Belgium heads to Davos for World Economic Forum
Belgium is sending a high-level delegation to the World Economic Forum (WEF) in Switzerland to promote itself as a hub for innovation and economic growth. With a focus on foreign investment, security, and technological advancement, the country aims to strengthen its global position amid evolving geopolitical and economic challenges.
The WEF, founded by German economist Klaus Schwab, has been bringing together world leaders, business executives, and NGOs for over five decades to discuss global challenges.
This year’s theme, Cooperation for the Intelligent Age, focuses on harnessing AI for positive outcomes. However, with the inauguration of Donald Trump as US president this week, discussions on geopolitical tensions and shifts in the global order are expected to dominate the agenda.
Prominent companies
Belgium will be represented in Davos by King Philippe and Queen Mathilde, prime minister Alexander De Croo, Foreign minister Bernard Quintin, Interior minister Annelies Verlinden and Flemish minister-president Matthias Diependaele.
Belgium’s presence at Davos is not limited to political leaders; several prominent Belgian companies will also take part in the discussions. Key participants include the energy infrastructure firms Elia and Fluxys, financial institutions Euroclear and Swift, technology company Barco, industrial giants such as Syensqo and Umicore, and maritime companies like Jan De Nul and DEME.
Belgium aims to position itself as a hub for innovation and technological expertise during the Forum. De Croo emphasised the importance of connecting the country’s open economy with international stakeholders to drive growth.
Security and defence
Belgium House, a showcase for the nation’s strengths in key sectors, will be a focal point for networking and collaboration. Security and defence will also feature prominently, with NATO secretary-general Mark Rutte participating in a panel discussion during the Belgian reception.
Flanders also enters Davos with ambitious goals. In 2024, the region attracted a record 5.4 billion euros in foreign investments, creating more than 5,000 new jobs across 277 projects. Flanders will aim to reaffirm its position as an attractive destination for investors in Davos, highlighting its strategic location, robust logistics and strong innovation capacity.
#FlandersNewsService | Prime minister Alexander De Croo during the 2024 World Economic Forum © BELGA PHOTO ERIC LALMAND
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