Italy-United Arab Emirates, Confindustria: strategic partnership on innovation and sustainability, room for investment

Rome, 24 February 2025 - Confindustria stresses the importance of the bilateral economic cooperation between Italy and the United Arab Emirates, a successful model - presented today with the Italian government - based on innovation, sustainability and openness to global markets, which will bring investment to Italy. In this context, strengthening the dialogue between institutions and businesses is essential to transform opportunities into concrete projects.

"The objectives we have set ourselves at the European level are very ambitious and to meet them we need strategic alliances at the international level, collaborations, joint ventures and investments. The agreements signed today and the emiratini investments in Italy, announced for about 40 billion dollars, are decisive for the growth and consolidation of our industrial system, bringing resources with a view to the environmental and technological transition and the development of sectors such as sustainable construction, energy, infrastructure, critical raw materials, strategic supply chains, artificial intelligence, manufacturing, advanced technologies for connectivity and security, and funds for the capitalisation of SMEs," said Confindustria President Emanuele Orsini.

'One point that is particularly close to our hearts is investment in sustainable building,' continued the number one at Viale dell'Astronomia, 'which we want to tie in with the housing plan.

'These types of agreements, together with strategic projects such as the Mattei Plan,' Orsini continued, 'offer an extraordinary opportunity to consolidate the Italian presence, integrating skills and resources, but also to fully exploit the opportunities of these markets. Promoting these agreements in a transitive manner, opening up markets and facilitating investment in our country, is essential. These are corridors of exchange and synergy with important and rapidly developing areas, such as the Middle East, the Persian Gulf and the Far East. In this context, strengthening the dialogue between institutions and businesses is essential to turn opportunities into concrete projects'.

With an export potential estimated at EUR 2.8 billion, the UAE also ranks first among the countries of the Arab world in terms of opportunities not yet fully exploited for Italian exports. Industrial synergies concern not only consumer goods, but also capital goods and machinery with high added value. Energy also plays a central role in this collaboration, with a focus on hydrogen and renewable energy.