GMIS, Italy’s Confindustria unite to drive economic & industrial growth

By Amirtha P S, Desk Reporter
  • Follow author on
Representational Image

The Global Manufacturing and Industrialisation Summit (GMIS) announced a partnership with the General Confederation of Italian Industry (Confindustria) to boost economic and industrial growth, manufacturing capabilities and innovations driven by the Fourth Industrial Revolution, and to explore the possibility of hosting a future GMIS edition in Italy.

The partnership was officiated before the ‘Manufacturing & Innovation’ conference, hosted in collaboration with Italy and the UAE as part of the six-day GMIS Week.

The GMIS and Confindustria signed a Memorandum of Understanding (MoU) at the Italian pavilion in Expo 2020 in the presence of Mr. Luigi Di Maio, Italy’s Minister of Foreign Affairs.

Earlier this week, GMIS hosted a delegation from Italy as part of a country-focused conference, developed jointly with the UAE, to share key experiences, knowledge and insights on the challenges facing the manufacturing industry to trigger discussions on ways to foster greater manufacturing capabilities along with Industry 4.0 standards.

Badr Al-Olama
Badr Al-Olama
Head – Organizing Committee

“Fostering cross-border cooperation will ground long-term prosperity in local markets and influence global industries as they interact in collaborative ventures across their respective economies, effectively contributing stronger bilateral relations. Today the conference showcased great potential to advance high growth industries in the manufacturing sector and ensure it fosters further financial and social stability.”

Ms. Barbara Beltrame Giacomello, Vice President for the Internationalisation at Confindustria said, “The Fourth Industrial Revolution has enacted a cultural shift whereby societies and industries are experiencing rapid changes to their daily activities. Investment solutions can tackle the main factors and harmonize workplace flow, experience, safety, production and more. National economic conditions must facilitate further investments across the scopes of digital literacy and Industry 4.0 technological production, and for effective change, R&D activities are crucial to fuel this change. We are confident that our collaboration with GMIS will facilitate discussions that will drive us in that direction.”

Italy and the UAE have a long history of fostering bilateral relations. ‘Manufacturing & Innovation’ is a testament to the longstanding cooperation between the two nations and provided governments, technologists, and investors with an opportunity to harness the Fourth Industrial Revolution’s competitive capabilities to boost economic and industrial growth.

Commenting on the partnership, Mr. Namir Hourani, Managing Director at the GMIS said, “The partnership with Confindustria is a partnership with Italian companies and Italy as a whole. Through Confindustria, GMIS would invite leaders and experts from Italian organizations to participate in all future GMIS conferences, working groups and initiatives so that they are well represented and can tell their story wherever GMIS is being hosted across the world.”

Related: GMIS closes 4 deals with global industry players for sustainable growth