Rome, 18 January 2024 – During the Italy-Kazakhstan Business Roundtable, MAIRE and the Sovereign Wealth Fund «Samruk-Kazyna», JSC (hereinafter – Samruk-Kazyna) signed a Memorandum of Understanding (MoU) aimed at reinforcing their cooperation in the energy transition, in the framework of the friendly relations between the Republic of Kazakhstan and the Republic of Italy.
The signing ceremony was held at la Farnesina, in Rome, between Mr. Nurlan Zhakupov, Chairman of the Management Board of Samruk-Kazyna and Mr. Alessandro Bernini, MAIRE CEO, at the presence of Mr. Kassym-Jomart Tokayev, President of the Republic of Kazakhstan and Antonio Tajani, Vice-President of the Council of Ministers and Minister of Foreign Affairs and International Cooperation of the Italian Republic.
Under the terms of the MoU, the parties will establish a working group to evaluate business and investment opportunities. The technical team will explore economic partnerships to promote and facilitate investments within the Republic of Kazakhstan in the field of decarbonization and energy transition, oil and gas, chemical, petrochemical and fertilizer projects.
Moreover, MAIRE plans to strengthen the local technical organization to actively participate to the execution of the ongoing and future projects as well as to conduct joint seminars, conferences, training programs to be held both in the Republic of Kazakhstan and in Italy.
Alessandro Bernini, CEO of MAIRE, commented: “This MoU represents the combined efforts and commitment of Italy and Kazakhstan to work together to pave the way to investment opportunities in the relevant industries of cooperation. Our Group is also pleased to contribute to the training of new skills and professions as one of the enabling factors of the energy transition”.