internationalisation

Piedmont mission to Canada, aims to attract aerospace companies

More than 50 meetings for the Piedmontese delegation, which counts on the participation of the Region, Municipality, Chamber system and University

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

After Japan, it's Canada's turn. Piedmont is relaunching its internationalisation policies and choosing the country in the north of the American continent as the destination of the main mission abroad promoted by the Region. The industrial 'connections' between Canada and Piedmont are many, ranging from aerospace to life sciences via automotive. Among the objectives of the mission - in which, alongside the Region, the City of Turin, the Chamber of Commerce system, Ceipiemonte, the University, the Polytechnic, and realities such as the Bioindustry Park and the Aerospace District participate - is the attraction of new investments, as well as the strengthening of the international positioning of the regional production system.

The mission, structured in two stages - Montreal and Toronto - aims to consolidate trade relations with one of the most advanced markets and structurally related to highly specialised European supply chains. "Québec and Ontario are natural partners: advanced economies, with a strong integration between industry, universities and research centres, and with technological supply chains that are compatible and complementary to ours," points out the Councillor for Internationalisation and Investment Attraction, Andrea Tronzano.

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Piedmont proposes itself as a sort of 'gateway to Europe', with particular reference to its industrial ecosystem in two value-added sectors such as aerospace and the medical sector, and wants to make the most of the regional tools available to 'accompany companies on their path to establishment and growth'. These include calls for investment attraction, the third edition of the SWIch call, which targets companies that are not yet present in Piedmont, and the STEP call.

Until 16 April, there are more than 50 meetings on the calendar between Montréal. At the centre of the mission is the bilateral between the Region of Piedmont and the Minister of International Relations of the Province of Quebec, Christopher Skeete, which took place within the International Aerospace Innovation Forum in Montréal. Piedmont presented the region's opportunities and initiatives such as Aerospace & Defence Meetings Torino and VTM Vehicle & Transportation Innovation Meetings to Canadian investors. 'Aerospace is one of the main sectors in our investment attraction pipeline, with 100 cases under management, and the meetings on the calendar show that there is potential for further investment,' commented Dario Peirone, president of Ceipiemonte.

'The presence of the Piedmont Aerospace District at the International Aerospace Innovation Forum,' says Maurizio De Mitri, DAP president, 'is an opportunity to present our strategic sector. Québec is the largest aerospace hub in Canada and one of the three largest in the world (along with Seattle and Toulouse). The country alone accounts for more than 50 per cent of the revenues of the entire Canadian aerospace industry and almost half of the jobs in the sector. Canada has one of the most important aerospace industries in the world, among the top five countries globally in terms of revenue and employment in the sector.

The automotive sector is also on the mission map, given the strong roots of the industry in the area of Vaughan, Canada's automotive capital, which 'visited Turin last October,' as Massimiliano Cipolletta, president of the Turin Chamber of Commerce, recalls.

Industry, research and integrated supply chains, then. The focus of the Politecnico di Torino's mission to Canada is to promote the university's aerospace activities and, in particular, the Politecnico di Torino's nascent Interdepartmental Centre for Aerospace, IDEAS, which will work in close synergy with SMEs to make Piedmont's aerospace ecosystem even more competitive.

In particular, Ceipiemonte's Investment Attraction division currently manages more than 50 projects from Canada intercepted in the last few years alone, 'this mission will allow us to further consolidate existing ties and encourage new initiatives and partnerships in strategic sectors of common interest,' highlights President Peirone.

As the ninth largest economy in the world, Canada is an attractive market for Piedmontese companies: the trade interchange with Italia is 8.9 billion, with a positive balance of 3.7 billion. For Piedmont in particular, the balance is positive by 416 million with 619 million in exports and a total interchange of 822 million euro. Trade sales mainly concern food products (23%), means of transport (22.3%), and machinery and industrial equipment (20.5%), with a significant share (36%) concentrated in the Turin area.

On the investment front, Piedmont is currently home to five Canadian companies, divided into seven plants and about 1,600 employees, with a concentrated presence in the automotive, medical and packaging sectors. An evolving industrial rootedness, which goes hand in hand with the growing international projection of Piedmontese companies active in Canada - including Mecaer Aviation Group, Comau, Vibac, Ferrero, Eataly, Zegna, Damiani - and testifies to an increasingly dynamic and integrated bilateral relationship.

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