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INNOVATION AND SECURITY: ITALIAN AEROSPACE AND DEFENCE SYSTEMS ON SHOW IN CHILE
Civil and military aviation, equipment and maintenance systems for airports, space technology and homeland security: all this is on show at Fidae 2014 .
Dedicated to the entire aerospace industry, this event ranks as the most important of its kind in Latin America, alongside the Laad fair in Rio de Janeiro.
Fidae 2014 will be taking place in Santiago from March 25th to 30th, and Italy will be in attendance with a collective organised by the Italian Trade Promotion Agency (ICE).
Modern ultra-light tourist aircraft, made entirely from carbon fibre, water-tight containers which ensure maximum protection during the transportation of professional equipment, and the very best solutions, systems and products in the field of defence, will all be on show in the area dedicated to the Italian civil and military aviation sector.
The offering will range from interception techniques for use in law enforcement operations, to surveillance systems for high-risk areas, and from self-protection solutions for platforms in hostile zones, to devices for monitoring electromagnetic scenarios.
There will also be space in the Italian section for various start-up companies and highly specialised SMEs, which constitute a group of industries focusing on applications, products and processes, well able to respond to foreign demand.
The Italian aerospace industry plays a dynamic role in the country’s economy, and is identified as one of the high-tech sectors able to produce innovative developments which generate positive effects in other areas of industry. Currently, the Italian aerospace industry is ranked fourth in Europe and seventh in the world, boasting a global reach. Revenue from activity carried out in Italy has risen to 13 billion Euros, of which 7 billion relates to exports, and the turnover just for the space vehicle sector and associated services amounts to 1.4 billion Euros.
In summary, this represents a huge legacy of high-quality innovation and technology, which visitors to the Chilean exhibition will have the opportunity to explore.
Indeed, the Chilean market continues to play an important role for the sector, with Italian exports amounting to US$7.39 million in 2012, and Italy ranking third amongst suppliers to the country, with a market quota of 9.92%.
The building of new airports, or the refurbishment of old ones, has created new interest for Chile, leading to contracts worth US$250 million and 30 agreements for technological cooperation during the course of Fidae 2012.
Chile is a nation characterised by the stability of its political, institutional and economic framework, and by its considerable openness to international markets. Its financial structures, and in particular the banking system, is highly developed and fully in line with international standards. According to the Ernst &Young “Globalisation Index 2012”, the country ranks as the most globalised economy in Latin America, occupying 28th place at world level amongst 60 countries examined (falling back 3 places from 2011, despite a slight improvement in its total score).
Chile is particularly attractive for international economic players: as a signatory to various free trade agreements, it provides a platform from which to access some very important economic and commercial areas, such as those in the Asia-Pacific region.
Despite the relatively small size of its domestic market, this network of openings to world trade means that Chile has a potential catchment of 3.5 billion people.