Expo 2020 Dubai will be a critical economic factor after the COVID-19 pandemic, says Margarete Schrambock, Austrian Minister of Economy. The Austrian Chamber of Commerce considers it a significant opportunity to support the Austrian economy.

At the inauguration of the expo, Schrambock stressed that exports account for approximately 50% 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 would be an opportunity to promote it as a provider of innovative services in various fields and benefit from new prospects. He stated, "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 Austria's pavilion at the expo, themed, "Innovation Towers," will showcase 53 selected innovations highlighting the contributions of Austrian scientists, companies and research institutes in shaping an innovative future in smart cities, the circular economy, renewable energy, digital technology, health and life sciences.

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

WAM