The fourth edition of the Global Manufacturing and Industrialisation Summit (GMIS) which is scheduled for November will focus on the importance of data intelligence and connectivity, the future of renewable energy, green manufacturing, sustainable energy and climate action.
The six-day event at the Dubai Expo Centre will include global leaders representing government, business and civil society. The summit will be co-chaired by the UAE Ministry of Industry and Advanced Technology and the UN Industrial Development Organisation (UNIDO).
“Across the world, organizations are scaling up digital transformation investments to become enterprises of the future. As a result, there is a renewed focus on data intelligence and connectivity, which are rapidly transforming every facet of industrial and economic growth. At the heart of #GMIS2021 is the critical need for industries and governments to underpin technological breakthroughs into their core strategies, business models and future outlook.”
Direct digital transformation investments are expected to total $6.8 trillion between 2020 and 2023, and 65 percent of the world’s GDP is set to be digitized by 2022, according to the International Data Corporation.
Governments are also focusing on green energy and improving renewable sector investment. Efforts to limit global warming to 1.5°C above pre-industrial levels by 2050 could create about 122 million energy-related jobs, more than double the current 58 million in the sector, according to the International Renewable Energy Agency (IREA).
The event will also hold three global panorama sessions to examine how digital technology can drive prosperity in the Middle East and Africa (MEA) region, the challenges and opportunities facing European and North American manufacturing and the drive towards green industrial investments, the different development strategies in Latin America and South-East Asia and the role of digital connectivity to optimize global integration.
The summit will also include a special session to explore the UAE’s Operation 300bn, the new industrial strategy that aims to diversify the country’s economy over the next 30 years through new investment in the industrial sector.
“Advanced technology and innovation hold the potential to transform industrial growth and deliver tremendous benefits to societies across the world. We must strengthen global cooperation to create long-term strategic partnerships that are crucial to accelerating innovation and addressing some of the complex social, economic and environmental challenges the world is facing today,” said Mr. Saed Alawadi, chief executive of Dubai Industries and Exports, the industrial development and export promotion agency of Dubai Economy.