WEF Weighs 2021 Venue Options Amid Report of Move to Singapore

(Bloomberg) -- The World Economic Forum is considering alternative locations for next year’s annual gathering in light of Europe’s still-high Covid-19 cases.

While the WEF is still planning to hold the event at the Buergenstock resort in Lucerne, “due to current circumstances in Europe we are looking at other options,” spokesman Yann Zopf said Monday.

A decision will be announced before Christmas, he said.

Normally held in the ski resort of Davos each January, the 2021 edition was postponed due to the pandemic and is scheduled for May at the Buergenstock.

But Swiss media in recent days said the WEF is looking at sites in other countries. CH-Media reported on Monday that Singapore would be the alternative location.

The annual gathering attracts political leaders including U.S. President Donald Trump and German Chancellor Angela Merkel, as well as a parade of billionaires, executives and celebrities to debate global challenges.

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