CDP Equity: Strategic Partnership in Kazakhstan

CDP Group signed a preliminary cooperation agreement in the manufacturing and agricultural sectors with Kaszakhstan’s Samruk-Kazyna Fund and KazAgro holding company

Rome September 11, 2017

CDP Equity launches a new partnership for the development of productive plants in Kazakhstan. At the International Forum of Sovereign Wealth Funds in Astana, CDP Group signed a preliminary cooperation agreement with the Samruk-Kazyna JSC fund, which is committed to supporting the modernization of the Kazakh economy, and the KazAgro National Management Holding JSC, active in projects focused on agricultural development.

The agreement marks the beginning of a new partnership between the Italian companies in the CDP Equity portfolio and those held by Samruk-Kazyna JSC and KazAgro National Management Holding, with the aim of creating new production facilities for components of Kazakh oil & gas, food distribution, and agriculture 4.0. In the face of the new agreement, Italian and Kazakh companies will also evaluate the possibility of identifying new productions facilities using Made in Italy technologies.

The deal paves the way for a strategic partnership that supports the growth of the companies involved in CDP Equity in the manufacturing and agricultural sectors.

With the latest deal, CDP Group continues its mission of promoting the future of Italy by committing itself to high-value partnerships with prestigious international companies.