UAE interested in investment in Kazakhstan’s economy

10 July, 2018, 14:00 375
UAE interested in investment in Kazakhstan’s economy

Particularly, the Arab side interested in projects of agriculture, food industry, engineering and tourism.

A bilateral meeting of the Arab delegation including businessmen and representatives of the national company "Kazakh Invest" was held in frames of Kazakhstan Global Investment Roundtable-2018 in Astana, correspondent informed.

The meeting discussed cooperation perspectives and realization of new investment projects of the Arab business in the key sectors of

Kazakhstan’s economy.

“Kazakhstan is a strategic partner of UAE in C Asia. We pay a great attention to Kazakhstan’s economic development and the perspectives providing for the Arab business,” head of the Arab delegation, Secretary General of the UAE Foreign Investors Council Jamal Saif Al Jarwan announced during the meeting.   

Besides, the sides exchanged views on the current joint business projects, and the Kazakh side presented the most promising projects in such priority sectors of the economy as agriculture, food industry, engineering, and tourism.

In turn, Chairman of Board of NC  Kazakh Invest  JSC Saparbek Tuyakbayev noted Kazakhstan adheres to the principles of openness, protection and full support of international investors working in the country.

"The state privatization program opens even more unique opportunities for business in Kazakhstan. And we are ready to provide all-round assistance and support to companies from the friendly UAE on an ongoing basis, " Tyuakbaev stressed.

A memorandum of cooperation between NC Kazakh Invest JSC and the Association of International Investors of the UAE was signed following the meeting.

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