During the official visit of the Italian Prime Minister, Mario Monti, to Qatar an investment pact was signed between the Fondo Strategico Italiano (FSI) and Qatar Holding LLC for the founding of a joint-venture called the “IQ Made in Italy Venture”. Qatar stated that it is ready to contribute to the development of, and even invest in, companies which work in the “Made in Italy” sector, including food and distribution companies, in addition to others which make up the excellence of the country’s manufacturing label.
After meeting with the Prime Minister of Qatar, Monti stated that “the entrance of foreign capital into companies under the Made in Italy banner is an acknowledgement of the rebalancing of Italy’s public spending, as well as the reforms that have been set in place. Qatar is ready to make this investment which will have an immediate effect on the growth of Italian exports.”
The Cassa Depositi e Prestiti (CDP) group, stated in turn that it was ready to finalise similar co-investment agreements both with FSI, as well as through other instruments. Moreover, this operation strengthens its position as a long-term investor in international markets.