MASERU – Their majesties King Letsie III and Queen ‘Masenate Mohato Seeiso will head a delegation that will represent Lesotho at the World Expo 2020 in Dubai.
The Expo provides a platform for participants to share their achievements and ambitions, and provides the private sector with the opportunity to exchange business ideas and form trade partnerships with counterparts across the globe.
In a statement, the Lesotho National Development Corporation – LNDC, says the international exhibition that commenced on the 1st October 2021 and will end in March 2022 is held under the theme “Connecting Minds, Creating the Future.”
LNDC, in its capacity as a National Investment Promotion Agency (IPA), says it has organized business engagements to facilitate exchange between Lesotho and the international business community.
“These engagements consist of a high-level business round table inviting top UAE and international VIP investors, and top Lesotho business representatives at a business forum themed “Lesotho Rising to Prosperity”, It will feature a panel discussion on Lesotho’s investment climate and investment opportunities with provision for a Q&A session, and business to business meetings.” Says the corporation.
Also sponsored by Organica Global Brands, Sekhametsi Investment Consortium, the Mamoth Citrus Group as well as other private sector companies, Lesotho will be among 192 countries participating in this event. These companies have contributed towards the business engagements and the cultural troop that will perform on the National Day on the 27th of October.
“Lesotho’s participation at the Expo 2020 Dubai was initiated by government, but this year, it has changed gears to put the private sector in the driver’s seat to lead conversations and initiatives that will bolster economic growth in Lesotho.” Says LNDC.
Government will be represented by the ministers of Foreign Affairs; Trade and Industry; Small Business Development Cooperatives and Marketing as well as Tourism. Environment and Culture. The Lesotho Tourism Development Corporation will also join the LNDC in leading investment promotion efforts during this Expo.
The World Expo Dubai 2020 retains this title because it was planned for last year, but was postponed due to covid19 lockdowns and travel restrictions. The organisers of the event expect 25 million visitors. The Expo presents opportunities that include energy, smart city solutions, collective global sustainability, agriculture and health.