
The key sectors for investment are named as agriculture and digital technologies
At the international business forum on agro-innovation held in Tashkent, Guglielmo Picchi, president of the Italian export credit agency SACE, announced plans to increase financial support for projects in Central Asia, including the agricultural sector.
SACE is a state organization that is part of the financial group Cassa Depositi e Prestiti, and it deals with insuring export credits, as well as providing guarantees and assisting Italian companies in entering foreign markets. This agency plays an important role in promoting Italian businesses abroad.
Picchi, who previously served as Deputy Minister of Foreign Affairs of Italy, is responsible for the agency's international direction and the development of cooperation with other countries.
According to him, SACE's portfolio in Central Asia currently exceeds 2 billion euros; however, the participation of the agricultural sector in this portfolio is still minimal. Therefore, agriculture is considered one of the priority areas for future investments.
He also added that by 2026, the agency plans to provide financing guarantees amounting to up to 74 billion euros, aimed at reducing risks for businesses and stimulating investment activity.
Among the main tasks are the development of joint projects, integration of companies into international economic systems, and increasing the presence of Italian businesses in the region.
According to the head of the agency, Central Asia has great potential for cooperation, primarily in the fields of agro-industrial complex, digitalization, and the implementation of modern technologies.
SACE also noted its readiness to facilitate attracting investments and expanding export opportunities, viewing this region as one of the promising areas for long-term partnership.