The aim of this study is to estimate the socio-economic impact on the local area of the construction of the Human Technopole, the transfer of the University of Milan and the transfer/expansion of an IRCCS (Institute for Treatment and Research) hospital complex in the areas which in 2015 were the site of the Universal Exposition.

Report Arexpo 2017

The first big park for research, knowledge and innovation in Italy on the model of what already occurs in many countries around the world in order to unite important public functions with private scientific projects: this is the aim of the territorial transformation plan for the former Expo area, the object of the research carried out by The European House – Ambrosetti, presented on Saturday, 8 April 2017 at Villa d’Este on the occasion of the 28th “The Outlook for the Economy and Finance” Workshop.

The project, coordinated and directed by Arexpo SpA, aims to create a pole of European and world excellence in Italy in the fields of life sciences, healthcare, biotechnologies, pharmaceuticals, agrifood, nutrition, data science and big data.

In this sense, the aim is to evaluate how the three initial facilities (Human Technopole, university and hospital) are essential for the overall attractiveness of the area and for the success of the initiative, designed to constitute a pole of international attraction in the life sciences in continuity with the paradigm and spirit of Expo2015.

This document wishes to present, in a rigorous, clearly comprehensible manner, the analyses carried out and the results obtained. It also reports the recommendations to maximize the valorization of the initiative.

A study we carried out by means of a questionnaire sent to the more than 360 members of the Ambrosetti Club, representing the top management of national and multinational groups and enterprises operating in Italy in all sectors typical of the Italian economy, shows that over 70 per cent of interviewees consider the Area attractive for locating research activities (already existing or future) with regard to their sectors of reference.

the complete Report (It.)

“It is important to proceed without delay in the implementation of the project, ensuring that the additional building capacity of the Area is used consistently with the objectives and the aspirations of the initiative so as to become a point of reference also for other projects which may arise in the near future. The breadth and vastness of the spin-offs depend on the ability of the actors involved, from public administrators to investors to the world of research, to continue to work as a system also in the near future,” says Enrico Giovannini, Full Professor of Economic Statistics at the University of Rome “Tor Vergata”, former President of ISTAT, Minister of Labour and Social Policy, and Research Advisor.

The interest surrounding the initiative is very high, says Giuseppe Bonomi, CEO of Arexpo SpA, “because it is a one-of-a-kind project in Italy which has the ambition of realizing a true research, knowledge and innovation hub that will help close the gap that still divides us from our competitors. With their presence on the Area, the Human Technopole, the university and an IRCSS-level hospital institute will attract significant private investment from leading national and international companies. The Ambrosetti Research confirms the value of this project in both economic and employment terms.”

Press Conference – April 8, 2017

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