NUR-SULTAN (TCA) — As part of his working trip to Abu Dhabi, Kazakhstan’s Prime Minister Askar Mamin met with Deputy Prime Minister, Minister for Presidential Affairs of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan. They discussed bilateral cooperation in trade and economy, finance and investment, transport and logistics, agro-industrial, construction, petrochemical, space, tourism and other areas, primeminister.kz reported on October 12.
As a result of negotiations between the governments of Kazakhstan and the UAE, a document was signed on investment cooperation which provides for the implementation of 21 projects worth $6.1 billion.
The projects proposed by Kazakhstan to the UAE provide for the creation of new industries with high added value and great demand potential both in the domestic and foreign markets. Their implementation will create new high-quality jobs in Kazakhstan, and introduce advanced technologies and practices in Kazakhstan.
Kazakhstan and the UAE pay special attention to cooperation in the agro-industrial sector — 10 out of 21 planned projects provide for the launch of food production with high added value. This will allow Kazakhstan to become an important link in the Food Security Strategy implemented by the UAE until 2051 and will further increase trade between the two countries.
The Kazakh delegation included the Minister of National Economy Ruslan Dalenov, Minister of Justice Marat Beketayev, Deputy Chairman of the Agency for Strategic Planning and Reforms Zaslan Madiev, Chairman of the Board of JSC Baiterek National Management Holding Aidar Arifkhanov, and Akim (Mayor) of Nur-Sultan Altay Kulginov.
Source: TCA
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