On 15 June 2021 UNIDO ITPO Italy hosted an online ceremony to celebrate the partnership agreement signed between the Italian company Eemaxx Engineering and the Kazakh JSC “Electric power and energy saving development Institute”.

This milestone is the result of the multiple activities, B2B meetings and follow-ups facilitated by UNIDO ITPO Italy during and after its “Investment and Matchmaking Forum on Energy and Environment”, organized with the support of the Italian Ministry of Ecological Transition in the framework of the project “Fostering international partnerships between companies and/or institutions operating in the energy and environment sectors”.

Kazakhstan is a strategic economic partner of Italy, and also a key player in the region of central Asia, which paves the way for industrial partnerships in the energy and environment sectors, thanks to the Italian expertise in the field and the great potential of the Kazakh market.

In this direction, this Memorandum of Understanding officially sets off the collaboration between an important national Kazakh institute and the Italian private sector in the field of energy efficiency, with the goal of promoting the application of circular-economy models and the transfer of innovative technologies and know-how for a green transition in Kazakhstan.

Insight

More into detail, this Memorandum will set the basis for specific targeted interventions, such as: the selection of potential projects (both public and private) to assist the energy efficiency and environmental protection efforts of the Republic of Kazakhstan; the consideration and formulation of investment model schemes for project realization; the development of recommendations for the Kazakhstan side on the efficient use of energy and heat supply of industrial enterprises; and the exchange of all possible and necessary information among the Parties.

The “Investment and Matchmaking Forum on Energy and Environment” – which represented UNIDO ITPO Italy’s first matchmaking event successfully hosted online during these challenging times of Covid-19 pandemic – notably featured the participation of 10 Kazakh companies, among many other participants from Italy and six partner countries of the project.