Foreign Ministry’s News Alert: ASEAN Power Grid – Event at the Foreign Ministry For Presenting The Regional Initiative

The Undersecretary of State for Foreign Affairs, Massimo Dell'Utri, participated in the event organized at the Foreign Ministry for presenting the ASEAN Power Grid, a $700 billion regional initiative aimed at strengthening electricity generation and interconnection among Southeast Asian countries, fostering cross-border energy trade, energy security, and the green transition.

During the event, the ASEAN Deputy Secretary-General for the Economic Community, Satvinder Singh, outlined the opportunities for Italian companies in the sector, while ITA, Cassa Depositi e Prestiti, and the Asian Development Bank shared the financial tools and support mechanisms available to companies interested in participating in ASEAN Power Grid-related projects, highlighting the support and market access options for the economic operators involved.

The initiative provides significant opportunities for Italian companies to expand into high-growth and high-potential markets - as already outlined by Minister Tajani in the Growth and Export Plan launched in 2025 - and to participate in strategic infrastructure projects in the sectors of energy, networks, and green transition technologies, leveraging internationally recognized industrial expertise and solutions.