NET VALUE OF EXPO 2027 INVESTMENT - 300 MILLION EUROS

13. Apr 2023
Photo: Grad Beograd

Belgrade has the potential to organize this prestigious world event, which few can boast of, said Marko Čadež, president of the Serbian Chamber of Commerce (PKS), during the presentation of the country's candidature for the International Specialized Exhibition Expo 2027 to the delegates of the International Bureau of Exhibitions (BIE) in Paris, adding that the net value of the Expo 2027 investment is a total of 300 million euros.

"A huge number of volunteers will be needed for the organization, and I hope that in 2027 we will have the Open Balkans as one initiative with wider dimensions," added Čadež, the eKapija portal reports.

The aim of the symposium was to present the proposed theme of Serbia, "Play for Humanity: Sport and Music for All," to the delegates of the Bureau in as much detail as possible.

"This day was very powerful because a message was sent about what Belgrade and Serbia are today and how we see Expo 2027. I think we showed not only that we are a good destination when it comes to tourism, but that we are also good when it comes to innovation and the buildings themselves that are being built. We have shown that we have a special weight because, in the last 10 years, we have made the rules of the game such that few countries in Europe have them. For two years in a row, Belgrade has been declared the city with the greatest economic potential in Europe," said Čadež.

When you travel by car from Belgrade, four to six hours away, you have 20 university centers, which is about 560,000 students, added the president of PKS, noting that Belgrade is particularly attractive to IT experts.

Laureus CEO Ned Wills reminded the audience of the fact that play is a key component of success and how important sport is for the development and lives of children and young people. The symposium was moderated by the director of the Congress Bureau of the Tourist Organization of Serbia, Dušan Borovčanin, and the presentation of Serbia was enhanced by the performance of traditional Serbian music tracks by the Teofilović brothers.

In January 2022, Belgrade and Serbia officially submitted their bid to host the International Specialized Exhibition Expo 2027. In June of last year, a comprehensive presentation of Serbia for organizing the exhibition was held in Paris, when Prime Minister Ana Brnabić addressed the attendees of the 170th BIE General Assembly via video message, and several ministers and the president of the PKS provided assurances and explanations of the comparative advantages of Serbia and Belgrade.

In September, Belgrade was visited by a delegation of the International Bureau for Exhibitions, whose investigation commission evaluated the data presented in the file of Belgrade's candidacy. On the occasion of the bid to host Expo 2027, another presentation was held in Paris, in November, when our delegation at the 171st General Assembly of the BIE had the opportunity to once again meet the representatives of the members of this bureau and explain that our capital and country are fully ready to host one of the most prestigious world events.

Source: ekapija.com

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