1. Korea – Italy Business Forum Seoul Apr 18, 2007
Investment Opportunities
emerging from the
Korea – Italy Industry Workshop
Seoul Apr 17, 2007
Riccardo Gallo, Chairman of IPI
(Italian Institute for Industrial Promotion)
Riccardo Gallo - Ipi (Italy)

2. Riccardo Gallo - Ipi (Italy)
Main features of
the Italian productive system
Entrepreneurship
Quality of products
Strong identification with Made in Italy industries
Industrial clusters
Export oriented enterprises
Market niches specialization
Riccardo Gallo - Ipi (Italy)

3. Made in Italy key-factors
Specialization and internationally recognized excellence in traditional systems:
Fashion (textile, clothing, shoes, bags, glasses, jewellery, accessories)
Home (furniture, light, tile and ceramic)
Food (agro-industry and transformation)
Also defined as Italian life-style: distinctive elements find roots in our history and culture
Individual features: creativity, design, luxury, taylor made and continuous product innovation
Riccardo Gallo - Ipi (Italy)

4. Italian exportations prices’ trend
Riccardo Gallo - Ipi (Italy)

5. Italian exportations prices’ trend
Possible reasons for this trend, among others:
an intra-sectoral wide turnaround, followed by:
a falling out and/or a transfer abroad of less efficient enterprises or of their single phases
a qualitative upgrading of remaining productions
a shifting of many Made in Italy districts towards both products for final consumption and machinery for manufacturing
Frequent presence of the machinery and equipment industry related to the sector as a source of continuous innovation
Riccardo Gallo - Ipi (Italy)

6. The Made in Italy System
A new value chain as an integrated system:
Living, Wearing, Eating
But also and overall:
The Machine Industry, which has high
competitiveness and, at the same
time, is growing pushed by the market
demand of Made in Italy
Machines and systems able “to match
tech know-how with creative
eclecticism”
(Mr. A. Delachi, Federmacchine –
Federation of 10 Italian Associations
of Manufacturers of capital goods)
Riccardo Gallo - Ipi (Italy)

7. Machine Industry for Made in Italy
Riccardo Gallo - Ipi (Italy)

8. The Italian Textile Machinery Industry
Italy: 2nd global exporter of Textile Machinery (TM), with 11% of market share (2005)
China: the main country that Italy provides with TM
Italian TM producers:
specialized in every single stage of the Mftg cycle
highly innovative in the widest market segments range
(Mr. G. Sora, Association of Italian
Textile Machine Manufacturers)
Riccardo Gallo - Ipi (Italy)

9. Korea – Italy: Machine Industry and Hi-Technology
The Italian Machine Industry’s aims in Korea:
to improve its own sales
to develop co-operation with Korean partners
by a model (why not?) similar to the ST-Hynix successful one
with Korean government aid, for instance in terms of: tax incentives, R&D and technical training funding, business match making and technical standards setting
(Mr. R. Sirtori, ST VP CFO Asia)
Riccardo Gallo - Ipi (Italy)

10. Korea – Italy: Neo-renewable Energy
The Renewable Energies Industry is moving its first steps both in Korea and in Italy:
Italy’s policies are defined at EU level
Korea offers a direct relationship to Italy
As Energy represents one of the most important limits to economic and social development of the world, a direct relationship between Korea and Italy cannot conflict with the membership of Italy in the EU
(Mr. S. Taglienti, Italian National Agency for New Technologies, Energy and the Enviroment)
Riccardo Gallo - Ipi (Italy)