Business Hub – Rome
Pasquale Salzano asserted, President of the Italian company Simest (CDP Group), The Mediterranean basin, in addition to the African continent, has become a pivotal and important role for the recovery of the global economy in the context of the reorganization of value chains on a global scale.
Salzano said, In the General Assembly of the Confederation of Italian Industries on the occasion of the organization of the conference “Rhythm of Africa and Strategy for the Middle East” in Rome that “infrastructure and communication are key words that should guide the path of sustainable investments and regional policies, Starting with cooperation in the energy sector, Semst and CDP Group are already working in this direction while promoting the internationalization of Italian companies, digital transformation and greenness to take full advantage of the region’s potential.”
He stressed that the role of Africa is constantly gaining value in the strategic planning of countries such as Italy, Also driven by the apparent growth of the continent’s future potential, It has also become an area of competition between powers.
He explained that the European Union was already ahead in thinking about forms of cooperation for development, many of which were included in the plans of the Global Gateway.
for his part, Italian Foreign Minister Antonio Tajani said that looking at Africa should not only think about migration but also a political strategy because the stability of the continent is as essential as its growth.
He made it clear that Italy does not look at Africa with a colonial perspective but with the aim of pursuing an Italian strategy with the Mate and European plan where there should be a great Marshall Plan.
Tajani expressed his conviction that the stability of Africa is crucial as the primary solution to the problems of the continent, which will have a population of between 2.5 and 3 billion people in 2050. He stressed the need for a short, medium and long term project in which Italy has what it takes to be a pioneer.
He stated that there will also be competition within the European framework, indicating that there is no fear of this matter and Rome has all the cards to be a leader in the African continent.
He considered that it is better to work as Europeans because there is more funding available and it is necessary to coordinate because the issue of relations is essential for all.
He touched on France’s strong relationship in Africa, But Italy has the ability to know how to relate to others and its position is a bit more flexible. Referring to the large participation of African and Mediterranean delegations in the Mediterranean dialogues held at the beginning of the month in Rome.
for her part, Confederation of Industries Vice President for Internationalization Barbara Beltrami said, Africa, the Mediterranean and the Middle East represent the basin of natural and fundamental interests of our “entrepreneurship system” and an area for the development of investment policies, trade relations and internationalization.
And she considered that the foreign mission of Italian companies is the cornerstone of “our economy and acquires strategic value at this stage of global uncertainty.”
She added that in order to meet the challenges posed by the African continent from the point of view of entrepreneurship “we need to create a system and to do this and an insurance tool that supports Italian companies that go to these countries” and focus on the “foreign mission” of Italian companies.
And she continued : We are also working very hard with institutions but we need to do more and I think Africa is an unknown continent that is booming right now.. We should have the strength to be able to go there.
from his side, The President of the Federation of African Mediterranean Industries said, Massimo Dalquico, Africa is the continent with the greatest growth potential in the world and as it becomes increasingly involved in value chains it will be able to strongly influence the development of global economies.
He stressed the need for Italy to restore its presence and competitiveness in the historical and strategic markets of the economy such as Libya, where the stability of all Mediterranean economies and the centralization of business development is necessary towards the sub-Saharan region.
He referred to the wide areas for the work of Italian companies in sub-Saharan Africa, whether for small and medium-sized companies or large companies, Pointing to “one common goal among all, which is to strengthen the role of Italian companies in these lands.”
He stressed the need for Italy to play a leading role by moving on several levels as well by increasing interest in the partnership between Europe and Africa.