October 12-13, 2017
Italy and the Arab countries have a long and common history and entertain a strong economic cooperation that has paved the way to unprecedented opportunities for further development in sectors of priority interest for both Arab and Italian companies such as strategic infrastructure projects, sustainable environment, energy and renewable energy, tourism, food and agro-industry. In addition, there are ample attractive opportunities to further increase the existing Arab investment and presence in Italian economy.
To contribute to these objectives, and to strengthen and enlarge business relations between Italy and the Arab countries, The Joint Italian Arab Chamber is hosting the 1st Arab Italian Business Forum at Palazzo Turati in Milan on October 12 and 13, 2017.
The forum is organized by Promos (the Special Agency of the Milan Chamber of Commerce for the promotion of international activities) and Milan Chamber of Commerce, and is sponsored by Intesa Sanpaolo.
The opening ceremony will be held in the presence of government and high rank officials from both sides, and will be followed by extensive discussions on latest trends and opportunities within the Italian Arab business relations on the following topics: Industrialization, regional strategies and visions. Italy as a partner for Industrialization and Economic Diversification, Financial Services and Opportunities, Energy and Renewable Energies, Sectors of opportunities for a Sustained Italian Arab Economic Development: Infrastructure and Tourism.
On the second day of the Forum, participants will have the possibility to attend B2B meetings in addition to ample networking opportunities all along the event.
It’s worth mentioning that Italy is the third largest economy in the euro zone. It has a highly-diversified economy and the industrial component of its economy is prevalent, compared to its neighbors, with as much as 20 % of the gross value added. This industry is based essentially on manufacturing of high quality consumer goods, and Italy is considered the fifth world manufacturing power. The industrial sector produces machineries and equipment, metallurgy followed by the food industry and the leading sectors of the Made in Italy: textiles, leather and clothing. The tourism sector represents about 10% of the GDP, making Italy the 5th world touristic destination. Agriculture represents about 2% of the GDP. Italy is also characterized by an important presence of family-owned industries, which include large emblematic groups that are completed by a very large network of small and medium-size enterprises that are the genuine flag carriers of Italian know-how. Often organized within “industrial districts”, these SMEs represent the strength of the Italian economic system thanks to their dynamism, the high degree of capital intensity, the strong openness to technical progress, the targeted and tailor-made production and the significant part of their export activity.
More information on the schedule of the Forum and the details on participation will be announced shortly.
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