Germany has confirmed its participation at the Expo 2020 Dubai after signing a EUR 50mn ($61mn/AED 226mn) investment contract.
Europe’s largest economy is set to have one of the biggest pavilions at the event, measuring 4,500 sqm in size, within the Sustainability District of the Expo.
Dietmar Schmitz, commissioner general of the German Pavilion, signed the contract with Najeeb Mohammed Al Ali, executive director, Dubai Expo 2020 Bureau.
“Even in our digital age, it is still human nature to want to meet other people in person, face to face, and to experience things ourselves in order to form our own opinions,” Schmitz said.
“Expo 2020 will bring countries and organisations together to discuss the most pressing issues facing our world and to consider solutions together, with the joint aim of pointing the way forward.”
Two leading German multinational companies are also playing a vital role in Expo 2020 Dubai. SAP is Expo’s Official Innovative Enterprise Software Partner and Siemens is Official Intelligent Infrastructure and Operations Partner.
Last year, the countries signed a partnership to strengthen cooperation in the energy sector. The agreement covers topics such as renewable energy technology, energy efficiency and research and development.
Having enjoyed economic and diplomatic relations since 1972, both nations also share strong trade ties. In 2015, German imports from the UAE reached EUR 900mn (AED 4bn), while the value of exports reached EUR 14.6bn (AED 65.9bn).
Around 10,000 German citizens live in the UAE and more than 500,000 visited the country in 2017, a rise of 10% from the previous year.
Expo 2020 Dubai will run for six months from 20 October 2020 to 10 April 2021 and is expected to record 25mn visits, with 70% anticipated to come from outside the UAE.
More than 180 countries are expected to take part in Expo 2020 Dubai, of which 170 have either publically or privately confirmed their participation to date.
Further national participation announcements are expected in the coming months.