THE HEAD OF KAZAKH INVEST AND SECRETARY GENERAL OF THE ASSOCIATION OF FOREIGN INVESTORS OF THE UNITED ARAB EMIRATES DISCUSSED INVESTMENT COOPERATION

The bilateral meeting of the Arab delegation of businessmen and representatives of the National Company Kazakh Invest was held within the framework of Kazakhstan Global Investment Roundtable-2018 in Astana.

The parties discussed prospects for cooperation and implementation of new investment projects of Arab business in priority sectors of Kazakhstan economy.

“Your country has been and remains a strategic partner for the UAE in the Central Asian region, and we are paying great attention to the development of the Kazakhstan economy and to the prospects that it opens for the Arab business”, - Mr. Jamal Saif Al Jarwan, the Head of the delegation of the Arab Emirates and the Secretary General of the Association of Foreign Investors of the UAE said.

The parties 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.

Saparbek Tuyakbayev, the Chairman of Kazakh Invest emphasized that Kazakhstan adheres to the principles of openness, protection and full support of international investors working in the country.

“The state privatization program opens up even more unique opportunities for your country business in Kazakhstan. In addition, we are ready to provide all-round assistance and support to companies from the friendly UAE on an ongoing basis”, - S. Tuyakbayev mentioned.

In the end, the parties signed a memorandum of cooperation between NC Kazakh Invest JSC and the Association of International Investors of the UAE.