Akim of West Kazakhstan region discussed prospects of cooperation with Japanese investors

Akim of the region Gali Iskaliyev met with Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Kazakhstan Jun Yamada, Head of the Japanese Chamber of Commerce Hiroshi Ikeda and investors in an online format.

During the meeting with 23 major Japanese corporations, among which were representatives of INPEX NORTH CASPIAN SEA LTD, APPAK LLP, ITOCHU Corporation, Komek Machinery Kazakhstan, JICA Kazakhstan, Sumitomo Corporation Moscow, Toyota Tsusho Corporation, Marubeni Corporation, Mitsubishi Corporation, Tokyo Rope Mfg Co. Ltd NISSIN CORPORATION and other large companies, investment opportunities of the region were presented, after which the prospects for cooperation were discussed.

The Governor of the region thanked the participants of the online meeting for their interest in the prospects of business cooperation between Kazakh and Japanese companies.

– When we discuss the prospects of cooperation with all major foreign companies, we often say that foreign businesses can focus on two areas of work. The first is our region, which is located in the West of Kazakhstan, where the main oil and gas fields of the country are located. The second is the proximity of our region to the Russian Federation and access to countries such as Azerbaijan and Iran through the Caspian Sea, " the governor of the West Kazakhstan Region said. In order for investors to get a complete picture of the region and its promising projects, the governor of the region proposed to create a working group between companies from both sides, which will discuss in detail the prospects for cooperation.

– For our part, we are ready to provide full assistance to Japanese companies in the form of providing land plots, bringing the necessary infrastructure at the expense of Kazakhstan and assistance in the sales market, - Gali Iskaliyev said.

Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Kazakhstan Jun Yamada noted that the West Kazakhstan Region occupies a special place for business between the countries. Ambassador Jun Yamada announced his intention to personally visit the region after overcoming the situation with the pandemic.

– The 30th anniversary of our diplomatic relations will be celebrated soon. We will summarize the results of our cooperation and outline a common course for further joint work. I think this meeting is very timely for the future – " said Jun Yamada. During the meeting, representatives of Japanese business were presented with the investment potential of the region.

The West Kazakhstan region belongs to the Western macro-region, which specializes in the oil and gas industry, mechanical engineering, food industry, construction industry, grain farming and animal husbandry. Within the framework of the presentation, the work of the world's largest Karachaganak oil and gas condensate field, many factories and factories, successfully developing sectors of the economy were noted.

The region is ready to become a platform for new projects with the participation of foreign companies. There are great prospects for cooperation with Japanese companies in the field of organizing the production of special equipment, the development of the machine-building industry and the agro-industrial complex.