Page 22 - Industrial Plants

What is the impact on our companies of the In the long term, the UAE will try to take more and more
evolution in geopolitics on the Gulf countries: an benefit from its geographical advantage of being a hub
expansion of Chinese entities and a generally between the two worlds. Isn’t the ‘connectivity’ the
growing Chinese influence, maybe a core of EXPO2020 Dubai theme?
rapprochement with Iran, some ‘reshoring’ trends Within this framework, Italy has many good cards to
in western economies? play, provided that we remain always very competitive,
“The recent agreement with Israel – previously as individual companies and as a country system.
considered inconceivable - shows how ‘the impossible There are lots of good growth opportunities here for
is possible’! large and complex projects, also in partnership with
We cannot rule out future developments, indeed we international companies, e.g. in infrastructure, energy,
hope they will come. An agreement between the two etc.”.
shores of the Gulf would certainly be very beneficial for
the stability of the whole Region, but it is always very What are your expectations for the Italian
difficult to make forecasts. manufacturing and EPC general contracting
China is certainly a major trading partner and one of the Companies at the Expo? What will be the critical
main destinations of UAE oil & gas exports. Its factors of success?
influence here has been growing, commercially and “In this context, the Expo is a huge opportunity. Some
technologically, since they value the role of the UAE as of the main themes are climate and water, with
a solid East-West balancing partner along the Silk dedicated weeks when numerous international
Road. conferences will be held. The world will bring and

IndustrIal Plants - September 2021
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