Egypt participates in global manufacturing summit in Dubai

Doaa A.Moneim , Monday 22 Nov 2021

The fourth Global Manufacturing and Industrialisation Summit (GMIS 2021) kicked off on Monday in Dubai amid the activities of EXPO Dubai 2020.

GMIS2021
The Global Manufacturing and Industrialisation Summit in Dubai on Monday 22 November, 2021. Al-Ahram

The summit will conclude on 27 November.

Egypt is taking part in the GMIS, with Minister of Information and Communication Technology Amr Talaat attending on behalf of President Abdel-Fattah El-Sisi.

The GMIS is bringing together leaders from the global manufacturing and technology communities to discuss and shape the future of manufacturing, especially amid the ongoing coronavirus challenges. 

The 70-session event is gathering over 45 UAE policymakers and industry leaders, more than 250 international speakers, and 500 participants. 

The GMIS is co-chaired by the UAE’s Ministry of Industry and Advanced Technology and the United Nations Industrial Development Organisation (UNIDO). 

This is the second time the UAE hosts the summit. The inaugural edition was organised in Abu Dhabi in 2017. The GMIS is held under the patronage of the UAE’s Vice President, Prime Minister, and Ruler of Dubai Mohamed bin Rashid Al Maktoum.

The summit aims to place manufacturing at the heart of economic regeneration and government policymaking and utilise technology as a tool for global cooperation.

Green and digitalisation in the forefront of discussions

Green transition, digital transformation, supporting small and medium-sized enterprises (SMEs), and bridging the finance gap they face in the Middle East are the key subjects the summit is tackling.

The GMIS is held under the theme “Rewiring Societies: Repurposing Digitalisation for Prosperity” and discusses the role the fourth industrial revolution can play to enhance productivity across the manufacturing ecosystem and create shared value for organisations and society with the ongoing efforts all countries are making to recover from the repercussions of the COVID-19 crisis. 

“We are pleased to host the fourth edition of the GMIS in the UAE, as this step comes in line with the UAE leadership’s vision to strengthen international cooperation and support initiatives that drive industrial progress. We are confident that hosting the summit alongside Expo Dubai 2020 will give impetus to this important event that promotes cross-border collaboration to shape the future of industries and contribute to global economic growth,” said the UAE minister.

Bin Rashid asserted the importance of cooperation between the various parties concerned with the growth and progress of the industrial sector, including government agencies responsible for legislation and laws regulating the industrial sector, industrial companies, technologists, and investors, in order to participate in the global dialogue aimed at improving the role of the industrial sector and enhancing its contribution to achieving sustainable development and economic prosperity, in both developed and developing countries.

Director General of UNIDO LI Yong said that the future of manufacturing must be inclusive, create feasible mechanisms, and allow women, young people, SMEs and developing countries to claim a fair stake in the era of the fourth industrial revolution.

Tour in STRATA

On the sidelines of the event, Ahram Online took a tour of Mubadala's Manufacturing PJSC (STRATA) facility.

Mubadala’s total investments amount to $243.4 billion across over 50 countries globally, including Egypt.

During the tour, CEO of STRATA Ismail Abdullah told Ahram Online that COVID-19 was like a storm that hit the aviation industry, adding that it is the hardest shock the industry has received in 100 years.

“During the first wave of the pandemic, we had to set the production plan up to four times per day instead of once a month; especially that we have to meet the deadline dates of deliveries for the customers,” he said.

Abdullah expects the global aviation industry to recover from the pandemic crisis and to approach the 2019 performance level by 2024 as vaccination campaigns expand globally.

“The world will not be able to bear another lockdown because of the pandemic and its variants that are emerging. The world must keep going forward despite the challenges,” he added. 

STRATA plans to diversify its operations by entering the digitisation industry and pharmaceutical field through producing specific components to the sector, Abdullah stated. 

He added that Solvay, an international Belgian Schemical company, and STRATA signed recently a joint venture agreement for the UAE’s first aerospace materials joint venture to supply Boeing 777X, adding that the production is anticipated to start by 2022.

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