Kazakhstan plans to develop new investment projects with foreign partners
Kazakhstan and Jordan plan to establish cooperation in the production of veterinary and medical supplies. This became known during online talks between representatives of companies from the two countries, which took place with the assistance and participation of Kazakh Embassy to Jordan and “Kazakh Invest” NC. This was reported by the press service of Kazakh Foreign Ministry.
Director General of a Jordanian pharmaceutical company Abdelmunim Sharaf noted that they are most attracted by the favorable investment climate in Kazakhstan as well as the prime location of the state and its membership in the EAEU with significant potential and market capacity. Managing director of a national investment company of Kazakhstan, Arman Danayev, made a presentation of business opportunities in the country and informed the Jordanian party about the system of benefits and preferences for foreign investors.
The talks resulted in an agreement on creation of a working group that will discuss practical issues related to common projects in veterinary pharmaceuticals.
Meanwhile, representatives of Indian business community also see great prospects for partnerships in this area. More than 100 businesspeople took part in a webinar organized by Kazakh Embassy to India together with the “Kazakh Invest” NC.
During the event, the Kazakh party presented new investment opportunities. Kazakh Ambassador to India Yerlan Alimbayev noted the dynamic growth of bilateral relations, noting that the trade turnover reached US$1.57 billion in five months of 2020. This shows that trade and investment cooperation is expanding. Kazakhstan called on the Indian business community to effectively use the existing potential between the two countries and to actively participate in new investment projects.
Indian entrepreneurs expressed their intention to increase interaction with Kazakh colleagues in construction, energy, infrastructure, chemical, textile and food industries.