Last month in an act of direct democracy, voters is the Swiss alpine town of Davos strongly supported plans to host the annual World Economic Forum (WEF) for the next 10 years.
In a closely watched local referendum, almost 6,000 eligible citizens voted to fund the £22m extension of the town’s ageing conference centre. Work is scheduled to be completed December 2010.
The 2009 edition of WEF, was the largest in its history, organisers claiming 2,500 participants this year.
Spokesperson for the Davos Tourist Office, Cornelia Lindner, says: “The redevelopment will update the centre to make it bigger and better designed, to suit the needs of the high profile forums that are held there.”
The project will include putting in bigger plenary rooms, six new breakout rooms, more offices and rooms for the press and speaker preparation, 200 new parking spaces and some extensions on the main conference room that will hold 2,000 people.
Davos mayor Hans Peter Michel, a passionate supporter of the project says, “I’m very pleased. For us, it’s exceptionally important the WEF stays.”