Foreign investments as levers for regional development

Conference in Belluno, Wednesday 8 May 2024 at the Chamber of Commerce. Authoritative university professors and territorial economic actors discuss the topic

Courses and conferences - published on 06 May 2024

Source: press office of the Chamber of Commerce of Treviso - Belluno|Dolomites


Belluno, 3 May 2024 – On Wednesday 8 May at 3 p.m. in Belluno, at the Chamber of Commerce, the conference ‘Foreign Investments as Levers for Regional Development’ will be held.

The event marks a significant step in the research on ‘Complex Eco-systems’ entrusted by the Economic and Social Observatory of Treviso and Belluno to Ca’ Foscari University of Venice.

Professors from national and international universities, including the London School of Economics, Trinity College Dublin, the University of Brescia and Ca’ Foscari University of Venice, will present research findings on how foreign direct investment can be a powerful development factor for the economy of territories, helping to create skilled jobs and promoting technological and managerial innovation in the production network.

These topics will then be addressed in the context of industrial policy during the round table that will conclude the conference, which will be attended by the President of the Chamber of Commerce of Treviso-Belluno | Dolomites and Assocamerestero Mario Pozza, representatives of the local economy and the Regional Councillor for Economic Development, Roberto Marcato.
Speakers will include Andrea Ferrazzi, director of Confindustria Belluno Dolomites, Corrado Facco, CEO of Certottica Group, Claudia Scarzanella, President of Confartigianato Belluno, and Franco Conzato, Special Prosecutor of Venicepromex, the internationalisation agency of the Veneto Chamber system. In their various roles, they will be asked to reflect on the capacity of an area to attract and retain quality investments, leveraging multiple dimensions: high training and attraction of young talent, innovative companies, evolved systems of supply chain governance, efficient public and private services, and an integrated range of socio-cultural and residential services.

This conference,’ highlights President Mario Pozza, ’will lead us to reflect on how territories must work together to be all-round attractive: not only by leveraging historical manufacturing skills, but by investing in knowledge and training, promoting technological and managerial innovation in the production network.

In Italy, the presence of companies with foreign capital is still modest: in fact, it involves 12% of total employment in private companies, compared to 20% in Germany and 25% in France. However, this is a phenomenon that, in terms of employees involved, has increased from 2015 to 2021 by 27%, and in Veneto by as much as 45%, signalling interest in acquisitions of companies with manufacturing skills and significant growth potential.

Consolidating and anchoring the multinational presence to the territory therefore becomes a strategic objective of industrial policy.

The conference will include three scientific speeches.
In the first speech Marco Mutinelli, professor at the University of Brescia, will present the updated picture of the economy and geography of foreign holdings in Italian companies, with a focus on Veneto. Riccardo Crescenzi, professor at the London School of Economics, will present the results of research on the attraction of foreign investments in European regions and will highlight how the positioning of territorial supply chains in global value chains can be best exploited to support innovation and development in a changing geopolitical and economic landscape. Finally, Giulio Buciuni, lecturer at Trinity College Dublin, will propose an analysis on the role that multinational companies can play in the creation of innovative enterprises, thus further contributing to rooting growth in the territory.

The event is part of the Europe Direct Montagna Veneta initiatives, promoted by Gal Prealpi e Dolomiti and the Chamber of Commerce of Treviso-Belluno|Dolomites.

Matteo Aguanno, Director of the Europe Direct Montagna Veneta centre of the GAL Prealpi e Dolomiti:’ Once the Europe Direct centre, operating at the headquarters of the GAL Prealpi e Dolomiti, has received the annual approval of the communication plan from the European Commission, it is required to work on a selection of strategic priorities proposed throughout the year. This workshop is part of that priority, where the public of the Veneto mountains will be able to explore the issue of the competitiveness of European industry and the role of multinationals in favour of the development of new entrepreneurship in mountain areas, through the analysis of data and studies, presented by university professors, and reflect on the different points of view that will emerge from the round table. This Europe Day,’ Aguanno concludes, ’is the fruit of an invaluable synergy activated with the Chamber of Commerce of Treviso-Belluno|Dolomites, which we intend to continue and intensify, travelling together along the various paths that may be useful for the development and relaunch of the area where we live and work.

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