Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Riyadh Metro to begin partial operations next Wednesday: Report    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



UNIDO, GOIC sponsor Global Value Chain Market platform
Published in The Saudi Gazette on 06 - 02 - 2017

THE Global Manufacturing and Industrialization Summit (GMIS) announced Sunday details of one of the Summit's showcase events, the Global Value Chain Market (GVCM), which is designed to bring businesses together by facilitating matchmaking and trade opportunities throughout the manufacturing sector.
Supported by the United Nations Industrial Development Organization (UNIDO) and the Gulf Organization for Industrial Consulting (GOIC), GVCM is a business matchmaking platform dedicated to increasing regional and international partnerships and opportunities. The platform will provide networking and sourcing opportunities both online and onsite via pre-scheduled meetings with the vision of forging investment opportunities, commercial partnerships, and encouraging technological transfer and know-how. Additionally, GVCM will enable countries to identify and meet with global manufacturers to promote industrial development, and familiarize global manufacturers with targeted industrial activities in various countries, as well as becoming a source of valuable information for global investments, providing insights on legislation and regulations, sovereign risk, political stability, and physical and logistical infrastructure.
GVCM will be hosted by the Global Manufacturing and Industrialization Summit, which is the world's first global gathering for the manufacturing community, bringing together governments, civil society, and innovators to put together a vision on the future of manufacturing. To be held on March 27-30 at the Paris-Sorbonne Abu Dhabi, the Global Manufacturing and Industrialization Summit will bring together global decision-makers to plot a path for transformational manufacturing.
As strategic partner, ZonesCorp, the largest operator of purpose built industrial zones in the UAE, has significant expertise in bringing companies together for major investment projects. Its economic zones currently house over 600 manufacturing facilities that are home to some of the world's leading industrial players in a variety of sectors.
Saeed Eisa Mohammed Al Khyeli, Director General of ZonesCorp, said: "The summit's mission is well aligned with our own and we are pleased to be the strategic partner for the GVCM. ZonesCorp operates a unique ecosystem of companies that are organized into vertically-integrated clusters that bring upstream and downstream companies together. As such, we have a unique understanding of the value chain and efficiency benefits that can be gained from an integrated and collaborative approach. Using this highly successful model we continue to diversify and encourage new areas of manufacturing growth on our acreage, such as biotech, pharmaceuticals, agriculture, food and beverage and SMEs."
The world's leading event organizer, Reed Exhibitions, has joined the Global Manufacturing and Industrialization Summit team as a Partner to launch the GVCM platform, assisting the business community to connect and expand.
Ludovica Alcorta, director of the development policy, statistics and research branch of the United Nations Industrial Development Organization (UNIDO), an organizer of the Global Manufacturing and Industrialization Summit, said: "Platforms that encourage and support open investment and opportunities, such as the Global Manufacturing and Industrialization Summit and the Global Value Chain Market, are invaluable to the development of the manufacturing sector. They enable companies to successfully navigate the increasingly complex global market thereby enabling technology transfer and cross-collaboration, and routing new investments to different parts of the world. UNIDO has developed two distinct entities to aid businesses along this path – the Subcontracting and Partnership Exchange, and the Investment and Technology Promotion Offices Network."
The Global Value Chain Market will also connect regional manufacturers with their counterparts from different countries, investors and international businesses. It will create exclusive networking experiences that will empower participants to establish new commercial partnerships, promote technological transfer and explore investment opportunities within the region, while enabling entities to work together towards setting new standards for sustainability and global development.
Abdul Aziz Al Aqeel, Secretary General to the Gulf Organization for Industrial Consultation (GOIC), said: "There is a pressing need for a platform such as the Global Value Chain Market. The Middle East is ripe with opportunity for the manufacturing and industrialization sector, and connecting key players in this crucial economic period that seeks diversification is imperative. In the GCC market, young businesses are pioneering new technologies alongside established powerhouses. Communication between old and new industries and across geographies will become key to growth over the next decade."


Clic here to read the story from its source.