GMIS partners with Italian Confindustria to boost industrial capacity

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The World Summit on Manufacturing and Industrialization has partnered with the Italian Confindustria to accelerate economic development and expand the industrial base in all sectors.

The deal will boost manufacturing capacity and innovation driven by the Fourth Industrial Revolution and will also explore the possibility of hosting a future edition of GMIS in Italy, the two entities said in a joint statement Thursday.

“Fostering cross-border cooperation will anchor long-term prosperity in local markets and influence global industries as they interact in collaborative ventures in their respective economies, thus helping to strengthen bilateral relations,” Badr Al Olama, committee head organization of GMIS, mentioned.

GMIS – a joint initiative between the United Arab Emirates and the United Nations Industrial Development Organization – and Confindustria, the General Confederation of Italian Industry, signed the agreement during the week-long event that s ‘took place in Dubai.

The summit intends to build bridges between manufacturers, governments and non-governmental organizations, innovators and investors to further develop manufacturing and fuel the post-pandemic recovery.

The first two events took place in Abu Dhabi in March 2017 and in the Russian city of Yekaterinburg in July 2019. The third was originally scheduled for April 2020, alongside the Hannover Messe 2020 fair, but was postponed due to the pandemic and was later held online.

“The Fourth Industrial Revolution brought about a cultural shift in which companies and industries are experiencing rapid changes in their day-to-day operations,” said Barbara Beltrame Giacomello, Vice President for Internationalization at Confindustria.

“National economic conditions must facilitate new investments in the areas of digital literacy and technological production of Industry 4.0 … and for effective change, R&D [research and development] Activities are crucial to fuel this change. We are convinced that our collaboration with GMIS will facilitate the discussions that will lead us in this direction, ”she said.

Based in Rome, Confindustria is the leading association representing manufacturing and service companies in Italy.

More than 150,000 small, medium and large companies have voluntarily joined Confindustria, representing more than 5 million workers.

“The partnership with Confindustria is a partnership with Italian companies and Italy as a whole,” said Namir Hourani, Managing Director of GMIS.

“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 hosted across the world. “

Updated: November 26, 2021 4:00 a.m.

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