KAZAKH INVEST Took Part in the Kazakhstan–Azerbaijan Business Forum
As part of the official visit of the President of the Republic of Azerbaijan Ilham Aliyev to Kazakhstan, the Kazakhstan–Azerbaijan Business Forum was held under the theme “Economic Cooperation in the Era of Artificial Intelligence and Industrial Initiatives.” The event was attended by Sultangali Kinzhaklulov, Chairman of the Management Board of JSC “NC KAZAKH INVEST.”
In his remarks, S. Kinzhaklulov emphasized the strategic nature of the partnership between Kazakhstan and Azerbaijan, noting that bilateral relations have reached a new level of trust and economic integration.
“Our countries are united by historical and cultural ties, and today we stand as reliable partners in the Caspian region and as key links in Eurasia’s transport and energy architecture. Of particular importance is the development of the Trans-Caspian International Transport Route (TITR, Middle Corridor), which is becoming a key direction for strengthening connections between Europe and Asia,” – said Sultangali Kinzhaklulov.
He highlighted that Kazakhstan holds a leading position in Central Asia in terms of attracting foreign direct investment — since gaining independence, the country has attracted more than USD 470 billion, accounting for nearly half of all investments in the region. The head of the national company also noted the significant potential for cooperation with Azerbaijan in logistics, energy, industrial cooperation, agriculture, and digitalization.
Speakers at the forum also included the Minister of Trade and Integration of the Republic of Kazakhstan Arman Shakkaliyev, Deputy Minister of Economy of Azerbaijan Anar Akhundov, CEO of QazTrade Aitmukhamed Aldazharov, Executive Director of AZPROMO Yusif Abdullayev, as well as representatives of KOBIA, Damu, and Azerconnect Group.
The forum served as an important platform for discussing new areas of bilateral cooperation, including the development of industrial clusters, energy projects, and transport corridors. The event concluded with an official signing ceremony of agreements and memoranda between representatives of business and government bodies of the two countries.
