Economics

Askar Mamin met with Turkish businessmen

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RK Prime Minister Askar Mamin held a meeting with representatives of the Association of Turkish and Kazakhstan Businessmen (TUKIB), headed by F. Develioglu, Chairman of the Association’s Board of Directors, owner of the Eksen Group, Kazpravda.kz reports citing Kazakhstan Prime Minister’s press service.

Development of mutually beneficial cooperation between the two countries’ business structures and implementation of new joint investment projects in Kazakhstan were discussed.

“Turkey is among the top 10 major trade partners of Kazakhstan. The trade turnover between our countries as at the end of 2018 reached more than $ 1.9 billion. Over the 7 months of this year, the mutual trade volume grew by 73.5 on-year "We highly appreciate the share of Turkish companies in the economic projects in Kazakhstan. Our common task is to increase the level of investment cooperation,” A. Mamin said.

He invited the Turkish business to create export-oriented enterprises in agriculture, light industry, construction materials.

A business forum will be held in Ankara on November 11 this year as part of the meeting of the Kazakh-Turkish intergovernmental commission.

In Kazakhstan, about 2,200 enterprises with the Turkish capital operate in various fields. Together with Turkey, 34 large-scale investment projects worth $ 1.6 billion were implemented in pharmaceuticals, electron-optical devices, soft drinks and confectionery. Currently, 16 projects worth $ 2.2 billion are being implemented in the construction and minerals processing areas.

TUKIB was founded in 2016, the year of the 25th anniversary of Kazakhstan Independence and establishment of diplomatic relations between Kazakhstan and Turkey. It includes Ahsel Holding, Alarko, GQ Management Aykar Group, Eksen Group, Eurasian Machinery, Efes Kazakhstan, Coca-Cola, Kassanov Investment Group, Makyol, Sembol-Rixos Group, Wyndham Hotel Group, A-SYS Engineering, Ramstore, Stone Decor and other companies in construction, hotel, industrial sectors, food and light industries.

19:55, 13 September 2019
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