World Economic Forums not to take place in Davos any more
Baku, Fineko/abc.az. The World Economic Forum (WEF) is changing its format due to changes happening in the world.
The sources close to WEF report that World Economic Forum will no longer be held in Davos.
“The new place for holding these forums will become Istanbul. At that terms of the forums will also change- now they will be held in the 4th quarter of each year “, -the source said. The format of the forum will also change.
“Now they will be not economic but engineer-economic forums which is a recognition of new technologies’ decisive role for development of world economy”,- it was said.
The engineer part of the forum will focus on construction sector , both industrial and civil construction.
“That is connected with the fact that presently 63% of global capital expenditures falls on the share of infrastructural projects”,- the source noted.
via Azerbaijan Business Center – World Economic Forums not to take place in Davos any more.
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