The International Center of Industrial Cooperation «Central Asia» will be created on the border of Kazakhstan and Uzbekistan. This was stated at the Uzbek-Kazakh interregional business Forum by Deputy Prime Minister - Minister of Trade and Integration of the Republic of Kazakhstan Serik Zhumangarin, reportswith a link toМИА «Казинформ».
«An important step towards industrial cooperation and the creation of a joint product for export to the markets of third countries is the accelerated implementation of the project of the International Center for Industrial Cooperation «Central Asia» on the border of Kazakhstan and Uzbekistan. The center will become not only an example of effective industrial cooperation, but also a key platform for the actively developing Central Asian economic corridor «North -South»», - Zhumangarin said.
The Minister noted the special role of attracting foreign direct investment in the economy of our countries. According to him, from 2005 to the second quarter of 2022, the gross inflow of foreign direct investment from Uzbekistan to Kazakhstan amounted to $ 23 million, while Kazakh investments in the economy of Uzbekistan for the same period amounted to $ 560 million.
«The Central Asian region should present a united front in attracting international capital. Kazakhstan has already created all the necessary infrastructure, which includes the site of the «Astana», International Financial Center, investment preferences. We are ready to act as a gateway for investors to our region, - Serik Zhumangarin stressed.