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ASTANA (TCA) — The 8th meeting of the Intergovernmental Kazakh-Italian Working Group for Industrial and Economic Cooperation and Exchange and an Italy-Kazakhstan business forum took place earlier this month in Rome, with the support of Kazakh Invest national company for investment support and promotion. The Kazakh delegation also included representatives of the agrarian sector, who studied the Italian experience of crops cultivation, discussed ways to develop joint investment projects, and visited Italian agricultural enterprises. Continue reading
ASTANA (TCA) — The 8th meeting of the Kazakh-Italian Intergovernmental Working Group for Industrial and Economic Cooperation and Exchange (IWG) was held in Rome on February 16, the official website of the Prime Minister of Kazakhstan reported. Continue reading
ASTANA (TCA) — Kazakhstan’s sovereign wealth fund Samruk-Kazyna JSC and KazAgro national management holding and Italy’s CDP Equity S.p.A. signed a Preliminary Agreement of Cooperation during the 9th annual meeting of the International Forum of Sovereign Wealth Funds (IFSWF) in Astana on September 6. CDP Equity (previously Fondo Strategico Italiano) is a holding company with share capital of $3.5 billion, aiming to boost the Italian economy by investing equity capital in companies of major national interest. CDP Equity's majority shareholder is Cassa depositi e prestiti S.p.A. (CDP Group), which is controlled by the Italian Ministry of Economy and Finance. The Agreement establishes cooperation between portfolio companies of Samruk-Kazyna and KazAgro and leading Italian companies for creating new production facilities in manufacturing and agricultural industries in Kazakhstan, Samruk-Kazyna said. CDP Group owns shares of large Italian companies across various industries, including manufacturing and agricultural fields. Under the first stage of the agreement, the Italian and Kazakh companies will look at the possibility of localizing new productions using Italian technologies. "The document signed today is another step towards expanding our partnerships with the sovereign wealth funds of other countries. Our work with CDP Equity and the subsequent implementation of investment projects will have a multiplier effect on the economy of Kazakhstan and will facilitate the transfer of technology and create new job opportunities in the country,” said Umirzak Shukeyev, CEO of Samruk-Kazyna JSC. On the Italian side, the Memorandum was signed by Guido Rivolta, CEO of CDP Equity S.p.A., who noted: “This is the beginning of an important collaboration that will boost growth and prosperity of both economies. This Preliminary Agreement of Cooperation highlights a long-term partnership with the purpose to increase development of our respective portfolio companies.”
ALMATY (TCA) — An Italian delegation of managers of large Italian companies Carmet, Brio, Longo, Infortrade Srls, and Infortrade has arrived in the Almaty region to discuss business projects in the region, the Atameken National Chamber of Entrepreneurs of Kazakhstan reported on April 6. Continue reading
TASHKENT (TCA) — Representatives of Italian company Zanotti have held talks with businessmen involved in harvesting and storing fruit and vegetables in Uzbekistan’s Namangan, the Jahon information agency reports. Continue reading
ASTANA (TCA) — Kazakhstan’s Deputy Prime Minister and Minister of Agriculture Askar Myrzakhmetov on November 17 met with representatives of transnational agro-industrial company Inalca Eurasia, a member of Italy's Cremonini Group, to discuss its participation in the investment project on the creation of a meat cluster (feedlots, meat-packing plants, distribution centers) in the Almaty region, the official website of the Prime Minister of Kazakhstan reports. Continue reading
