The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
MADRID / WAM
The Global Manufacturing and Industrialisation Summit (GMIS) and the Spanish Confederation of Employers’ Organisations (CEOE) signed a strategic Memorandum of Understanding (MoU) at a high-level meeting at CEOE’s headquarters in the Spanish capital, Madrid. The agreement will see the two partners collaborate on promoting environments that are more conducive and supportive of innovation and disruption, in light of the unprecedented growth of Fourth Industrial Revolution (4IR) technologies that are reshaping processes and products for the manufacturing sector.
The inaugural Global Manufacturing and Industrialisation Summit will be held at the Paris-Sorbonne University Abu Dhabi, UAE, from March 27-30. A joint initiative by the UAE Ministry of Economy and the United Nations Industrial Development Organisation (UNIDO), and co-hosted with the Abu Dhabi Department of Economic Development, the Summit will be held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The Summit is the world’s first global gathering for the manufacturing community, bringing together leaders in business, government and civil society to shape a vision for the sector’s future.
The meeting was attended by over 150 enterprises and 21 embassy representatives from Asia, America, and Europe. Focused around the prospects and future of the industrial sector in Spain, Europe and globally, a series of presentations was moderated by Enrique Verdeguer, Director of Esade Business and Law School. Established in 1977, today the CEOE supports more than two million companies and entrepreneurs from across Spain on a voluntary basis, covering all sectors of the economy. The partnership with the Global Manufacturing and Industrialisation Summit will look at ways in which Spanish manufacturers from across industry sectors can leverage opportunities created by 4IR technologies and emerging global value chains.