Trading and Business Matchmaking to be Core Focus of Newly-Launched Global Value Chain Market Platform
February 5, 2017
The Global Manufacturing and industrialisation Summit today announced details of one of the Summit’s showcase events, the Global Value Chain Market (GVCM), which is designed to bring businesses together by facilitating matchmaking and trade opportunities throughout the manufacturing sector.
Supported by sponsors such as the United Nations Industrial Development Organisation (UNIDO) and the Gulf Organisation for Industrial Consulting (GOIC), GVCM will offer a new industrial knowledge exchange,and business matchmaking opportunities. It will be hosted by the Global Manufacturing and Industrialisation Summit, which is the world’s first global gathering for the manufacturing community, governments, civil society, and innovators. The Summit will be held from March 27-30, 2017 in Abu Dhabi. The Global Manufacturing and Industrialisation Summit will bring together global decision-makers to plot a path for transformational manufacturing.
As strategic partner, ZonesCorp, the largest operator of purpose built industrial zones in the UAE, has significant expertise in bringing companies together for major investment projects. Its economic zones currently house over 600 manufacturing facilities that are home to some of the world’s leading industrial players in a variety of sectors.
HE Saeed Eisa Mohammed Al Khyeli, Director General of ZonesCorp commented: “The summit’s mission is well-aligned with our own and we are pleased to be the strategic partner for the GVCM. ZonesCorp operates a unique ecosystem of companies that are organised into vertically-integrated clusters that bring upstream and downstream companies together. As such, we have a unique understanding of the value chain and efficiency benefits that can be gained from an integrated and collaborative approach.Using this highly successful model we continue to diversify and encourage new areas of manufacturing growth on our acreage, such as biotech, pharmaceuticals, agriculture, food and beverage and SMEs.
The world’s leading event organiser, Reed Exhibitions, has joined the Global Manufacturing and Industrialisation Summit team as a Partner to launch the exhibition and GVCM platforms and help business community to connect and expand. XXXX, XXXX, from the United Nations Industrial Development Organisation (UNIDO), an organiser of the Global Manufacturing and Industrialisation Summit, said: “Platforms that encourage and support open investment and opportunities, such as the Global Manufacturing and Industrialisation Summit and the Global Value Chain Market, are invaluable to the development of the manufacturing sector. They enable companies to successfully navigate the increasingly complex global market thereby enabling technology transfer and cross-collaboration, and routing new investments to different parts of the world. UNIDO has developed two distinct entities to aid businesses along this path – the Subcontracting and Partnership Exchange, and the Investment and Technology Promotion Offices Network.”
The Global Value Chain Market will also connect regional manufacturers with their counterparts from different countries, investors and international businesses. It will create exclusive networking experiences that will empower participants to establish new commercial partnerships, promote technological transfer and explore investment opportunities within the region, while enabling entities to work together towards setting new standards for sustainability and global development.
Abdul Aziz Al Aqeel, Secretary General to the Gulf Organisation for Industrial Consultation (GOIC), said: “There is a pressing need for an event such as the Global Value Chain Market. The Middle East is ripe with opportunity for the manufacturing and industrialisation sector, and connecting key players in this crucial economic period that seeks diversification is imperative. In the GCC market, young businesses are pioneering new technologies alongside established powerhouses. Communication between old and new industries and across geographies will become key to growth over the next decade.”
Badr Al-Olama, member of the GMIS Organising Committee and also CEO of Strata Manufacturing PJSC, said: “Increasingly, the products in our daily lives are not just the sum of their parts, but the sum of their geographies. The manufacturing sector has no nationality – different stages of the production process occur in different time zones and in different continents. Products can be designed in the UAE, fabricated in India, and assembled in Germany, to then be distributed in North America. This is what is known as the Global Value Chain, and it is a model that will continue to proliferate across many more sectors as our world adapts to increasing globalization.
“Global value chains create significant opportunities for manufacturers all around the world – that is why the World Bank expects them to increase job creation and economic growth. By creating a special focus at the Global Manufacturing and Industrialisation Summit, the Global Value Chain Market will provide opportunities for firms by bringing global and regional leaders in manufacturing together under one roof, alongside small and medium enterprises seeking to build robust supply chains.”
The Global Manufacturing and Industrialisation Summit is being held at the Paris-Sorbonne Abu Dhabi from March 27-30, 2017. The Summit will bring together leaders from the manufacturing industry across business, government and civil society to help shape the future of manufacturing, focusing on the transformational role of technology and promoting inclusive and sustainable industrial development.
As the world’s first cross-industry forum, GMIS is a global gathering for manufacturing minds. It is a voice and a venue for global manufacturing transformation. More than 1,200 delegates will attend, including world leaders, industry CEOs, policy-makers, specialist researchers and academics. GMIS will deliver (i) a voice for transformational ideas, (ii) a venue for the generation of new networks and cross-industry partnerships, (iii) a showcase for pilot projects arising from cross-industry research, and (iv) a post-event report with recommendations for action to be submitted to global stakeholders. It is planned that GMIS will be held in leading global cities every other year, with the inaugural GMIS in Abu Dhabi in March 2017. See www.gmisummit.com.