As recently reported by UAE news agency, Luxemburg is the first country to officially sign a participation agreement, while around 120 countries have confirmed their interest in taking part in World Expo, the very first to be held in the Middle East, Africa, and South Asia regions in 2020.

Before the contract was signed, Luxembourg, which has confirmed an investment of AED108m in the expo, with further approvals for its national pavilion’s theme and location.

The theme of the pavilion is ‘Resourceful Luxembourg’, and reflects the country’s position as a smart nation that looks to other countries to connect the human, natural, technical, industrial, and financial resources it needs to shape its future.

The spiral-shaped pavilion will be located in the Opportunity District. It will comprise an exhibition space, a multi-purpose area, a restaurant, administrative offices, and technical facilities.

HH Sheikh Ahmed bin Saeed Al Maktoum, chairman of the Expo 2020 Dubai Higher Committee, said: “The signing of Luxembourg’s official participation contract is yet another important milestone on our journey to Expo 2020 Dubai and beyond.

“Luxembourg was one of the first nations to publicly commit to participating in Expo, so we are delighted that they are also the first to sign a participation contract.”

Expo 2020 is set to open on 20 October, 2020 and will conclude six months later, on 10 April, 2021. More than 180 countries are expected to contribute, with further participation announcements expected in the coming months.

Hamptons International one of the leading real estate agencies in Dubai, has a large portfolio of properties for sale & leasing near the Expo 2020 site, within both primary and secondary markets.

Call our property experts today at 800 Hamptons to learn more about our Dubai’s best property investment opportunities.

Source: ConstructionWeekOnline