So here in Abu Dhabi we are, in a certain way, the executive arm of what has been decided and figured out in Luxembourg among the different stakeholders-ministries, institutions, government bodies, but also private and public organisations. When I say participation, that encompasses quite a broad spectrum of sectors of interests-of course, economic and financial, but also cultural… even sport. So, we are working on the database on how to coordinate Luxembourg participation at Expo2020. It's part of a larger strategy of promoting Luxembourg on the world stage and more particularly in the Middle East region. Participation at Expo2020 is not necessarily a goal in itself.
How precisely is the LTIO helping prepare Expo2020? And these cover a very broad spectrum of activities…from construction, to cosmetics, consulting, real estate, FinTech, but also health technologies, space technology. So, we have seen an increase of interest in the past, let’s say two years, with a number of companies really setting up a presence in in the region, opening a branch or subsidiary or even a new company to develop their activities. The other task, which is increasing in demand, but also in complexity and interest, is we have lots of companies seeking to develop their activities in the UAE and, furthermore, in the Gulf Cooperation Council countries. Loïc Bertoli: On one side we see how we can promote Luxembourg to foreign companies, to see Luxembourg as either a market in itself or a hub for the European market… with all the advantages of setting up a headquarter for a European entity in Luxembourg.
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