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Proger protagonist at the G7 Industry Stakeholders Conference

President Sgambati at the event organised by Confindustria and promoted by B7 Italy on the occasion of the G7 Development Ministers' meeting.

President Umberto Sgambati took part in the ‘G7 Industry Stakeholder Conference – Leaving no one behind: Industry for Development‘, the international event organised by Confindustria and promoted by B7 Italy, which took place in Pescara on 22 October to coincide with the G7 Development Ministers’ meeting.

This strategic event, opened by Deputy Prime Minister and Minister of Foreign Affairs Antonio Tajani, brought together the heads of international institutions such as the United Nations, the FAO and the European Investment Bank (EIB), as well as the top managers of global companies such as Eni, Ferrero, SAP, SNAM and Dompè, to discuss the issues of shared economic growth and public-private cooperation in order to face the major global challenges in the context of international cooperation.

Watch the full speech – click on the “CC” button to activate english subtitles


During the panel ‘Connecting Partners and Financing Sustainable Development’, President Sgambati stressed the importance of involving developing countries in the process of ecological transition because “if we stay within our own borders, we will not solve anything: as Europe, we account for 8-9% of world’s total CO2 emissions. We need to work with emerging countries, otherwise all our investments could be wasted“.

On the subject of technology transfer, Sgambati shared Proger’s experience of contributing to the sustainable development of emerging countries through strategic investment and the transfer of not only technology but also the skills needed to stimulate local growth and ensure sustainable development. Starting with a project to bring water and energy to rural villages in Africa, based on renewable sources and simple technologies, “where people need to be trained not only in the construction and maintenance phase, but also in the agricultural activities that can be developed“.

On a completely different scale, in terms of investment and the level of training of technicians, is the project in Egypt for a plant to produce second-generation bioethanol from sugar beet processing waste: “In this case, the technology is key, a technology from Versalis – Eni Group, for a project that will produce significant quantities of bioethanol, which will also be used for our petrol and for our transition“.
Finally, referring to Minister Tajani’s invitation to the entrepreneurs at the opening of the event to ‘think of some dreams to make come true in order to help the populations that suffer the most‘, Sgambati concluded: “A dream we all have, a moral obligation, but also an opportunity. But more than dreaming, and this is clearly from the point of view of an engineering company, we need to develop projects”.