination for foreign direct investment in the world for Austria and the largest in the world outside Europe."

Bandera pointed out that in 2020, the total UAE investments in Austria amounted to 4.49 billion euros (about 19.9 billion dirhams).

And he indicated that the budget allocated for Austria's participation in the "Expo 2020 Dubai" is 17.8 million euros (about 79.2 million dirhams), including the cost of building the pavilion.

sustainable suite

It is noteworthy that the Austrian Pavilion at the "Expo Dubai" is built in a unique sustainable style designed by the Viennese company "Kuerkraft" from 38 white cones distributed in a geometric way.

These cones are made of prefabricated concrete parts and rise to varying lengths, and are inspired by the traditional Arab wind towers.

Link

The Austrian pavilion, located in the Opportunities area of ​​Expo 2020 Dubai, will be a place where innovative and creative ideas meet, in addition to being a link between different visitors through a variety of events.

The various stations within the pavilion will provide the opportunity for visitors to experience Austria directly through experiences that simulate the sense of sight, hearing, smell and touch, using interactive technology techniques.

• The budget allocated for Austria's participation in the "Expo Dubai" is 79.2 million dirhams.

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