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KAZAKH INVEST Held a Seminar on Developing Cooperation with Spain

KAZAKH INVEST Held a Seminar on Developing Cooperation with Spain

At the site of NC "JSC "KAZAKH INVEST," a practical seminar, Business and Investment Opportunities: Spain-Kazakhstan, was held as part of Spain Days in Kazakhstan. The seminar explored commercial and investment opportunities between the two countries, focusing on key economic sectors. Organized by ACIR Southern Europe, the event brought together experts and representatives from the public and business sectors of both countries, including Luis Martinez Montes, the Ambassador of Spain to Kazakhstan, Asel Suankulova, Deputy Director of the Investment Attraction Department of KAZAKH INVEST, and Eduard Gulyan, President of ACIR Southern Europe.

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During the seminar, participants discussed several current issues of bilateral cooperation in pharmaceuticals, the cosmetics market, and the food industry, as well as proposals for localizing the production of water treatment equipment.

Speaking at the seminar, A. Suankulova presented to the Spanish side Kazakhstan's investment climate, the current government support measures, and the national company's efforts in attracting investments. The Deputy Director also highlighted the growing interest of Spanish companies in developing Kazakhstan's light industry.

"The portfolio of Spanish investments in Kazakhstan consists of only 13 projects worth $212 million. We invite Spanish investors to create joint projects to expand our countries' partnerships further. In particular, we are interested in attracting investment projects to the light industry, relying on your deep knowledge and experience in technological developments," A. Suankulova emphasized.

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At the conclusion of the seminar, the parties discussed the upcoming visit of the Minister of Foreign Affairs of Spain to Kazakhstan and agreed to establish the Central Asia-Southern Europe Business Club, a practical platform for exchanging business practices aimed at developing network interactions.

Reference:

ACIR Southern Europe is a consulting and international trade company that supports and develops business ties between Southern Europe and Central Asia. The company offers a wide range of services, including developing and implementing strategies for entering international markets, finding partners, organizing B2B meetings and events, facilitating investment projects, and supporting foreign investments.

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