New Agreement between SACE and Asian Development Bank to promote new projects for Italian companies
SACE, the insurance and financial group controlled by the Ministry of Economy and Finance, and Asian Development Bank, a multilateral development bank supporting sustainable, inclusive growth across Asia and the Pacific, signed today the first agreement on the occasion of the 58th ADB Annual Meeting in Milan at the presence of over 69 delegations from member countries, 5,000 stakeholders including ministers, international officials, representatives of multilateral banks, the private sector and civil society.
The agreement – signed by Michal Ron, Chief International Business Officer of SACE, and Roberta Casali, Vice-President for Finance and Risk Management – aims to increase Made in Italy exports to Asia and support private sector investments. SACE and ADB commit to promoting investments in high-impact projects in Asia and the Pacific, in strategic sectors for the expertise of the Italian supply chain.
"The collaboration between SACE and the Asian Development Bank marks an important step for Made in Italy exports to Asia and the Pacific. Through investments in high-impact projects, Italian companies will be able to leverage their technological and innovative know-how through concrete development opportunities - stated Michal Ron, Chief International Business Officer of SACE - We are determined to support these initiatives, which will foster economic growth and strengthen ties between Italy and Asia."