Kazakhstan Strengthens Investment Cooperation with the Kingdom of Morocco
Issues of investment, economic and humanitarian cooperation were discussed during the Kazakh-Moroccan roundtable organized by the Embassy of the Republic of Kazakhstan in the Kingdom of Morocco and the Chamber of Commerce of the Casablanca-Settat region. About 60 business representatives took part in the event.
During the meeting, the parties considered the possibilities of cooperation in such sectors of the economy as the agribusiness, construction, pharmaceuticals, information technology, etc.
Opening the roundtable meeting, the AEP of the Republic of Kazakhstan in the Kingdom of Morocco Saulekul Sailaukyzy highlighted the great importance of the Moroccan market in strengthening business, trade and economic relations with Kazakhstan, as well as the significant potential for expanding investment cooperation.
“Kazakhstan attaches great importance to the development of cooperation with the Kingdom. We see your country as a bridge between Europe and Africa. To some extent, our countries can be called similar, since Kazakhstan plays a similar role, connecting the markets of China, Europe and the EAEU”, - she added.
In turn, Deputy Chairman of the Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan Yerlan Zeyneshev and Deputy Chairman of the Board of “NC “KAZAKH INVEST” JSC Zhandos Temirgali told about the existing measures of state support for investments, a wide range of benefits and preferences, as well as about the ongoing work to improve the investment climate and develop priority and potential industries in the Republic of Kazakhstan.
In his speech, Deputy Chairman of the Board of “NC “KAZAKH INVEST” JSC Zhandos Temirgali highlighted the high potential for the development of investment cooperation between the two countries in the agribusiness, food industry, logistics and tourism.
“Today Kazakhstan offers new opportunities not only in terms of natural resources. Thanks to the Government's efforts to diversify the economy and realize the potential of priority industries, huge investment opportunities are opening up in various sectors, such as agribusiness, healthcare, transport and logistics, tourism, petrochemical production, mechanical engineering and others. At KAZAKH INVEST, we regularly analyze industries with high development potential, identify potential niches and projects that are attractive to investors. To date, we have prepared more than 170 investment proposals, which can be viewed by representatives of the Moroccan business”, - said Zhandos Temirgali.
Following the results of the roundtable, the parties agreed on the need to deepen mutually beneficial trade, economic and investment cooperation between the two countries.
