The Kazakh-Italian business forum was held online

Nur-Sultan, June 9, 2021 – 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 Kazakhstan Mukhtar Tileuberdi and Minister of Foreign Affairs and International Cooperation of Italy Luigi Di Maio.

In his speech, Mukhtar Tileuberdi noted that since 1992, Italian companies have invested around 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.

The event was attended by approximately 600 Kazakh and Italian businesspeople.  Italian investors were presented with projects in sectors of the Kazakh economy including 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  direct flights between Milan and Almaty.  This air service should make a significant contribution to the development of business and tourism relations between the two countries.