Khazanah and CDP Group collaborate for investment opportunities

From left: The Ambassador of Italy to Malaysia Massimo Rustico; CDP head of international markets development Laurent Franciosi, Khazanah executive director and head of private markets Geoff Lee Seng Chow and Italian deputy minister of enterprises and Made in Italy Valentino Valentini.

KUALA LUMPUR: Khazanah Nasional Bhd and Cassa Depositi e Prestiti Group (CDP Group) have entered into a non-binding memorandum of understanding (MoU) with a four-year term.

In a statement, the sovereign wealth fund said the MoU aims to explore and evaluate investment and cooperation opportunities primarily in the two markets.