KAZAKH INVEST and Thirty Five Group Sign MoU on Cooperation in Coal Chemistry, Energy, and Mining
Chairman of the Management Board of NC KAZAKH INVEST Yerzhan Yelekeyev and Khalid bin Mohammad Al-Attiyah, Chairman of the Board of Directors of Qatari company Thirty Five Group, former Deputy Prime Minister and Minister of Defense of the State of Qatar, signed a memorandum of understanding on cooperation in coal chemistry, energy, and the mining and metallurgical sector.
The document outlines plans to jointly explore projects in key non-resource sectors with a focus on deep processing of raw materials, implementation of advanced technologies, and export of finished products. Thirty Five Group, in partnership with international agro-industrial holding Tiryaki Agro, is considering investments of around $2 billion in Kazakhstan across industrial cooperation, coal chemistry, processing, energy, and logistics.
Yerzhan Yelekeyev highlighted the MoU as a gateway to large-scale investment initiatives involving Qatari capital:
“Qatar is one of Kazakhstan’s key partners in the Middle East. We see significant potential to expand our economic ties and implement joint initiatives. This memorandum opens new opportunities for major investment projects with Qatari involvement. Kazakhstan offers a stable jurisdiction, raw material and logistics potential, and state support measures. We hope the partnership with Thirty Five Group and Tiryaki Group will become a model of mutually beneficial and strategic cooperation,” he noted.
From the Qatari side, strong interest in collaboration was also emphasized. Khalid bin Mohammad Al-Attiyah noted that during the delegation's visit to Kazakhstan, a number of productive meetings were held with government and business representatives:
“We gained a clear understanding of Kazakhstan’s potential. It is a country with a resilient economy, favorable business environment, and ambitious outlook. We witnessed a high level of professionalism from public institutions, transparent procedures, and genuine willingness to collaborate. I am confident that Kazakhstan holds tremendous potential for large-scale and long-term projects, and we are proud to be part of this transformation,” he stated.
Both sides expressed their intention to promptly begin working on concrete projects and to establish regular dialogue with relevant ministries, financial institutions, and industrial operators.