Sace – Iraq agreement for new development projects: Tecno Electric is among the protagonists

New horizons for made in Italy

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Sace promotes the presence of industrial made in Italy in Iraq

Main title of the news

On international markets, made in Italy does not only mean design, good taste or creativity, but also technology and innovation.

SACE, the insurance-financial group directly controlled by the Ministry of Economy and Finance, specialized in supporting Italian companies, knows this well, and for this reason has finalized a Framework Agreement in favor of the Trade Bank of Iraq with the support of the Ministry of Finance of the Republic of Iraq which involves several Italian companies operating in the plant engineering, technology and innovation sectors.

New horizons for made in Italy

The agreement between SACE and Trade Bank of Iraq will support the development of the private sector in Iraq by increasing Made in Italy exports to the country, for a total of 1 billion euros.

With the support of SACE, TECNO ELECTRIC has signed a memorandum of understanding with KEPPT INVEST for the construction, together with CSV life Science Group, of a new pharmaceutical plant in IRAQ

We at Tecno Electric are happy to be part of this initiative, and above all to be able to be “ambassadors” in the world of Italian skills and ability to innovate.