Miscellaneous SACE - 15 October 2018

SACE SIMEST (CDP Group) takes 40 SMEs of the oil & gas sector to Kuwait

Today marks the start of the business-matching mission to Kuwait for companies in the oil & gas sector, organized by SACE SIMEST (CDP Group) in conjunction with ICE-Agenzia and the Italian Embassy.

 

An intense program of meetings will bring the companies into contact with the procurement teams of the principal subsidiaries of Kuwait Petroleum Corporation and more than 25 other potential local partners. They will also participate in seminars on the legal and regulatory aspects essential for conducting business in the country.

 

The initiative is an offshoot of SACE's recent activity as part of its “Push Strategy”:  to support the awarding of contracts to Italian companies, SACE has guaranteed a €625 million line of credit for Kuwait National Petroleum Corporation (KPC group) associated with the organization of business-matching meetings for Italian companies.

 

The large number of participants was also facilitated by SACE's collaboration with SupplHI, a digital platform developed to promote the meeting of supply and demand by linking up suppliers and buyers of various industrial sectors.  

Documents

Download Press release - SACE-Kuwait
pdf 208 KB
Would you like more information?
Contact us +39 06.6736.888 [email protected]

Ultimi comunicati

Deals & Products SACE - 12 June 2024
SACE signs a Memorandum of Understanding with other major ECAs to Support Ukraine’s Recovery
The Parties aim to support Ukraine through a Framework of Cooperation, leveraging the potential of export credit and foreign direct investment support
Agreements SACE - 24 May 2024
SACE signs two financial agreements worth a total of € 400 million to boost Italian exports in Serbia
SACE, the Italian insurance-financial group controlled directly by the Ministry of the Economy and Finance, has signed two financial agreements worth a total of 400 million euros during the Italy-Serbia Business Forum. The event was attended by the Italian Minister of Foreign Affairs and International Cooperation, Antonio Tajani, and the Prime Minister of the Republic of Serbia, Milos Vučević.
Agreements SACE - 10 May 2024
SACE supports Italian companies in developing new projects in Iraq
The agreement between SACE and the Trade Bank of Iraq will support the development of the private sector in Iraq by promoting Made in Italy exports to the country, with a total value of 1 billion euros. Italian companies Danieli & C., FalorniTech, B2FIRMS, Tecno Electric with CSV Life Science Group and Bottero Spa have signed 5 agreements with Iraqi buyers - Muhaj Baghdad for General Trading Company; Al Masa Company; Keppt Investment; Al-Minhaj International Chemical Industries - for new potential projects worth a total of 775 million euros in key sectors for Iraq's economic diversification: pharmaceuticals, food and beverage, steel, and mechanical instrumental machinery. SACE is ready to support the export of Italian supplies and services to Iraq through its wide range of financial solutions