Today, a Saudi delegation stands at the threshold of the General Assembly of the Bureau International des Expositions (BIE), ready to present their bid for hosting the Expo 2030. This momentous event has the world's eyes trained on it, as countries across the globe anticipate the host city reveal for this prestigious event. The Expo, a platform for the exhibition of innovation and the fostering of international cooperation, promises significant economic and cultural benefits to the host city and country.
A Three-Way Contest
As the Saudi delegation graces the BIE assembly, they face stiff competition from Italy and South Korea. These three nations are locked in a fierce battle for the right to host the Expo 2030, a world fair that attracts millions of visitors and billions in investment every five years. While Rome leans on the pillars of human rights and democracy, Saudi Arabia, seen as the frontrunner, ties its bid to Crown Prince Mohammed bin Salman's ambitious Vision 2030 program. On the other hand, South Korea views the Expo as an opportunity to reciprocate the international aid it received post the 1950-53 Korean War.
The Stakes and Implications
The race to host the Expo 2030 goes beyond national pride. It is a significant economic catalyst, creating thousands of jobs and attracting investments running into billions of dollars. A win for Saudi Arabia would be a significant milestone for the Crown Prince's endeavors in realizing Saudi Vision 2030—an ambitious initiative aimed at diversifying the country's revenue sources beyond its oil income. The Expo, which famously gave rise to the iconic Eiffel Tower in Paris in 1889, holds immense economic and cultural significance.
The Verdict Awaits
With 181 countries engaged in the voting process, the decision for hosting the 2030 World Expo is eagerly anticipated. The contest between Saudi Arabia, South Korea, and Italy is fierce, with each nation showcasing unique visions and ambitious promises. As the world watches, the BIE assembly stands poised to cast their votes, and the future host city of the Expo 2030 hangs in the balance.