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The Kazakh-Italian business forum was held online

The Kazakh-Italian business forum was held online

Prospects for investment cooperation and opportunities for cooperation in the fields of green economy, agriculture and industrialization were discussed at the Kazakh-Italian business forum.

The event was organized by the foreign ministries of the two countries with the assistance of the General Confederation of Italian Industry «Confindustrie», the ICE Agency, the national company «KAZAKH INVEST» and the National Chamber of Entrepreneurs «Atameken».

The Forum was opened by Deputy Prime Minister-Minister of Foreign Affairs of the Republic of Kazakhstan Mukhtar Tileuberdi and Minister of Foreign Affairs and International Cooperation of the Italian Republic Luigi Di Maio.

In his speech, Mukhtar Tileuberdi noted that since 1992, Italian companies have invested about 9 billion US dollars in our country and today more than 270 enterprises with Italian capital are successfully operating in Kazakhstan.

The contribution to the Kazakh economy of the Italian multinational company «ENI», which has been present in our country since 1992 and has implemented a number of important projects in the oil and gas sector, was particularly noted. At the same time, in recent years, Kazakhstan has successfully implemented new projects in the field of renewable energy sources, such as the construction of a wind power plant in the Aktobe region and the start of construction of a solar power plant in the Turkestan region.

Also during the online meeting, the Chairman of the Management Board of «NC «KAZAKH INVEST» JSC Meirzhan Yussupov spoke in detail about the support measures provided by the national company «KAZAKH INVEST» to foreign investors in the implementation of investment projects. 

«Our organization is a single national operator for supporting investment activities, providing a full range of services for investors. For potential investors, we provide comprehensive information about the country, as well as industry reviews and, importantly, specific investment projects prepared by our team. In addition, we organize targeted visits of investors to Kazakhstan. We arrange meetings with state authorities and local self-government bodies. We have representatives in all regions to help localize projects locally, as well as a network of foreign representatives. An important part of our work is to establish business contacts, we help to find a strong local partner», - said Meirzhan Yussupov.

The event was attended by about 600 Kazakh and Italian businessmen. Italian investors were presented with projects in such sectors of the Kazakh economy as the agribusiness, renewable energy sources, mechanical engineering and others. 

In turn, foreign investors welcomed the planned launch in the near future by the Italian company «NEOS» of a direct flight between Milan and Almaty. This air service should make a significant contribution to the development of business and tourism relations between the two countries.

Source: Ministry of Foreign Affairs of the Republic of Kazakhstan

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