KAZAKH INVEST Participated in the International Industrial Exhibition INNOPROM-2023
From July 10th to 13th of this year, the international industrial exhibition INNOPROM-2023 is taking place in Yekaterinburg, where the panel session "Industrial Cooperation Russia-Kazakhstan" was held. The event was moderated by Ruslan Ibraimov, Deputy Chairman of the Board of "National Company "KAZAKH INVEST" JSC.
INNOPROM is an international industrial exhibition held annually in Yekaterinburg since 2010. The exhibition involves Russian and foreign companies presenting their innovative developments and projects. The forum includes plenary sessions, round tables, business meetings and negotiations, discussions, presentation sessions, masterclasses, with the participation of businessmen, experts, and scientists from around the world.
The panel session featured speakers such as Marat Karabayev, Minister of Industry and Infrastructural Development of the Republic of Kazakhstan, Nikita Gusakov, CEO of EXAR JSC, Alexander Shokhin, President of the Russian Union of Industrialists and Entrepreneurs, Kassym Mukhanbetov, Managing Director of Development Bank of Kazakhstan, and others.
Ruslan Ibraimov, Deputy Chairman of the Board of "National Company "KAZAKH INVEST" JSC, noted that the Russian Federation is an important strategic and reliable partner of Kazakhstan. He also reminded that over the past 30 years, a solid architecture of bilateral cooperation has been built. In 2022, the trade turnover between Kazakhstan and Russia reached a record $28.2 billion.
"Russia holds a special place among the largest investors in the Kazakh economy, with a total investment volume of over $15 billion in the last 10 years. To date, with the support of the National Company KAZAKH INVEST, 33 joint projects have been implemented in Kazakhstan, and another 11 projects worth about $4 billion are in the stage of implementation and development," summarized Ruslan Ibraimov.
The panel session "Industrial Cooperation Russia-Kazakhstan" at the INNOPROM-2023 exhibition emphasized the importance of developing economic ties. Further strengthening of cooperation and exchange of experience will contribute to the successful implementation of joint investment projects.
