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Expo Osaka signs cooperation agreement with CDP, SACE, SIMEST

Expo Osaka signs cooperation agreement with CDP, SACE, SIMEST

To promote innovation, growth and internationalization

ROME, 14 June 2024, 14:55

ANSA English Desk



A cooperation agreement to plan and promote initiatives connected to the themes of Expo 2025 Osaka, with the objective of fostering innovation, growth and the internationalization of Italian companies has been signed by different companies of the CDP Group, SACE and the Commissioner General for Italy at Expo Osaka 2025 Mario Vattani.
    The upcoming universal exposition is a key occasion to connect creativity and industry, art and labour through the illustration of the technological evolution of production processes developed by the Italian industry connected to the CDP Group.
    In detail, State investment company Cassa Depositi e Prestiti, CDP Venture Capital, subsidiary SIMEST, insurance company SACE and the Commissioner General of Section for Expo 2025 Osaka intend to promote the participation of the Italian entrepreneurial and industrial system in Expo 2025 Osaka, with a particular focus on businesses already present or with a strategic interest in the Asian-Pacific area.
    At the same time, the agreement aims to identify projects, companies and innovative practices considered as strategic in the territory affected by the event and promote Italy's participation in Expo 2025 Osaka at a national and international level.
    In particular, CDP, CDP Venture Capital, SACE and SIMEST will cooperate to pursue the following objectives: promote financial support tools aimed at strengthening economic partnerships and enhancing commitment in the cooperation for development and climate finance; favour opportunities for the growth of exports and direct foreign investments between the Italian entrepreneurial system and countries in the Asian Pacific area through the platform of the CDP Group Business Matching; implement activities of promotion of the Italian system of innovation, involving companies, investors and startups to create new opportunities of internationalization and attraction of international investors; contribute to the promotion of Italian enterprises in the art and business culture fields within the Italian Pavilion at Expo Osaka, through the exhibition of artwork, installations and stories recounted through texts and multimedia initiatives.
    Specifically, SACE will favour the concession of funding for companies taking part in Expo 2025 Osaka, through the release of SACE Guarantees warranted by the Italian State with a procedure that is dedicated to them; access to insurance-financial products including advances on loans deriving from contracts of provision for the Pavilion and insurance coverage for the transport, installation and process of securing materials and productions.
    The Commissioner General of Section for Expo 2025 Osaka will offer CDP, CDP Venture Capital, SACE and SIMEST full support for the development of activities provided for by the protocol, giving maximum visibility to the events and initiatives promoted.
    "The agreement with Cassa Depositi e Prestiti (CDP) and SIMEST has an important role in our participation in Expo 2025 Osaka", explained the Commissioner General for Italy at Expo 2025 Osaka Mario Vattani. "The Italian Pavilion is not just a physical platform, an exhibition space: it is also the centre of a network of partnerships that support companies, startups, institutions and territories of Italy in their process of internationalization. Our objective is to update Italy's image in the world, presenting ourselves at a global appointment supported by a solid system of institutional and industrial collaborations that strengthens our credibility, helping our enterprises enter Asia and favouring investment opportunities".


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