Davos Forum to Be Held in Singapore Instead of Switzerland Next Year

Change of Venue Considering COVID-19 and Others
First Time Since 9/11 to Hold Outside Switzerland

[Asia Economy Reporter Naju-seok] The World Economic Forum (WEF, Davos Forum) on the novel coronavirus infection (COVID-19) has even changed its venue. On the 7th (local time), WEF announced that it will hold the forum in Singapore in May next year, instead of January and not in Switzerland.

On this day, WEF announced that it is changing the forum venue due to the ongoing COVID-19 risks in Europe.

[Image source=EPA Yonhap News]

Previously, WEF had announced that the forum scheduled for January next year would be postponed to May, and the location would be changed from Davos to Lucerne and Wurzenstock, but it has changed the venue again.

This is the second time WEF is holding the forum outside Switzerland. WEF once held the forum in New York instead of Switzerland in 2001, as a statement against terrorism following the '9/11 attacks.'

WEF explained that it changed the venue of the annual meeting considering the health and safety of the organizers and participants. WEF stated, "After careful consideration, given the current spread of COVID-19, we determined Singapore to be the optimal location."

Meanwhile, WEF announced that it will designate January 25-29 next year as Davos Week and will hold the Davos Dialogue event online.

This content was produced with the assistance of AI translation services.