Adnec’s venue chosen for G20 summit
Abu Dhabi, March 3, 2009
The UK Foreign & Commonwealth Office has announced that it will host the forthcoming G20 Summit at Abu Dhabi National Exhibitions Company’s (Adnec) ExCeL venue in London.
"This is excellent news for ExCeL London and for Adnec,” said Ali Saeed Bin Harmal Al Dhaheri, Adnec managing director. “The selection of ExCeL London as the host of the London Summit is testament to the venue’s international standing as one of the premier meeting and events destinations in Europe."
Simon Horgan, Adnec CEO added: “The decision to host G20 Summit at ExCeL London is a strong endorsement of Adnec’s development plans for the site.
“One of the reasons we acquired ExCeL London was so that Abu Dhabi could benefit from its standing as a premier international exhibition and conference venue, the G20 summit is the latest in a long list of prestigious events to be held at ExCeL which result in a significant direct and indirect benefits to Abu Dhabi.”
The ExCeL London summit will bring together leaders of the world’s advanced and emerging economies, including the G20 (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, UK, US and European Union), and representatives of international financial institutions to work cooperatively to restore stability and stimulate global economic growth.
Adnec acquired ExCeL London in May 2008 in deal valued at more than Dh2.3 billion ($626 million). Since this time Adnec has invested in the development of ExCeL London, beginning construction of phase two of the venue which will see it increase to almost 100,000 sq mt of exhibition floor space. – TradeArabia News Service